97201 Real Estate Search

97201 Homes between $1,000,000 and $1,500,000 for Sale

The real estate market around the 97201 area offers a diverse selection of homes that appeal to discerning buyers seeking the perfect combination of luxury and location. Properties in this range often feature modern architectural designs, spacious floor plans, and high-end finishes, catering to those who prioritize both comfort and style. Buyers can expect to find amenities such as gourmet kitchens, extensive outdoor spaces, and energy-efficient technologies. Furthermore, the neighborhood is known for its vibrant community, proximity to parks, shopping, and dining options, making it an attractive choice for families and professionals alike. With its blend of urban convenience and suburban charm, the 97201 area presents an exceptional opportunity for those looking to invest in quality real estate.

Our website features the best real estate search for homes between $1,000,000 and $1,500,000 available in 97201 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 97201 Homes between $1,000,000 and $1,500,000 for Sale

$1,250,000
3 Beds ⋅ 3 Baths ⋅ 630578301 MLS
Perched above Portland in a serene, private setting, this exceptional residence offers the independence of a luxury home with the ease and convenience often associated with high-end penthouse living. Sweeping city, mountain, and sunset views define nearly every level, while the thoughtfully designed layout delivers a refined, low-maintenance lifestyle just minutes from downtown, NW Portland, The Pearl, and Washington Park.Unlike many luxury condominium offerings, this residence provides privacy, flexibility, and upscale amenities without substantial monthly HOA dues, shared-building oversight, or the uncertainty of future special assessments. Comparable luxury urban residences of similar scale can carry HOA obligations approaching $2,800 per month minimum, while this home offers many of the same lifestyle conveniences independently—including integrated Bose audio, multiple entertaining spaces, wine storage options, covered outdoor living, security features, and two enclosed garage spaces.The gourmet kitchen anchors the main living level with custom cabinetry, premium finishes, and seamless connectivity to formal and informal gathering spaces. Integrated audio extends throughout the home, while multiple lounge areas, dual bars, a heated and cooled sunroom, and expansive covered terraces create inviting spaces for entertaining or quiet retreat.The entire upper level is dedicated to a private primary suite featuring panoramic views, a spa-inspired bath, dual walk-in closets, and a dedicated full-size stackable washer and dryer. The lower level offers additional bedrooms, a bonus/media room with built-in flat screen television and speakers, wet bar, and private outdoor access—providing exceptional flexibility and separation of living spaces.A rare opportunity to experience sophisticated urban living with architectural presence, exceptional privacy, and the independence of standalone ownership in one of Portland’s most sought-after hillside settings.

2107 SW MARKET STREET DR, Portland
$1,495,000
4 Beds ⋅ 3 Baths ⋅ 587009459 MLS
Perched in Portland’s coveted Southwest Hills, 1784 SW Montgomery Drive blends timeless 1943 character with over 4,100 square feet of thoughtfully designed living space. Featuring four bedrooms, three and a half baths, and expansive gathering areas, this home offers exceptional comfort and flexibility for both everyday living and entertaining. Large windows invite natural light and frame the beautiful city and Mt. Hood View. Ideally located just minutes from downtown Portland, OHSU, and the city's vibrant cultural amenities, this distinguished residence offers the rare combination of tranquility, convenience, and enduring appeal. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250898]

1784 SW MONTGOMERY DR, Portland
$1,195,000
3 Beds ⋅ 3 Baths ⋅ 352872222 MLS
Set on a quiet dead-end street in one of Portland’s most coveted Southwest neighborhoods, 1941 SW Montgomery Place beautifully balances timeless character with sophisticated modern updates. Thoughtfully improved by Green Gables, Maison, and Forma Collective, the home reflects a high level of craftsmanship and attention to detail throughout. An inviting floor plan offers generous living spaces, abundant natural light, and an effortless connection between classic architectural elements and contemporary living. The well-appointed kitchen opens to comfortable gathering spaces, while spacious bedrooms provide flexibility for guests, work-from-home needs, and everyday living. The outdoor spaces are equally compelling, with a private patio, expansive gardens, generous deck, and level yard creating a serene setting for both entertaining and relaxing. Ideally positioned on a peaceful dead-end street yet just minutes from the city, with easy access to parks, trails, schools, neighborhood shops, and all that Portland has to offer, this exceptional property delivers a rare combination of refined updates, enduring character, and a desirable Southwest Portland location. [Home Energy Score = 3. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10250790]

