505 UPPER BAYVIEW ROAD, Lions Bay
$2,298,000
This 18,652 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.
Perched high above Howe Sound in Lions Bay, this West Coast contemporary frames a spectacular mountain, island and ocean view. Skylights, floor-to-ceiling windows and fir doors in every principal room open to more than 2,000 sq ft of decks and patios, a hot tub space off the primary, and a sheltered garden patio below. Inside, 3,667 sq ft over two levels offers four-plus bedrooms, luxe bathrooms, an office, a light-filled studio, a family room, and a proper mudroom and formal entrance. The bones are excellent, the setting irreplaceable, and the sunsets linger. Large lot, mature cedars, double carport with EV charger. Minutes to the beach, trails and community school, thirty minutes to downtown. Buy the view. There is room to make this home truly your own.
How this price compares
This lot asks $123 per square foot of lot. That is 21% below the median of $155 across the 12 active lots VanPlex is showing in Lions Bay, and puts it 2 of 12 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
- $2,298,000
- Lot size
- 18,652 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1974
- MLS® area
- Lions Bay
- MLS® number
- R3163200
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Listing data via MLS®. Displayed for information only.