16755 Graef Cir, LakeOswego, OR 97035
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners



Listed by:john nieland
Office:cascade hasson sotheby's international realty
MLS#:580522839
Source:PORTLAND
Price summary
- Price:$3,999,900
- Price per sq. ft.:$876.02
- Monthly HOA dues:$299
About this home
A MUST SEE! Come enjoy this spectacular waterfront property with an estate-like feel on a spacious double lot (2 tax lots). 160 feet of waterfront, and coveted SW exposure for fabulous light and sun year round. This is a tasteful, updated home with stunning waterfront views from nearly every room. Well designed floorplan with excellent separation of space, yet comfortable areas for entertaining and family living. Gorgeous kitchen designed by Rhonda Divers with honed granite counters and stainless appliances, panoramic lake views and adjacent patio for BBQ and outdoor dining. The large primary suite contains vaulted ceilings, an updated bathroom with quartz counters and heated flooring, a double headed walk-in shower and spacious His/Hers closets designed by California Closets. In addition to the three bedrooms upstairs, including the primary, there is a loft area for additional office/study space.The main floor room can be used as a 5th bedroom but is currently being used as formal office. Continue to the lower level with a bedroom, full bath and bonus room leading to expansive decking, hot tub, and steps to the lake. Nothing compares to the breathtaking yard with a large grass area, raised garden beds, and mature foliage. Amazing updated boathouse with lift, spacious covered waterfront entertaining area, board/kayak storage and dock. Garden room, shop and exceptional storage throughout. In addition, for those unexpected winter days, there is whole house Generac generator recently installed. Located on West Bay Lake Oswego, coveted for its close proximity to the main lake, serene no-wake zoning and spacious water area. Very private and quiet street location, with parking for 5 cars. Easy access to commute routes and local amenities. DO NOT MISS THE OPPORTUNITY TO MAKE THIS HOUSE YOURS!
Contact an agent
Home facts
- Year built:1930
- Listing Id #:580522839
- Added:113 day(s) ago
- Updated:August 14, 2025 at 11:18 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Living area:4,566 sq. ft.
Heating and cooling
- Cooling:Central Air, Heat Pump
- Heating:Forced Air
Structure and exterior
- Roof:Composition
- Year built:1930
- Building area:4,566 sq. ft.
- Lot area:0.28 Acres
Schools
- High school:Lakeridge
- Middle school:Lakeridge
- Elementary school:Westridge
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,999,900
- Price per sq. ft.:$876.02
- Tax amount:$26,759 (2024)
New listings near 16755 Graef Cir
- Open Sat, 11am to 1pmNew$2,395,000Active5 beds 4 baths4,100 sq. ft.
4340 Chapman Way, LakeOswego, OR 97035
MLS# 653877120Listed by: EXP REALTY, LLC - Open Sat, 11am to 1pmNew$1,075,000Active5 beds 3 baths3,010 sq. ft.
2 Falstaff St, LakeOswego, OR 97035
MLS# 512819518Listed by: NETWORTH REALTY OF PORTLAND - New$653,000Active3 beds 2 baths1,526 sq. ft.
5093 SW Galen St, LakeOswego, OR 97035
MLS# 130579470Listed by: PREMIERE PROPERTY GROUP, LLC - Open Sun, 11am to 2pmNew$434,000Active3 beds 2 baths1,593 sq. ft.
16250 Pacific Hwy #75, LakeOswego, OR 97034
MLS# 676631937Listed by: LARK AND FIR REALTY LLC - New$1,495,000Active4 beds 4 baths3,403 sq. ft.
14 Juarez St, LakeOswego, OR 97035
MLS# 252614444Listed by: HARCOURTS REAL ESTATE NETWORK GROUP - New$3,550,000Active4 beds 3 baths3,000 sq. ft.
1661 Lake Front Rd, LakeOswego, OR 97034
MLS# 502011559Listed by: HARNISH COMPANY REALTORS - New$2,695,000Active4 beds 4 baths5,158 sq. ft.
18004 Eastridge Ln, LakeOswego, OR 97034
MLS# 393583838Listed by: HARNISH COMPANY REALTORS - New$2,999,000Active4 beds 4 baths3,831 sq. ft.
2110 Summit Dr, LakeOswego, OR 97034
MLS# 578434880Listed by: HARNISH COMPANY REALTORS - New$410,000Active2 beds 2 baths1,100 sq. ft.
5225 Jean Rd #606, LakeOswego, OR 97035
MLS# 692569930Listed by: CASCADE HASSON SOTHEBY'S INTERNATIONAL REALTY - New$625,000Active4 beds 4 baths2,598 sq. ft.
94 Wheatherstone Pl, LakeOswego, OR 97035
MLS# 278517192Listed by: WINDERMERE HERITAGE