Most Expensive Homes for Sale in Portland, OR Right Now
Last updated: March 14, 2025
Homes for sale in Portland have a median list price of $489K, 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
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.
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
Cedarhurst. Where English Countryside, character and tradition meet high style in this private estate on 1.65 acres in the coveted Dunthorpe neighborhood. Cedarhurst has modern amenities for today’s lifestyle, while maintaining its presence of yesteryear. It is seemingly effortless and chic with a hip feel. The property’s expansive interiors are defined by impeccable style and the use of the highest quality materials and luxurious fixtures and fittings. Appointments reminiscent of Ralph Lauren have the sophistication of a London townhome but with grand scale spaces and generous room sizes. Glorious principal rooms are a study in craftsmanship and detail. A generous use of crown molding, french doors, hardwood floors, high ceilings, and six fireplaces effuse a feeling of substance. The overall affect is that of an extremely comfortable family home. Designed by noted architects Whidden and Lewis, the residence is poised majestically on impressive grounds. A sweeping driveway is intercepted by a six car heated garage built into the landscape. The exterior grounds feature a lush lawn, greenhouse, brick walkway and portico. Just off the stunning family room’s french doors is a current pool with an entertaining and sitting area with fireplace. This home is across from the Willamette River and near Portland’s Downtown area, yet seems far away. Recent owner renovations include updated electrical and plumbing, a major kitchen remodel, new engineered hardwoods, all new bathrooms, custom closets, updated lighting, new wall panels and moulding, custom drapes, and a fabulous laundry room. A stunning kitchen renovation includes top of the line appliances. The fireboxes were rebuilt and the chimneys and fireplaces resurfaced. An Encore Video AV system is throughout with a Control 4 system operated by phone or tablet. A major landscape restoration includes an electronic entry gate, an intercom system w/ audio and video capabilities and new outdoor lighting. River views on 3rd Floor.
About this home
Discover unparalleled luxury w/ this 25 acre estate, offering stunning views of the Cascades, Mount Hood, Mount Adams, and the Coast Range. Built by Eurohomes & RH Construction, the home boasts hand-cut Camas basalt stone entry w/ window sills, real stucco, a cement tile roof, Andersen windows & doors. Inside, you'll find 5 bedrooms & 7 bathrooms, including 4 ensuite bedrooms upstairs. Custom details include a solid oak front door from Portland’s historic city hall, limestone floor & stairs in the entry, along w/ a limestone fireplace in the living room. Santos mahogany hardwood floors w/ wenge accents & radiant heat throughout the first floor & master bath. The gourmet kitchen is fitted with cherry cabinetry, a slate floor with Ann Sacks tile accents & a large island. All hardware is Bouve Pewter & the main stair rail is hand hammered metal imported from Columbia. Three fireplaces grace the home—gas in the family & master rooms, wood burning in the living room w/ gas igniter. The outdoor space features a mahogany deck, a Gunite pool & spa w/ safety covers, a new gas heater, & filtration system. The 18-stall barn built in 1999, complete w/ Euro-front hardware, includes heated wash stalls, a full bathroom, tack room, heated office, hayloft, with both indoor & outdoor arenas. Old barn used for hay storage is built w/ timber off the farm. Nine pastures with New Zealand fencing & five all-weather turnouts provide ideal space for horses. The estate also includes a 2-bedroom farmhouse with a new furnace & water heater. The property also has additional modern upgrades like two gas water heaters, two furnaces, new air conditioning units, and a gas generator capable of running key home systems. This estate is just a short drive from downtown Portland, making it an exquisite blend of functionality and luxury. Owner will also consider a lease.
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.
About this home
Newly priced! Welcome to Rustique Raffiné, your dream estate within the highly sought after luxury development, Oswego Reserve, the site of the 2025 NW Natural Street of Dreams. This luxury residence seamlessly blends modern elegance with the relaxed charm of Old World France, creating a timeless aesthetic that combines organic elements with refined sophistication. Presented by multi-year best of show NW Natural Street of Dreams Builder, This expansive 5964 square-foot home features an open-concept design, grand vaulted ceilings, and natural wood details . French oak flooring, over-grouted stone accents and expansive windows throughout, create a seamless blend of natural elements and modern luxury. The kitchen is a culinary haven, featuring natural leathered quartzite countertops, rift oak cabinetry, stone accents, gorgeous arched windows, luxury appliances and a thoughtfully designed butlers pantry for added convenience. The grand living room presents a striking stone fireplace with concrete plaster accents, built-in rift oak cabinets, and an expansive sliding door, excellent for indoor-outdoor living use. The spacious primary suite is a retreat of its own, with large windows, a floor-to-ceiling stone fireplace, custom lighting and a luxurious spa-like bathroom. With main level living, three additional on-suite bedrooms, a dedicated office and a mud room, this home is designed for both functionality and comfort. The lower level of this home is designed to captivate and indulge, evoking timeless and surprising elements at every turn. Ideally situated on an expansive 0.87 acre lot, backing to a lush green space, this property presents the perfect opportunity to design your private & personal outdoor sanctuary. Ideally located in Lake Oswego's esteemed Forest Highlands neighborhood, just minutes to vibrant amenities, championship golf, shopping, dining, trails & more!
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