The world of luxury real estate involves more than just extravagance; it is also about practical considerations and the enjoyment of ownership. In ultrahigh-net-worth circles, owning a trophy estate is the ultimate status symbol. These buyers are discerning and appreciate intricate craftsmanship, timeless design, and unparalleled luxury. Terry Sprague, owner of LUXE | Forbes Global Properties, currently has the most expensive listing in Portland, a gated megamansion priced at $15 million. This estate is set on 40 acres of grounds and offers breathtaking views, unmatched privacy, and luxury amenities that set it apart in the market.
The English Oaks Estate, as it is known, overlooks the Tualatin Valley with views all the way to the Oregon Coast Range. The home features a brick facade with multiple gables of varying heights, giving it a storybook appearance. The interior is filled with handcrafted millwork, Ipe hardwood floors, and antique light fixtures sourced from around the world. The main floor is designed for entertaining, with a club-like formal living room, a formal dining room opening to a covered terrace, and a paneled home office with a built-in bar area. The kitchen and butler’s pantry are equipped for both home cooking and lavish parties.
The second level of the house contains a luxurious primary suite, a sunroom, a library, a guest apartment, and three additional en suite bedrooms. The top floor has finished storage space, while the lower level features a bonus/game room, a home theater, a wine cellar, and a guest suite with patio access. The landscaped grounds include a swimming pool, spa, patio, koi pond, and a horseshoe-shaped rose garden inspired by Claude Monet’s gardens at Giverny. The estate also features multiple garages, including a separate three-car garage with a home gym, powder room, and storage.
Despite its high price point, there is a wide pool of potential buyers interested in the English Oaks Estate. Sprague has seen interest from industry executives, sports figures, local affluent families, and both domestic and international investors. The property offers a unique blend of luxury amenities, privacy, and expansive grounds, making it a desirable investment for those looking for a one-of-a-kind trophy estate. With its attention to detail, workmanship, and materials, this megamansion is a standout example of luxury real estate in Portland.