Most Expensive Homes for Sale in Portland, OR Right Now
Last updated: July 29, 2025
Homes for sale in Portland have a median list price of $525K, but luxury homes can be listed for much more. Here are the ten most expensive homes for sale in Portland right now.
About this home
This iconic Tudor Revival estate in Portland’s West Hills has been reborn through a nearly $20 million renovation, blending historic charm with the ultimate in contemporary luxury. Originally crafted in 1930 by celebrated architect Roscoe D. Hemenway, the 25,568-square-foot residence has been meticulously transformed by JHL Design and Green Gables Restoration with a reimagined interior seamlessly blending timeless elegance with top-of-the-line designer amenities, showcasing imported materials and handcrafted finishes. Perched on 3.26 stunning private acres, the property offers some of the best panoramic views of Portland’s skyline and four majestic mountains in the metropolitan area, creating an extraordinary setting for both grand entertaining and everyday living. This storied property, built as the estate of the day in 1930, is the estate of today with a winning combination of historic architecture and modern amenities to be enjoyed for generations to come.
About this home
Welcome to your dream estate, a stunning 9,000+ sq ft European-style masterpiece perfectly positioned on a sprawling 1.75 acres with breathtaking views of the Columbia River along the historic Evergreen Highway in Washington State. This luxurious residence boasts five spacious bedrooms, all with ensuite opulent baths, designed to provide comfort and elegance. As you walk throughout the home it's evident there was no expense spared in its creation. Only the best of materials adorn the estate and the classic European design references can be noted throughout. As you enter through the private gate, you are greeted by meticulously landscaped grounds, garnished with mature olive trees and stunning white hydrangeas, setting the stage for an entertainer's paradise. The estate covers two tax parcels giving plenty of room to enjoy the beauty of the Northwest. Inside, the open-concept living spaces are adorned with exquisite finishes, high ceilings, and large windows and sliders that flood the home with natural light, showcasing the picturesque river views, blending indoor and outdoor living seamlessly. The gourmet kitchen is a chef's delight, featuring top-of-the-line Wolf appliances, custom cabinetry, and a generous marble double island. Open the windows above the sink to easily pass from the indoor kitchen to the outdoor kitchen. And find plenty of storage in the galley-style pantry, complete with dumbwaiter and library ladder. Additionally, the primary suite & office are exceptional in every way. Your backyard sanctuary includes an oversized pool & spa, a luxurious gym & sauna for relaxation and wellness. For sports enthusiasts, the private sport court offers endless possibilities for fun & fitness. This estate is not just a home; it’s a lifestyle! A vacation at home. With ample space for hosting family & friends, every corner of this property is designed for enjoyment and relaxation. No need to leave this stunning estate with so much to love.
About this home
Ultra-Modern, private, gated sophisticate that is beyond the imagination. Since the last time this home was on the market over $1.7M has been invested and the price has been reduced by over $1.5M. .So, opportunity is knocking, you will want to own one of Portland's most iconic domiciles. This is truly one of one. Walls of glass bring the 270-degree views of the city, river, mountains and beyond to you. This showpiece encompasses elements not found in this marketplace. German engineered stainless steel front door and window package, imported stone slabs, imported Italian stone floors throughout the interior, exterior and surrounding the pool; custom designed elements that can be found nowhere else; 3BR 3.1 baths with a main floor Owner's Suite; elevator, gourmet kitchen, full bar, all new audio and AV throughout, media room with 140 inch screen, world class gym, guest suite, game area, state of the art LED lit wine cellar, pool bath with steam and sauna, full lap pool hanging over the city and 3-vehicle garage. This type of residence is something that rarely comes available and will stand the test of time in quality, style and functionality. Located just 2 minutes from downtown Portland and freeways. Over time over $15M has been invested in this home.
About this home
Owner designed this proposed custom plan located near the site of the 2014 Street of Dreams subdivision. A most elegant plan ready to be customized for you. 13,000SF of elegance with sweeping mountain & territorial views on 3ac of space. Huge foyer entry. Large kitchen with island and butler's pantry. Lower level gym/garage area with 16' ceilings holds up to 9 cars for a total of 13 garage spaces! Spacious covered outdoor living. Option for indoor pool & elevator round out the ultimate luxury living in Happy Valley. Located less than 1.5mi from the park. Nearby transportation, shopping, dining. Price subject to buyer selections. Award winning Street of Dreams builder!
About this home
The Tahoma Penthouse is the premier penthouse in the new Ritz-Carlton Hotel & Residences and in all of Portland. Perched atop the uppermost floor w/ spectacular mountain, city & river views-wrapped around the East, North & South. An exansive 417sf deck with private hot tub and gas fireplace and grill! A sophisticated monochromatic design of glamor & glitz w/ crystal accents & hidden doors. The contrast to the modern exterior creates a truly contemporary design. An experience unlike anything in Portland w/ hotel room service, world class restaurants, spa, pool & dedicated owners concierge. Come visit this astounding penthouse a top Portland where glam meets sophistication. Certificate of occupancy is in hand and this fabulous residence is ready for immediate possession.
