16755 Graef Cir, Lake Oswego, OR 97035
Local realty services provided by:Better Homes and Gardens Real Estate Realty Partners
16755 Graef Cir,Lakeoswego, OR 97035
$3,495,000
- 5 Beds
- 4 Baths
- 4,781 sq. ft.
- Single family
- Active
Listed by: ward spears, jeni white
Office: spears property group503-522-8269
MLS#:657433777
Source:PORTLAND
Price summary
- Price:$3,495,000
- Price per sq. ft.:$731.02
- Monthly HOA dues:$312.5
About this home
A rare opportunity to own one of Lake Oswego's most coveted waterfront properties. Set on a double lot with approximately 160 feet of West Bay shoreline, this estate blends classic architecture with thoughtful modern updates, offering indoor-outdoor living, panoramic sunset views over the lake, and a peaceful waterfront lifestyle.Features include hardwood floors throughout the main level. The designer kitchen with SW facing windows has honed granite counters & Dacor appliances, adjacent covered patio for tranquil outdoordining. Next to the kitchen is the family room also with sweeping views. Upstairs, the large primary suite contains vaulted ceilings, a gorgeous bathroom has quartz countertops and heated floors, a two head walk-in shower and Victoria and Albert soakingtub. Two roomy primary closets are outfitted with California closets organizers. Between the primary and the two additional upstairs bedrooms is a multi-person study loft. The main floor office could be a 5th bedroom. The lower level includes a bedroom, full bath and bonus room with abundant built-ins, fireplace and access to the large deck across the entire back of the house. There is also a hot tub, and easy access to the lake. Taken together the house, deck, garden, yard and boathouse are incredible for events of all sizes. Property is irrigated with lake water. Don't miss the photos of the garden and sunset. Don't miss the updated boat house with lift, kayak storage, dock, and covered relaxation area. Abundant storage throughout. Ideally located on the "no wake" West Bay of Lake Oswego with easy access to the main lake. Parking for 5 cars. Whole house Generac generator installed in 2024....
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Home facts
- Year built:1930
- Subdivision & Development:West Bay
- Listing ID #:657433777
- Added:82 day(s) ago
- Updated:November 06, 2026 at 01:17 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Kitchen Description:Built In Range, Butlers Pantry, Cooktop, Disposal, Free Standing Refrigerator, Gas Appliances, Granite, Instant Hot Water, Microwave, Pantry, Range Hood, Stainless Steel Appliance
- Basement Description:Daylight, Exterior Entry, Finished
- Living area:4,781 sq. ft.
Heating and cooling
- Cooling:Central Air, Heat Pump
- Heating:Forced Air
Structure and exterior
- Roof:Shake
- Year built:1930
- Building area:4,781 sq. ft.
- Lot area:0.28 Acres
- Lot Features:Gentle Sloping
- Architectural Style:Traditional
- Exterior Features:Boat House, Deck, Dock, Outbuilding, RV Boat Storage, Raised Beds, Sprinkler, Yard
- Foundation Description:Concrete Perimeter
- Levels:3 Stories
Schools
- High school:Lakeridge
- Middle school:Lakeridge
- Elementary school:Westridge
Utilities
- Water:Public Water
- Sewer:Public Sewer
Finances and disclosures
- Price:$3,495,000
- Price per sq. ft.:$731.02
- Tax amount:$27,492 (2025)
Features and amenities
- Laundry features:Washer/Dryer
- Amenities:Double Pane Window(s), Hardwood Floors, Tile Floor, Vaulted Ceiling, Wall To Wall Carpet
Parking
- Total parking spaces:2
- Parking description:Driveway, On street
- Garage spaces:2
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