16755 Graef Cir, Lake Oswego, OR 97035

$3,600,000

5

Beds

4

Baths

Property Size

1930

Year Built

About The Property

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.

ARCHITECTURE

Architecture Style: Traditional
Stories: 3
Condition: Updated/Remodeled
Year Built: 1930
Roof Type: Shake
Foundation Details: Concrete Perimeter
Basement Details: Daylight, Exterior Entry, Finished

INTERIOR FEATURES

Heating Type: Forced Air
Fuel Type: Electricity, Gas
Interior SqFt: 4781
Number of Fireplaces: 2
Fireplace Fuel: Gas, Wood Burning

EXTERIOR FEATURES

Lot Features: Gentle Sloping
Garage Spaces: 2
Water Source: Public Water
Waterfront Features: Lake
Sewer: Public Sewer
Garage Type: Attached

SCHOOLS

Elementary: Westridge
High School: Lakeridge
Middle: Lakeridge

TAX & FINANCIAL

Annual Tax: $27491.92
Terms Considered: Cash, Conventional
Tax Year: 2025

LISTING INFO

Listing courtesy of Spears Property Group
Days On Market: 10

Map Location

Property Map

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Erik Leland

Luxury Property Advisor | OR License 201225800
Member of: National Association of REALTORS® (NAR)

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Property ID - | 879383

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