UPCOMING EVENT:  1031 Exchange Class on Apr 1, 2026

16038 REESE RD Lake Oswego, OR 97035
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Price:
$1,075,000
Beds:
4
Baths:
3.0
Ft²:
3189
MLS#:
744656836
Lot Size:
10,000 to 14,999 SqFt
Type:
Detachd
County:
Clackamas
Style:
3 Stories
Yr Built:
1948
Status:
Active
Levels:
3
Garage:
Detached
Nhood/Bldg:
LAKE GROVE
Heat:
Forced Air
Fireplace:
Wood Burning
Roof:
Composition
Accessibility:
Main Floor Bedroom w/Bath
Elem:
Lake Grove
Middle:
Lake Oswego
High:
Lake Oswego
Lot Desc:
Level
Area:
Lake Oswego, West Linn
Exterior:
Patio, Porch, Satellite Dish, Sprinkler, Yard
Courtesy of:
Keller Williams Realty Portland Premiere
Remarks:
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.
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