16755 GRAEF CIR

LakeOswego, 97035

  • 5 Bed

  • 4 Bath

  • 4566 SqFt

  • 178 DOM

  • Built: 1930

  • Status: Active

$3,875,000

Price cut: $124.9K (09-28-2025)

X

16755 GRAEF CIR

LakeOswego 97035

$3875000

Price cut: $124.9K (09-28-2025)

  • 5 Bed

  • 4 Bath

  • 4566 SqFt

  • 178 DOM

  • Built: 1930

  • Status: Active

Love this home?

Request Tour, Ask a Question or Start an Offer

Mohanraj Rajendran

Real Estate Agent

(503) 336-1515

A MUST SEE! Come enjoy this 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. This is a 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 designed by Rhonda Divers with honed granite counters and stainless appliances, panoramic lake views and adjacent patio for BBQ and outdoor dining. The large primary suite contains vaulted ceilings, an updated bathroom with quartz counters and heated flooring, a double headed walk-in shower and spacious His/Hers closets 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 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. Easy access to commute routes and local amenities. DO NOT MISS THE OPPORTUNITY TO MAKE THIS HOUSE YOURS!

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Residence Information

  • 1764

  • 1762

  • 1040

  • 4566

  • Plans

  • 3526

  • 2/Gas

  • 5

  • 4

  • 0

  • 4

  • Composition

  • 2, Attached, Oversized

  • Traditional

  • Driveway

  • 3

  • 1930

  • No

  • ShakeSiding

  • None

  • None

Features and Utilities

  • Fireplace, HardwoodFloors

  • BuiltinOven, Cooktop, Dishwasher, Disposal, FreeStandingRefrigerator, GasAppliances, Granite, InstantHotWat

  • GarageDoorOpener, Granite, HardwoodFloors, HeatedTileFloor, Laundry, TileFloor, VaultedCeiling, WalltoWallC

  • BoatHouse, Deck, Dock, Outbuilding, RaisedBeds, Sprinkler, Yard

  • CentralAir, HeatPump

  • Gas

  • ForcedAir

  • PublicSewer

  • Gas

  • Electricity, Gas

Financial

  • 26758.87

  • 1

  • 3588 / Annually

  • 7500 / OneTime

  • Cash,Conventional

  • 04-23-2025

  • No

  • No

Comparable Information

  • 178

  • 178

  • Cash,Conventional

  • $4,450,000

  • $3,875,000

  • Oct 18, 2025 11:15

Schools

Elementary : Westridge N/A Ratings
Middle : Lakeridge N/A Ratings
High : Lakeridge N/A Ratings

Map

Listing courtesy of Cascade Hasson Sotheby's International Realty.

The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2019 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. Mohan Realty Group data last checked: Oct 18, 2025 21:14 | Listing last modified Oct 18, 2025 11:15. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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