16755 Graef Cir, Lake Oswego, OR

$3,495,000

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5

Beds

4

Baths

4,781

Square feet

0.28

Acres

About 16755 Graef Cir

A rare opportunity to own one of Lake Oswego's most coveted waterfront properties. Set on a double lot with approximately 160 feet of West Bay shoreline, this estate blends classic architecture with thoughtful modern updates, offering indoor-outdoor living, panoramic sunset views over the lake, and a peaceful waterfront lifestyle.Features include hardwood floors throughout the main level. The designer kitchen with SW facing windows has honed granite counters & Dacor appliances, adjacent covered patio for tranquil outdoordining. Next to the kitchen is the family room also with sweeping views. Upstairs, the large primary suite contains vaulted ceilings, a gorgeous bathroom has quartz countertops and heated floors, a two head walk-in shower and Victoria and Albert soakingtub. Two roomy primary closets are outfitted with California closets organizers. Between the primary and the two additional upstairs bedrooms is a multi-person study loft. The main floor office could be a 5th bedroom. The lower level includes a bedroom, full bath and bonus room with abundant built-ins, fireplace and access to the large deck across the entire back of the house. There is also a hot tub, and easy access to the lake. Taken together the house, deck, garden, yard and boathouse are incredible for events of all sizes. Property is irrigated with lake water. Don't miss the photos of the garden and sunset. Don't miss the updated boat house with lift, kayak storage, dock, and covered relaxation area. Abundant storage throughout. Ideally located on the "no wake" West Bay of Lake Oswego with easy access to the main lake. Parking for 5 cars. Whole house Generac generator installed in 2024.

Features of 16755 Graef Cir

MLS® # 657433777
Price $3,495,000
Bedrooms 5
Bathrooms 4.00
Full Baths 4
Square Footage 4,781
Acres 0.28
Year Built 1930
Type Residential
Sub-Type Single Family Residence
Style Traditional
Status Active

Community Information

Address 16755 Graef Cir
Area 147 - Lake Oswego, West Linn
Subdivision West Bay
City Lake Oswego
County Clackamas
State OR
Zip Code 97035

Amenities

Parking Spaces 2
Parking Driveway, On Street
# of Garages 2
Garages Attached
View Lake
Is Waterfront No
Waterfront Lake
Has Pool No

Interior

Interior Features Granite, Hardwood Floors, Skylight(s), Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer, Heated Tile Floor
Appliances Built-in Range, Butler's Pantry, Cooktop, Disposal, Free-Standing Refrigerator, Gas Appliances, Granite, Instant Hot Water, Microwave, Pantry, Range Hood, Stainless Steel Appliance(s)
Heating Forced Air
Cooling Central Air, Heat Pump
Fireplace Yes
# of Fireplaces 2
Fireplaces Gas, Wood Burning
# of Stories 3
Has Basement Yes
Basement Daylight, Exterior Entry, Finished

Exterior

Exterior Shake Siding
Exterior Features Deck, Outbuilding, Raised Beds, RV/Boat Storage, Sprinkler, Yard, Boat House, Dock
Lot Description Gentle Sloping
Windows Double Pane Windows
Roof Shake
Foundation Concrete Perimeter

School Information

Elementary Westridge
Middle Lakeridge
High Lakeridge

Additional Information

Date Listed August 14th, 2026
Days on Market 37
Short Sale No
RE / Bank Owned No
HOA Fees 3750
HOA Fees Freq. Annually

Listing Details

OfficeSpears Property Group

Listing Map

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