1941 SW MONTGOMERY PL, Portland
$1,395,000
4 Beds ⋅ 3 Baths ⋅ 371095164 MLS
Storybook English Cottage in Portland Heights. Beautifully restored & thoughtfully updated, this residence was designed by renowned architect Roscoe Hemenway & expertly built by Allison Dean. The home has been meticulously renovated between 2022 & 2025 with uncompromising attention to detail, seamlessly blending timeless character with today's modern luxuries. Privately sited on a beautifully landscaped .62-acre parcel, the home offers 3,833 SF of elegant living spaces, designer finishes, & exceptional indoor-outdoor living. The gracious main level features refinished hardwood floors, an elegant formal dining room, & a stunning designer kitchen with custom cabinetry, soapstone countertops, & Wolf, Thermador, Sub-Zero, & Asko appliances. The spacious living room is wrapped in French-paned windows overlooking enchanting gardens, while French doors open to an expansive entertaining deck & covered outdoor dining area with skylights & a dedicated gas line for year-round enjoyment. Flexible living includes four bedrooms, beautifully renovated baths, a media room, lower-level family room, game room, greenhouse, & abundant storage. The luxurious primary suite enjoys windows on three sides, multiple closets, & a spa-inspired ensuite bath. Meandering garden paths, lush mature landscaping, stone patios, & towering evergreens create the feeling of an English countryside estate just minutes from NW 23rd, Hillsdale, downtown Portland, & Portland Heights Park. Additional highlights include central A/C, designer lighting & fixtures throughout, extensive custom millwork, a newer roof, seismic upgrades with the home professionally strapped to its foundation, & countless high-end improvements. A true once-in-a-generation opportunity to purchase your very own storybook home. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10073592]

2700 SW ENGLISH LN, Portland
$1,250,000
733440364 MLS
Rare live/work commercial opportunity in historic Lair Hill! This 4,900 SF building across 3 functional levels sits on a 3,975 SF lot with flexible CM1 (Commercial Mixed Use) zoning—perfect for retail, office, or residential combinations. The ground floor features a turnkey 1,600 SF 2nd-generation restaurant. Formerly operated as Lair Hill Bistro, currently leased month-to-month for immediate holding income or a seamless transition for an owner-operator. Upper levels feature a spacious 5 BR / 1 BA apartment, ideal for living above your business or generating additional rental income. Unbeatable versatility and location!

2823 SW 1ST AVE, Portland
$1,075,000
5 Beds ⋅ 3 Baths ⋅ 724288413 MLS
Delight in this magical and enchanting Victorian sanctuary perfectly restored with preservation of charm and architectural interest in mind.In the prestigious Portland Heights neighborhood this beauty gives privacy and retreat like space with dedicated green space next door. You will love the close proximity to the city with all the vibes of urban lifestyle.The professional landscaped terrain perfectly showcases the custom painted exterior of the home. You will love the multiple niche outdoor spaces including the rooftop patio and spacious new Trex deck in the back for outdoor extended living.Enjoy formal living and dining room spaces flanked with tree views and evening sunsets. The formal dining room creates an inviting space with pocket doors, gas fireplace and built in buffet.The gourmet kitchen is perfect for entertaining with a cooktop island, new Dacor stainless steel appliances, marble countertops, eating bar and a sweet nook. Plenty of room for extended guests with a bedroom on the main and full bath with the iconic claw foot tub. Work from home with office space tucked away in the back or enjoy a cozy family room abutting the kitchen. The primary ensuite has tons of built ins, a charming window bench seat and a full size walk in closet. In addition the primary bath has a freshly tiled shower and heated floors added. Three additional rooms and a second bath plus washer and dryer present so many choices for function and family. Hardware, lighting and extensive craftsmanship have been perfectly preserved and restored or replaced with period sensitivity in mind. Additionally there is an attached garage with a chair lift to the main level and a large basement provides ample additional storage. An Extensive list of upgrades include not limited to: New roof approx.2023, exterior paint 2023,interior paint, refinished hardwoods, all carpet installed in 2025, kitchen appliances 2023, Trex decking front and back.Seller has plans available to finish the basement. [Home Energy Score = 1. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10067777]

2104 SW SPRING ST, Portland
$1,200,000
2 Beds ⋅ 2 Baths ⋅ 500662227 MLS
Perched above Portland’s South Waterfront in the coveted East Tower of The Strand, this expansive home offers an elevated urban lifestyle framed by dramatic floor-to-ceiling windows that capture sweeping views of the river, city skyline, and ever-changing light of the waterfront district. This sophisticated home blends luxury, serenity, and modern design in one of Portland’s premier concierge-served high-rise communities. An open, light-filled layout creates effortless flow between living, dining, and kitchen spaces—ideal for both quiet mornings and elegant entertaining. Expansive glass walls invite the outdoors in, showcasing the Willamette River and surrounding architecture while enhancing the home’s sense of volume and airiness. Hardwood floors, refined finishes, and a gas fireplace anchor the living area with warmth and style.The gourmet kitchen features slab granite countertops, premium stainless-steel appliances, and generous storage—perfect for the home chef who values both function and design. The private balcony extends the living space outdoors, offering a front-row seat to waterfront sunsets, passing boats, and the vibrant energy of the district below.The spacious primary suite is a tranquil retreat with its own wall of windows, a spa-inspired bathroom, and ample closet space. A well-appointed second bedroom or office provides flexibility for guests, work, or creative pursuits. Luxury, Light, & Waterfront living this home offer an ideal opportunity for all. Close to OHSU & the Tram, this home features a walk score of 81 with a highly desirable 95 bike score. EV charger already installed.

