Jeremy Slyh

16755 Graef Cir

Lake Oswego, OR
$ 3,495,000 Beds 5 Baths 4 Sq 4,781 Virtual Tour
Monthly Estimate* How much can I afford?

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.

Active

  • Price
  • $ 3,495,000
  • City
  • Lake Oswego
  • Bedrooms
  • 5
  • Full Bathrooms
  • 4
  • County
  • CLACKAMAS
  • Half Bathrooms
  • 0
  • Area
  • 147
  • Lot Size
  • 0.28 Acres
  • Zip
  • 97035
  • Sqr Footage
  • 4,781
  • Year Built
  • 1930
  • Taxes
  • $ 27491
  • Style
  • Traditional
  • MLS#
  • 657433777
Listed By: Spears Property Group -
Data Source: Regional Multiple Listing Service (RMLSOR)

Features

General

Sewer PublicSewer
Heating ForcedAir
Cooling CentralAir,HeatPump
Roof Shake
Appliances BuiltinRange,ButlersPantry,Cooktop,Disposal,FreeStandingRefrigerator,GasAppliances,Granite,InstantHotWater,Microwave,Pantry,RangeHood,StainlessSteelAppliance
HOA Fee 3750.0
Garage Spaces 2.0
Architectural Style Traditional
Year Built 1930
Stories Count 3
Property Subtype SingleFamilyResidence
Tax Year 2025
Parcel Number 00244042
Waterfront Features Lake
Accessibility AccessibleEntrance,GarageonMain,Parking
Assoc Fee Paid Per Annually
County Clackamas
Property Type Residential
HOA Yes
Subdivision Name West Bay
Full Baths 4
Status Active
Directions Southshore Blvd & Graef Circle.
High School Lakeridge
City LakeOswego
Body of Water Lake Oswego
Disclosures Disclosure
MLS Area _147
Lot Size Square Feet 12196.0
Listing Terms Cash,Conventional
Elementary School Westridge
Tax Annual Amount 27491.92
Middle/Junior High School Lakeridge
Property Condition UpdatedRemodeled
Virtual Tour https://my.matterport.com/show/?m=81gCf2PfaNW
Standard Status Active
TaxOtherAnnualAssessmentAmount 7500.0
Accessory Dwelling Unit Y/N No
ViewDescription Lake
Legal Description 447 LAKE VIEW VILLAS #5 LTS 517&518
SeniorCommunityYn False
ADU False

Interior Features

Interior Amenities Granite,HardwoodFloors,HeatedTileFloor,Skylight,TileFloor,VaultedCeiling,WalltoWallCarpet,WasherDryer
Basement Daylight,ExteriorEntry,Finished
Total Fireplaces 2
Fireplace Features Gas,WoodBurning
Hot Water Gas
Window Features DoublePaneWindows
Total Bathrooms 4.0
FuelDescription Electricity,Gas
Total Bedrooms 5
Total Baths 4

Exterior Features

Exterior Amenities BoatHouse,Deck,Dock,Outbuilding,RaisedBeds,RVBoatStorage,Sprinkler,Yard
Parking Features Driveway,OnStreet
Lot Features GentleSloping
Water Source PublicWater
Total Parking 2.0
Garage Type Attached
Exterior Description ShakeSiding
Foundation Details ConcretePerimeter
Building Area Total 4781.0
Lot Dimensions 12280
Lot Size Acres 0.28
Road Surface Type Paved

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$3,786

Per Month

Based on the average sale price from the Hillsboro, OR office

  • Monthly Principal & interest $2,658
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
Adjust Payment Options
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Let's determine your purchasing power. Working with my mortgage partner, you'll have the information you need to shop for a home with confidence.

Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

Schools

Elementary School Westridge Elementary School
Middle School Lakeridge Middle School
High School Lakeridge High School

Price History

8/15/2026 Listed $3,600,000
9/8/2026 3% - $3,495,000

Property vs Zip Code Average in 97035

Price
AVG $1.5M
$3.5M
Taxes
AVG $11,222
$27,491
Year Built
AVG 1987
1930
Visits
AVG 124
13
Data Provided by Inside Real Estate®

Areas That We Cover

16755 Graef Cir Lake Oswego, OR is a Single Family Home for sale at $3495000 with 4781 sqft and a lot size of 0.28 Acres Acre(s). 16755 Graef Cir Lake Oswego has 5 bedrooms, 4 baths and was built in 1930. The property's zip code is 97035 which is in Lake Oswego, OR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Mortgage calculator provided courtesy of Inside Real Estate.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jeremy Slyh

Jeremy Slyh

971-297-3357

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