4247 FRANCIS PENINSULA ROAD, Madeira Park
$998,000
This 28,749.6 sqft property in Madeira Park is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Thoughtfully renovated 4 bed, 3 bath home on a beautifully landscaped, tiered property with lovely views into Pender Harbour. The bright, open floor plan flows onto a spacious deck overlooking the recently fenced yard and harbour views. The lower level offers excellent in-law suite potential, providing flexibility for extended family or guests. Quality finishes include Fisher & Paykel appliances, a heat pump, and a durable metal roof. The attractive driveway approach and access from both Francis Peninsula Rd and Vaughn Rd add to the property's convenience. Located in a sought-after neighbourhood close to marinas, lakes, trails, and all the amenities of Madeira Park, this move-in-ready home offers the perfect blend of comfort, style, and West Coast living.
How this price compares
This lot asks $35 per square foot of lot. That is about the same as the median of $35 across the 13 active lots VanPlex is showing in Madeira Park, and puts it 7 of 13 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
- $998,000
- Lot size
- 28,749.6 sqft
- Lot dimensions
- 74 x IRR
- Frontage
- 74 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1978
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3151466
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Listing data via MLS®. Displayed for information only.