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About this home
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!
Single-familyProperty Type
2004Year Built
1.88 acresLot Size
$707Price/Sq.Ft.
5 car garageParking
Listed by Kevin Hall• Cascade Hasson Sotheby's International Realty
Listed by Kathy Hall• Cascade Hasson Sotheby's International Realty
Forest Highlands, located between Boones Ferry Road and I-5, is a residential and wooded Lake Oswego neighborhood with curving hillside streets and a canopy of evergreens. The neighborhood’s character concentrates around the Boones Ferry Road corridor near Kruse Way, where coffee counters, local eateries, and small professional storefronts set a steady weekday rhythm. Nearby, Lake Theater & Cafe, Zupan’s Markets, and La Provence Boulangerie & Patisserie act as familiar community touchpoints. Homes lean toward mid-century and late-20th-century Northwest styles, often set back behind mature landscaping. Green pockets and trail-like sidewalks shape a walk-and-roll feel, while the terrain creates quiet cul-de-sacs and filtered views. Daily life orbits around errands, dining, and outdoor breaks, with downtown Lake Oswego a short drive away.
Provided by Walk Score and Local Logic
Offer insights
951 Atwater Rd · $5,495,000
$5.43M and above
75% chance or better to win
Why $5.43M+ is a strong offer
DAYS ON MARKET
155 days
The average home goes pending in 26 days.
SALE-TO-LIST
99.0%
Most homes are selling 1% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Accessibility features including caregiver quarters and a main-floor bedroom with bath
Central vacuum
Dumbwaiter
Garage door opener
Granite and quartz surfaces
Hardwood floors
High and vaulted ceilings
Home theater / media room
Laundry area (washer/dryer listed)
Separate living quarters / accessory apartment
Slate and tile flooring options
Soaking and jetted tubs
Sound system
Sprinkler system
Wall-to-wall carpet in some rooms
Water purifier
Three gas fireplaces
Bedrooms
Primary bedroom on the main level with built-ins, dressing room and suite amenities (double sinks, Barn door, vaulted ceiling)
Second bedroom on the upper level with walk-in closet and en suite features
Third bedroom on the main level
Bathrooms
Six bathrooms total (5 full, 1 partial)
Two full bathrooms and one half-bath on the main level
Three full bathrooms on the upper level
Primary suite includes double sinks and a jetted tub
Kitchen
Built-in range and built-in oven
Built-in refrigerator
Convection oven and microwave
Dishwasher
Gas appliances
Island with eat bar
Pantry
Pot filler and range hood
Granite counters
Laundry & utility
Washer and dryer included in primary suite area
Laundry room present
Flooring
Hardwood floors in primary living spaces and some rooms
Tile and slate flooring in select areas
Wall-to-wall carpet in bedrooms and media room
Heating & cooling
Forced air heating
Mini-split heating option
Central air conditioning
Gas hot water with tank
Exterior features
Composition roof
Cedar and stone exterior details
Built-in barbecue and built-in hot tub
In-ground pool
Covered patio, patio and deck
Outdoor fireplace
Guest quarters / second residence and separate apartment
Workshop and tool shed
Fenced yard with sprinkler system
RV parking and RV/boat storage
Second garage
Security lights
Gated, private, level lot with trees
Park/greenbelt and trees/woods views
Paved road access
Home design
Single-family residence (resale)
Multiple levels including main, upper, lower and a 3rd-floor area
Three-level living area distribution
Parking
Driveway parking and RV access/parking
Five total parking spaces
Attached and detached oversized garages (total 5 garage spaces)
RV/boat storage available
Security
Security gate and security system (owned)
Security lights and fire escape
Construction
Built in 2004
Concrete perimeter foundation
Utilities
Public water
Septic tank sewer
Gas fuel
Cable internet
Other
Property zoning: R20
Property type: Residential single-family
Building area approximately 7,773 (calculated 7,196)
Lot approximately 1.88 acres (private, gated)
Electricity and solar
View estimated energy costs and solar savings for this home
This magnificent Forest Highlands estate is a tremendous opportunity to enjoy nearly 2 acres of gated, private & meticulously landscaped grounds located in the heart of Lake Oswego. Vaulted beamed ceilings, heated travertine floors, media room, gym, music/game room & private guest quarters. Impressive newer 2013 addition includes a 2,490 sf artist studio/pool house. Stunning solar heated pool with hot tub & covered entertaining area.
Public Records
Jul 28, 2017
Sold
$3,100,000
$399/sq ft
RMLS #12046626
Sep 14, 2012
Sold
$1,650,000
$212/sq ft
May 12, 2012
Pending
—
May 10, 2012
Listed
$1,645,000
$212/sq ft
+11
One of a kind stunning Lake Oswego Estate on nearly 2 acres! Incredibly quiet, private & peaceful setting next to park. Stoneridge Development built home w/soaring vaulted open beamed ceilings, main level living, dedicated theater + craft rooms. Covered outdoor living space w/fireplace, oversized swimming pool, sport court, outbuilding, & gated entrance.
Public Records
Jun 1, 2004
Sold
$850,000
$109/sq ft
Public Records
Jul 1, 1986
Sold
$185,000
$24/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$48,035 (+2.7%)
2024
$46,782 (+3.0%)
2023
$45,421 (+2.9%)
2022
$44,136 (+14.4%)
2021
$38,584 (+3.0%)
2020
$37,466 (+0.3%)
2019
$37,371 (+3.3%)
2018
$36,190 (+4.4%)
2017
$34,671 (+11.4%)
2016
$31,111 (+5.5%)
2015
$29,498 (+1.8%)
2014
$28,987 (+25.9%)
2013
$23,033 (+3.1%)
2012
$22,342 (+0.9%)
2011
$22,135 (−2.3%)
2010
$22,655
2009
$22,655
Public record
Public record
Zoning
Permits
Beds
6
Baths
4.5
Stories
1
Lot width
—
Lot depth
—
Lot size
1.88 Acres
Year renovated
—
Finished Sq. Ft.
7,582
Unfinished Sq. Ft.
—
Total Sq. Ft.
7,582
Year built
2004
Style
Single Family Residential
County
Clackamas County
APN
00200687
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 18, 2026.
R20
Urban Low Density Residential District
Urban Low Density Residential District is adopted to implement the policies of the Comprehensive Plan for Low Density Residential, Village Standard Lot Residential, Village Small Lot Residential, Village Townhouse, Medium Density Residential, Medium High Density Residential, High Density Residential, Special High Density Residential, Village Apartment, and Regional Center High Density Residential areas.
Permitted uses
Include but are not limited to:
Religious facility
Housing-Multiple units
Recreation
Golf related
Aug 9, 2023 • Final
Building - plumbing
Plumbing
Nov 16, 2022 • Final
Building - electrical
Gas
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
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, 14 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
59
84
62
76
57
62
48
52
43
50
41
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
61/ 100
Moderate sunlight
Sunscore
There appears to be some shading by surrounding buildings, terrain, and vegetation.
7.1 hrs
4.3 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 951 Atwater Rd
We cannot show automated home-value estimates for this home.
Nearby homes have recently sold between $1,699,000 and $4,108,000.
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $1.7M to $4.1M.