1850 SW MARINE DRIVE, Vancouver
$6,500,000
This 36,339 sqft property in Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. In Vancouver, most single-family lots fall under the R1-1 zone, which allows a multiplex of up to six units on many lots, and more on larger or corner sites. The final count depends on lot area, frontage, and whether you keep any existing character home, so each lot should be checked against the city's rules.
Exquisite Spanish-style heritage home on a rare 36,339 sq. ft. lot with 5,036 sq. ft. of living space plus a 1,909 sq. ft. unfinished basement. This character home features spacious open living areas, arched windows, hardwood floors, and exceptional craftsmanship throughout. Enjoy panoramic views of the Fraser River, YVR Airport, and Richmond. The upper level offers 5 bedrooms and 3 full bathrooms, while the main floor features a spacious primary bedroom with ensuite. The unfinished basement provides excellent potential for a recreation room, workshop, or additional living space. An exceptional opportunity to restore this heritage gem, create your dream home, or explore the potential to build an additional residence on this remarkable property (subject to municipal approval).
How this price compares
This lot asks $179 per square foot of lot. That is 60% below the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 14 of 758 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $6,500,000
- Lot size
- 36,339 sqft
- Lot dimensions
- 115 x 316
- Frontage
- 115 ft
- Bedrooms
- 6
- Bathrooms
- 6
- Year built
- 1931
- Zoning
- R1-1
- MLS® area
- Southlands
- MLS® number
- R3138987
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.