The week after Labour Day always brings a flurry of new listings as it’s back to business for the real estate market. Despite last month’s sales being sluggish even for August, this week was no exception.
The highest-priced new listing this week in the Lower Mainland (and likely in all of B.C.) is this beauty of a West Vancouver house, which was listed September 5 for $16,888,000.
High up the mountainside in the exclusive British Properties neighbourhood, the brand-new, 2018-completed mansion has nearly 11,000 square feet of living space and luxury finishes that seem to defiantly ask, “What high-end slump?”
The home has six bedrooms, six full bathrooms and two half-baths, a huge living room with double-height ceilings, a glass wine room, state-of-the-art home theatre, and incredible city and water views. Outside, on the 25,000-square-foot property, there is a gorgeous terrace with a 28-foot ozone pool, hot tub and waterfall, plus a golf green and a four-car garage.
The super-prime finishes include Indiana limestone exterior cladding, custom Italian cabinetry, custom European feature lighting, Gaggeneau kitchen appliances, Italian book-matched marble and Franz Viegener bathroom fixtures, to name a few.
The house may be stunning, but there’s no denying it’s also a classic example of West Vancouver’s new “monster homes” that are replacing older, smaller houses in the continued drive for luxury real estate. Records show the last MLS sale on this lot was for a three-bedroom, 2,500-square-foot, 1952-built bungalow, which was sold for its development potential in 2013 for $2.4 million. Wonder how much the new house cost to build…?
And if you’re feeling envious of the lucky buyers of this home, it’s worth pointing out that property taxes on this baby are more than $12,500 a year.