4327 LOCARNO CRESCENT, Vancouver
$3,990,000
This 5,200 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.
Point Grey, 4 bdrm, 3 bath home on 5200 sf property features meticulously maintained family home boasting over 3100 sf of traditional floorplan inside, 550 sf of serene mountain & ocean view decks to the north & sunny manicured front yard. Spacious principle rooms on main level w/access to view deck from eat-in kitchen, bedroom & dining room. Upper level is a sunny master suite w/spa like bath, dressing room & deck with breathtaking north views. Fully finished basement with 2 bdrm suite, laundry & workshop . The backyard features covered patio, stunning bloom gardens w/water stream, greenhouse & detached 2 car garage w/laneway access. basement reno in 2024, new flooring on masterbdrm,new fence in 2025. Located in best school district, minutes to UBC & only steps to Spanish Banks beach.
How this price compares
This lot asks $767 per square foot of lot. That is 72% above the median of $447 across the 758 active lots VanPlex is showing in Vancouver, and puts it 687 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
- $3,990,000
- Lot size
- 5,200 sqft
- Lot dimensions
- 52 x 100
- Frontage
- 52 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1941
- Zoning
- R1-1
- MLS® area
- Point Grey
- MLS® number
- R3137598
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Listing data via MLS®. Displayed for information only. Zoning R1-1 stamped from the city record on 2026-07-25.