Stunning Schollander Development custom home in the heart of Lake Grove with three Oswego Lake easements—a rare opportunity to enjoy luxury living with coveted lake access. This 5-bedroom, 3.5-bath home offers soaring ceilings, extensive hardwood floors, designer finishes, and exceptional craftsmanship throughout. The main-level primary suite features a spa-inspired bath, while the dedicated office with custom built-ins is perfect for working from home. The chef's kitchen opens seamlessly to a covered patio and private, beautifully landscaped backyard with a fire pit, creating an ideal space for entertaining. Upstairs offers three additional bedrooms, including an ensuite, a spacious bonus room, and generous walk-in closets throughout. Beyond the home, enjoy one of Lake Grove's most desirable lifestyles. Walk to Zupan's, La Provence, restaurants, coffee shops, boutiques, grocery stores, and everyday conveniences, all while returning to the privacy of mature landscaping and a peaceful setting. Close to Iron Mountain Park, Lake Grove Swim Park, top-rated Lake Oswego schools, and convenient access to downtown Portland. Luxury, walkability, privacy, and three lake easements—this is Lake Grove living at its best.
Active
Price cut: $70K (5/1)
$1,725,000
16200 Waluga Dr, Lake Oswego, OR 97035
5beds
3,375sqft
:
Get pre-qualified$11,523/mo
Residential, Single Family Residence
Built in 2021
-- sqft lot
$-- Zestimate®
$511/sqft
$-- HOA
What's special
Designer finishesPeaceful settingSpa-inspired bathPrivate beautifully landscaped backyardCovered patioFire pitExceptional craftsmanship throughout
- 148 days |
- 491 |
- 43 |
Zillow last checked:
Listing updated:
Listed by:
Katharine Granum 503-756-4031,
Real Broker,
Sheila Gray 503-734-6252,
Real Broker
Source: RMLS (OR),MLS#: 681291064
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- Partial bathrooms: 1
- Main level bathrooms: 2
Rooms
- Room types: Bedroom 4, Bedroom 5, Den, Bedroom 2, Bedroom 3, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom
Primary bedroom
- Features: Shower, Soaking Tub, Suite, Walkin Closet, Wallto Wall Carpet
- Level: Main
- Area: 255
- Dimensions: 17 x 15
Bedroom 2
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 165
- Dimensions: 15 x 11
Bedroom 3
- Features: Closet, Wallto Wall Carpet
- Level: Upper
- Area: 154
- Dimensions: 14 x 11
Bedroom 4
- Features: Suite, Walkin Closet
- Level: Upper
- Area: 132
- Dimensions: 12 x 11
Bedroom 5
- Level: Upper
Dining room
- Features: High Ceilings, Wood Floors
- Level: Main
- Area: 143
- Dimensions: 13 x 11
Kitchen
- Features: Dishwasher, Island, Pantry, Builtin Oven, High Ceilings, Quartz
- Level: Main
- Area: 266
- Width: 14
Living room
- Features: Builtin Features, Fireplace, High Ceilings, Wood Floors
- Level: Main
- Area: 288
- Dimensions: 18 x 16
Heating
- Forced Air, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: Built In Oven, Built-In Refrigerator, Dishwasher, Disposal, Double Oven, Free-Standing Range, Microwave, Stainless Steel Appliance(s), Gas Water Heater
Features
- Central Vacuum, High Ceilings, Quartz, Soaking Tub, Suite, Walk-In Closet(s), Built-in Features, Closet, Kitchen Island, Pantry, Shower
- Flooring: Tile, Wood, Wall to Wall Carpet
- Windows: Vinyl Frames
- Basement: Crawl Space
- Number of fireplaces: 1
- Fireplace features: Gas
Interior area
- Total structure area: 3,375
- Total interior livable area: 3,375 sqft
Video & virtual tour
Property
