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$3,495,000

5 Beds 4 Baths 4,781 SQFT 0.28 Acres
Type: Single Family

16755 GRAEF CIR
Lake Oswego, OR 97035

MLS#: 657433777
Monica IIzuka
Monica IIzuka
Premiere Property Group
Broker
Phone: 503.577.7919
Office: 503.670.9000
Presented by: Spears Property Group -

Property Description

 

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.


 

Interior Features

Bedrooms

Total Bedrooms5

Bathrooms

1/2 Baths0
Total Bathrooms4.0
Total Baths4

Other Interior Features

FuelDescriptionElectricity, Gas
BasementDaylight, ExteriorEntry, Finished
Fireplace FeaturesGas, WoodBurning
Hot WaterGas
Interior AmenitiesGranite, HardwoodFloors, HeatedTileFloor, Skylight, TileFloor, VaultedCeiling, WalltoWallCarpet, WasherDryer
Total Fireplaces2
Window FeaturesDoublePaneWindows

General

ADUNo
AccessibilityAccessibleEntrance, GarageonMain, Parking
Accessory Dwelling Unit Y/NN
AppliancesBuiltinRange, ButlersPantry, Cooktop, Disposal, FreeStandingRefrigerator, GasAppliances, Granite, InstantHotWater, Microwave, Pantry, RangeHood, StainlessSteelAppliance
Architectural StyleTraditional
Assoc Fee Paid PerAnnually
Body of WaterLake Oswego
CityLakeOswego
CoolingCentralAir, HeatPump
CountyClackamas
DirectionsSouthshore Blvd & Graef Circle.
DisclosuresDisclosure
Elementary SchoolWestridge
Full Baths4
Garage Spaces2.0
HOAYes
HOA Fee$3750.0
HeatingForcedAir
High SchoolLakeridge
Legal Description447 LAKE VIEW VILLAS #5 LTS 517&518
Listing TermsCash, Conventional
Lot Size Square Feet12196.0
MLS Area_147
Middle/Junior High SchoolLakeridge
Parcel Number244,042
Property ConditionUpdatedRemodeled
Property SubtypeSingleFamilyResidence
Property TypeResidential
RoofShake
SeniorCommunityYnNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories Count3
Subdivision NameWest Bay
Tax Annual Amount$27,492
Tax Year2025
TaxOtherAnnualAssessmentAmount$7,500
ViewDescriptionLake
Virtual TourClick here
Waterfront FeaturesLake
Year Built1930

Exterior

Building Area Total4,781 sqft
Exterior AmenitiesBoatHouse, Deck, Dock, Outbuilding, RaisedBeds, RVBoatStorage, Sprinkler, Yard
Exterior DescriptionShakeSiding
Foundation DetailsConcretePerimeter
Garage TypeAttached
Lot Dimensions12280
Lot FeaturesGentleSloping
Lot Size Acres0.28
Parking FeaturesDriveway, OnStreet
Road Surface TypePaved
Total Parking2.0
Water SourcePublicWater

Additional Details

Price History

Schools 

High School Lakeridge High School
Middle School Lakeridge Middle School
Elementary School Westridge Elementary School

  

Similar Properties

$3,495,000

5 Beds 4 Baths 4,781 SQFT 0.28 Acres
Type: Single Family

16755 GRAEF CIR
Lake Oswego, OR 97035

MLS#: 657433777
Monica IIzuka
Monica IIzuka
Premiere Property Group
Broker
Phone: 503.577.7919
Office: 503.670.9000