115 ISLEVIEW PLACE, Lions Bay

$1,275,000

This 11,055 sqft property in Lions Bay 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.

LIONS BAY ARCHITECTURAL HOME with spectacular How Sound views & outstanding potential. Bring your renovation ideas to this distinctive residence on one of Lions Bay's best streets below highway, with sweeping views across How Sound to Gulf Islands & northwest to Tantalus Range. Main level offers exceptional one-level living with 2 bed/2 full bath, dining room, wood burning fireplace & amazing deck. Flat driveway & no stairs make it ideal for downsizing or aging in place. Lower level offers potential for a separate suite for family, guests, mortgage help or ancillary income. Natural light from 4 sides. Walk to bus, General Store & Cafe, beaches & hiking trails. A home with character, history & enormous potential. Renovate & reimagine this unique Lions Bay residence.

How this price compares

This lot asks $115 per square foot of lot. That is 26% below the median of $155 across the 10 active lots VanPlex is showing in Lions Bay, and puts it 1 of 10 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
$1,275,000
Lot size
11,055 sqft
Lot dimensions
168 x
Frontage
168 ft
Bedrooms
3
Bathrooms
3
Year built
1969
MLS® area
Lions Bay
MLS® number
R3155566

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Listing data via MLS®. Displayed for information only.