Oregon’s real estate market is a paradise for luxury buyers, offering everything from oceanfront estates along the Pacific to sprawling vineyard retreats in the Willamette Valley. In Portland’s affluent neighborhoods like Dunthorpe and the West Hills, modern mansions boast panoramic city views, cutting-edge design, and lavish amenities.
Meanwhile, Central Oregon’s high-end mountain lodges provide private escapes with ski-in, ski-out access and breathtaking Cascade Range scenery. Whether it’s a sleek waterfront home or a secluded woodland retreat, Oregon’s most expensive properties redefine Pacific Northwest luxury.
Now, let’s take a look at the five most expensive homes in the Beaver State.
5.West Linn, OR – $5,750,000
Old-world charm meets modern luxury in this $5,750,000 Tuscan-style villa on Pete’s Mountain, spanning 6,500 sq. ft. with 4 bedrooms and 6 bathrooms, set within an exclusive vineyard. Blending Italian villa elegance with rustic craftsman design, the single-level home features natural stone, authentic clay tile roofing, and massive wooden beams.
A private courtyard leads to a repurposed stone barn with a virtual golf setup. The primary suite offers direct access to an infinity-edge pool, while two upper-level suites and a private casita provide guest accommodations. Outdoor amenities include a covered kitchen, fire pit, and resort-style pool with vineyard views. The estate also features a barrel room for enjoying Tumwater Vineyard’s latest releases.
Where is West Linn?
West Linn, Oregon, is a suburban city located south of Portland along the Willamette River. It is known for its historic Willamette Falls, one of the largest waterfalls in the U.S. by volume. The city has a strong focus on parks and outdoor recreation, with trails, green spaces, and river access for boating and fishing. West Linn’s neighborhoods are known for their tree-lined streets, well-rated schools, and community-oriented atmosphere. The city also has a rich history tied to early Oregon pioneers and the lumber industry.
Living Room
Vaulted ceilings with exposed beams add height to a bright and spacious living room. Large arched windows bring in natural light, showcasing the view beyond. A stone fireplace serves as a focal point, balancing warmth with architectural detail. Plush seating arranged around a central coffee table creates an inviting gathering space. Decorative accents, including vintage trunks and artwork, complete the room’s character.
Kitchen
Open-concept design connects a kitchen and dining area, blending function with style. A large island with bar seating faces a range with a detailed wood hood. Arched openings lead to an adjoining living space, framed by decorative columns. A long wooden dining table with woven chairs sits nearby, adding casual seating. Dark cabinetry contrasts with lighter walls, enhancing the kitchen’s warmth.
Dining Room
Rustic wood tones and elegant lighting define a spacious dining room. A large wooden table surrounded by high-backed chairs sits beneath a wrought-iron chandelier. Framed botanical artwork and decorative greenery accent the neutral walls. An arched window allows natural light to highlight the space. A sideboard in the background holds candles and additional décor.
Golf Simulator
A home golf simulator brings the experience of the course indoors. A large projection screen displays a scenic fairway, complete with distance and shot tracking. Green turf mats provide a realistic hitting surface, with clubs neatly stored nearby. Double wooden doors lead to another section of the home. Overhead lighting ensures clear visibility for practice sessions.
Pool
Sunset colors reflect off an infinity pool overlooking rolling greenery. A stone-lined water feature flows into the pool, blending with the natural surroundings. Lounge chairs line the edge of the deck, facing the open view. A covered seating area with warm lighting provides a shaded retreat. Palm trees and manicured shrubs add to the serene outdoor setting.
Source: Joelle Lewis and Peggy Williams @ eXp Realty, LLC. via Coldwell Banker Realty
4. Lake Oswego, OR – $6,940,000
Valued at $6,940,000, this European-inspired estate on Oswego Lake offers 7,220 sq. ft. with 5 bedrooms and 7 bathrooms, featuring two separate ADUs within a detached garage. Designed for accessibility, the home includes two elevators—one from the garage to the main house and another serving all levels.
