
Photograph 1 of 46
951 Atwater Rd, Lake Oswego
$5,495,000
Save- Price per sqft
- $706.93
- Built in
- 2004
- Property size
- 7,773 sqft
- Lot size
- 1.88 acres
- Property type
- Residential
- Days on market
- 189
Overview
Introducing a truly exceptional rare retreat in the heart of Lake Oswego set on 1.88 private acres in unincorporated Clackamas County, this gated estate offers an extraordinary blend of luxury, comfort & seclusion.The outdoor setting is a showpiece, centered around a resort-style pool & an impressive vaulted pool/guest house designed for unforgettable entertaining.The 7,773sf grand primary residence is ideal for both large-scale gatherings as well as everyday living.The main level is highlighted by a vaulted primary suite, privately positioned complete with a generous custom dressing room & convenient laundry. The center of the home offers a chef's kitchen with high end finishings, dramatic great room, grand scale formal dining room with custom buffet, a refined library complete with a custom rolling ladder, 2nd main level bedroom, office & a fully equipped lower-level theater. Throughout, soaring ceilings with rich wood beam accents & expansive windows create a bright, airy atmosphere while maintaining a strong sense of privacy. Upstairs, a distinctive split layout separates a spacious guest suite—featuring its own laundry & storage/bonus space—from the separate upper level offering three bedrooms, playroom & a dedicated fitness room. Additional amenities include outdoor fireplace, an oversized three-car attached garage, RV parking and picturesque gardens with expansive lawns, meandering walking paths, huge verandah & custom lighting. Versatile 1390 sf pool/guest house features a stage, fireplace, stylish bar & kitchenette, dedicated office or studio, 1 1/2 baths, plethora of storage, plus an additional oversized two-car garage/shop suitable for a lift. Bordering the 6.8-acre Woodmont Park & near Tryon Creek State Park with miles of scenic trails, this property is located in the highly desirable Forest Highlands neighborhood, just minutes from top-rated schools, charming Lake Oswego Village & Lake Grove restaurants, cafes, shops, golf, gourmet markets and more!
Details
Interior
- Interior features
- Third Floor, Central Vacuum, Dumbwaiter, Garage Door Opener, Granite, Hardwood Floors, High Ceilings, Home Theater, Laundry, Quartz, Separate Living Quarters / Apartment / Aux Living Unit, Slate Flooring, Soaking Tub, Sound System, Sprinkler, Tile Floor, Vaulted Ceiling, Wall to Wall Carpet, Washer / Dryer, Water Purifier
- Appliances
- Appliance Garage, Built-in Oven, Built-in Range, Built-in Refrigerator, Convection Oven, Dishwasher, Gas Appliances, Granite, Island, Microwave, Pantry, Pot Filler, Range Hood
- Fireplace
- Yes
- Fireplaces
- 3
- Fireplace description
- Gas
- Cooling
- Yes
- Cooling description
- Central Air
- Heating
- Yes
- Heating description
- Forced Air, Mini Split
- Windows
- Double Pane Windows, Wood Frames
Exterior and lot
- Lot size
- 1.88 acres
- Exterior features
- Built-in Barbecue, Built-in Hot Tub, Covered Patio, Deck, Fenced, Guest Quarters, In Ground Pool, Outdoor Fireplace, Patio, RV Parking, RV / Boat Storage, Second Garage, Second Residence, Security Lights, Sprinkler, Tool Shed, Workshop, Yard
- Lot features
- Gated, Level, Private, Trees
- Architectural style
- Custom Style, Traditional
- Roof
- Composition
- View
- Yes
- View description
- Park / Greenbelt, Trees / Woods
Utilities
- Sewer
- Septic Tank
- Water source
- Public Water
Parking
- Garage spaces
- 5
- Parking
- Driveway, RV Access Parking
- Total parking
- 5
Schools
- High school
- Lake Oswego
- Middle school
- Lake Oswego
- Elementary school
- Forest Hills
Location
- City
- Lake Oswego
- County
- Clackamas
- Zoning
- R20
- Subdivision
- FOREST HIGHLANDS
Taxes and dues
- Annual taxes
- $49,645 (2026)
Location
951 Atwater Rd, Lake Oswego, OR 97034

Monthly payment estimate
$33,384 /mo
- Principal and interest
- $29,247
- Property tax (2026)
- $4,137
- Total
- $33,384
Estimate only, and not an offer of credit. Assumes 20% down ($1,099,000) and a 30-year fixed rate at 7.00%. Property tax is the assessed annual amount from the listing, divided by twelve. Rates change daily. Insurance and mortgage insurance are not included. Speak to a lender for terms that apply to you.





















































