. Situated in Atherton Heights, this exceptional traditional home offers breathtaking 180-degree panoramic views of surrounding valleys, Mount Hood, and beyond. This is also a perfect multigenerational home!!! Designed for both everyday living and entertaining, the expansive decks span multiple levels, creating the perfect setting for entertaining family & friends. Step through the front door and prepare to be amazed. A dramatic wall of windows immediately draws your eye to the incredible landscape. To the left, a private office with French doors, custom built-ins, and bookshelves. The main level features soaring ceilings, a welcoming living room with a gas fireplace, an elegant dining room, and a gourmet kitchen that flows into the family room. Every room is designed to capture the stunning views. The dining room and kitchen both open onto the expansive main-level deck, extending the living space outdoors. Upstairs, the spacious primary suite features a generous walk-in closet, a spa-inspired bathroom with a jetted soaking tub, dual shower plus a private deck. The lower level offers incredible flexibility with a spacious bonus living area complete with a kitchenette, refrigerator, dishwasher, microwave, island seating, and a gas fireplace. Sliding doors lead directly to the lower deck, pool, and beautifully landscaped backyard. This level also includes a guest suite and two additional bedrooms. Outside, the backyard is your own private oasis. The resurfaced pool (completed just three years ago) invites endless summer fun, while the surrounding outdoor spaces provide plenty of room to relax, entertain, and enjoy the incredible setting. Minutes from Lakeridge High School, Rassekh Skate Park, Luscher Farm, trails leading to Cook's Butte, and the new Lake Oswego Recreation & Aquatic Center & Municipal Golf Course. Downtown Lake Oswego is minutes away.
Single-familyProperty Type
1990Year Built
$379Price/Sq.Ft.
3 car garageParking
Listed by Beth Corey• Berkshire Hathaway HomeServices NW Real Estate
Palisades, located between Lake Oswego’s Lake Grove district and the Tualatin River corridor, is a residential and hillside Lake Oswego neighborhood with wooded slopes and pocket parks. The neighborhood’s character concentrates around the Boones Ferry Rd & Kruse Way area, where coffee counters, local eateries, and everyday services line a busy commercial strip. Housing trends toward mid-century ramblers and updated Northwest contemporaries, often set back behind tall firs. River-facing greenspaces and trail segments shape a outdoors-forward routine. Nearby community pillars such as Oswego Grill, La Provence Boulangerie & Patisserie, and Lake Theater & Cafe add a distinctly local cadence.
Provided by Walk Score and Local Logic
Offer insights
18500 Ray Ridge Dr · $1,875,000
$1.86M and above
75% chance or better to win
Why $1.86M+ is a strong offer
DAYS ON MARKET
85 days
The average home goes pending in 38 days.
SALE-TO-LIST
98.6%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Central vacuum
Garage door opener
Granite surfaces
Hardwood floors
High ceilings
Jetted tub
Marble surfaces
Soaking tub
Sprinkler system
Tile flooring
Wall-to-wall carpet
Double-pane windows
Basement with crawl space and daylight exposure
3 gas fireplaces
Bedrooms
Primary bedroom on upper level with balcony/deck, walk-in closet, double sinks, jetted tub, shower and suite layout
Second bedroom on lower level with en-suite bath and deck
Third bedroom on lower level
Fourth bedroom on lower level
Bathrooms
Total 4 bathrooms (3 full, 1 partial)
Lower level contains 2 full bathrooms
Upper level contains 1 full bathroom
Main level contains 1 partial bathroom
Kitchen
Built-in oven
Built-in range
Built-in refrigerator
Cook island
Cooktop
Dishwasher
Disposal
Double oven
Down draft
Gas appliances
Granite countertops
Island
Microwave
Appliance garage
Gourmet kitchen features
Trash compactor
Stainless steel appliances
Laundry & utility
Main-level laundry with sink
Laundry area includes hardwood flooring
Flooring
Hardwood floors in multiple main living areas
Tile flooring in bathrooms
Marble surfaces
Wall-to-wall carpet in several bedrooms and other rooms
Heating & cooling
Forced air heating (gas)
Central air conditioning
Exterior features
Shake roof
Covered patio
Decks (multiple)
Dog run
Fenced yard
Gas hookup for outdoor appliances
In-ground pool
Sprinkler system
Yard
Brick and cedar exterior
Cul-de-sac location
Gentle sloping and terraced lot
Private lot
Paved road access
Mountain, territorial and valley views
Home design
Single-family residence (resale)
Multiple levels including main, upper and lower levels
Entry level on main
Parking
Attached 3-car garage
Additional parking for 3 vehicles (driveway and on-street available)
Security
Security system installed
Construction
Built in 1990
Concrete perimeter foundation
Utilities
Public water
Public sewer
Gas fuel
Electricity and solar
View estimated energy costs and solar savings for this home
To provide lands for single-family residential development with densities ranging from 2 to 5 dwelling units per gross acre, and to provide lands for middle housing development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Infrastructure
Communications tower
Housing-Mobile home park
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
2/10 Heat Factor
7 days above 92° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
9/10 Air Factor
14 unhealthy days expected this year, 15 days in 30 years
Provided by First Street
Historical weather
Lake Oswego, OR • 97034
Average low and high temperatures (°F)
47
36
49
38
56
43
65
45
71
50
77
54
84
58
84
62
77
57
62
48
52
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
73/ 100
Good sunlight
Sunscore
There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.4 hrs
5.4 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 18500 Ray Ridge Dr
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $960,000 and $1,850,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $960K to $1.9M.