Oregon’s diverse landscape offers a wide range of housing options, from coastal retreats and forested hideaways to urban living in vibrant cities. With a budget of $1 million, buyers can expect a variety of high-quality homes that reflect the character of each region.
Whether it’s a modern residence with panoramic mountain views, a custom-built home on acreage, or a classic property with vintage charm, Oregon’s real estate market delivers strong value at this price point. Here’s a look at what $1 million can buy in different parts of the state.
10. Happy Valley, OR – $1,080,000
This expansive 5,186-square-foot luxury home features 6 bedrooms, 3 full baths, and 1 partial bath, with elegant design elements throughout. Built in 2002 and perched above the neighborhood, it offers a 25-foot entryway, formal entertaining areas, hardwood floors, and a spacious family room.
The gourmet island kitchen includes custom cabinetry, upscale finishes, and a walk-in pantry, while the private primary suite features a balcony, marble details, and a glass block shower. With a large bonus room and a versatile 800-square-foot nanny quarters above the garage, this residence is valued at $1,080,000.
Where is Happy Valley?
Happy Valley is a suburban city located in Clackamas County, just southeast of Portland. Nestled at the base of the Cascade foothills, it offers scenic views and a mix of residential developments and natural landscapes. The city has experienced rapid growth in recent years, becoming one of the fastest-growing communities in the Portland metropolitan area. Its proximity to Portland provides residents with convenient access to urban amenities while maintaining a quieter, suburban atmosphere.
Living Room
This living room features a high ceiling with a towering wall of windows that let in natural light. A traditional fireplace is framed by detailed molding and a built-in alcove. The hardwood flooring complements the carved wood furniture and classic area rug. Multiple seating arrangements create a formal, symmetrical layout.
Kitchen
The kitchen includes dark wood cabinetry with glass-front upper cabinets and granite countertops. A central island offers extra prep space and seating for two. Stainless steel appliances, including a double oven and side-by-side refrigerator, are built-in. Recessed lighting and tile flooring complete the design.
Bedroom
The primary bedroom includes a tray ceiling with recessed lighting. Two windows flank the bed, with a sliding door leading to an outdoor area. Neutral carpet covers the floor, and matching furniture provides built-in storage and surface space. Light fixtures are mounted on nightstands on either side of the bed.
Bathroom
This bathroom includes a built-in soaking tub beneath three large windows with a view of the backyard. A double-sink vanity with a wide mirror and dark wood cabinetry offers ample counter space. Tile flooring and wall finishes match the tub surround. Light fixtures above the mirror provide overhead lighting.
Balcony
The balcony overlooks a wooded residential area with treetops and distant houses visible. It is finished with artificial turf flooring and a black metal railing. Outdoor seating includes a rocking chair, a recliner, and a small table. The space is set up for relaxation with scenic views.
Source: Lizbeth Hale of Tree City Real Estate, info provided by Coldwell Banker Realty
9. Manzanita, OR – $1,060,000
This custom-built 1,608-square-foot Craftsman home features 2 bedrooms and 2 bathrooms, and is valued at $1,060,000. Located less than a block from the beach, it offers a seamless indoor-outdoor layout with French doors opening to a south-facing Ipe hardwood deck and balconies off each upstairs bedroom.
The kitchen includes soapstone countertops, a farmhouse sink, stainless steel appliances, and a gas range, while the living room centers around a wood-burning fireplace with propane assist. A partially finished 715-square-foot basement provides additional space, all set on a private, elevated lot surrounded by mature landscaping and ocean breezes.
Where is Manzanita?
Manzanita is a small coastal city located in Tillamook County along the northern Oregon Coast. It sits just off U.S. Highway 101, nestled between Neahkahnie Mountain and the Pacific Ocean. The city is known for its quiet, scenic beach, charming downtown area, and proximity to Oswald West State Park. Manzanita offers a peaceful getaway with outdoor recreation, local shops, and stunning ocean views.
Living Room
The living room features a vaulted wood ceiling with exposed beams and built-in bookshelves lining one wall. A river rock fireplace serves as the central focal point, with a wide mantel and wood-burning firebox. French doors lead out to the deck, bringing in natural light. A structural column painted in teal adds a distinct architectural detail.
