4707 FRANCIS PENINSULA ROAD, Madeira Park

$1,480,000

This 34,412 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.

Experience the best of coastal living with this beautiful low-bank waterfront home in Gerrans Bay. Featuring 4 bedrooms and 3 bathrooms, this inviting property offers plenty of space for family and guests. Step outside to the large deck overlooking the bay, the perfect place to relax, entertain, and take in the peaceful waterfront setting. Boating enthusiasts will love the brand new 40-foot dock with a new 10-year licence, offering excellent deep-water moorage and easy access to the water. Enjoy endless recreation right from your doorstep, including boating, kayaking, paddle boarding, crabbing, prawning, and some of the best fishing on the Sunshine Coast. Tucked away in a tranquil setting yet just a short drive to the shops, restaurants, and amenities of Madeira Park.

How this price compares

This lot asks $43 per square foot of lot. That is 24% above the median of $35 across the 13 active lots VanPlex is showing in Madeira Park, and puts it 10 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
$1,480,000
Lot size
34,412 sqft
Lot dimensions
148.65 x IRR
Frontage
148.65 ft
Bedrooms
3
Bathrooms
3
Year built
1960
MLS® area
Pender Harbour Egmont
MLS® number
R3138029

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Listing data via MLS®. Displayed for information only.