2014-03-02



If I had a dollar for every view on this site I could almost buy a laneway house in good old Vancouver!  To celebrate 1 million hits, I’ll post the current listings that have dropped the largest $ in asking price

You need a $3.82 million drop to make this list!  7 of the homes are in West Vancouver

#10 ) Address:15 BRUNSWICK BEACH RD, Lions Bay, West Vancouver

June 23, 2012

V958302

$9,800,000

$0

0%

September 17, 2012

V958302

removed after 86 days

October 11, 2012

V975931

$6,980,000

$-2,820,000

-29%

August 29, 2013

V975931

removed after 322 days

September 05, 2013

V1024869

$5,980,000

$-3,820,000

-39%



Current Days on Market: 618 (1.69years)

Current ‘Official’ Days on Market: 179
2013 Assessment: $4,030,000
Desperation Score: 16.7

One of a kind wrap around waterfront property with spectacular views to Anvil, Gambier, Keats, Bowyer and Bowen Islands. Feels like being on a “yacht at sea” surrounded by majestic marine life. Interior features 3 bedrooms, 5 bathrooms on 2 levels of luxurious living space and captivating views from every room. Outdoor features include an ocean-side pool, commercial grade seawall with 2 beach accesses. Nothing compares to this extraordinary residence that is situated on a 12,100 sqft level lot at the end of a very quiet cul-de-sac. Must be seen to be truly appreciated.

#9 ) Address:850 KING GEORGES WY, British Properties, West Vancouver

January 29, 2012

V928466

$10,900,000

$0

0%

April 25, 2012

V928466

removed after 87 days

October 11, 2013

V1031402

$6,999,999

$-3,900,001

-36%



Current Days on Market: 143 (0.39years)

Current ‘Official’ Days on Market: 143
2013 Assessment: $6,941,000
Desperation Score: 16.5

This is an absolutely stunning 10,000 sq. ft. custom built view home situated on a completely private 21,780 sq. ft. level property. Features of this luxurious home include 7 bedrooms, 10 bathrooms, commercial fry kitchen off the luxurious main kitchen and a dramatic entrance foyer. You will be impressed from the power front gates and huge auto court with 3 car garage to the level back yard with city views. This is an absolutely stunning mansion situated on one of the British Properties finest streets. This home is very impressive.

#8 ) Address:5770 EAGLE HARBOUR RD, Eagle Harbour, West Vancouver

April 13, 2011

V881895

$12,900,000

$0

0%

October 05, 2011

V881895

removed after 175 days

October 08, 2011

V914562

$11,900,000

$-1,000,000

-8%

February 29, 2012

V914562

removed after 144 days

March 04, 2012

V935116

$10,988,000

$-1,912,000

-15%

December 19, 2012

V935116

removed after 290 days

January 09, 2013

V983951

$9,988,000

$-2,912,000

-23%

August 19, 2013

V983951

removed after 222 days

August 22, 2013

V1023155

$8,995,000

$-3,905,000

-30%

December 28, 2013

V1023155

removed after 128 days

January 16, 2014

V1041324

$8,995,000

$-3,905,000

-30%

Current Days on Market: 1055 (2.89years)

Current ‘Official’ Days on Market: 46
2013 Assessment: $4,686,000
Desperation Score: 18.6

This spectacular waterfront contemporary offers the rarity of year-round protected deep water moorage with a 50 foot dock sited on 190 feet of natural shoreline. Designed by John Kay, the house is a stunning example of West Coast architecture at its best. The finest of natural materials create a dramatic open floor plan with 24 ft vaulted ceiling and rotunda style skylight; soaring cedar timber columns; world-class wine cellar; luxurious master suite ;library/den and separate guest accommodations. This is truly a one-of-a-kind property that stands alone amongst its waterfront peers. Located at the end of a private cul de sac just steps to Eagle Harbour beach and Yacht Club and a mere 25 min. to downtown Vancouver.

After knocking off a million dollars a year they’ve temporarily slowed down the descent

 

#7 ) Address:13822 MARINE DR, White Rock, White Rock

September 07, 2013

F1320863

$18,888,000

$0

0%

January 31, 2014

F1320863

$14,888,000

$-4,000,000

-21%

Current Days on Market: 177 (0.48years)

Current ‘Official’ Days on Market: 177
2013 Assessment: $5,790,000
2011 Assessment: $5,475,000
Desperation Score: 20.2

A special property located within the most prestigious row of 70,000 + sq ft south facing water view lots on desired Marine Dr in White Rock. Not many large water view lots like these in all of the Vancouver area! This 14000 + Sq Ft, 3 level estate home was designed by Bill Daniels and built to the most luxurious & quality standards. A residence for the most discerning owners boasts too many features to list. A few include elevator, indoor pool, massage room, spa, theatre and stage, entertainment area & gym. Massive main kitchen, with integrated self contained spice kitchen for your chef. Main master on top corner with 2 more master size bedrooms all with fabulous water views, private sitting areas and terraces. Two more bedrooms at front with built in desks and cabinetry, full ensuites and quiet balconies. Grand entrance, spiral staircase and domed 20 ft ceiling in living room. Attached 4 car oversize garages with 1000 SF coach house residence above. Fabulous gated entrance to waterfall features surrounding.