Dining Room
This open-concept space combines the dining area and kitchen beneath a continuous wood-beam ceiling. Large windows line the wall, providing views of the yard. The kitchen includes a farmhouse apron sink, granite countertops, and stainless steel appliances. A wooden dining table with seating for eight is positioned in the center of the room.
Bedroom
The bedroom is spacious with neutral carpeting and recessed lighting. A large bed is positioned beneath a window, and a separate sitting area includes a desk and chair. There are two doors—one leading to an en suite bathroom and another to the hallway. Closet space is built into the wall.
Bathroom
This bathroom includes a clawfoot tub under an angled built-in shelf and a red-toned wood vanity with a stone countertop. A skylight and three windows provide natural light. Fixtures include a wall-mounted mirror, lighting, and a single basin sink. A separate shower is located just outside the frame to the left.
Deck
The deck is constructed from wood planks and bordered by a simple railing. Surrounded by mature trees, it offers partial privacy and filtered views. There is space for seating and a small stack of firewood. Access appears to be from the interior through a side door.
Source: Jenna Edginton of More Realty, info provided by Coldwell Banker Realty
8. Bend, OR – $1,149,000
This 3,113-square-foot custom home features 4 bedrooms, 3 full bathrooms, 1 half bathroom, and is valued at $1,149,000. Situated on a 0.28-acre corner lot, it includes a 3-car garage, RV parking, and European-inspired details such as pecan hand-scraped hardwoods, a stack stone gas fireplace, and 10-foot ceilings. The chef’s kitchen offers granite slab counters, a large island, a 5-burner gas range, double ovens, an oversized refrigerator, and a butler’s pantry with wine storage.
The main-level primary suite includes a jetted tub, stone shower, double vanity, and patio access to a hot tub, while additional spaces include a home office, bonus room, and a fully fenced yard with patio and pergola.
Where is Bend?
Bend is located in Central Oregon, on the eastern edge of the Cascade Mountain Range. It sits along the Deschutes River and is the largest city in Deschutes County. Bend is known for its high-desert climate, outdoor recreation opportunities, and proximity to both mountains and forests. It serves as a hub for activities like hiking, skiing, and mountain biking, drawing residents and visitors year-round.
Kitchen
The kitchen includes granite countertops, wood cabinetry, stainless steel appliances, and a built-in double oven. A large island with a sink faces a raised bar seating area with three pendant lights overhead. Four leather bar stools are lined up on the opposite side. Hardwood flooring runs throughout the open layout.
Living Room
The living room has vaulted ceilings and a stone-faced gas fireplace with a mounted TV above. A sectional sofa is centered around the fireplace. A staircase with wrought iron railing leads to the upper level. Large windows and dark wood trim provide contrast to the light walls and ceiling.
Bedroom
The bedroom features a vaulted ceiling with recessed lighting and a ceiling fan. A gas fireplace is built into the wall across from the bed. Neutral carpet covers the floor and double wood doors open into the hallway. The room includes additional space for storage or a seating area.
Bathroom
The bathroom includes a tiled jetted tub beneath two large frosted windows. A double vanity with wood cabinetry is divided by a central tower cabinet for added storage. Countertops and backsplashes are tiled to match the overall earthy tone. A tiled walk-in shower with a glass door is visible to the right.
Backyard
The backyard features a concrete patio with a built-in stone seating wall and a pergola for shade. Outdoor furniture surrounds a fire pit in the center of the patio. The lawn is bordered by mature trees and fully enclosed with fencing. The house includes RV parking along the side.
Source: Korren V. Bower of Cascade Hasson SIR, info provided by Coldwell Banker Realty
7. Salem, OR – $1,149,990
Valued at $1,149,990, this 3,440-square-foot custom home offers 5 bedrooms, 4 full bathrooms, and 1 half bathroom on a private 2.25-acre lot backing to open farmland. The interior features include detailed trim work, classic wainscoting, large windows, two fireplaces, built-in speakers, and a spacious great room that opens to a covered back patio.
