In a move capturing the real estate market's high-end pulse, Walter Bowen, the developer behind the downtown Portland Ritz-Carlton hotel, has placed his sprawling private estate on the market for a cool $15 million. The 40-acre spread, dubbed English Oaks Estate and marked by a coat-of-arms shield over its entrance, reigns as Portland's priciest residential offering, according to a report by The Oregonian/OregonLive.
Meanwhile, nearly 3,000 miles away, Peter Angelos, owner of the Baltimore Orioles, is shedding a piece of his own property portfolio, listing a waterfront condo for a less staggering but still impressive $1.7 million. Acquired in 2019 by AF Holdings LLC, a company connected to the Angelos family, the three-bedroom pad anchors in the Ritz-Carlton Residences of Federal Hill, offering panoramic views of Baltimore's Inner Harbor, as Baltimore Business Journal detailed.
Bowen's property, a testament to luxury with 16,828 square feet of living space, boasts an English Tudor Revival mansion nestled within the city's confines, near Forest Park. Towering over the real estate scene, it overshadows even the high-flying Tahoma penthouse atop the same Ritz-Carlton Bowen brought to life, which itself demands $8,999,000.
While the Angelos family's Baltimore condo, part of Oriole's real estate disposal, sports features including a gourmet kitchen and grand living room stretching across more than 3,000 square feet, Bowen's estate teems with Ipe wood floors and marble-topped fireplaces, with "hand-crafted millwork, hand-painted murals and antique light fixtures" that "recreate the luxury of custom homes from a century ago," Terry Sprague of LUXE Forbes Global Properties, the listing agent for Bowen's property, told The Oregonian/OregonLive. In comparison, Angelos' unit is managed by Cummings & Co. Realtors and has a tax bill of $44,845 along with monthly condo fees of $3,653.
With grandeur at every turn, the estate's amenities include a swimming pool, a hot tub with a waterfall, and a rose garden modeled after that of Claude Monet's in Giverny, France. For car enthusiasts, the property doesn't disappoint, providing space for six collectible cars and additional parking for up to 20 vehicles. Both real estate moves signal a transition for their respective owners and beckon to well-heeled buyers seeking a slice of opulence.
