4641 GERRANS BAY ROAD, Madeira Park
$769,000
This 11,761 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.
Welcome to this inviting 3-bedroom, 3-bathroom home in sought-after Pender Harbour, set on 0.27 acres of level land near the end of the quiet Gerrans Bay Road cul-de-sac. The comfortable home features an updated kitchen, refreshed paint, and a cozy wood stove that adds warmth and character. Oversized sliding doors create an easy connection to the covered patio and private backyard, bordered by mature cedar hedges for added privacy. Enjoy a peaceful coastal setting just a 2-minute walk from public harbour access, with endless opportunities to get out on the water, and only a 10-minute stroll to beautiful Francis Point Marine Park. A wonderful opportunity to enjoy the relaxed Pender Harbour lifestyle.
How this price compares
This lot asks $65 per square foot of lot. That is 88% above the median of $35 across the 13 active lots VanPlex is showing in Madeira Park, and puts it 11 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
- $769,000
- Lot size
- 11,761 sqft
- Lot dimensions
- 75 x 183
- Frontage
- 75 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1976
- MLS® area
- Pender Harbour Egmont
- MLS® number
- R3167205
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Listing data via MLS®. Displayed for information only.