The kitchen and adjoining living areas are designed for both functionality and style, accommodating everyday living and entertaining. Additional highlights include an oversized garage and a dedicated shop space for storage or projects.
Where is Salem?
Salem, Oregon is located in the northwestern part of the state and serves as the capital of Oregon. It lies in the Willamette Valley, roughly halfway between Portland to the north and Eugene to the south. The city sits along the Willamette River, which separates Salem from West Salem in Polk County. As the state capital, it is home to many government offices and institutions, while also offering access to parks, vineyards, and cultural attractions.
Living Room
This living room includes a large sectional sofa facing a fireplace with a mounted TV. Hardwood floors run throughout the space, and a white-painted mantel frames the firebox. A set of glass-paneled front doors is visible through the open entryway. Wall sconces and recessed ceiling lights provide illumination.
Kitchen
The kitchen features white cabinetry, granite countertops, a stainless steel range hood, and a large built-in refrigerator. A raised breakfast bar with four chairs separates the kitchen from the adjacent seating area. Two crystal pendant lights hang above the bar. Hardwood flooring continues through both spaces.
Game Room
The game room has a pool table centered on a rug with a large picture window facing the street. The walls are painted blue above white wainscoting. A modern chandelier with crystal detail hangs above the table. A hallway to the left leads to other rooms and a visible laundry area.
Bedroom
The bedroom includes a tray ceiling with recessed lighting and a ceiling fan. French doors and two tall windows provide natural light and access to the patio. The room is furnished with a bed, bench, dressers, and nightstands. Hardwood flooring and neutral paint tones continue the design theme from the rest of the home.
Patio
This outdoor area features a brick patio with a covered section and a separate fire pit seating area. A variety of trees and shrubs line the edge of the yard, offering shade and privacy. The covered patio includes string lights and an outdoor bar setup. Glass doors connect the space to the interior of the home.
Source: AMANDA. BORGARO of Premiere Property Group, Llc Albany, info provided by Coldwell Banker Realty
6. Bandon, OR – $1,199,000
This 2,699-square-foot single-story custom home features 3 bedrooms, 3 bathrooms, an office, and a 3-car garage with Smart Garage Door Openers and added storage. The Great Room layout includes high ceilings, ocean-inspired glass tile, quartz finishes, a propane fireplace with a live-edge Native Oregon Big Leaf Maple mantle, and access to a covered patio.
The kitchen offers a 14-foot center island with an eating bar, walnut cabinetry, a propane gas range with pot filler, and a coffee bar, while the primary suite includes a steam shower, cast iron soaking tub, double sinks, and radiant heated tile flooring. This thoughtfully designed residence is set on a private acre and is valued at $1,199,000.
Where is Bandon?
Bandon is a small coastal city located in Coos County on the southern Oregon Coast. It sits along the Pacific Ocean at the mouth of the Coquille River, about 90 miles north of the California border and 24 miles south of Coos Bay. Bandon is known for its scenic beaches, dramatic rock formations, and world-class golf courses, including the renowned Bandon Dunes Golf Resort. The town also features a historic Old Town district and is a hub for cranberry farming and coastal recreation.
Living Room
The living room has high ceilings, recessed lighting, and wide plank flooring. A linear fireplace with a blue tile surround sits at the center wall beneath a wood mantle. Large windows and glass doors provide natural light and direct access to the backyard. A ceiling fan is installed above the seating area.
Kitchen
The kitchen features a large island with waterfall-edge countertops and wood cabinetry throughout. A stainless steel range, hood, and refrigerator are paired with a mosaic tile backsplash. Pendant lighting hangs above the island. High clerestory windows bring in additional daylight.
Bathroom
This bathroom includes a long vanity with dual sinks and wood cabinetry. Two rectangular mirrors and horizontal light fixtures are mounted above each sink. The flooring is continuous with the rest of the home. A toilet and shower/tub combo are located in a separate alcove.
Laundry Room
The laundry room has a washer and dryer beneath a long quartz countertop, with upper and lower wood cabinetry for storage. Large windows provide daylight and a view to the outside. Recessed lighting is installed overhead. The space connects directly to the kitchen area.