Only surprise here is that they didn’t list it for $88,888,88.  After a $4 million drop this could be the stupidest listing price on the planet

#6 ) Address:3656 MCKECHNIE AV, West Bay, West Vancouver

August 10, 2011

V904258

$14,998,000

$0

0%

February 29, 2012

V904258

removed after 203 days

October 27, 2012

V978338

$13,900,000

$-1,098,000

-7%

September 14, 2013

V978338

$11,998,000

$-3,000,000

-20%

January 23, 2014

V978338

removed after 453 days

January 27, 2014

V1043665

$10,998,000

$-4,000,000

-27%

Current Days on Market: 492 (1.35years)

Current ‘Official’ Days on Market: 35
2013 Assessment: $3,550,800
Desperation Score: 24.6

DEVELOPMENT OPPORTUNITY! A spectacular almost 1.7 acre water view estate comprised of 3 legal pptys offering sensational southern ocean, city & coastline vws from Mt.Baker to Point Grey. 294′ frontage. Compl priv, tranquil gardens, lush vegetation & gorgeous rock outcroppings. Detailed surveys & plans for stunning new 12,000 sqft mansion – designed by Award Winning architect, Brad Lamoureux. Mins to Dundarave Village & dwntwn Van, the ppty has an existing res cosmetically remodeled w/sprawling flrpln opening out to sunfilled terrace overlooking the priv gardens & smashing views. A fabulous interim rental. Magnificent oppt’y to acquire one of West Van’s premier Estates & to develop your own luxurious, World Class Residence!

Just your standard $11 million lot that’s still listed for triple assessment

#5 ) Address:1645 SOUTHLANDS LN, Whistler, Whistler/Pemberton

December 02, 2012

V981698

$9,000,000

$0

0%

September 05, 2013

V981698

removed after 277 days

September 09, 2013

V1025966

$4,988,000

$-4,012,000

-45%

Current Days on Market: 456 (1.25years)

Current ‘Official’ Days on Market: 175
2013 Assessment: $1,945,000
Desperation Score: 19.3

This alpine contemporary rancher is a stunning home designed by Shift Architecture. The 4600 square foot home sits on a 2.06 acres estate lot in a private valley floor setting. Enjoy spectacular views of Arm Chair Mountain while sitting on your patio next the 20 ft waterfall. This luxurious home offers 5 bedrooms including 2 master bedrooms, media room, large mud room and much more…Award winning contractor Vision Pacific has started construction on this green home which will be completed in the fall of 2014.

LOL, the $15 million White Rock home has some stiff competition for stupidest listing price ever

#4 ) Address:5347 KEW CLIFF RD, Caulfeild, West Vancouver

April 07, 2007

V638852

$8,400,000

$0

0%

July 30, 2007

V638852

removed after 114 days

September 16, 2007

V668834

$9,000,000

$0

0%

December 04, 2007

V668834

removed after 79 days

August 21, 2011

V906191

$14,300,000

$0

0%

October 13, 2011

V906191

$12,980,000

$-1,320,000

-9%

April 11, 2012

V906191

$9,980,000

$-4,320,000

-30%

June 14, 2012

V906191

removed after 298 days

June 23, 2012

V958265

$8,998,000

$-5,302,000

-37%

November 10, 2012

V958265

$7,898,000

$-6,402,000

-45%

May 30, 2013

V958265

removed after 341 days

June 13, 2013

V1011939

$9,980,000

$-4,320,000

-30%

Current Days on Market: 925 (2.53years)

Current ‘Official’ Days on Market: 263
2013 Assessment: $7,940,000
Desperation Score: 7.3

Oceanfront. A spectacular setting, private and peaceful with large trees and gorgeous ocean views!! Located just off Seaside Place at the end of a level cul-de-sac. Just steps to sandy beach. A once in a lifetime to aquire a very special property. Offering over 5,500 sf of outstanding luxury & detail throughout on all 3 levels. Large entertainment size rooms including a Feature curved staircase with wrought iron railings, all French doors leading onto spacious walk out patios with wonderful outdoor swimming pool & jacuzzi. This beautifully appointed luxury home features a world class International kitchen, separate den or office, Theatre room, Wine cellar and more. Absolutely a pleasure to show!

