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705 TERRACE BOULEVARD

House For Sale
$2,695,000

BTC: 45.52364865

ETH: 1,689.98363318

4 days
Waterfront
5 bds
4 ba
4,960 sqft

Overview

Refined lakefront living awaits in this stunning residence, ideally situated in a peaceful neighborhood on Lake Highland. Thoughtfully designed across multiple levels, this exceptional home blends timeless elegance with inviting living spaces and breathtaking water views throughout. The Main house has 4 bedrooms and 3 1/2 baths. The main level welcomes you with a spacious family room, formal dining room, and a European-style kitchen with an adjoining dinette, all overlooking the lake. Beautiful oak stairs lead to the lower level, where an expansive summer living room, dining area, wet bar, and studio space create the perfect setting for entertaining or relaxed everyday living. The upper levels offer three bedrooms, including a luxurious primary suite featuring a private sitting area and spa-inspired bath with a Clawfoot tub positioned to capture serene lake views. On the fourth floor, a fully finished attic bedroom with a generous closet overlooks the water and offers wonderful flexibility as a guest retreat, home office, or creative studio. French doors open to two covered lanai living spaces designed for seamless indoor-outdoor living. One provides a comfortable sitting area, while the other is ideal for dining and entertaining, complete with a summer kitchen and outdoor fireplace. Spend evenings enjoying spectacular sunsets from the lakefront deck or gathered around the fire pit with a glass of wine in hand. A detached one-bedroom, one-bath guest house offers a private retreat for guests or extended family, complete with its own living room, bedroom, renovated bath, and screened porch tucked among the trees overlooking the lake. The beautifully terraced backyard, accented by bubbling waterfalls, lush landscaping, and a lakefront fire pit, completes the serene setting of this truly one-of-a-kind property.

Location

Details

Type:
Residential
Parking:
Driveway / Electric Vehicle Charging Station(s) / On Street
Year Built:
1927
Lot:
0.28 Acres
Heating:
Central / Electric / Zoned
Price/sqft:
$543
Cooling:
Central Air / Zoned
HOA:
No Data

Highlights

Annual tax
$21,185
2025
View
Water
Waterfront
Lake Front
All facts and features
  • Flooring

    • Concrete

    • Parquet

    • Hardwood

    Heating

    • Central

    • Electric

    • Zoned

    Cooling

    • Central Air

    • Zoned

    Appliances

    • Bar Fridge

    • Built-In Oven

    • Cooktop

    • Dishwasher

    • Disposal

    • Dryer

    • Electric Water Heater

    • Exhaust Fan

    • Freezer

    • Gas Water Heater

    • Microwave

    • Refrigerator

    • Tankless Water Heater

    • Washer

    • Wine Refrigerator

    Other interior features

    • Attic Ventilator

    • Built-in Features

    • Ceiling Fan(s)

    • Crown Molding

    • Kitchen/Family Room Combo

    • PrimaryBedroom Upstairs

    • Skylight(s)

    • Solid Surface Counters

    • Solid Wood Cabinets

    • Split Bedroom

    • Stone Counters

    • Walk-In Closet(s)

    • Window Treatments

    Bedrooms and bathrooms

    • Bedrooms: 5

    • Bathrooms: 1

    • Full bathrooms: 4

  • Parking

    • Driveway

    • Electric Vehicle Charging Station(s)

    • On Street

    Property

    • Levels: Three Or More

    • Exterior Features: Balcony / Fire Pit / Garden / Irrigation System / Lighting / Outdoor Grill / Outdoor Kitchen / Rain Gutters / Sprinkler Metered / Storage

    Lot

    • Lot: 0.28 Acres

    Other Property Information

    • Parcel Number: 242229358001070

    • Zoning: R-1A/T

  • Type and style

    • Property Type: Residential

    • Property Sub Type: Single Family Residence

  • Utility

    • Electricity Connected

    • Natural Gas Connected

    • Public

    • Sewer Connected

    • Sprinkler Recycled

    • Water Connected

  • Other financial information

    • Annual tax amount: $21,185

  • Source details

    • MLS ID: O6419732

    Other facts

    • Construction Materials: Brick / Wood Frame (FSC Certified) / Wood Siding

    • Foundation Details: Basement

    • Fireplace Features: Other Room / Outside

    • Laundry Features: Inside / Laundry Chute / Laundry Room

    • Lot Features: City Lot / Landscaped / Sloped

    • Patio And Porch Features: Covered / Deck / Front Porch / Patio / Rear Porch / Screened

    • Window Features: Double Pane Windows

    • Direction Faces: Southeast

    • Other Structures: Guest House

    • Architectural Style: Craftsman

    • Waterfront: Yes

    • Fireplace: Yes

    • Water Body Name: LAKE HIGHLAND

    • Living Area: 4960

    • Water Source: Public

    • Lot Size Dimensions: 50 x 176 x 57 x 148

    • Subdivision Name: HIGHLAND TERRACE SUB

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The multiple listing information is provided by the Stellar MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Stellar MLS. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: FANNIE HILLMAN & ASSOCIATES