16038 Reese Road
Sold 5/8/26Virtual Tour
Sold 5/8/26Virtual Tour
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,...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.
LISTING CLOSED: 05/08/2026 12:00 AM
- Listed by Lara James • Keller Williams Realty Portland Premiere • 503-819-6097
- Listed by Pam Waldman • Keller Williams Realty Portland Premiere
Property Details for 16038 Reese Road
Status
MLS #
744656836
Days on Market
25
Taxes
$8,867 / year
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Single Family Residence
Year Built
1948
Lot Size
-
County
Style
Capecod
Subdivision
LAKE GROVE
Parking Features
Driveway
Garage Spaces
2.00
Parking Total
2.00
Location
Listing Courtesy of Keller Williams Realty Portland Premiere
Sold By Cascade Hasson Sotheby's International Realty
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Virtual Tour
Building Information for 16038 Reese Road
Stories3Year Built1948Building Size-Lot Size-
Payment Calculator
$5,695 per month
30 year fixed, 6.55% Interest
Principal and Interest
$4,956
Property Taxes
$739
HOA Dues
$0
The Payment Calculator is for illustrative purposes only.
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1Property Information for 16038 Reese Road
Summary
Location and General Information
- Accessibility Features: Main Floor Bedroom Bath
- Country: US
- Directions: From Boones Ferry Rd, South on Reese, Home on left
- Road Surface: Paved
School Information
- Elementary School: Lake Grove
- High School: Lake Oswego
- Middle Or Junior School: Lake Oswego
Parking
- Garage Type: Detached
Taxes and HOA
- Tax Year: 2025
- Tax Annual Amount: $8,867.36
- Parcel Number: 00242437
- Tax Legal Description: 339 LAKE VIEW VILLAS PT LT 64
Virtual Tour
- Video Virtual Tour 1 URL: https://sites.ruummedia.com/mls/234730901
- Video Virtual Tour 2 URL: https://my.matterport.com/show/?m=WYoz1CkkAvZ&brand=0&mls=1&
Property
Lot Information
- Lot Description: Level
- Lot Size Range: Sq Ft10000to14999
- Lot Size: 10,000 to 14,999 Sq Ft
- SqFt Source: Trio
Property and Assessments
- Property Sub Type: Single Family Residence
- Property Type: Residential
- Water Description: Public Water
- Property Condition: Resale
- Year Built: 1948
Utilities
- Cooling Description: Central Air
- Fuel Description: Gas
- Heating Description: Forced Air
- Hot Water Description: Gas
- Sewer Description: Public Sewer
Interior and Exterior Features
Exterior Features
- Exterior Description: Wood Siding
- Exterior Features: Patio, Porch, Satellite Dish, Sprinkler, Yard
- Roof Type: Composition
Interior Features
- Basement: Partially Finished
- Fireplace Description: Wood Burning
- Fireplaces Total: 2
- Interior Features: Floor3rd, Concrete Floor, Engineered Bamboo, Granite, Hardwood Floors, Laundry, Wainscoting, Washer Dryer
- SqFt Calculated: 2109
- SqFt Lower Level Total: 1080
- SqFt Main Level Total: 1315
- SqFt Upper Level Total: 794
- Bedrooms Total: 4
- Stories: 3
- Baths Total: 3.0
Master Bedroom
- Room Description: Primary Bedroom
- Primary Bedroom Additional Features: Barn Door, Closet, Double Sinks, Ensuite, Walkin Closet, Walkin Shower
- Primary Bedroom Level: Main
- Primary Bedroom SqFt: 156
- Primary Bedroom Length: 13
- Primary Bedroom Width: 12
- Primary Bedroom Features: Exterior Entry, Hardwood Floors
Bedroom 2
- Room Description: _2nd Bedroom
- Bedroom 2 Length: 16
- Bedroom 2 Width: 13
- Bedroom 2 Level: Upper
- Bedroom 2 SqFt: 208
- 2nd Bedroom Features: Builtin Features, Hardwood Floors
- 2nd Bedroom Additional Features: Walkin Closet
Bedroom 3
- Room Description: _3rd Bedroom
- Bedroom 3 Length: 12
- Bedroom 3 Width: 12
- Bedroom 3 Level: Upper
- Bedroom 3 SqFt: 144
- 3rd Bedroom Features: Hardwood Floors
- 3rd Bedroom Additional Features: Closet
Dining Room
- Room Description: Dining Room
- Dining Room Features: Builtin Features, Hardwood Floors
- Dining Room Length: 15
- Dining Room Width: 13
- Dining Room Level: Main
- Dining Room SqFt: 195
Family Room
- Room Description: Family Room
- Family Room Additional Features: Bamboo Floor
- Family Room Length: 24
- Family Room Width: 14
- Family Room Level: Lower
- Family Room SqFt: 336
Kitchen
- Room Description: Kitchen
