UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

16755 GRAEF CIR Lake Oswego, OR 97035
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Price:
$4,000,000
Beds:
5
Baths:
4.0
Ft²:
4566
MLS#:
799857840
Lot Size:
10,000 to 14,999 SqFt
Type:
Detachd
County:
Clackamas
Style:
3 Stories
Yr Built:
1930
Status:
Active
Levels:
3
Garage:
Attached, Oversized
Nhood/Bldg:
West Bay/Lake Oswego
Heat:
Forced Air
Fireplace:
Gas, Wood Burning
Roof:
Composition
View:
Lake, Territorial
Elem:
Westridge
Middle:
Lakeridge
High:
Lakeridge
Lot Desc:
Gentle Sloping, Level
Area:
Lake Oswego, West Linn
Exterior:
Boat House, Deck, Dock, Outbuilding, Raised Beds, Sprinkler, Yard
Courtesy of:
Cascade Hasson Sotheby's International Realty
Remarks:
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.
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