When the Portland Trail Blazers traded Norman Powell to the Los Angeles Clippers in 2022, they lost a player who brought intensity and toughness to the court, according to The Oregonian/OregonLive reporter Aaron Fentress.
The high-powered scorer and solid defender, who was only on the team for a year, left behind a waterfront, gated estate in Lake Oswego that’s now for sale.
The asking price for the chateau-style residence, with steps to its private boathouse and the lake, at 3232 Lakeview Blvd. is $6.5 million.
“No expense spared ... one of Lake Oswego’s rare masterpieces,” stated listing broker Lee Davies with Jennifer Holland of Eleete Real Estate about the 0.23-acre property that’s known as the “stone castle of the lake.”
The mansion with 8,170 square feet of living space “enjoys most every luxury one can imagine with its seven fireplaces, indoor pool and an outdoor elevated private spa,” Davies told The Oregonian/OregonLive. “This is truly a warm, inviting home, and despite its grand size, it is a romantic, cozy retreat.”
The four-level house, built in 2000, has a stone facade with a round entry tower, and terraces and balconies with south-facing lake views.
Inside are high ceilings, hardwood floors and traditional finishes.
The main level has a 24-foot-long living room with exposed wood beams and a fireplace on both sides of glass doors to a patio overlooking the lake. The formal dining room also has a fireplace and French doors.
The kitchen has white cabinets, tile backsplashes, light colored granite counters and an island. Part of the large kitchen has a built-in banquette as well as a breakfast table area near the double doors to a patio.
The primary suite with a sitting room, wardrobe room and spa-like bathroom is on the second level, along with two more bedroom suites.
The third floor has a home office and the lower level has a fourth bedroom suite, temperature-controlled wine cellar, home theater and the enclosed lap pool.
Outdoor entertaining areas include slate patios with a built-in barbecue, fireplace and hot tub.
The property is protected by a security system and a whole-house Savant System provides smart energy management and monitoring.
The estimated cost per month to purchase the property with a fixed, 30-year mortgage at 6.4% after a 20% down payment of $1.3 million: $39,397 a month, per the Redfin marketplace, which includes:
- $32,462 loan principal and interest
- $210 homeowners dues
- $5,479 property taxes (annual amount is $65,748)
- $1,246 home insurance
Looking for something smaller? CJ McCollum’s West Linn mansion with 5,538 square feet of living space is for sale at $3.5 million. An offer was accepted 11 days after the property was listed, and is now pending.
— Janet Eastman | 503-294-4072
jeastman@oregonian.com | @janeteastman
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