Portland’s most expensive mansion has been privately listed for $15 million.
Walter Bowen, the developer of the new Ritz Carlton hotel and residential tower in downtown Portland, has put his 40-acre property near Forest Park up for sale.
Bowen’s English Tudor mansion, known as English Oak Estate, is the most expensive residential property for sale in Portland. The 16,828-square-foot home is located on a 120-acre development shared by three homeowners.
The second-place property in terms of price is the Tahoma penthouse at the Ritz-Carlton with an asking price of $8,999,000.
The developer purchased the Tudor Revival mansion in 1993. The four-level brick home features Ipe hardwood floors, marble-topped fireplaces, seven bedrooms, nine bathrooms and three powder rooms. Additional features include a tower, slate roof, home theater, guest apartment and fly fishing workshop.
Portland’s most expensive mansion goes public for $15 million
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 7 82174861 13169035 image a 7 1709834205768](https://i.dailymail.co.uk/1s/2024/03/07/17/82174861-13169035-image-a-7_1709834205768.jpg)
Walter Bowen, the developer of the new Ritz Carlton hotel and residential tower in downtown Portland, has privately listed his 40-acre property.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 9 The ostentatious 1990s Portland mansion located on a 40 acre estate](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
The mansion has seven bedrooms, nine bathrooms and three powder rooms.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 11 The lower level game room has a full bar with refrigerator, sink, stove and dishwasher.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834759_568_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
The lower level game room has a full bar with refrigerator, sink, stove and dishwasher.
The home, which was completed in 1996, hired Soderstrom Architects to design a home inspired by “the romance of the English countryside,” according to the property description.
The formal living room has beamed ceilings while the dining room has a trio of French doors leading to the gardens.
The 432-square-foot kitchen is designed to accommodate large gatherings with a walk-in pantry and prep kitchen. The kitchen features stainless steel appliances and a temperature-controlled wine cellar.
To reach the two-bedroom master suite, you have the option of ascending the grand staircase with wrought iron balusters or the wood-paneled elevator.
The suite includes three walk-in closets, one with special storage for ties, as well as a corner office, wet bar and balcony.
The lower level game room has a full bar with refrigerator, sink, stove and dishwasher.
Outside, the pool, jacuzzi and waterfall overlook the horseshoe-shaped rose garden.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 13 The suite includes three walk-in closets, one with special storage for ties, as well as a corner office, wet bar and balcony.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834759_320_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
The suite includes three walk-in closets, one with special storage for ties, as well as a corner office, wet bar and balcony.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 15 The 432-square-foot kitchen is designed to accommodate large gatherings with a walk-in pantry and prep kitchen.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834760_211_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
The 432 square foot kitchen is ready to handle large gatherings with a walk-in pantry and prep kitchen.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 17 The lower level game room has a full bar with refrigerator, sink, stove and dishwasher.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834760_249_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
The lower level game room has a full bar with refrigerator, sink, stove and dishwasher.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 19 Additional features include a tower, slate roof, home theater, guest apartment and fly fishing workshop.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834760_784_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
Additional features include a tower, slate roof, home theater, guest apartment and fly fishing workshop.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 21 There are eight home theater seats in front of the projector screen.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834760_518_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
There are eight home theater seats in front of the projector screen.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 23 The pool overlooks the gardens.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834761_335_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
The pool overlooks the gardens.
![The ostentatious 1990s Portland mansion, located on a 40-acre estate, becomes the city's most expensive home after being put up for sale by the owner of developer Ritz-Carlton for $15 million. 25 The four-level brick home features Ipe hardwood floors, marble-topped fireplaces, seven bedrooms, nine bathrooms and three powder rooms.](https://whatsnew2day.com/wp-content/uploads/cwv-webp-images/2024/03/1709834761_952_The-ostentatious-1990s-Portland-mansion-located-on-a-40-acre-estate.jpg.webp)
The four-level brick home features Ipe hardwood floors, marble-topped fireplaces, seven bedrooms, nine bathrooms and three powder rooms.
The two garages have capacity for six cars, while the parking located outside the motor court has capacity for a further 20 vehicles.
Terry Sprague of LUXE Forbes Global Properties listed the property for sale. He said OregonLive that the craftsmanship, from the lamps to the hand-painted murals, emulates the style of a luxury home from a hundred years ago.
“For someone looking for privacy and security and who really understands a heritage-style property, this is one of the most beautiful properties of its kind in the country and unique to Portland,” Sprague said.
Property taxes on the mansion are around $89,000 a year.