Terrace Lake Park is a quiet, 55+ gated community located in SE Salem, Oregon. It is beautifully landscaped with vibrantly colored foliage, nature lined walkways, and luscious greens. It has a stunning lake, which is surrounded by a natural habitat.Terrace Lake Park has well-maintained, picturesque homes and a beautiful tree-lined skyline. For social activities, this community has a clubhouse with a large recreation room, fully equipped kitchen, pool tables and library. In addition, Terrace Lake Park has a seasonal swimming pool and hot tub. RV storage is available for $25.00 per month.
You may never want to leave the beautiful community, but if you do venture out you will be welcomed with close proximity to I-5, shopping, public transit, as well as Battle and Powell Creek.
“Commonwealth has managed our two communities for nearly two decades. From the well-manicured common area landscaping to the demonstrated pride of ownership of our residents, we have enjoyed the results of high standards promoted by Commonwealth in having our communities stand out as two of the finest managed and most attractive communities in the Portland metropolitan area.”
Mike C. & Jack C. Property Owners
“Commonwealth Real Estate Services has made my life stress free because I’m confident that any problems that may arise will be professionally handled in a timely manner. They are able to achieve a positive result for the most difficult situations. I’m very happy with our 17 year relationship and highly recommend Commonwealth Real Estate Services to any property owner who is in need of management. Keep up the good work Commonwealth.”
Christa S. Property Owner
“I think you do a good job. Thanks for the help, and we plan to stay with you because of the professional and valuable service.”
Mike M. Property Owner
“Commonwealth has been providing us with professional management for over a decade. Previously, we had managed two Oregon parks by ourselves. Their promise was to improve operations and enhance cash flow. Promise has been kept.”