Just when they were starting to approach something realistic (at least in today’s messed up housing bubble version of realistic) they decide to increase the price by $2 million.  See you again soon

#3 ) Address:5050 HAPPY VALLEY LN, Caulfeild, West Vancouver

January 13, 2013

V985044

$28,800,000

$0

0%

April 16, 2013

V985044

$23,800,000

$-5,000,000

-17%

June 19, 2013

V985044

removed after 157 days

June 28, 2013

V1015027

$23,800,000

$-5,000,000

-17%

September 30, 2013

V1015027

removed after 94 days

October 04, 2013

V1030064

$22,800,000

$-6,000,000

-21%

December 21, 2013

V1030064

removed after 78 days

January 16, 2014

V1040132

$22,800,000

$-6,000,000

-21%

Current Days on Market: 414 (1.13years)

Current ‘Official’ Days on Market: 46
2013 Assessment: $8,384,000
Desperation Score: 24.4

This rare and stunning European style mansion is a private property situated on an estate lot of over 2.3 acres. It boasts almost 13,000 sq ft of world class living with ocean sunset views & borders a heritage old growth park in West Vancouver. This elegant residence is built w/quality & artisan craftsmanship, designed w/passion & features many “one of a kind” & “1st of” materials & features. Impressive front courtyard & numerous French limestone patios & loggias. 7 bedrooms & 6 luxurious designer baths, an expansive kit w/sea & park views, a sophisticated high ceiling grand walnut library, a rare find Bespoke walnut wine cellar w/waterfall, sophisticated lighting system, HVAC, music & sec systems, a 4 car garage & more.

Almost triple assessment but they seem to think they are pretty close based on the “small” price drops recently

#2 ) Address:6171 ST GEORGES CR, Gleneagles, West Vancouver

December 13, 2007

V679543

$12,888,000

$0

0%

June 01, 2008

V679543

removed after 171 days

July 01, 2008

V719453

$9,980,000

$-2,908,000

-23%

March 06, 2009

V719453

$6,800,000

$-6,088,000

-47%

January 03, 2010

V719453

removed after 551 days

January 06, 2010

V802108

$6,800,000

$-6,088,000

-47%

March 25, 2010

V802108

$5,995,000

$-6,893,000

-53%

March 23, 2011

V802108

removed after 441 days

January 16, 2014

V1039989

$6,880,000

$-6,008,000

-47%

Current Days on Market: 46 (0.13years)

Current ‘Official’ Days on Market: 46
2013 Assessment: $5,003,000
Desperation Score: 4.9

An Amazing 1.03 ACRE Waterfront property offering spectacular SW ocean & island views! Offering approx 250′ of natural shoreline with oceanside pool, terraces, & complete privacy. A unique offering to own a world class Waterfront Estate in one of West Van’s most unique West Coast environments. The home is ready for your renovation ideas & offers 3 spacious bedrooms including a large master suite, wonderful kitchen space, large entertainment sized rooms & fantastic recreation room. All rooms open out to a covered veranda overlooking the private gardens, pool & breathtaking views! Value is in the land only but a rare offering to develop your very own custom seaside mansion!

#1 ) Address:1416 WESBROOK CR, University, Vancouver West

April 18, 2010

V823102

$12,880,000

$0

0%

June 22, 2010

V823102

removed after 65 days

June 22, 2012

V957905

$27,800,000

$0

0%

November 20, 2012

V957905

removed after 151 days

December 29, 2012

V983132

$23,800,000

$-4,000,000

-14%

December 28, 2013

V983132

removed after 364 days

January 16, 2014

V1040407

$19,800,000

$-8,000,000

-29%

Current Days on Market: 619 (1.70years)

Current ‘Official’ Days on Market: 46
2013 Assessment: $14,281,000
2011 Assessment: $12,263,000
Desperation Score: 20.9

This 7 year custom built house in prestigious UBC area give you view of water, mountain & city. 7876 SF living area on 30545 SF of beautifully landscaped with outdoor pool. It offers elegant LR & DR, spacious family room & a nice wok kitchen on main. Upper level, 3 nice sized bedrooms plus a huge living room (can be 4th bedroom). Basement: spacious recreation & media room, wine cellar. A must see!

They increase the price by roughly $15 million over what they paid for it then are likely surprised that they have to lower the price by $8 million.  That fake gold mansion listing that dropped close to $30 million may never lost it’s title but almost guaranteed this one will get into the $15 million drop club

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