97229 Real Estate Search

97229 Homes between $4,000,000 and $5,000,000 for Sale

The 97229 area of Portland, Oregon, offers an impressive selection of luxurious homes that exemplify upscale living and refined design. Nestled amidst beautiful landscapes and vibrant communities, these properties provide an array of high-end features, such as expansive living spaces, gourmet kitchens, and stunning outdoor areas perfect for entertaining. Homebuyers in this price range can expect to find modern amenities blended seamlessly with classic architectural details, showcasing both elegance and comfort. Additionally, the neighborhood's proximity to top-rated schools, picturesque parks, and exclusive shopping options enhances the appeal of living in this desirable part of the city, making it a prime location for those seeking an exceptional lifestyle. From beautifully landscaped yards to breathtaking views, the homes in this area truly reflect a commitment to quality and luxury living.

Our website features the best real estate search for homes between $4,000,000 and $5,000,000 available in 97229 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 97229 Homes between $4,000,000 and $5,000,000 for Sale

$4,250,000
4 Beds 3 Baths 786715699 MLS
There is no other setting like Penridge in Portland.Sited on 1.36 level acres in the West Hills, 7307 NW Penridge delivers a level of finish more familiar to the Hollywood Hills than the Pacific Northwest: absolute privacy, mature gardens cultivated over seventy years, and grand lawn that opens to the vast skyline. The privacy & scale of the grounds this close to the city, is rare.Effectively rebuilt in 2021, the estate lives like new. All new systems, completely reimagined. Daily life happens on the main floor, with the lower level holding an expansive gym, glass-enclosed wine cellar, sauna, private office, and guest suite: spaces you use when you want them, not rooms you maintain. The kitchen and family room are anchored by bookmatched Nero Marquina marble, a floating hood, and a fireplace running the full length of the room, paired with seamless walnut slab cabinetry and Kelly Wearstler leather accents. Original wide plank oak floors with wood plug nails, refinished in 2025. Custom Venetian plaster fireplace surrounds. Hand-stitched leather stair rail. Iron and glass throughout.The primary suite is exceptional: walk-in closet, slab marble head wall, custom lined wood walls, and a bath finished floor to ceiling in Eros Gray marble slab with a solid stone soaking tub and radiant heated floors.The outdoors flows across two levels. Off the main floor, a newly added covered living room with outdoor kitchen and gas grill, lounge seating, and fire pit opens onto the grand lawn, with the hot tub just off the primary and seventy years of gardens enveloping it all. Below, a saltwater pool with auto cover, private bar, turf lawn for games, and a sunbathing terrace.The privacy reads as remote. The location is anything but. NW 23rd Avenue is minutes down the hill, with OHSU, Nike, and Intel all within an easy commute. For those arriving in Portland for the first time, or returning to be near family- Welcome Home to Penridge!

7307 NW PENRIDGE RD, Portland

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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.