16038 Reese Rd, Lakeoswego, Oregon 97035

OR, Lake Oswego
$1,025,000
  • 4 Beds
  • 3 Bath
  • Residential Property Type
  • 1948 Year Built
  • Active Status
Steven Meyer
Steven Meyer Realtyna
  • (302) 525 8222
  • Steven.m@realtyna.net
  • 200 Continental Drive, Suite 401, Newark, DE 19713 USA
Property Description

In the heart of Lake Grove, just minutes from cafes, shops, parks, and Lake Grove Swim Park, this timeless Cape Cod blends vintage charm with a layout designed for modern living. What sets this home apart is its thoughtfully designed separation of space—creating three distinct living zones that make everyday life easier.The main-level primary suite is set apart from the rest of the home, offering privacy and quiet, with built-in closet storage, an ensuite bath with double vanity and step-in shower, and French doors opening to the deck. An adjoining flex room provides the perfect space for a home office, nursery, or expanded dressing area—creating a true retreat.The main living areas feature oak floors, a formal dining room, and a living room with wood-burning fireplace, built-in shelving, and buffet. The kitchen includes white cabinetry, butcher block countertops, stainless steel appliances with gas range, tile backsplash, a walk-in pantry, and a drop zone leading to the backyard.Upstairs you’ll find two bedrooms, a full bath, and a spacious landing ideal for a study area, workspace, or hangout zone. The larger of the two bedrooms includes a huge walk-in closet, providing the option for a 2nd primary or fantastic guest suite. The finished lower level adds a completely separate living area with a family room and second fireplace, plus a large room ideal for a home office, guest space, or 4th bedroom. With its own exterior entrance, this level offers flexibility for hosting, work-from-home needs, or a private retreat.Outside, enjoy a fenced yard with deck and patio for outdoor dining, gardening, and play. The oversized detached two-car garage offers additional covered storage for bikes and lake gear.A brand new roof and furnace provide peace of mind, while access to three private lake easements and the Swim Park make boating, paddleboarding, and swimming part of everyday life.

Basic Details
  • Property Type: Residential
  • Listing Type: For Sale
  • Listing ID: 744656836
  • Price: $1,025,000
  • Year Built: 1948
  • Full Bathrooms: 3
  • Property Sub Type: SingleFamilyResidence
  • Roof: Composition
  • Office Name: Keller Williams Realty Portland Premiere
  • Agent Name: Lara James
  • Contact By: 503-819-6097
  • Office Phone: 503-597-2444
  • Listing Status: Active
Features
  • Heating System Forced Air
  • Cooling System Central Air
  • Basement Partially Finished
  • Fireplace Wood Burning
  • Parking Driveway
  • Architectural Style Capecod
  • Exterior Features Patio,Porch,Sprinkler,Yard,Satellite Dish
  • Fireplaces Total 2
  • Interior Features Hardwood Floors,Wainscoting,Granite,Washer Dryer,Laundry,Floor3rd,Concrete Floor,Engineered Bamboo
  • Sewer Public Sewer
Appliances
  • Dishwasher
  • Disposal
  • Range Hood
  • Free Standing Refrigerator
  • Free Standing Gas Range
  • Gas Appliances
  • Stainless Steel Appliance
  • Pantry
  • Tile
Address Map
  • Country US
  • State OR
  • County Clackamas
  • City Lake Oswego
  • Zipcode 97035
  • Street: REESE
  • Street Number: 16038
  • Street Suffix: RD
  • Longitude: W123° 16' 56.1''
  • Latitude: N45° 24' 34.6''
  • Mls Area Major: _147
Neighborhood
  • Elementary School: Lake Grove
  • High School: Lake Oswego
  • Middle School: Lake Oswego
Additional Information
  • Accessibility Features: Main Floor Bedroom Bath
  • Building Size: 3189
  • Garage: 2.0
  • Lot Features: Level
  • On Market Date: 2026-03-12
  • Previous Price: 1075000
  • Stories: 3
  • Water Source: Public Water
Listing Information
  • Co List Agent Full Name: Pam Waldman
  • Co List Office Name: Keller Williams Realty Portland Premiere
  • Listing Term: Cash, Conventional, FHA
  • Mls Status: Active
  • Modification Timestamp: 2026-04-04T17:44:11Z
  • Originating System Name: RMLS
  • Status Change Timestamp: 2026-03-12T16:55:44Z
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Last updated on 04/04/2026 7:55