2975 MARINE DRIVE, West Vancouver
$5,950,000
This 39,117 sqft property in West Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. West Vancouver follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The large lots here give unusual design flexibility.
Fantastic family home situated on a quiet and private 0.9-acre regular rectangular lot, offering stunning city and ocean views with no power lines obstructing the outlook. Positioned on the high side of Marine Drive with an impressive 132 feet of frontage. The lower level includes a full kitchen and separate entrance, second suite is possible. Extensively renovated by the previous owner, the home shows like a much newer property and is suitable for immediate self-use, rental, or long-term holding. With its large lot size, regular shape, wide frontage, and prime location, the property may also offer potential for subdivision into two lots under current zoning requirements, subject to confirmation with the municipality and all required approvals. Live in, and benefit from long-term hold.
How this price compares
This lot asks $152 per square foot of lot. That is 24% below the median of $201 across the 189 active lots VanPlex is showing in West Vancouver, and puts it 44 of 189 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
- $5,950,000
- Lot size
- 39,117 sqft
- Lot dimensions
- 132 x 297
- Frontage
- 132 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1945
- MLS® area
- Altamont
- MLS® number
- R3142840
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Listing data via MLS®. Displayed for information only.