Backyard
The rear of the home features a mix of siding and panel finishes under a low-sloped roof. A small concrete patio extends from the back entrance, with gravel edging around the perimeter. Windows line the rear wall, facing a grassy area with trees. The backyard offers partial shade from mature trees.
Source: Mel Garrett of Chas. Waldrop Real Estate LLC., info provided by Coldwell Banker Realty
5. Corvallis, OR – $1,200,000
This 2,741-square-foot home features 5 bedrooms, 3 full bathrooms, and a 3-car garage, and is valued at $1,200,000. The main level includes a luxurious primary suite with a walk-in closet, dual shower, and soaking tub, as well as a flexible office that can serve as a fifth bedroom. The chef’s kitchen offers slab granite counters, cherry cabinets, and stainless steel appliances, and extends into a dining area with custom built-ins.
Additional highlights include a stone-surround gas fireplace in the living room, rich mahogany floors, a mudroom with coat hooks, a bench, a sink, and expansive windows showcasing Cascade Mountain views.
Where is Corvallis?
Corvallis is located in the western part of the state, in Benton County, within the Willamette Valley. It sits along the Willamette River, approximately 90 minutes south of Portland and about 45 minutes north of Eugene. Corvallis is home to Oregon State University, which plays a central role in the city’s economy and culture. The area is known for its mix of academic life, outdoor recreation, and access to nearby farmland and forests.
Living Room
The living room features a stone fireplace with a wood mantle and built-in shelving on either side. Floating wood shelves and base cabinetry provide both storage and display space. Recessed lighting is installed in the ceiling. Large windows and a glass door offer natural light and access to a covered deck.
Eat-in Kitchen
The kitchen includes stainless steel appliances, a tile backsplash, and a central island with pendant lighting. The cabinetry features a two-tone finish with wood on the lower units and muted gray on the uppers. An informal dining area sits adjacent to large windows offering natural light and exterior views. Wood flooring runs throughout the space.
Bathroom
This bathroom has a double vanity with a marble-look countertop and wood cabinetry. Above the sinks are two wall-mounted mirrors with lighting fixtures. A soaking tub with tile surround is placed beneath a window. The flooring is tiled in a neutral gray tone.
Office
The home office has a wide window facing the front yard and includes a mix of desks, shelving, and media furniture. Carpeted floors contrast with the room’s light walls and ceiling. A modern ceiling fixture provides overhead light. The space is arranged for both work and media use.
Deck
The deck includes composite flooring and a glass railing overlooking a neighborhood and surrounding countryside. The space is large enough for outdoor seating and a grill. The roof overhang provides partial coverage. The view features rooftops, trees, and open fields in the distance.
Source: JODI. ELLIOTT of Connected Real Estate Group, info provided by Coldwell Banker Realty
4. Gresham, OR – $1,200,000
This 4,284-square-foot home includes 4 bedrooms, 3 full bathrooms, 1 half bathroom, and is valued at $1,200,000. The main level features a gourmet kitchen with quartz countertops, custom cabinetry, a cook island, and high-end appliances, along with a formal dining room, butler’s pantry, office, and a primary suite with private deck and spa-like bathroom.
The lower level offers two additional bedrooms, a full bath, a large bonus room, a flexible workout area, and a kitchenette/bar. Outdoor amenities include a back patio and fireplace, ideal for gatherings and outdoor cooking.
Where is Gresham?
Gresham is located in Multnomah County, in the northwestern part of the state. It sits just east of Portland and is part of the Portland metropolitan area. Gresham offers a mix of urban and suburban environments with access to public transit and major highways. The city is close to outdoor attractions like the Columbia River Gorge and Mount Hood, making it convenient for both city amenities and nature activities.
Living Room
This living room features a vaulted ceiling, a large arched window with wood trim, and a stone fireplace with a mounted TV above. Neutral carpeting spans the space, and two red leather chairs sit in front of the window. A sectional sofa and wood coffee table complete the seating area. Recessed ceiling lights provide overhead illumination.
