12835 GULFVIEW ROAD, Madeira Park
$585,000
This 16,988 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.
Mid century inspired coastal home tucked into the trees perched in the sun! Vintage feels with this 4 bed/2 bath home featuring vaulted cedar ceilings, exposed beams, extensive wood details. Spacious back deck with views, large vaulted carport, private space for a hot tub; there is plenty of outdoor space to enjoy the natural surroundings. A heat pump, wood fireplace and hot water radiant heat make for cozy and warm winter days. The lower part of the property is accessible off of Harbour View road, an easy walk into the Madeira Park amenities. There is a lot of versatility here! This is a character home with plenty of potential and an opportunity to bring back its original charm while adding your own touches. Great value here, great opportunity - come check it out!
How this price compares
This lot asks $34 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 6 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
- $585,000
- Lot size
- 16,988 sqft
- Lot dimensions
- 98 x 164
- Frontage
- 98 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1972
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3169791
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Listing data via MLS®. Displayed for information only.