The property blends elegance and functionality with a gourmet kitchen, vaulted owner’s suite in a turret, a soundproof music room, a bar, a 600-bottle wine cellar, a gym, and an indoor/outdoor spa. Outdoor amenities include a Travertine sport court, lakeside kitchen, firepit, pool, and a private courtyard. Fully renovated in 2008 with an earthquake retrofit, this estate is one of Oswego Lake’s most unique properties.
Where is Lake Oswego?
Lake Oswego, Oregon, is a suburban city located south of Portland, known for its scenic lake, parks, and upscale residential areas. Oswego Lake is a central feature, offering private waterfront homes and recreational activities like boating and swimming.
The city has a strong arts and culture scene, with galleries, public art installations, and annual events like the Lake Oswego Festival of the Arts. Its downtown area features boutique shops, restaurants, and a farmers’ market. Lake Oswego also has highly rated schools and well-maintained public spaces, making it a desirable place to live.
Kitchen
Carved wood cabinetry and a central island create a striking kitchen design. A blue range hood stands out against neutral tones, adding a bold accent to the space. A small dining area with upholstered stools extends from the island, providing a casual seating option. Built-in appliances and detailed crown molding showcase the kitchen’s refined craftsmanship. A window above the sink frames an outdoor view, bringing in natural light.
Indoor Spa
Steps descend into a recessed indoor spa, surrounded by tiled walls with decorative inlays. A wood-paneled ceiling with skylights allows natural light to filter in. Wicker seating sits on an elevated platform, overlooking the water below. Ornate railings line the steps, complementing the room’s traditional design. Soft wall sconces provide additional lighting, creating a warm and inviting atmosphere.
Bedroom
Vaulted ceilings with carved wood accents frame a bedroom filled with natural light. A curved sitting area with bay windows overlooks the water, offering a scenic retreat. Red and gold drapery adds richness to the space, coordinating with the plush carpet underfoot. A grand bed with a tufted headboard sits against one wall, facing an elegant chandelier. Ornate furniture pieces and wall sconces complete the room’s sophisticated look.
Bathroom
Dual vanities, a jetted soaking tub, and a spacious walk-in shower define a luxurious bathroom. Cream-colored cabinetry with intricate detailing offers storage along a long countertop. A tiled alcove above the tub features a decorative backsplash, adding depth to the design. Plush robes and towels hang neatly on hooks, complementing the serene atmosphere. An open doorway leads to an adjoining walk-in closet, keeping everything within reach.
Lakeside Patio
Lakeside views stretch beyond a stone patio furnished with lounge chairs and seating. A row of manicured hedges adds privacy to the space, while potted flowers bring color to the setting. Water from the infinity-edge pool appears to blend with the lake in the background. A pathway leads to a small dock, offering direct access to the water. Trees and shrubs frame the space, enhancing the natural surroundings.
Source: Justin Harnish and Errol Bradley @ Harnish Company Realtors via Coldwell Banker Realty
3. Bend, OR – $9,900,000
The $9,900,000 private estate in The Highlands of Bend, Oregon, spans 11,515 sq. ft. with 5 bedrooms and 10 bathrooms on 10 acres with panoramic Cascade Mountain views. Designed by Harrison Design, the home features hand-selected Jerusalem stone, Murano chandeliers, and meticulous customization throughout.
The property includes a private guest home, an attached 4-car garage, a detached 4-car garage, and an RV garage with hookups and a dump station. Outdoor amenities include a pool, two outdoor kitchens, and a cabana with a changing room and shower. Located minutes from downtown Bend, schools, golf, and outdoor recreation.
Where is Bend?
Bend, Oregon, is a city in central Oregon known for its outdoor recreation and craft beer industry. It sits along the Deschutes River and offers activities like kayaking, fishing, and paddleboarding. Nearby, Mount Bachelor provides skiing and snowboarding in the winter, while Smith Rock State Park attracts rock climbers year-round.
Bend has a thriving downtown with local shops, restaurants, and breweries, earning it a reputation as a craft beer destination. The city’s high desert climate brings warm summers, snowy winters, and plenty of sunshine throughout the year.
