16755 Graef Cir, Lake Oswego, OR 97035

$3,500,000

5

Beds

4

Baths

Property Size

1930

Year Built

About The Property

Come enjoy one of the top 10 waterfronts on Lake Oswego! 3 owners in the past 96 years tells the story of this tasteful, updated home with stunning waterfront views from nearly every room. Spectacular estate-like feel on a spacious double lot (2 tax lots), with 160 feet of waterfront and coveted SW exposure for fabulous light and sun year round. Well designed floorplan with excellent separation of space, yet comfortable areas for entertaining and family living. Oak Hardwood flooring throughout the main level. Gorgeous kitchen designed by Rhonda Divers with honed granite counters and stainless Dacor appliances, panoramic lake views and adjacent patio for BBQ and outdoor dining. Comfortable family room is also on the main level with the kitchen. The large primary suite contains vaulted ceilings, an updated bathroom with quartz counters and heated flooring, a double headed walk-in shower and Victoria and Albert soaking tub. Spacious Primary closet has His/Hers sides, custom 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 with Entertainment center, fireplace and built-ins all 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.

ARCHITECTURE

Architecture Style: Traditional
Stories: 3
Condition: Updated/Remodeled
Year Built: 1930
Roof Type: Composition

INTERIOR FEATURES

Heating Type: Forced Air
Fuel Type: Electricity, Gas
Interior SqFt: 4566
Number of Fireplaces: 2
Fireplace Fuel: Gas, Wood Burning

EXTERIOR FEATURES

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

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 Cascade Hasson Sotheby’s International Realty
Days On Market: 94

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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 - | 683338

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