Kitchen
The kitchen includes a large center island with a raised bar area and cooktop, surrounded by barstool seating. White cabinetry lines the perimeter, with a pantry and stainless steel appliances. A windowed wall allows natural light into the workspace. Tile flooring continues throughout the kitchen and into adjacent spaces.
Bedroom
The bedroom has carpeted floors and sliding glass doors that open to a balcony with a view of a green backyard. A wood-frame bed is centered between two matching nightstands. A ceiling fan with a light fixture is installed above. There’s also a high horizontal window above the bed’s headboard.
Bathroom
This bathroom features a freestanding clawfoot tub with chrome fixtures and a walk-in tiled shower with a glass enclosure. Beige tile flooring runs throughout. The space is softly lit with wall lighting and a chandelier. A framed artwork is mounted on the wall above the tub.
Rear View
The back of the home shows a two-level layout with large windows and multiple decks connected by stairs. A lower patio with a fire pit sits on the lawn. Landscaping includes grass, gravel, and terraced planting beds. Trees and fencing provide privacy on all sides.
Source: Denise Crane of RE/MAX Advantage Group, info provided by Coldwell Banker Realty
3. Lake Oswego, OR – $1,200,000
This 2,866-square-foot home offers 5 bedrooms and 3 full bathrooms, and is valued at $1,200,000. The main floor includes a sitting room, one bedroom with a full bath, and an open living area with bay windows and sliding doors leading to a covered patio.
Upstairs are three bedrooms, including a primary suite with a walk-in tiled shower, upscale finishes, and ample closet space, while the lower level features a family room, office space, another bedroom, and a full laundry room. The property also includes a large backyard with a shed/garage and space for outdoor activities or gardening.
Where is Lake Oswego?
Lake Oswego is a city located just south of Portland in Clackamas County, with small portions extending into Multnomah and Washington counties. It is centered around Oswego Lake, a private, scenic lake that is a key feature of the community. Known for its upscale residential neighborhoods, top-rated schools, and vibrant downtown, Lake Oswego is a sought-after suburb within the Portland metropolitan area. The city also offers parks, trails, and access to the Willamette River, blending suburban comfort with outdoor amenities.
Entryway
This entryway features a wood front door with sidelights and a large transom window for natural light. Light wood flooring extends throughout the space, complemented by white walls and modern black stair railings. A few stairs lead up to the main living area, visible through an open railing. Slatted wood paneling accents the stair wall beneath the railing.
Living Room
The living room includes a large window with a view of the trees outside and a minimalist concrete fireplace. A slatted wood feature wall runs behind the fireplace and into the corner. The space includes neutral-toned furniture and a circular coffee table. Recessed lighting is installed in the ceiling.
Kitchen
This kitchen has light wood cabinetry, white quartz countertops, and a full-height tile backsplash. A large island with vertical wood slats and seating for four separates the kitchen from the dining space. Pendant lights hang over the island and recessed lights are installed throughout. Large windows bring in light and provide a view of the backyard.
Study
This small room is set up as a study with a simple desk, chair, and potted plant near a window. The ceiling is sloped, and a small window looks out to the yard. Light hardwood floors continue into this space, and white walls keep the area bright. A framed print hangs on one wall for minimal decoration.
Deck
The wood deck overlooks a landscaped yard and a backdrop of mature trees. The railing is wood with vertical slats. The deck is uncovered and offers open space for outdoor seating. The trees provide a natural screen from the road and surrounding homes.
Source: Valerie Pontius of Opt, info provided by Coldwell Banker Realty
2. Portland, OR – $1,350,000
This 3,071 sq. ft. European-style cottage offers 4 bedrooms and 3 full bathrooms on a private 0.29-acre lot with views of downtown Portland. The 1924 home includes artisan details such as a Juliet balcony, barrel-rolled ceilings, French pane windows, a spiral staircase, and an inglenook fireplace.
An updated kitchen with stained concrete countertops, a sunroom, and a finished basement with additional living space and workshop access complete the layout. The home is valued at $1,350,000 and sits on a lot that may allow for an ADU or division, subject to buyer due diligence.
