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New Ole's Medium Rare — Restaurant in Happy Valley, OR
RestaurantSteakhouseAmerican✓ Verified

New Ole's Medium Rare

Happy Valley, OR 97015
4.7(7 reviews)
17 years in businessMember since 2026

About New Ole's Medium Rare

New Ole's Medium Rare is a locally-owned steakhouse known for its high-quality steaks and American cuisine. Signature dishes include the medium-rare ribeye and a selection of fresh seafood. The restaurant offers a warm and inviting atmosphere, perfect for both casual dining and special occasions.

17 years in business

Services

Catering

Featured

Custom catering for corporate events, parties, and private gatherings. Minimum order applies.

Starting at $74 / per person

Steakhouse Dining

Featured

Premium dry-aged steaks cooked to your exact specification. Full sommelier service available.

Starting at $59 / per person

Happy Hour

Premium happy hour with half-price appetizers and craft cocktails. Bar seating only.

Starting at $10 / per item

Private Events

Reserve our private dining room or full venue for special occasions and corporate functions.

Starting at $1144 / per event

Takeout & Delivery

Order online or by phone for pickup or local delivery. Same menu, same quality.

Starting at $16 / per order

Location

10287 SE Highway 212

Happy Valley, OR 97015

Hours of Operation

monday11:00 AM – 9:00 PM
tuesday11:00 AM – 9:00 PM
wednesday11:00 AM – 9:00 PM
thursday11:00 AM – 9:00 PM
friday11:00 AM – 10:00 PM
saturday10:30 AM – 10:00 PM
sundayClosed

Services Offered

Catering

Custom catering for corporate events, parties, and private gatherings. Minimum order applies.

$74

starting at

Steakhouse Dining

Premium dry-aged steaks cooked to your exact specification. Full sommelier service available.

$59

starting at

Happy Hour

Premium happy hour with half-price appetizers and craft cocktails. Bar seating only.

$10

starting at

Private Events

Reserve our private dining room or full venue for special occasions and corporate functions.

$1,144

starting at

Takeout & Delivery

Order online or by phone for pickup or local delivery. Same menu, same quality.

$16

starting at

Reviews

4.7

7 reviews

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7 reviews

Anthony Q.

Mar 24, 2026

The ribeye at New Ole's Medium Rare is dry-aged 28 days and the difference is immediately apparent. Perfect crust from the grill, pink in the center, and the compound butter melts right in. Best steak in Happy Valley.

9 people found this helpful

Response from New Ole's Medium Rare

Thank you so much for the wonderful review! We work hard every day to deliver the best dining experience in Happy Valley and it means everything to hear feedback like this. We look forward to seeing you again soon!

Heather B.

Mar 11, 2026

New Ole's Medium Rare does a perfect filet mignon. Tenderness level is incredible and the truffle mac and cheese side is decadent. The sommelier helped us pick the perfect Cabernet for the meal.

10 people found this helpful

Response from New Ole's Medium Rare

We are so glad you enjoyed your visit to New Ole's Medium Rare! Your kind words motivate our entire team. Please come back and try our seasonal specials!

Michael B.

Feb 26, 2026

Business dinner at New Ole's Medium Rare was impressive. The porterhouse for two was massive and cooked exactly to temperature. The service was attentive without being intrusive. Top-tier steakhouse in Happy Valley.

15 people found this helpful

Response from New Ole's Medium Rare

Thank you so much for the wonderful review! We work hard every day to deliver the best dining experience in Happy Valley and it means everything to hear feedback like this. We look forward to seeing you again soon!

Lisa S.

Feb 13, 2026

The bone-in New York strip at New Ole's Medium Rare is my favorite cut of beef I have ever eaten. The garlic mashed potatoes and creamed spinach sides are steakhouse classics done right.

4 people found this helpful

Mark Z.

Jan 31, 2026

Celebrated my promotion at New Ole's Medium Rare and the entire experience was excellent. The wedge salad is a classic, the steak was cooked perfectly medium-rare, and the crème brûlée was flawless.

17 people found this helpful

Response from New Ole's Medium Rare

Thank you so much for the wonderful review! We work hard every day to deliver the best dining experience in Happy Valley and it means everything to hear feedback like this. We look forward to seeing you again soon!

Brittany N.

Jan 18, 2026

Good steakhouse in Happy Valley. New Ole's Medium Rare has solid cuts at fair prices compared to other steakhouses. The lobster bisque starter is worth ordering and the staff is knowledgeable.

2 people found this helpful

David K.

Jan 5, 2026

New Ole's Medium Rare is an underrated gem in Happy Valley for steak. The wagyu flat iron is incredible value and the cocktail program is surprisingly excellent. Skip the flashier spots and come here.

5 people found this helpful

Response from New Ole's Medium Rare

Thank you for sharing your experience! We love welcoming guests to New Ole's Medium Rare and are thrilled you enjoyed the food. See you next time!

Location

Happy Valley, OR 97015

Frequently Asked Questions

Last updated April 2026

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