16755 Graef Cir Lake Oswego, OR 97035
Listing Courtesy of: MLS LogoRMLS / Cascade Hasson Sotheby's International Realty

  16755 Graef Cir Lake Oswego, OR 97035

Active (2 Days)
$4,000,000 (USD)
5
BED
4
BATH
4,566
SQFT

Description

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.

MLS #:
799857840
Taxes
$27,492(2025)
Type
Single-Family Home
Year Built
1930
Style
Traditional
Views
Lake, Territorial
County
Clackamas County
Community
West Bay-Lake Oswego

Listed By

John Nieland, Cascade Hasson Sotheby's International Realty
Source
RMLS
Last checked Apr 6 2026 at 3:30 AM PDT
Bathroom Details
  • Full Bathrooms: 4
Interior Features
  • Granite
  • Hardwood Floors
  • Laundry
  • Garage Door Opener
  • Wall to Wall Carpet
  • Tile Floor
  • Vaulted Ceiling(s)
  • Heated Tile Floor
  • Appliance: Dishwasher
  • Appliance: Pantry
  • Appliance: Microwave
  • Appliance: Disposal
  • Appliance: Stainless Steel Appliance(s)
  • Appliance: Gas Appliances
  • Appliance: Range Hood
  • Appliance: Plumbed for Ice Maker
  • Appliance: Instant Hot Water
  • Appliance: Granite
  • Appliance: Free-Standing Refrigerator
  • Appliance: Cooktop
  • Appliance: Built-In Oven
Kitchen
  • Granite
  • Gas Appliances
  • Gourmet Kitchen
  • Hardwood Floors
Subdivision
  • West Bay/Lake Oswego
Lot Information
  • Level
  • Gentle Sloping
Property Features
  • Fireplace: Gas
  • Fireplace: Wood Burning
Heating and Cooling
  • Forced Air
  • Central Air
  • Heat Pump
Homeowners Association Information
  • Dues: $3750/Annually
Exterior Features
  • Shake Siding
  • Roof: Composition
Utility Information
  • Sewer: Public Sewer
  • Fuel: Gas, Electricity
School Information
  • Elementary School: Westridge
  • Middle School: Lakeridge
  • High School: Lakeridge
Garage
  • Attached
  • Oversized
Parking
  • Driveway
Stories
  • 3
Living Area
  • 4,566 sqft
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Disclaimer: The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland, Oregon. Real estate listings held by brokerage firms other than Windermere Real Estate Services Company, Inc. are marked with the RMLS logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS, Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Last updated on (4/5/26 20:30). Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.