1920 S RIVER DR Unit #E902, Portland
$1,145,000
3 Beds ⋅ 2 Baths ⋅ 759015369 MLS
Custom-designed and located on the 11th floor of the iconic Portland Plaza, this extraordinary residence redefines downtown living with sweeping panoramic views of Portland’s skyline. This home was intentionally designed and fully customized with over $100,000 in lighting and integrated touchpad-controlled lighting, audio, and motorized shades — a level of detail and technology rarely found in condominium living. The kitchen is a true architectural centerpiece, anchored by a black leathered granite waterfall island with bar seating, built-in Sub-Zero refrigerator, freezer, and wine fridge, Wolf appliances, soft-close cabinetry, and illuminated glass cabinets designed for both display and function. Exposed concrete elements and museum-style glass display cases create a striking, gallery-inspired atmosphere throughout. Built-ins and mounted TVs make the home completely turnkey. The primary suite offers dramatic design with a mirrored ceiling, spa-inspired bath featuring a double shower wrapped in floor-to-ceiling black tile, and an expansive walk-in closet with built-in dresser storage. With 24-hour concierge and security, outdoor pool, fitness center, lounge and conference space, serene library, and two secured garage parking spaces — this residence offers luxury amenities paired with a truly custom interior that is entirely one of a kind.

1500 SW 5TH AVE Unit #1101, Portland
$1,199,000
4 Beds ⋅ 3 Baths ⋅ 337431545 MLS
Built in 1908 as the original home of John & Sarah Talbot on a private, flat & sunny lot - this is a rare opportunity to own a piece of Portland Heights history that has been stylishly updated for modern living. Upon entry, you are greeted with a dramatic center staircase, rich original hardwood floors, oversize doorways, classic architectural detail & luxe modern lighting. Walls of windows and French doors throughout bring in beautiful natural light and greenery year round. A wonderful floor plan with 3 of the 4 bedrooms up top including a large ensuite primary, laundry & office. The spacious lower level has been fully finished offering the perfect bonus space to play, relax & workout. Outside features a grand front porch, paver patio and yard for entertaining & unwinding. Updates include a new heat pump/AC, water heater, electrical panel, plumbing, EV charging, cedar decks/exterior stairs & more. SW Talbot is a quiet quintessential Portland Heights street and a bike friendly Neighborhood Greenway, centrally located within walking distance to Council Crest, Fairmount Loop, Portland Heights Park & Ainsworth Elementary. [Home Energy Score = 4. HES Report at https://rpt.greenbuildingregistry.com/hes/OR10026461]

2735 SW TALBOT RD, Portland
$1,475,000
4 Beds ⋅ 5 Baths ⋅ 278906550 MLS
OPEN Sat 9/12 FROM 1-3PM. Rare opportunity to own a mid-century modern classic with stunning city views and ideally situated in Portland Heights. Thoughtfully designed for privacy, enter through the gated front-entry atrium and experience the unmistakable feeling of home from the moment you step into the 5,000+ sq ft residence. The main level welcomes you with a spacious open floor plan, high ceilings, an abundance of windows and expansive hardwood flooring. The light-filled space flows from formal entry to living room to dining room and a very special sunroom, ideal for effortless entertaining year-round. The living room showcases built-ins, a wood-burning fireplace and captivating views of the City of Roses. A large chef’s eat-in kitchen with newly painted cabinetry throughout boasts ample storage. Completing the ease of one level living is a coveted and sought-after home office, laundry room, cozy den and two primary en-suite bedrooms; one complemented by an updated bathroom, and a large walk-in closet with custom vanity that’s both functional and elegant. The second primary bedroom with bath opens to a reading room, creating a comfortable and discrete retreat for overnight guests.Descend to the expansive lower level via elevator or staircase for more versatile living options including a third bedroom with adjoining bathroom, a fitness room equipped with sauna and shower, storage galore plus a sprawling en-suite guest quarters (or media/game room!) with its own city view and unique private entrance. Exterior features: An attached oversized two-car garage and a private driveway with plenty of additional parking. A greenhouse beckons for an urban garden, an artist studio or hobby haven.

1776 SW MONTGOMERY DR, Portland
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