885 MARGAREE PLACE, West Vancouver
$3,249,000
This 12,480 sqft property in West Vancouver is a detached single-family home on a lot the new rules make suitable for a multiplex. West Vancouver follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The large lots here give unusual design flexibility.
Beautiful storybook Rancher w/ basement in Cedardale. Perched at the crest of a quiet cul-de-sac - this home offers a ton of space and all the outdoor needs you could be after. Over 3500 sq ft inside - 4 beds w/ office, 4 bathrooms and a rec room downstairs with rental/nanny suite potential. Meticulously updated and maintained over the years - chefs kitchen with wolf range and sub zero fridge, large quartz island, beautiful hardwood floors, air conditioning, central vac and all the main functions of home updated. Massive west facing flat backyard, mature hedges provide a ton of privacy, swimming pool and yard area. 2 car carport with level 2 EV charger. Minutes to park royal, shopping, lions gate bridge and steps to top ranked Cedardale Elementary School.
How this price compares
This lot asks $260 per square foot of lot. That is 21% above the median of $216 across the 178 active lots VanPlex is showing in West Vancouver, and puts it 114 of 178 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
- $3,249,000
- Lot size
- 12,480 sqft
- Lot dimensions
- 104 x 120
- Frontage
- 104 ft
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- 1964
- MLS® area
- Cedardale
- MLS® number
- R3165020
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Listing data via MLS®. Displayed for information only.