2088 Crest Dr Lake Oswego, OR 97034
Uplands NeighborhoodEstimated payment $42,062/month
Highlights
- Home Theater
- In Ground Pool
- Lake View
- Forest Hills Elementary School Rated A
- Custom Home
- Heated Floors
About This Home
Reimagined, refined, and refreshed, this five-star resort-style estate atop Uplands Ridge at the crest of Iron Mountain is a masterwork of design and a celebration of Pacific Northwest beauty. Set on 1.38 acres with sweeping views of Mt. Hood, Oswego Lake, and the Willamette Valley, this 7,568 sq. ft. With 4 bedrooms, 6.1 baths, all guest bedrooms feature en suites, and the primary suite boasts heated floors, steam shower, and his and hers walk in closets. Originally designed by Dale Lumpkin and featured in Architectural Digest & the feature film 'Extraordinary Measures', has been re-envisioned by John Tercek and Stoneridge Custom Development. The transformation features a 93-foot saltwater infinity-edge pool and spa over looking Iron Mountain Park, Oswego Lake and beautiful Mt. Hood. Inside you'll find a glass-enclosed wine gallery, a reimagined baths and kitchen with Miele and Sub Zero appliances, Carrara marble, designer lighting, 4 fireplaces and striking black-frame windows and doors. With its gated entry, four-car garage, home theater, gas generator, gym, sauna, and seamless connection between indoor and outdoor living, this home stands as one of Lake Oswego’s most distinguished estates, where timeless architecture, modern refinement, and breathtaking views converge. Uplands lake easement.
Listing Agent
LUXE Forbes Global Properties License #200305238 Listed on: 10/08/2025
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $92,830
Year Built
- Built in 2005
Lot Details
- 1.38 Acre Lot
- Gated Home
- Private Lot
- Level Lot
- Sprinkler System
- Property is zoned R-10
Parking
- 4 Car Attached Garage
- Garage on Main Level
- Garage Door Opener
Property Views
- Lake
- Mountain
- Territorial
Home Design
- Custom Home
- Dutch Colonial Architecture
- Shake Roof
- Shingle Siding
- Stone Siding
- Concrete Perimeter Foundation
Interior Spaces
- 7,987 Sq Ft Home
- 3-Story Property
- Central Vacuum
- Sound System
- Built-In Features
- High Ceiling
- 4 Fireplaces
- Gas Fireplace
- Double Pane Windows
- Family Room
- Living Room
- Dining Room
- Home Theater
- Finished Basement
- Natural lighting in basement
Kitchen
- Butlers Pantry
- Built-In Double Oven
- Built-In Range
- Microwave
- Built-In Refrigerator
- Dishwasher
- Wine Cooler
- Kitchen Island
- Marble Countertops
- Disposal
Flooring
- Wood
- Wall to Wall Carpet
- Heated Floors
- Marble
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Soaking Tub
- Steam Shower
Laundry
- Laundry Room
- Washer and Dryer
Home Security
- Home Security System
- Security Gate
- Fire Sprinkler System
Accessible Home Design
- Accessibility Features
Pool
- In Ground Pool
- Spa
Outdoor Features
- Balcony
- Deck
- Covered Patio or Porch
- Outdoor Fireplace
- Fire Pit
Schools
- Forest Hills Elementary School
- Lake Oswego Middle School
- Lake Oswego High School
Utilities
- 95% Forced Air Zoned Heating and Cooling System
- Heating System Uses Gas
- Gas Water Heater
- High Speed Internet
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 00246861
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $92,830 | $4,833,867 | -- | -- |
| 2024 | $90,355 | $4,693,075 | -- | -- |
| 2023 | $90,355 | $4,556,384 | $0 | $0 |
| 2022 | $85,098 | $4,423,674 | $0 | $0 |
| 2021 | $76,872 | $4,200,488 | $0 | $0 |
| 2020 | $48,887 | $2,660,374 | $0 | $0 |
| 2019 | $47,684 | $2,582,888 | $0 | $0 |
| 2018 | $45,346 | $2,507,658 | $0 | $0 |
| 2017 | $43,755 | $2,434,619 | $0 | $0 |
| 2016 | $39,835 | $2,363,708 | $0 | $0 |
| 2015 | $38,486 | $2,294,862 | $0 | $0 |
| 2014 | $37,988 | $2,228,021 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 10/08/2025 10/08/25 | For Sale | $6,500,000 | -5.8% | $814 / Sq Ft | |
| 08/25/2022 08/25/22 | Sold | $6,900,000 | -4.8% | $835 / Sq Ft | View Prior Sale |
| 07/13/2022 07/13/22 | Pending | -- | -- | -- | |
| 04/24/2022 04/24/22 | For Sale | $7,250,000 | +25.0% | $878 / Sq Ft | |
| 11/29/2021 11/29/21 | Sold | $5,800,000 | -17.1% | $702 / Sq Ft | View Prior Sale |
| 09/06/2021 09/06/21 | Pending | -- | -- | -- | |
| 06/07/2021 06/07/21 | For Sale | $6,995,000 | +113.3% | $847 / Sq Ft | |
| 06/28/2019 06/28/19 | Sold | $3,280,000 | -6.3% | $424 / Sq Ft | View Prior Sale |
| 06/14/2019 06/14/19 | Pending | -- | -- | -- | |
| 04/25/2019 04/25/19 | Price Changed | $3,499,000 | -7.9% | $452 / Sq Ft | |
| 01/04/2019 01/04/19 | For Sale | $3,799,000 | -- | $491 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $6,900,000 | None Listed On Document | |
| Warranty Deed | $5,800,000 | First American | |
| Warranty Deed | $3,280,000 | Fidelity Natl Ttl Co Of Or | |
| Interfamily Deed Transfer | -- | Fidelity National Co Of Or | |
| Interfamily Deed Transfer | -- | Fidelity Natl Title Co Of Or | |
| Warranty Deed | -- | Stewart Title |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $5,500,000 | New Conventional | |
| Previous Owner | $1,500,000 | Stand Alone Refi Refinance Of Original Loan | |
| Previous Owner | $185,000 | Seller Take Back | |
| Closed | $180,000 | No Value Available |
Source: Regional Multiple Listing Service (RMLS)
MLS Number: 272798363
APN: 00246861
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