Where is Portland?
Portland is located in the northwestern part of the state, near the confluence of the Willamette and Columbia Rivers. It sits just south of the Washington border, with the city of Vancouver, Washington directly across the Columbia River. Portland is about 70 miles east of the Pacific Ocean and roughly 50 miles west of Mount Hood. It is the largest city in Oregon and serves as a cultural, economic, and transportation hub for the region.
Living Room
This living room features a vaulted ceiling, a large central window, and hardwood flooring. A fireplace with a built-in inglenook sits beneath an interior Juliet balcony. The seating area is arranged around a central coffee table and TV setup. Arched doorways and exposed beams add architectural distinction.
Dining Room
This living room features a vaulted ceiling, a large central window, and hardwood flooring. A fireplace with a built-in inglenook sits beneath an interior Juliet balcony. The seating area is arranged around a central coffee table and TV setup. Arched doorways and exposed beams add architectural distinction.
Kitchen
The kitchen includes stainless steel appliances, open shelving, and wood cabinetry. A curved breakfast bar is integrated above a descending spiral staircase. Windows above the sink bring in exterior light. The layout is open and functional, with a pendant light above the counter area.
Bathroom
This bathroom contains a pedestal sink, a walk-in shower, and a freestanding clawfoot bathtub. It has tiled floors and a window view of stone landscaping outside. A mirror and sconce lighting are mounted above the sink. The walls feature wainscoting and painted paneling for contrast.
Deck
The backyard includes a spacious wood deck bordered by shrubs and stone retaining walls. There are two separate seating areas with chairs and a dining table. A red patio umbrella provides shade. The space is private and overlooks a mix of landscaped and natural areas.
Source: James Coon of Windermere Realty Trust, info provided by Coldwell Banker Realty
1. Florence, OR – $1,299,000
This custom 4-bedroom, 3.5-bathroom home spans 3,184 square feet and is situated in Florence’s gated Southview community. The interior features Brazilian Cherry floors, granite countertops, cathedral ceilings, and a marble gas fireplace.
Located at the end of a quiet street, the property offers privacy, expansive ocean and valley views, and a spacious yard suited for pets, gardening, or outdoor gatherings. The home is valued at $1,299,000.
Where is Florence?
Florence is a small coastal city located on the central Oregon Coast, about 60 miles west of Eugene along Highway 126. It sits at the mouth of the Siuslaw River and is bordered by the Oregon Dunes National Recreation Area, offering access to expansive sand dunes, beaches, and forested trails. Florence is known for its historic Old Town district, scenic boardwalk, and iconic Siuslaw River Bridge. The area is popular for outdoor activities like dune buggy riding, clamming, fishing, and exploring nearby state parks such as Heceta Head and Jessie M. Honeyman Memorial State Park.
Living Room
This living room features a gray sectional sofa centered on a rug with a flat-screen TV and a wall-mounted fireplace. Large windows to the left bring in natural light and showcase coastal views. Hardwood floors add contrast to the white walls and ceiling. The space connects directly to an outdoor deck through a glass door.
Dining Area
An open dining area adjacent to a white kitchen with recessed lighting and granite countertops. A dark wood dining table with padded chairs sits in the center of the room. A wide window looks out onto the backyard slope. The hardwood flooring is consistent throughout the space.
Kitchen
This closer view of the kitchen shows white cabinetry, stainless steel appliances including double ovens, and black countertops. The pantry door features frosted glass with a decorative design. Crown molding is visible along the tops of the cabinets. The space is well-lit with recessed lights.
Bedroom
The bedroom includes a tufted headboard bed placed against a wall with built-in shelving. Carpeted floors and white wainscoting line the room. Two nightstands with lamps sit on each side of the bed. A doorway leads to a hallway and adjacent rooms.
Deck
A large raised deck with white railings and built-in bench seating, facing west toward the ocean. Several homes are visible below on the sloped street, with the water in the background. Trees and blooming bushes line the left edge of the deck. The space is designed for outdoor seating and overlooks the surrounding neighborhood and coastline.
