16038 REESE RD

Lake Oswego, 97035

  • 4 Bed

  • 3 Bath

  • 3189 SqFt

  • 19 DOM

  • Built: 1948

  • Status: Active

$1,025,000

Price cut: $50K (03-19-2026)

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16038 REESE RD

Lake Oswego 97035

$1025000

Price cut: $50K (03-19-2026)

  • 4 Bed

  • 3 Bath

  • 3189 SqFt

  • 19 DOM

  • Built: 1948

  • Status: Active

    Open House

Krishna Regupathy

Principal Broker

(503) 893-8874

Price Improved! In the heart of Lake Grove, just minutes from cafés, shops, parks, and the Lake Grove Swim Park, this timeless Cape Cod home offers modern updates, vintage charm and exceptional walkability. A brand new roof and furnace offer peace of mind. 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. With access to three private lake easements as well as the Swim Park, boating, paddleboarding, and swimming become part of everyday life.

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