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16038 Reese Rd, Lake Oswego, OR 97035

$1,025,000
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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.

16038 Reese Rd | MLS# 744656836

This single family home located at 16038 Reese Rd, Lake Oswego, OR 97035 is currently listed for sale with an asking price of $1,025,000. This property was built in 1948 and has 4 bedrooms and 3 full baths with 3189 sq. ft. Reese Rd is located in the LAKE GROVE subdivision. Search LAKE GROVE real estate on kimgilchrist.bendpremierrealestate.com today.

Property Features

Property Type: Residential - Single Family
Basement: Partially Finished
Basement: Yes
Cooling: Central Air
Fireplaces: 2
Fuel Type: Gas
Garage: 2
Heating: Forced Air
Home Style: Capecod
Roof Type: Composition
Stories: 3.0
Taxes: $8,867
Year Built: 1948
Square Feet: 3,189

Feature Descriptions

Accessibility: Main Floor Bedroom w-Bath
Bathroom: 2.0 (Main), 1.0 (Upper)
Days on Site: 23
Exterior: Patio, Porch, Satellite Dish, Sprinkler, Yard
Exterior: Wood Siding
Fireplace: Wood Burning
Hot Water: Gas
Interior: 3rd Floor, Concrete Floor, EngineeredBamboo, Granite, Hardwood Floors, Laundry, Wainscoting, Washer-Dryer
Kitchen: Dishwasher, Disposal, Free-Standing Gas Range, Free-Standing Refrigerator, Gas Appliances, Pantry, Range Hood, Stainless Steel Appliance(s), Tile
Lot: Level
Parking Notes: Detached, Driveway
Sewer: Public Sewer
Square Footage: 1080 (Lower), 1315 (Main), 794 (Upper)
Water: Public Water

Room Sizes

Laundry: 35 X 15 Level - Lower
Den: 14 X 9 Level - Lower
2nd Bedroom: 16 X 13 Level - Upper
3rd Bedroom: 12 X 12 Level - Upper
Dining Room: 15 X 13 Level - Main
Family Room: 24 X 14 Level - Lower
Kitchen: 15 X 14 Level - Main
Living Room: 20 X 13 Level - Main
Primary Bedroom: 13 X 12 Level - Main

Local Schools

High School: Lake Oswego
Middle School: Lake Oswego
Elementary School: Lake Grove

Listed By / Shown By

Listed By

Agency Name: Keller Williams Realty Portland Premiere
Agency Contact: 503-819-6097

Shown By

Agent Name: Kim Gilchrist, Broker
Agent Phone: (541) 410-0985
Agency Title: Bend Premier Real Estate

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Estimated Payment

$ 6,220.83 per month $5,182.96 Principal & Interest $738.92 Property Tax $298.96 Homeowner's Insurance

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information 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. Information on this site was last updated 04/06/2026. The listing information on this page last changed on 04/06/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 04/06/2026 12:02:01 AM EST) or RMLS (last updated Sun 04/05/2026 11:58:19 PM EST) or COAR/MLSCO (last updated Mon 04/06/2026 12:01:15 AM EST). Real estate listings held by brokerage firms other than Bend Premier Real Estate may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.

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