555 GLENAIRE DRIVE, Hope

$699,000

This 14,744.2 sqft property in Hope 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.

Welcome to your spacious rancher nestled in this quiet neighbourhood with a river view. Designed for comfortable living & effortless entertaining, this home provides generous indoor spaces that flow naturally to the outdoors, creating the perfect setting for gatherings with family and friends. Adding even more potential, the property features a pre-existing pool that could be revived, creating an exciting opportunity to bring back this private backyard oasis. For hobbyists & outdoor enthusiasts, the property features a detached workshop, greenhouse & RV parking. Natural light fills the living spaces through an abundance of windows offering beautiful mountain views. With annual maintenance done throughout the home indoors & out, you can quickly see how much this property has been loved.

How this price compares

This lot asks $47 per square foot of lot. That is 37% below the median of $75 across the 39 active lots VanPlex is showing in Hope, and puts it 10 of 39 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
$699,000
Lot size
14,744.2 sqft
Lot dimensions
98.4 x 160.1
Frontage
98.4 ft
Bedrooms
2
Bathrooms
2
Year built
1953
MLS® area
Hope
MLS® number
R3166163

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Listing data via MLS®. Displayed for information only.