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132 Lake Terrace Dr #1, 
Mossyrock, WA 98564

$659,000


3

Beds


3

Baths


2,450

Sq Ft


Single Family

Active

Listed by

Jacqueline Smith

Lindsey Carpenter

Keller Williams Realty

360-693-3336

Last updated:

August 15, 2026, 11:34 AM

MLS#

512520331

Source:

PORTLAND

About This Home

132 Lake Terrace Dr #1

Rare opportunity in Mayfield Lake Village! This is your chance to own a charming, turn-key home PLUS separate 5-acre lot with utilities. These two tax lots open the door to flexibility—enjoy the existing home as-is, expand, build, or simply hold as an investment in a location where opportunities like this are hard to come by. Perched above the surrounding hills and framed by evergreens, the home captures sweeping territorial and lake views that make this setting feel like a true escape. Inside, the home is filled with warmth and character, featuring rich wood finishes, exposed beams, and expansive windows that pull the views front and center. The main living area offers vaulted ceilings and a stunning Montana stone fireplace that anchors the space, creating a cozy yet open feel. Large sliders lead out to expansive decks, perfect for soaking in the scenery, entertaining, or unwinding at the end of the day. The layout offers flexibility with multiple living spaces, including a lower level with its own fireplace and room to spread out, host guests, or create a separate retreat. The kitchen is functional and well-positioned with ample cabinetry and easy flow into the main living areas. Major updates have already been taken care of, giving you confidence and ease from day one. Recent improvements include updated electrical and plumbing, new roof and windows, updated flooring, fresh exterior paint, and rebuilt decks, making this home truly move-in ready. Beyond the home, the additional acreage provides space and potential that’s increasingly difficult to find in this area. A cleared portion of the land offers territorial and peekaboo lake views, with utilities already on site, making it well-suited for future plans or recreational use. The setting offers privacy and a peaceful atmosphere, just minutes from Mayfield Lake recreation. Enjoy easy access to nearby lakes, with a marina and boat launch just down the hill.

Home Facts

Single Family

3 Baths

3 Bedrooms

Built in 1970

Price Summary

659,000

$268 per Sq. Ft.

MLS #:

512520331

Last Updated:

August 15, 2026, 11:34 AM

Added:

3 month(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Bathrooms

Total Bathrooms:

3

Full Bathrooms:

2

Interior

Living Area:

2,450 Sq. Ft.


Structure

Structure

Architectural Style:

2 Story, Custom Style

Building Area:

2,450 Sq. Ft.

Year Built:

1970


Lot

Lot Size (Sq. Ft):

250,470


Finances & Disclosures

Finances

Price:

$659,000

Price per Sq. Ft:

$268 per Sq. Ft.

MLS Logo
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Coldwell Banker Farley Company are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright 2026 RMLS, Portland, Oregon. Last updated: August 15, 2026

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.