Terravessa Neighborhood Guide

Terravessa is a new neighborhood in Fitchburg with new-construction homes and buildable lots for sale. The neighborhood is located off of Highway MM and Lacy Road and is just a short distance to the Capital City Bike Trail, making it a convenient location for commuters. The community is focused on sustainability, plenty of green space and energy-efficiency, which results in lower maintenance costs and plenty of natural beauty all around the neighborhood. Buyers can bring their own builder or work with one of the builders who have lots in the neighborhood. Single family homes in this neighborhood range from 1,700 to 2,300 square feet of living space with three or four bedrooms. The community plans to have homes at a variety of price points. Find out more about Terravessa and everything this new neighborhood has to offer by reading our neighborhood profile below.

See below for the homes currently for sale in Terravessa. Are you looking for a new home in Fitchburg? Sign up with our website, and we'll send you new listings when they hit the market.

All Terravessa Homes for Sale, Fitchburg

All Terravessa Homes for Sale, Fitchburg

27 Properties Found. Page 1 of 3.
Photo of Listing #1975245
Open house

Scheduled Open House Open House Date: 2024-04-28 Open House Time: 12:00-2:00

4890 Romaine Road, Fitchburg

$449,900 - 3 Beds, 3 Baths, 1,849 Sf

MLS® # 1975245, 12 days, Active

Photo of Listing #1974279

4832 Lacy Road, Fitchburg

$627,900 - 4 Beds, 3 Baths, 2,341 Sf

MLS® # 1974279, 22 days, Active

Photo of Listing #1974047

4825 Suelo Road, Fitchburg

$552,000 - 4 Beds, 3 Baths, 2,265 Sf

MLS® # 1974047, 25 days, Active

Photo of Listing #1974048

4827 Lacy Road, Fitchburg

$531,000 - 3 Beds, 3 Baths, 2,000 Sf

MLS® # 1974048, 25 days, Active

Photo of Listing #1974049

4821 Lacy Road, Fitchburg

$525,000 - 3 Beds, 3 Baths, 1,995 Sf

MLS® # 1974049, 25 days, Active

Photo of Listing #1973922

4811 Lacy Road, Fitchburg

$638,900 - 3 Beds, 3 Baths, 2,370 Sf

MLS® # 1973922, 28 days, Active

Photo of Listing #1973660

2926 Turnip Way, Fitchburg

$479,900 - 3 Beds, 3 Baths, 1,632 Sf

MLS® # 1973660, 32 days, Active

Photo of Listing #1973593

2930 Turnip Way, Fitchburg

$476,900 - 3 Beds, 3 Baths, 1,632 Sf

MLS® # 1973593, 37 days, Offer-Show

Photo of Listing #1972778

4870 Tat Soi Road, Fitchburg

$650,000 - 4 Beds, 4 Baths, 2,405 Sf

MLS® # 1972778, 44 days, Offer-Show

Recently Sold Terravessa Listings

Address Sold Price Sold Date Bed Bath Sqft. Price Per Sqft
4854 Lacy Road $392,000 2024-04-19 3 2.50 1724 $227
2938 Mizuna Drive $552,900 2024-04-19 3 2.50 2006 $276
2882 Mizuna Drive $562,272 2024-04-15 3 3.00 2503 $225
2776 Frisee Drive $675,000 2024-04-12 4 3.50 2939 $230
2911 Mizuna Drive $501,967 2024-04-05 3 3.00 2179 $230
4864 Lacy Road $392,900 2024-04-05 3 2.50 1724 $228
4840 Romaine Road $414,900 2024-03-28 3 2.50 1714 $242
4844 Romaine Road $414,900 2024-03-27 3 2.50 1714 $242
2878 Mizuna Drive $478,800 2024-03-26 3 3.00 2212 $216
2931 Mizuna Drive $556,500 2024-03-21 4 3.50 2694 $207
2874 Mizuna Drive $545,840 2024-03-15 3 2.50 2006 $272
4842 Romaine Road $414,900 2024-03-11 3 2.50 1714 $242
4846 Romaine Road $414,900 2024-03-11 3 2.50 1714 $242
4888 Spinach Drive $520,000 2024-03-08 3 2.50 1811 $287
2862 Radicchio Drive $559,000 2024-03-08 3 2.50 2085 $268
2875 Mizuna Drive $424,900 2024-03-01 2 2.00 1355 $314
4852 Lacy Road $405,000 2024-02-29 3 2.50 1783 $227
2930 Mizuna Drive $493,900 2024-02-28 3 2.50 1767 $280
2883 Mizuna Drive $472,275 2024-02-23 3 2.50 1695 $279
2914 Mizuna Drive $474,900 2024-02-22 3 2.50 1995 $238

Terravessa MLS Trends

Current Listings

  • With Accepted Offers: 7
  • Without Accepted Offers: 20
  • Total Active Listings: 27
  • % with Accepted Offers: 26%
  • Months of Inventory: 3.9

Sold 04/28/2023 - 04/28/2024

  • Total Sold Listings: 61
  • Highest Sold Price: $675,000
  • Lowest Sold Price: $82,000
  • Average Sold Price: $407,634
  • Median Sold Price: $414,900

* Source: IDX Active & Sold Listings

* Property Types: Lots & Acreage, Single Family

More About Terravessa

Terravessa is an emerging neighborhood in Fitchburg with new construction homes and buildable lots available. A variety of home prices are expected to be available in this community, with a goal of providing affordable options along with several community amenities. Most homesites in this community are a maximum of 50 feet wide, with two-car garages off the back of the home. Houses feature welcoming front porches and nice decks that allow for entertaining or relaxing outdoors. Homes have two-car garages and basements that can be finished at the time of construction or at later date. The community is focused on energy efficiency, and will encourage builders to use energy efficient materials and features resulting in lower maintenance costs for homeowners. Homes in this neighborhood range between 1,700 and 2,300 square feet of living space with three to four bedrooms. Living spaces have nice finishes, like wood floors, fireplaces, and tall ceilings. Open floor plans connect the living room to the kitchen and are great for entertaining. Kitchens have modern features like islands, stainless appliances, a pantry, and plenty of prep space for meals. Master suites feature custom showers in the bathrooms and large walk-in closets.

Terravessa Local Perks

The community is conveniently located for commuters, with the beltline and Highway 14 just a short distance away. Terravessa is also ideal for cyclists because of the nearby Capital City Bike Trail and an impressive network of bike trails within close proximity. The neighborhood is focused on limiting environmental impact and has committed to preserving green spaces within the community - including a 20 acre organic urban farm. Nearly half of the neighborhood’s 248 acres are designed to remain as open green space. Terravessa will also be home to the new Forest Ridge Elementary School, opening in the fall of 2020. The developers are planning a unique park and retail development within the neighborhood so that residents will have plenty to do within walking distance.

Terravessa Schools

Homes in Terravessa neighborhood are zoned to the Oregon School District. Elementary school aged students attend Stoner Prairie Elementary until fall of 2020, when the new Forest Edge Elementary School opens right within the neighborhood. Older students attend Oregon Middle School and Oregon High School.

Do you have questions about the homes and lots available in the Terravessa neighborhood? Our team can help you navigate all of the options in this community and elsewhere in Fitchburg. Contact us with your questions!

Sign up for email updates