About this home
Recently featured in Architectural Digest! A complete flawless indoor & outdoor restoration and an exquisite design aesthetic overseen by world renowned designer Jessica Helgerson have transformed the national historic Registry HR Albee House into a contemporary-classic vision that takes your breath away room by room. .. Completely updated including new plumbing, electrical, and HVAC, restored windows and hardwood floors, fabulous new kitchen and bathrooms, new fireplaces and beamed ceilings, and more. Perfectly situated on over half an acre as one of only two Portland estates overlooking elegant Laurelhurst Park, this masterpiece offers much more than a prestigious address. Dazzling custom details and period molding, polished millwork, vast room sizes including a salon-style living room, charming conservatory, swanky parlor, gourmet kitchen + morning room, and sprawling lower level media room, cards room, and guest accommodations. Revel in an incredible primary wing with sitting room, dressing room, and glamorous bathroom, balustrade terraces, magnificent completely transformed English gardens, 'wedding-venue' outdoor entertaining with custom built bespoke garden house, and unforgettable finishes at every turn. Evoking Gatsby-era style with all the comforts of modern living, this Laurelhurst beauty is a true one of a kind. Discover a different kind of luxury in this peerless offering!
About this home
Architecturally significant and stunning design throughout this custom modern home tucked away in the West Hills on 10 acres within Forest Park. This home can not be recreated - from the imported stones and woods, the steel and glass exterior, the commercial level engineering and construction, and the countless craftsman who spent years building it. Walls of glass, 20+ foot ceiling heights, incredible outdoor living spaces, all combine to form both a home and a piece of art. Main level offers expansive great room, floor to ceiling steel fireplace, commercial-level chef's kitchen with pizza oven, door out to covered patio taking in views of the yard, Forest Park, and four mountains. The main floor also offers an extra bedroom suite. Elevator access to all floors including the top floor primary suite with spa-bath, open office with incredible views, and the third bedroom suite. Lower level offers flexibility with a family room, sound-proof recording studio, work-out area, as well as a full length indoor pool and spa with sauna, steam room, and showers. The property is complete with a detached private guest house with separate driveway and entrance. Complete with 6 car garage, state of the art technology throughout the home, stunning grounds, and outdoor gas fire pit. All this just minutes to NW 23rd and everything downtown Portland has to offer. Unparalleled privacy and a lifestyle for the truly discerning.
About this home
Cedarhurst is more than a residence. It is a lifestyle rooted in heritage and enriched by thoughtful design. Tucked atop a graceful circular driveway and framed by fervent landscaping, this distinguished 1895 estate has been masterfully transformed through a remarkable renovation completed in 2023. Wrapped in timeless wood siding, the exterior reflects both enduring quality and refined beauty. The manicured front grounds conceal a 6-car underground garage, while the adjacent 2-car garage ensures convenience. Elevated outdoor living includes a heated in-ground current pool with covered lounging area, greenhouse, and full sprinkler system. Inside, elegant herringbone oak floors lead to a grand entry, flanked by a formal living room boasting three sets of french doors and a refined library with built-ins and a mantled fireplace. The kitchen is a masterclass in form and function, anchored by a generous island and featuring quartz countertops, Hestan range, dual sinks, dual dishwashers, and built-in fridge. As you ascend the main staircase, you'll land in the light-drenched sunroom with bench seating overlooking the lush backyard. With 8 well-appointed bedrooms and 7.5 baths over three levels plus a finished basement, this estate offers exceptional scale without compromising intimacy. Cedarhurst endures not only as a home, but as a generational legacy with a harmonious blend of history, craftsmanship, and refinement.
About this home
THE SHAW HOUSE-John Yeon designed true Mid Century Modern. Masterfully restored/renovated as part of the 2015 Street of Dreams. This home is an inspiration with it's 1950's design and style coupled with all of today's amenities including single level living, wine cellar, media room, pool and pool house/party room, 25,000 square foot private lot with three outdoor fire places, covered outdoor living area and protected commanding Mt. Hood and valley views. A "forever home" in the sought after Forest Highlands neighborhood. This home is special, the lot is spectacular, the location is a 10 and the quality is unmatched. This is one that must be experienced in person to be fully appreciated. Seller carried financing available.
About this home
Nestled on an incredibly rare eight private acres in Portland’s prestigious Southwest Hills, the historic Merlo Estate is a rare opportunity to enjoy timeless European sophistication in a stunning vineyard setting designed for epic entertaining. Built in 1939, this stately French Provincial residence was home to influential Portlanders whose business, civic and philanthropic legacies shaped the city. This refined sanctuary features grand entertaining spaces indoors and out, boasting breathtaking vineyard views and resort-style amenities—including a saltwater pool, private tennis courts, and a fully equipped outdoor kitchen. Steeped in a rich history with a timeless allure, this extraordinary estate awaits its next chapter. Located in unincorporated Multnomah County. Features include gated entrance, French Provincial architecture with stucco exterior, an attached three-car garage and detached 1070 sq. ft. garage with industrial kitchen, break room, & workshop, saltwater pool, lighted tennis court and vineyards. Behind the grand gates, this estate unfolds like a storybook, blending classic European charm with an entertainer's dream setting. The timeless architecture—tall, steeply pitched hipped roof, a flat stucco façade adorned with painted shutters, copper accents, and an arched entryway—epitomizes the enduring appeal of French Provincial design, a style that was second only to Colonial Revival in popularity at the time of construction. Step inside, where warmth and refinement blend seamlessly throughout the home. The interiors, designed for intimate gatherings and lavish entertaining, offer expansive rooms, exquisite millwork custom-designed for Merlo, and rooms bathed in natural light. The main floor's living room offers breathtaking views of the surrounding landscape. Opening directly to the expansive patio, this space provides a stunning backdrop of the pool and vineyard for hosting unforgettable memories.
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