Date
Details
Price
Change
Source
8/14/2026
Listed
$3,600,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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Sunday 8/23 12:00 PM - 2:00 PM
16755 Graef Cir,Lake Oswego, OR 9703516755 Graef CirLake OswegoOR97035
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Property Description
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.
Full Property Details
Full Property Details for 16755 Graef Cir
General
- Price: $3,600,000
- HOA FEE: $313/month
- HOA FEE FREQ.: Annually
- Taxes: $27,491 (2025)
- Status: Active
- Type: Single Family
- Source: RWMLS
- MLS ID: 657433777
- Updated: 8/21/2026
- Added to Site: 7 day(s) ago
Interior
- Interior Features: Granite, Hardwood Floors, Heated Tile Floor, Skylight(s), Tile Floor, Vaulted Ceiling(s), Wall to Wall Carpet, Washer/Dryer
- Fireplace: Yes
- Number of Fireplaces: 2
- Fireplace(s): Gas, Wood Burning
- 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)
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
- Upper - Full Baths: 2
- Main - Full Baths: 1
- Lower - Full Baths: 1
Bedrooms
- Total Bedrooms: 5
- Primary Bedroom: Upper
- Bedroom 2: Upper
- Bedroom 3: Upper
- Bedroom 4: Lower
Other Rooms
- Living Room: Main
- Family Room: Main
- Kitchen: Main
- Dining Room: Main
- Office/Den/Study: Main
Exterior
- Exterior Features: Boat House, Deck, Dock, Outbuilding, Raised Beds, RV/Boat Storage, Sprinkler, Yard
Parking
- Garage: Yes
- Attached garage: Yes
- Total Spaces: 2
- Parking Features: Driveway, On Street
Location
- County: Clackamas
- Subdivision: West Bay
- Driving Directions: Southshore Blvd & Graef Circle.
School Information
- Elementary School: Westridge
- Middle School: Lakeridge
- High School: Lakeridge
Community
- Community Name: 147 - Lake Oswego, West Linn
- Association: Yes
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Heat Pump
- Heating Type: Forced Air
- Heating Fuel: Electricity, Gas
Utilities
- Sewer: Public Sewer
- Water: Public Water
Structural Information
- Property Detached: Yes
- Architectural Style: Traditional
- Basement Desc.: Daylight, Exterior Entry, Finished
- Roof: Shake
- Windows: Double Pane Windows
- Stories/Levels: 3
- Square Feet: 4,781
- Year Built: 1930
- Property Condition: Updated/Remodeled
Lot Features
- Lot Size: 10, 000 to 14, 999 SqFt
- Frontage: Paved
- Lot Features: Gentle Sloping
Water Features
- Water Front: Yes
- Water Front Name: Lake Oswego
- Water Front Desc.: Lake
- Lake Front: Yes
Financial Considerations
- Association Fee: $3,750
- Assoc Fee Freq.: Annually
- Tax Amount: $27,491.92
- Tax Year: 2025
- Terms: Cash, Conventional
Disclosures and Reports
- Legal Description: 447 LAKE VIEW VILLAS #5 LTS 517&518
- Disclosures/Reports: Disclosure
- Property ID: 244042
Listed by Spears Property Group (503) 522-8269, Ward Spears (503) 522-8269 and Spears Property Group (503) 522-8269, Jeni White (503) 964-0576
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Listing agents
— 16755 Graef Cir —
Ward Spears
Spears Property Group
503-522-8269
Jeni White
Spears Property Group
503-522-8269
NMLS#: 1598647
Get Pre-Approved Today
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Schools
Schools serving 16755 Graef Cir
School District:Lake Oswego School District 7j
| Name | Grades | Distance |
|---|---|---|
Westridge Elementary School 3400 Royce Way, Lake Oswego, OR 97034 | K-5 | 0.7 mi |
Lakeridge Middle School, Lake Oswego, OR 4700 Jean Road, Lake Oswego, OR 97035 | 6-8 | 0.6 mi |
Lakeridge High School 1235 Overlook Drive, Lake Oswego, OR 97034 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 16755 Graef Cir
Tax History
Tax History for 16755 Graef Cir
Year
Property Taxes
Change
Tax Assessment
Change
2025
$27,492
3%
$1,431,565
3%
2024
$26,759
3%
$1,389,869
3%
2023
$25,973
12%
$1,349,388
6%
2021
$23,277
-8%
$1,271,929
-3%
2022
$25,202
8%
$1,310,086
6%
2021
$23,277
5%
$1,234,883
3%
2019
$22,134
5%
$1,198,916
3%
2018
$21,049
4%
$1,163,996
3%
2017
$20,310
10%
$1,130,093
3%
2016
$18,491
4%
$1,097,178
3%
2015
$17,864
1%
$1,065,221
3%
2014
$17,633
2%
$1,034,195
3%
2013
$17,312
—
$1,004,073
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 16755 Graef Cir
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- Single Family
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Listed by Real Broker, Allison Williams and Real Broker, Carolyn Spurlock
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Sold by Cascade Hasson Sotheby's International Realty, Kevin Hall
Sold by Cascade Hasson Sotheby's International Realty, Kevin Hall
16755 Graef Cir, Lake Oswego, OR 97035 (MLS# 657433777) is a Single Family property with 5 bedrooms and 4 full bathrooms. 16755 Graef Cir is currently listed for $3,600,000 and was received on August 14, 2026. Want to learn more about 16755 Graef Cir? Do you have questions about finding other Single Family real estate for sale in Lake Oswego? You can browse all Lake Oswego real estate or contact a Coldwell Banker agent to request more information.