16755 GRAEF CIR Lake Oswego, OR $ 4,450,000
16755 GRAEF CIR
$ 4,450,000
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16755 GRAEF CIR

Lake Oswego, OR, 97035
$ 4,450,000
Bedrooms5 Baths4.0 Sq 4,566

Monthly Estimate*

$ 29,576

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Single Family Home for sale in Lake Oswego, OR

for $4,450,000 with 5 bedrooms and 4 full baths. This 4,566 square foot home was built in 1930 on a lot size of 0.28.

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. 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 with honed granite counters and stainless appliances, panoramic lake views and adjacent patio for BBQ and outdoor dining. Large primary suite with vaulted ceilings, updated bathroom with quartz counters and heated flooring, spacious walk-in His/Hers closets designed by California Closets. Main floor room is 5th bedroom, currently being used as formal office. Loft area for additional office/study space, Lower level bedroom, full bath and bonus room leading to expansive decking, hot tub, and steps to the lake. Breathtaking yard with 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. 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.

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Single Family Active

Price

$ 4,450,000

Bedrooms

5

Full Bath

4

Property Type

Single Family

Taxes

$ 26,758

Style

Traditional

Lot Size

0.28

Year Built

1930

Town/City

Lake Oswego

County/Region

Clackamas

MLS | Web ID

580522839

Features
Interior
Interior Amenities GarageDoorOpener Granite HardwoodFloors HeatedTileFloor Laundry TileFloor VaultedCeiling WalltoWallCarpet
Basement None
Total Fireplaces 2
Fireplace Features Gas WoodBurning
Hot Water Gas
Total Bathrooms 4.0
Total Bedrooms 5
Total Baths 4
1/2 Baths 0
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General
Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir HeatPump
Roof Composition
Appliances BuiltinOven Cooktop Dishwasher Disposal FreeStandingRefrigerator GasAppliances Granite InstantHotWater Microwave Pantry PlumbedForIceMaker RangeHood SolidSurfaceCountertop StainlessSteelAppliance
HOA Fee 1
Garage Spaces 2.0
Architectural Style Traditional
Year Built 1930
Stories 3
Property Subtype SingleFamilyResidence
Tax Year 2024
Waterfront Features Lake
HOA Fee 2 7500.0
Assoc Fee Paid Per Annually
County Clackamas
Property Type Residential
HOA 1
Full Baths 4
Status Active
Directions Southshore to Graef Circle
High School Lakeridge
City LakeOswego
Body of Water Lake Oswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 12196.0
Listing Terms Cash Conventional
HOA Fee 2 Frequency OneTime
Elementary School Westridge
Tax Annual Amount 26758.87
Middle/Junior High School Lakeridge
Property Condition UpdatedRemodeled
Virtual Tour https://www.zillow.com/view-imx/035c9069-f313-461e-8045-b66c3f2106e9?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard
Standard Status Active
Legal Description 447 LAKE VIEW VILLAS #5 LTS 517&518
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Exterior
Exterior Amenities BoatHouse Deck Dock Outbuilding RaisedBeds Sprinkler Yard
Parking Features Driveway
Lot Features GentleSloping Level
Water Source PublicWater
Total Parking 2.0
Garage Type Attached Oversized
Exterior Description ShakeSiding
Building Area Total 4566.0
Lot Size Acres 0.28
Road Surface Type Paved
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Internal Only
Street Number 1 16755
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* Excluded Features
List By
Cascade Hasson Sotheby's International Realty

Broker

john@nielandhomes.com

Email

Affordability Calculator

$31,806
Per Month
93%
7%
0%
Monthly Principal & Interest
$29,576
Monthly Property Taxes
$2,230
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
1950193 Elementary School
1950162 Middle School
Lakeridge High School High School
Pricing History
DatePricePrice ChangeDescription
4/23/2025$4,450,000 Listed Price

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16755 GRAEF CIR, Lake Oswego, OR, 97035 is a Single Family Home for sale at $4,450,000 with 4,566 sqft and a lot size of 0.28. 16755 GRAEF CIR has 5 bedrooms, 4.0 baths, and was built in 1930. The property's zip code is 97035 which is in Lake Oswego, OR