16840 ALDER CIR, Lake Oswego, OR 97034
Clackamas County
Key Facts
Description
Experience waterfront luxury living in this recently completed custom stunner on the main shores of the quiet water portion of Oswego Lake. With five bedrooms, an office, a gym and four and a half bathrooms, this inviting home was mindfully designed around extensive entertaining and everyday ease. At every turn, there is a harmonious blend of upscale finishes and light bouncing off of water outside into serene spaces inside. The expansive walls of glass dissolve the boundary between indoors and out, opening to panoramic waterscapes in every direction and a rare large, flat and fully fenced yard. The gourmet kitchen centers around an impressive island with beautiful surfaces, custom cabinetry, highest end appliances and a generous butlers pantry designed to house all the necessary kitchen accoutrements. The main level also boasts a large bedroom with ensuite bathroom, the office, a stunning design forward powder bath, a bespoke bar and a cleverly customized wine cellar. Upstairs, the primary suite is a peaceful retreat with impressive scale and features that include lake views, automated blinds and absolute privacy. Its spa-inspired flow embodies relaxing extravagance with a freestanding tub, heated floors, a steam and rain shower, dual sinks with illuminated mirrors and a custom walk-in closet tailored for curated wardrobes. On this level, you'll also find two additional bedrooms, two full bathrooms, an expansive and inviting family room with another wet bar and a dedicated fitness area with breathtaking lake views. The third floor flexible space, currently a bedroom, showcases that this residence offers beautifully designed options for every need. Outside, a spacious deck cascades through custom low-maintenance, natural landscaping to your private 72 feet of waterfront. The boat house is equipped with a hydraulic lift sized for the maximum length boat allowed on the lake and there is an additional dock. Lake life has never been so beautiful or so easy!
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Style
NWContemporary
Year Built
2023
Stories
3
Living Area
4,689 sq ft
Garage Spaces
2
Parking Spaces
2
Days on Market
15
MLS® Listing#
104151261
Property Features
Interior
Exterior
Appliances
Cooling
Heating
Flooring
Fireplace
Basement
Parking
Patio
Fencing
Lot Features
Windows
Security
Other Structures
Sewer
Water Source
Schools
- Elementary:
- Westridge
- Middle:
- Lakeridge
- High:
- Lakeridge
Financial Details
HOA
$3,387 / Annually
Annual Taxes
$23,034
Tax year 2025
Parcel Number
00319355
Directions
South Shore to Alder Circle
Affordability Calculator
$1,199,000
Estimated monthly payment
$31,908/mo
Principal $4,796,000 · Est. interest $6,690,847 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Lake Oswego, OR
- $970,370
- Median Listing Price
- 164
- Median Days on Market
- 2,306
- Median Sq Ft
- $461
- Median Price / Sq Ft
- 254
- Active Listings
- This home’s price is 518% above the area median.
- Its price per sq ft is 177% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Lake Oswego, OR.
Location
Points of Interest in Lake Oswego, OR
Showing the Lake Oswego area map.
Nearby Schools
Champions at Westridge Elementary School
Elementary · 0.6 mi away
Westridge Elementary School
Elementary · 0.6 mi away
Champions at Lake Grove Elementary School
Elementary · 0.7 mi away
Lake Grove Pta
Elementary · 0.7 mi away
Village Montessori
Elementary · 0.8 mi away
Palisades Elementary School
Elementary · 0.9 mi away
Lakeridge High School
Secondary · 0.9 mi away
Lakeridge Junior High School
Secondary · 0.9 mi away
Bryant Elementary School
Elementary · 1.0 mi away
Lake Oswego Montessori School
Elementary · 1.0 mi away
International Leadership Academy
School · 1.1 mi away
Uplands Elementary School
Elementary · 1.3 mi away
Champions at River Grove Elementary
Elementary · 1.3 mi away
West Hills Montessori School
Elementary · 1.3 mi away
Park Academy
School · 1.4 mi away
Ambassador Christian School
School · 1.4 mi away
Lake Oswego School District
School · 1.4 mi away
King's Kids Christian School
School · 1.5 mi away
Chinese American International Sch
School · 1.5 mi away
Community Montessori School
Elementary · 1.6 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1051 FOREST MEADOWS WAY, Lake Oswego, OR | $4,200,000 | 6 | 7 | 5,505 |
| 2254 KNAUS RD, Lake Oswego, OR | $4,275,000 | 4 | 6 | 7,366 |
| 1050 ATWATER RD, Lake Oswego, OR | $4,298,000 | 4 | 4 | 4,606 |
| 825 ELLIS AVE, Lake Oswego, OR | $4,298,000 | 5 | 5 | 5,220 |
| 13305 AMBER PL, Lake Oswego, OR | $4,395,000 | 5 | 6 | 6,530 |
| 17763 Kelok RD, Lake Oswego, OR | $4,650,000 | 4 | 4 | 5,224 |
Moving Cost Estimate
EXIT Agents in Lake Oswego
Listing Courtesy: Rose City Realty Group - 5033495511
Presented by: Katherine Williams
Last Updated: 2026-03-01