4737 DAVIS ROAD, Madeira Park
$2,498,000
This 161,172 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.
A truly exceptional offering - nearly 4-acres of low-bank waterfront w/year round protected deep-water moorage at your private & licensed dock, complete w/ multiple boat slips. Fishing & crabbing at your doorstep from this prime Bargain Bay location, just minutes to open ocean & walking distance to Baker Beach. Rich in history & iconic in presence, this remarkable offering presents a unique opportunity to create a legacy holding. The land is mostly level, sun-drenched & highly usable for a stunning residential estate, or capitalize on the rare commercial zoning. Addt'l features incl. a 2,892 sq.ft. home, several outbuildings, a beautifully handcrafted indoor/outdoor kitchen, as well as a spectacular WF patio! Opportunities to acquire expansive waterfront acreage are extraordinarily rare.
How this price compares
This lot asks $15 per square foot of lot. That is 54% below the median of $34 across the 11 active lots VanPlex is showing in Madeira Park, and puts it 3 of 11 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
- $2,498,000
- Lot size
- 161,172 sqft
- Lot dimensions
- 275 x
- Frontage
- 275 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1966
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3117539
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Listing data via MLS®. Displayed for information only.