Living Room
Curved balconies overlook a living room with a high ceiling and a grand stone fireplace. A large sectional sofa faces the fireplace and mounted television, creating a central gathering area. Iron railings on the balconies contrast with the soft tones of the walls and wood ceiling beams. Expansive windows allow sunlight to highlight the space while offering views of the outdoors. Arched alcoves and decorative trim add detail to the architectural design.
Kitchen
Brick and wood beams line a vaulted ceiling above a spacious kitchen with a long central island. Soft green cabinetry with ornate detailing provides ample storage, while open shelving displays dishware. Large windows bring in natural light, complementing the warm tones of the wood flooring. A chandelier and pendant lights illuminate the space, enhancing the classic design. A dining area sits beyond an arched entryway, offering a seamless transition for meals.
Dining Room
Gold-accented wallpaper and white columns frame a formal dining room with a polished wooden table. A glass chandelier hangs from a detailed ceiling, casting light across the space. Large windows provide a view of the landscape outside while brightening the interior. Classic wooden chairs with upholstered seats surround the table, arranged over a patterned area rug. A side table holds fine china and serving ware, adding function to the elegant setting.
Study
Rich wood paneling surrounds a study with built-in bookshelves and a coffered ceiling. A carved wooden desk sits atop a patterned rug, serving as the focal point of the room. Framed artwork and sculptures decorate the walls and surfaces, adding a curated feel. Tall windows allow natural light to stream in, casting shadows across the floor. Seating near the windows creates a quiet reading nook.
Home Theater
Dark patterned wallpaper surrounds a home theater with tiered seating in black leather recliners. A large screen dominates the front wall, flanked by built-in speakers. White crown molding contrasts against the dark ceiling, with recessed lighting adding ambiance. An arched doorway leads to an adjacent space, allowing for easy access. Musical instruments and décor items add personality to the corners of the room.
Source: Stephanie Wilson Ruiz and Jordan Grandlund @ Cascade Hasson Sir via Coldwell Banker Realty
2. Powell Butte, OR – $17,900,00
The Y Bell Ranch, a $17,900,000 fully operational cattle ranch, spans 435 acres with expansive Cascade Mountain views. The custom 8,863 sq. ft. main home features 5 bedrooms, 6 bathrooms, a grand entry with a see-through stone fireplace, a full bar, a theater room, and a 9,200 sq. ft. trophy room.
Additional structures include a 2,967 sq. ft. guest house, a 3,020 sq. ft. ranch manager’s house, an original barn, corrals, a main barn with 9 stalls and a foaling stall, an indoor arena with a bar, a shop with living quarters, a machine shop, and a hay and equipment shed.
Where is Powell Butte?
Powell Butte, Oregon, is a rural community located in central Oregon, east of Redmond and Bend. It is known for its wide-open landscapes, cattle ranches, and views of the Cascade Mountains. The area is home to Powell Butte Nature Park, which offers hiking, biking, and horseback riding trails. Agriculture, particularly hay and cattle farming, plays a significant role in the local economy. Powell Butte maintains a quiet, small-town atmosphere while being close to the larger cities of central Oregon.
Living Room
A stone fireplace anchors one side of the living room, flanked by glass doors leading to an outdoor space. Comfortable leather seating faces a mounted television, creating a casual entertainment area. Open archways connect to other parts of the home, maintaining a sense of flow. Wood floors and exposed beams reinforce the rustic design.
Kitchen
Vaulted ceilings with exposed beams tower over a kitchen designed with a blend of wood and stone materials. A central island with a butcher block countertop and distressed cabinetry adds functionality and character. Built-in appliances are integrated into the surrounding stonework, including a double oven and range with a copper hood. Hanging pendant lights illuminate the workspace, while arched windows bring in natural light. A pot rack above the island keeps cookware within reach.
Dining Room
Rustic elements define a dining room with a long wooden table surrounded by high-backed chairs. A stone archway frames the entrance, leading to walls finished in earthy tones and adorned with mounted longhorns. A chandelier resembling antlers hangs from the beamed ceiling, casting light over the space. A large mirror reflects the surroundings, enhancing the depth of the room. Heavy drapes frame a window that provides a view of the landscape outside.