- Kitchen Appliances: Dishwasher, Disposal, Free Standing Gas Range, Free Standing Refrigerator, Gas Appliances, Pantry, Range Hood, Stainless Steel Appliance, Tile
- Kitchen Room Features: Dishwasher, Eating Area, Gas Appliances, Hardwood Floors, Pantry
- Kitchen Room Additional Features: Free Standing Range, Free Standing Refrigerator
- Kitchen RoomLength: 15
- Kitchen RoomWidth: 14
- Kitchen Room Level: Main
- Kitchen Room SqFt: 210
Living Room
- Room Description: Living Room
- Living Room Features: Builtin Features, Fireplace, Hardwood Floors
- Living Room Length: 20
- Living Room Width: 13
- Living Room Level: Main
- Living Room SqFt: 260
Baths
- Baths Lower Level Full: 0
- Baths Lower Level Partial: 0
- Baths Lower Level Total: 0.0
- Baths Main Level Full: 2
- BathsMainLevelPartial: 0
- Baths Main Level Total: 2.0
- Bathrooms Full: 3
- Baths Partial: 0
- Total Bathrooms: 3
- Baths Upper Leve lFull: 1
- Baths Upper Level Partial: 0
- Baths Upper Level Total: 1.0
Additional Room 1
- Additional Room 1 Description: Laundry
- Additional Room 1 Length: 35
- Additional Room 1 Level: Lower
- Additional Room 1 SqFt: 525
- Additional Room 1 Width: 15
Additional Room 2
- Additional Room 2 Description: Den
- Additional Room 2 Length: 14
- Additional Room 2 Level: Lower
- Additional Room 2 SqFt: 126
- Additional Room 2 Width: 9
Additional Room 4
- Additional Room 4 Additional Features: Washer Dryer
Additional Room 5
- Additional Room 5 Features: Builtin Features
- Additional Room 5 Additional Features: Bamboo Floor
Multi Family
Multi-Family Information
- SqFt Approximate Building Total: 3189
Property History for 16038 Reese Road
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| May 5, 2026 | Sold (Public Record) Public Record #1937867157 | $975,600 | +3.8% / yr |
| May 12, 2017 | Sold (Public Record) Public Record #596067241 | $700,000 | +16.2% / yr |
| Mar 10, 2014 | Sold (Public Record) Public Record #411130211 | $435,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 05/05/2026 | Sold (Public Record) Public Record #1937867157 | $975,600 +3.8% / yr |
| 05/12/2017 | Sold (Public Record) Public Record #596067241 | $700,000 +16.2% / yr |
| 03/10/2014 | Sold (Public Record) Public Record #411130211 | $435,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 16038 Reese Road
Taxable ValueLand-Additions-Total-
Tax Record2025$8,867 ($739 / month)
Home Facts
Beds4Baths3Total Finished SqFt3,189 SqFtAbove Grade Finished SqFt3,189 SqFtStories1Lot Size9,977 SqFtStyleSingle Family ResidenceYear Built1948Year Renovated1948ZoningR-7.5CountyCLACKAMASAPN00242437
Schools near 16038 Reese Road
This home is within Lake Oswego School District 7j.
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | K to 5 |
Rating | School | Distance |
|---|---|---|
Lake Grove Elementary School PublicK to 5 | ||
Lake Oswego Junior High School Public6 to 8 | ||
Lake Oswego Senior High School Public9 to 12 | ||
Palisades World Language School PublicK to 5 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 16038 Reese Road, Lake Oswego, OR 97035 | $975,000 | 4 | 3 | 3,189 | – |
– | 2 | 1 | 3,192 | 8,403 | |
– | 4 | 1 | 3,022 | 13,487 | |
$403,500 | 3 | 3 | 2,140 | 11,921 | |
$1,199,500 | 3 | 2 | 1,736 | 11,761 | |
– | 5 | 4 | 3,394 | 17,552 | |
$800,000 | – | – | – | 21,118 | |
$742,000 | 3 | 3 | 2,555 | 10,018 | |
$951,000 | 4 | 3 | 2,810 | 8,712 | |
– | – | – | – | 8,827 | |
$275,000 | 2 | 1 | 956 | – | |
$200,000 | 2 | 1 | 956 | – | |
$96,000 | 2 | 1 | 956 | 443 | |
$154,900 | 2 | 1 | 956 | 410 | |
$91,500 | 2 | 1 | 956 | 526 | |
$95,000 | 2 | 1 | 956 | 443 |
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Listing Courtesy of Keller Williams Realty Portland Premiere
All information provided is deemed reliable but is not guaranteed and should be independently verified. The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS of Portland Oregon. Real estate listings held by brokerage firms other than Compass are marked with the RMLS logo and detailed information about these properties includes the names of the listing brokers. Copyright © 2026 RMLS, Portland, Oregon. Last updated: 05/08/2026 10:58 AM
