97034 Real Estate Search

97034 Homes between $4,000,000 and $5,000,000 for Sale

The real estate market around the 97034 area is characterized by an impressive selection of luxurious homes that cater to discerning buyers seeking exquisite properties with top-notch amenities. This region is known for its stunning views, serene surroundings, and proximity to vibrant community features, making it an attractive destination for affluent individuals and families. These homes often boast expansive floor plans, high-end finishes, and extensive outdoor spaces, perfect for entertaining and enjoying the picturesque landscapes. With a combination of modern design and timeless charm, properties in this price range present an excellent opportunity for those looking to invest in a prestigious lifestyle in a highly sought-after locale.

Our website features the best real estate search for homes between $4,000,000 and $5,000,000 available in 97034 and surrounding areas. It is the only site you will ever need! It is easy-to-use and updated by the official REALTOR®’s database every 15 minutes. 

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Newest 97034 Homes between $4,000,000 and $5,000,000 for Sale

$4,800,000
5 Beds 5 Baths 454582896 MLS
Built in 2024, this custom luxury estate in Lake Oswego's coveted Uplands neighborhood, just minutes from the Country Club, was designed to be lived in fully. Inside, the main level foyer gives way to a great room that joins seamlessly with the outdoors, then on to the dining room and a kitchen fitted with Monogram appliances and the kind of counter space that invites cooking together. Just down the hall, the generous primary suite is quiet and uncompromising in its attention to detail, from amenities to finishes. On the main floor you'll also find a full guest bath, home theater, den/office, and laundry on both levels, all featuring custom millwork, whole-home Sonos audio, and bespoke closet installations that speak to the care taken at every decision point.The second floor is home to the additional bedrooms and bathrooms, a gym, study, and oversized custom closets, the latter two already fitted for easy conversion into additional bedroom and bathroom space, offering flexibility for however your family chooses to live.Outside, beautifully landscaped grounds lead to a terraced backyard where a heated pool glows from below in the evenings, color-controlled from anywhere. The pool house, finished in 2025 and never previously used, anchors one end of a compound that includes an outdoor dining terrace with overhead heaters for comfortable year-round alfresco dining, a stone fireplace, and a built-in BBQ with an Evo grill. An infrared sauna with red light therapy panels sits adjacent, available on any given evening for whatever recovery or ritual the day calls for. App-controlled gates and a full perimeter security system with live camera monitoring and Generac generator complete the picture of a home that takes care of its people.This home can be offered turnkey and fully furnished, ready to receive its next family without a single thing left to do.

14760 UPLANDS DR, Lake Oswego

$4,995,000
4 Beds 4 Baths 125491562 MLS
Experience the pinnacle of lakefront luxury at 852 Northshore Road, an exceptional estate in one of Lake Oswego’s most coveted neighborhoods. This timeless waterfront home seamlessly blends classic elegance with modern sophistication, offering breathtaking lake views, refined architectural details, and a seamless indoor-outdoor lifestyle. Inside, high ceilings, rich hardwoods, and walls of glass flood the space with natural light and frame serene vistas throughout. The gourmet kitchen is a chef’s dream, featuring high-end appliances, custom cabinetry, and an oversized island perfect for entertaining. The main-level primary suite is a peaceful retreat, with tranquil water views and a spa-like bath complete with dual vanities, a soaking tub, and a walk-in tiled shower. Three additional bedrooms provide ample space for family and guests. Downstairs, enjoy a state-of-the-art media room, a spacious laundry and utility area, and a large recreation space that opens to multiple outdoor terraces. Step outside to manicured grounds and patios ideal for alfresco dining, lounging, or sunset watching. A private dock and charming boathouse invite endless lake adventures—whether boating, paddleboarding, or simply enjoying the quiet beauty of the water. Privately tucked behind a gated drive and just moments from downtown Lake Oswego’s shopping, dining, and cultural amenities, this rare offering is more than a home—it’s a legacy property that defines lakeside elegance.

852 NORTHSHORE RD, Lake Oswego

$4,995,000
6 Beds 7 Baths 729093728 MLS
Willamette Riverfront Estate blending Northwest Craftsman architecture with thoughtful modern updates. Originally built in 1913 and extensively reimagined in 2005-2006, this home is set on over an acre along one of Lake Oswego’s most sought-after stretches of riverfront. Rich woodwork, custom built-ins, high ceilings, and refinished hardwoods define the interiors. The kitchen opens to the family room and a window-wrapped sunroom with vaulted bamboo ceilings and panoramic river views. Features include a butcher-block island, 8-seat eating bar, and a 6-burner Wolf range. The updated butler’s pantry offers a secondary suite of appliances to enhance everyday function and entertaining. Formal living and dining, office with exterior access, and main-level guest suite. The primary suite offers a spa-like bath clad in Ann Sacks tile, complete with a fireplace-accented soaking tub, oversized walk-in shower, and recently renovated closet. The lower level is designed for entertaining, featuring a wet bar and seamless access to the backyard, pool, and riverfront. An upper-level bonus room is complete with a built-in rock climbing wall and interactive game elements. Outdoor features include an oversized dock with 2 boat lifts and 2 jet ski docks, a thoughtfully designed pool and spa, and two gas fireplaces. Gated entry, mature landscaping, and private setting in the Riverdale School District. Significant improvements completed in recent years include transformative exterior paint, a refreshed main-level statement fireplace and eating bar, remodeled butler’s pantry with integrated dual laundry, custom primary closet, and an elevated gangway system.

12790 S FIELDING RD, Lake Oswego

$4,650,000
5 Beds 6 Baths 424410152 MLS
RESORT LIVING ON LAKE OSWEGO’S WATERFRONTBest value on the main lake!Elevator. Level lawn. Low-bank waterfront. Rare, wide frontage. Exceptional multi-generational living.Welcome to an extraordinary waterfront retreat on Oswego Lake—where European-inspired elegance, modern luxury, and effortless lakefront living come together in perfect harmony. Tucked behind a remarkably private entrance, this exceptional estate evokes the feeling of a hidden French villa, offering serenity, sophistication, and timeless charm from the moment you arrive.Warm, beautifully scaled interiors flow seamlessly to a cinematic courtyard with unmistakable European flair—perfect for alfresco dinners, festive gatherings, or quiet moments of escape. Many of the home’s lighting elements and fixtures were sourced from France, lending authenticity and a distinctive ambiance that enhances the home’s relaxed resort atmosphere.Outdoors, one of the most coveted settings on the main lake unfolds. Life is centered around a rare, level double lot stretching gracefully along the shoreline. Enjoy a boathouse, generous lawn and play areas, lakeside outdoor kitchen, fire pit, pool, travertine sport court, and expansive entertaining terraces—all designed for unforgettable days and evenings on the water.Every element of this estate reflects exceptional craftsmanship, thoughtful design, and an uncompromising attention to detail. More than a home, this is a lifestyle—a private retreat and a legacy property on one of the most treasured stretches of Oswego Lake.

1527 LAKE FRONT RD, Lake Oswego

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The content relating to real estate for sale on this site comes in part from the IDX program of the RMLS of Portland, Oregon. Real Estate listings held by brokerage firms other than this firm are marked with the RMLS logo, and detailed information about these properties include the name of the listing's broker. Listing content is copyright © 2026 RMLS of Portland, Oregon. All information provided is deemed reliable but is not guaranteed and should be independently verified. This content last updated on . Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.