Bedroom
Exposed beams stretch across the ceiling of a spacious bedroom with dark wood paneling and flooring. A four-poster bed stands against a textured wall, accompanied by plush linens and accent pillows. A stone fireplace with a mounted television serves as a focal point, positioned between two sets of glass doors leading outside. A seating area with a table and upholstered chairs provides a cozy corner. Natural light filters through the large windows, accentuating the warm tones throughout.
Bathroom
Natural stone walls frame a soaking tub positioned beneath an arched window with a scenic outdoor view. A vessel sink sits on a vanity with a textured mirror above, flanked by wrought iron sconces with candle-style lighting. Warm-toned plaster walls and a wood ceiling complement the rustic aesthetic. A wooden door leads to an adjacent space, while a chaise lounge rests nearby. Subtle lighting highlights the room’s materials and finishes.
Source: Rachel D Rhoden and Jered W Rhoden @ Cascade Hasson Sir via Coldwell Banker Realty
1. Portland, OR – $25,000,000
The $25,000,000 Tudor Revival estate in Portland’s West Hills spans 25,568 sq. ft. with 8 bedrooms and 15 bathrooms on 3.26 private acres. Originally built in 1930 by architect Roscoe D. Hemenway, it underwent a nearly $20 million renovation by JHL Design and Green Gables Restoration, blending historic charm with contemporary luxury.
The reimagined interior features imported materials, handcrafted finishes, and top-tier designer amenities. Offering panoramic views of Portland’s skyline and four mountains, this estate is designed for both grand entertaining and everyday living, preserving its legacy for future generations.
Where is Portland?
Portland, Oregon, is a city known for its vibrant arts scene, environmental focus, and independent businesses. It is home to a large network of parks and green spaces, including Forest Park, one of the largest urban forests in the country. The Willamette River runs through the city, dividing it into east and west sections connected by numerous bridges. Portland has a strong food and coffee culture, with a wide variety of food carts, craft breweries, and local roasters. The city is also known for its proximity to outdoor destinations like the Columbia River Gorge and Mount Hood.
Living Room
Dark paneled walls and a coffered ceiling frame a sophisticated living room with floor-to-ceiling windows. A grand fireplace with a carved mantel serves as the focal point, with built-in shelves on either side. Plush blue sofas contrast with the dark wood, arranged around a central coffee table. Two patterned armchairs sit near the windows, offering a place to enjoy the view. Soft lighting from sconces and lamps enhances the cozy atmosphere.
Dining Room
A long dining table with emerald green chairs fills a formal dining room with floor-to-ceiling windows. A modern chandelier with spherical lights hangs above, providing soft illumination. Dark glossy walls reflect the natural light from the windows, adding depth to the space. A large abstract painting decorates one wall, creating a focal point. A doorway leads to an adjacent room with a rustic wooden sideboard and additional lighting.
Billiard Room
Bold colors and rich textures fill the room centered around a sleek black pool table. Wall sconces and chandeliers provide illumination against deep green and burgundy walls. A marble fireplace adds warmth, with a built-in seating nook nearby. Dark curtains frame the windows, complementing the polished wood floors. High-top tables and barstools offer additional seating along the walls.
Bedroom
Deep tones and refined details shape a spacious bedroom with a built-in fireplace and a marble mantel. A tufted bed with a tall headboard sits against the far wall, flanked by matching nightstands and table lamps. A seating area with a plush sofa and accent chairs is arranged near the fireplace. Large windows with wood-trimmed blinds provide natural light and a view of the exterior. A long built-in bench under the windows offers additional seating and storage.
Indoor Pool
Exposed wooden beams form a striking pattern across the vaulted ceiling of an indoor pool area. Large windows bring in natural light, reflecting off the still water. Pendant lights hang from the beams, adding soft illumination to the space. Storage cabinets line one wall, and a seating area is placed near the far end. Sliding glass doors lead to an outdoor patio with scenic views.
Source: Terry Sprague @ Luxe Forbes Global Properties via Coldwell Banker Realty
