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Listed by Keller Williams Realty Portland Premiere • 503-819-6097

$1,075,000

Est. payment - /mo

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4 Beds

3 Baths

3,189 SqFt

New

16038 REESE RD Lake Oswego, OR 97035

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Nancy Kelly

nancy@nancykellyhomes.com +1(503) 805-5887

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 3,189 sqft

Price per Sqft $337

Subdivision Lake Grove

MLS Listing ID 744656836

Style Capecod

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1948

Annual Tax Amount $8,867

Tax Year 2025

Property Sub-Type Single Family Residence

Property Description

In the heart of Lake Grove, just minutes from cafés, shops, parks, and the Lake Grove Swim Park, this 1948 Cape Cod home offers timeless charm and exceptional walkability. With access to three private lake easements, boating, paddleboarding, and swimming become part of everyday life. Oak floors run through much of the home, adding warmth throughout the main living spaces. The entry opens to a formal dining room, with the nearby living room featuring a wood-burning fireplace and built-in shelving and buffet. The kitchen includes white cabinetry, butcher block countertops, stainless steel appliances with a gas range, tile backsplash, and a walk-in pantry, along with a drop zone leading to the backyard. The main-level primary suite includes built-in closet storage, a French door to the deck, and an ensuite bath with double vanity and step-in shower. An adjoining flex room works well as a home office, nursery, or expanded closet. Upstairs are two bedrooms—including one with a walk-in closet and custom shelving—a full bath, and a spacious landing ideal for a study or workspace. The finished lower level expands the living space with a family room featuring a second fireplace, a large room perfect for an office or non-conforming 4th bedroom, and generous storage. A private exterior entrance provides convenient access to the lower level for guests or work-from-home needs. The fenced yard with deck and patio offers space for outdoor dining, gardening, and play, while the oversized detached two-car garage includes covered storage for bikes and lake gear. Recent updates include a brand-new roof, a recently replaced furnace, and central air system.

Location

State OR

County Clackamas

Area _147

Rooms

Basement Partially Finished

Interior

Interior Features Floor3rd, Concrete Floor, Engineered Bamboo, Granite, Hardwood Floors, Laundry, Wainscoting, Washer Dryer

Heating Forced Air

Cooling Central Air

Fireplaces Number 2

Fireplaces Type Wood Burning

Appliance Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Gas Appliances, Pantry, Range Hood, Stainless Steel Appliance, Tile

Exterior

Exterior Feature Patio, Porch, Satellite Dish, Sprinkler, Yard

Parking Features Detached

Garage Spaces 2.0

Roof Type Composition

Accessibility MainFloorBedroomBath

Garage Yes

Building

Lot Description Level

Story 3

Sewer Public Sewer

Water Public Water

Level or Stories 3

Schools

Elementary Schools Lake Grove

Middle Schools Lake Oswego

High Schools Lake Oswego

Others

Senior Community No

Acceptable Financing Cash, Conventional, FHA

Listing Terms Cash, Conventional, FHA

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Nancy Kelly

Broker | License ID: 880300070

+1(503) 805-5887

16038 REESE RD Lake Oswego, OR 97035

Nancy Kelly

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

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16038 REESE RD