Listing provided courtesy of Cascade Hasson Sotheby's International Realty- MLS# 799857840MLS Provider

16755 GRAEF CIRLake Oswego, OR 97035

Single Family · 5 Beds · 4 Full Baths · 4,566 Sq. ft.
$3,500,000 Active

16755 GRAEF CIR Overview

Time on Site:
87 days
Visits:
24

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.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

16755 GRAEF CIR Facts & Features

  • Type Single Family
  • Sq. ft. 4,566
  • Price/Sq.ft. $767

Details

General

Association/HOA

  • Association Fee: 3750.0
  • Association Fee 2: 7500.0
  • Association Fee 2 Frequency: OneTime
  • Association Fee Frequency: Annually

School Information

  • Elementary School: Westridge
  • Middle Or Junior School: Lakeridge
  • High School: Lakeridge

Building Information

  • Year Built: 1930

Location/Region

  • Country: US
  • County Or Parish: Clackamas
  • MLS Area Major: 147 - Lake Oswego, West Linn
  • Subdivision Name: West Bay/Lake Oswego

Tax Information

  • Tax Annual Amount: 27491.92
  • Tax Year: 2025

General Information

  • Disclosures: Disclosure
  • Listing Terms: Cash,Conventional
  • Parcel Number: 00244042
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential

Interior

Parking Information

  • Garage Spaces: 2.0

Beds/Baths

  • Bathrooms Full: 4
  • Bathrooms Partial: 0
  • Bathrooms Total: 4
  • Bedrooms Total: 5

Building Interior

  • Building Area Total: 4566.0

General Information

  • Appliances: Built-in Oven,Cooktop,Dishwasher,Disposal,Free-Standing Refrigerator,Gas Appliances,Granite,Instant Hot Water,Microwave,Pantry,Plumbed For Ice Maker,Range Hood,Solid Surface Countertop,Stainless Steel Appliance(s)
  • Basement: None
  • Cooling: Central Air,Heat Pump
  • Fireplace Features: Gas,Wood Burning
  • Fireplaces Total: 2
  • Heating: Forced Air
  • Interior Features: Garage Door Opener,Granite,Hardwood Floors,Heated Tile Floor,Laundry,Tile Floor,Vaulted Ceiling(s),Wall to Wall Carpet
  • Stories: 3

Exterior

Parking Information

  • Parking Features: Driveway
  • Parking Total: 2.0

Lot Information

  • Lot Features: Gentle Sloping,Level
  • Road Surface Type: Paved
  • Water Source: Public Water

Waterfront/View

  • Water Body Name: Lake Oswego
  • Waterfront Features: Lake

Building Exterior/Construction

  • Architectural Style: Traditional
  • Roof: Composition

General Information

  • Exterior Features: Boat House,Deck,Dock,Outbuilding,Raised Beds,Sprinkler,Yard
  • Sewer: Public Sewer

16755 GRAEF CIR Neighborhood

Community

97035 (Portland) Demographics

43
Median Age
4,360
Population Density (per sq. mile)
74%
College Educated
$103,299
Estimated Median Income
7,335
Estimated Total Home Owners
3,627
Estimated Total Renters
67% / 33%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

16755 GRAEF CIR Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

16755 GRAEF CIR Market Data

Based on the last 30 days in this zip code

$1,061,204
Average List Price
$443
Average Price per Square Foot
36
Properties Sold
82
Average Days on Market
218
Properties for Sale
Calculations provided by Reliance Network

16755 GRAEF CIR History

Date Event Value Agent
6/19/2026Source: Regional MLS Price Reduction
$3,500,000 -4.1%
6/2/2026Source: Regional MLS Price Reduction
$3,650,000 -5.8%
5/8/2026Source: Regional MLS Price Reduction
$3,875,000 -1.3%
4/27/2026Source: Regional MLS Price Reduction
$3,925,000 -1.9%
4/3/2026Source: Regional MLS Added to Database
April 03, 2026