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. 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.
Active
$4,450,000
16755 Graef Cir, Lake Oswego, OR 97035
4beds
4,566sqft
Est.:
Residential, Single Family Residence
Built in 1930
0.28 Acres Lot
$-- Zestimate®
$975/sqft
$299/mo HOA
What's special
Waterfront propertyHot tubLoft areaUpdated boathouseUpdated homeUpdated bathroomExpansive decking
- 3 days
- on Zillow |
- 733 |
- 27 |
Zillow last checked: 7 hours ago
Listing updated: April 23, 2025 at 04:00am
Listed by:
John Nieland 503-636-7770,
Cascade Hasson Sotheby's International Realty,
Nicole Nieland 503-730-6665,
Cascade Hasson Sotheby's International Realty
Source: RMLS (OR),MLS#: 580522839

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Open house
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Office, Atrium, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Suite, Vaulted Ceiling, Wallto Wall Carpet
- Level: Upper
- Area: 440
- Dimensions: 20 x 22
Bedroom 2
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 273
- Dimensions: 13 x 21
Bedroom 3
- Features: Wallto Wall Carpet
- Level: Upper
- Area: 364
- Dimensions: 13 x 28
Bedroom 4
- Features: Wallto Wall Carpet
- Level: Lower
- Area: 99
- Dimensions: 9 x 11
Dining room
- Features: Hardwood Floors
- Level: Main
- Area: 276
- Dimensions: 12 x 23
Family room
- Features: Builtin Features, Fireplace
- Level: Lower
- Area: 425
- Dimensions: 25 x 17
Kitchen
- Features: Gas Appliances, Gourmet Kitchen, Hardwood Floors, Granite, Solid Surface Countertop
- Level: Main
- Area: 154
- Width: 14
Living room
- Features: Fireplace, Hardwood Floors
- Level: Main
- Area: 300
- Dimensions: 12 x 25
Office
- Features: Builtin Features, Hardwood Floors
- Level: Main
- Area: 135
- Dimensions: 15 x 9
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air, Heat Pump
Appliances
- Included: Built In Oven, Cooktop, Dishwasher, Disposal, Free-Standing Refrigerator, Gas Appliances, Instant Hot Water, Microwave, Plumbed For Ice Maker, Range Hood, Stainless Steel Appliance(s), Gas Water Heater
- Laundry: Laundry Room
Features
- Granite, Vaulted Ceiling(s), Built-in Features, Gourmet Kitchen, Suite, Pantry
- Flooring: Hardwood, Heated Tile, Tile, Wall to Wall Carpet
- Windows: Skylight(s)
- Basement: None
- Number of fireplaces: 2
- Fireplace features: Gas, Wood Burning
Interior area
- Total structure area: 4,566
- Total interior livable area: 4,566 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, Garage Door Opener, Attached, Oversized
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Features
- Stories: 3
- Patio & porch: Deck
- Exterior features: Dock, Raised Beds, Yard
- Has view: Yes
- View description: Lake, Territorial
- Has water view: Yes
- Water view: Lake
- Waterfront features: Lake
- Body of water: Lake Oswego
Lot
- Size: 0.28 Acres
- Features: Gentle Sloping, Level, Sprinkler, SqFt 10000 to 14999
Details
- Additional structures: BoatHouse, Dock
- Parcel number: 00244042
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Residential, Single Family Residence
Materials
- Shake Siding
- Roof: Composition
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1930
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: Yes
- HOA fee: $3,588 annually
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $975/sqft
- Tax assessed value: $3,756,670
- Annual tax amount: $26,758
- Date on market: 4/23/2025
- Listing terms: Cash,Conventional
- Road surface type: Paved
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