Parking
- Total spaces: 2
- Parking features: Driveway, On Street, Garage Door Opener, Attached
- Attached garage spaces: 2
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: Garage On Main, Main Floor Bedroom Bath, Utility Room On Main, Walkin Shower, Accessibility
Features
- Levels: Two
- Stories: 2
- Patio & porch: Patio
- Exterior features: Fire Pit, Yard
- Fencing: Fenced
Lot
- Features: Level, Sprinkler, SqFt 7000 to 9999
Details
- Parcel number: 00235506
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Residential, Single Family Residence
Materials
- Cedar, Stone, Wood Composite
- Foundation: Pillar/Post/Pier
- Roof: Composition
Condition
- Resale
- New construction: No
- Year built: 2021
Utilities & green energy
- Gas: Gas
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Lake Oswego
Financial & listing details
- Price per square foot: $511/sqft
- Tax assessed value: $1,850,469
- Annual tax amount: $18,404
- Date on market: 2/25/2026
- Listing terms: Call Listing Agent,Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2026 | Price change | $1,725,000-3.9%$511/sqft |
Source:  RMLS (OR) #681291064 Report a problem | ||
| 4/1/2026 | Price change | $1,795,000-1.9%$532/sqft |
Source: RMLS (OR) #681291064 Report a problem | ||
| 2/25/2026 | Listed for sale | $1,829,000+18%$542/sqft |
Source: RMLS (OR) #681291064 Report a problem | ||
| 7/19/2021 | Sold | $1,550,000+138.5%$459/sqft |
Source: RMLS (OR) #21198469 Report a problem | ||
| 5/17/2019 | Sold | $650,000$193/sqft |
Source:  RMLS (OR) #18660645 Report a problem | ||
| 8/2/2018 | Pending sale | $650,000$193/sqft |
Source: CENTURY 21 The Neil Company Real Estate #18660645 Report a problem | ||
| 7/31/2018 | Listed for sale | $650,000$193/sqft |
Source: CENTURY 21 The Neil Company RE #18660645 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $18,405 +2.7% | $958,375 +3% |
| 2024 | $17,914 +3% | $930,462 +3% |
| 2023 | $17,388 +3.1% | $903,362 +3% |
| 2022 | $16,872 +110.7% | $877,051 +100.4% |
| 2021 | $8,008 +356.7% | $437,576 +358.6% |
| 2020 | $1,753 +54.2% | $95,409 +54.9% |
| 2019 | $1,137 -45.7% | $61,586 -51.6% |
| 2018 | $2,094 | $127,340 +3% |
| 2017 | $2,094 +15.2% | $123,631 +3% |
| 2016 | $1,818 | $120,030 +3% |
| 2015 | $1,818 +3.9% | $116,534 +3% |
| 2014 | $1,751 +3.1% | $113,140 +3% |
| 2013 | $1,698 +3.1% | $109,845 +3% |
| 2012 | $1,646 +3.7% | $106,646 +3% |
| 2011 | $1,588 +1.6% | $103,540 +3% |
| 2010 | $1,564 +1.1% | $100,524 +3% |
| 2009 | $1,547 +7.6% | $97,596 +3% |
| 2008 | $1,438 +4.9% | $94,753 +3% |
| 2007 | $1,371 +4.7% | $91,993 +3% |
| 2006 | $1,309 +0.5% | $89,314 +3% |
| 2005 | $1,302 +8.7% | $86,713 +3% |
| 2004 | $1,198 +1.3% | $84,187 +3% |
| 2003 | $1,184 +2.9% | $81,735 +3% |
| 2002 | $1,150 +1.1% | $79,354 +3% |
| 2001 | $1,138 +11.4% | $77,043 +3% |
| 2000 | $1,022 | $74,799 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lake Forest
Nearby schools
GreatSchools rating
- 8/10Lake Grove Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Lake Oswego Junior High SchoolGrades: 6-8Distance: 1.6 mi
- 10/10Lake Oswego Senior High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Lake Grove
- Middle: Lake Oswego
- High: Lake Oswego
Source: RMLS (OR). This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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A local agent can set up tours, give advice and negotiate with sellers.
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