Vancouver

This View Every Day? Yours for $18.8 Million

By
REW.ca
November 30, 2017






REWcap Main
This $18.8 million UBC home sits on a 30,000-square-foot lot with incredible views — Listing agents: Dan J Skalnik, Dan Vivian Wang

Hexagonal 1960s house on stunning UBC lot is last week’s priciest new listing, #REWCAP reveals

Wouldn’t it be a dream to wake up to this view every day? That’s the reality for whoever buys the modernist UBC house that was the most expensive new listing in Greater Vancouver the week of November 20-26, our #REWCAP market roundup shows.

The “House of Light” is a hexagonal home designed by architect Ian Davidson and built around a courtyard-atrium with floor-to-ceiling windows. It has four bedrooms, four bathrooms and more than 4,000 square feet of internal living space.

REWcap Courtyard
Listing agents: Dan J Skalnik, Dan Vivian Wang

Architect Ian Davidson designed this 1960s house around a hexagonal atrium

It also sits on a 30,000-square-foot lot with mature gardens and a flowering meadow, on the prestigious UBC street of Newton Wynd, with those incredible vistas of the ocean and Coastal Mountain range. This amazing home was listed on November 22 for $18.8 million.

The priciest attached home to be listed the same week is also all about the views. A lavish 12th-floor condo in an exclusive building in West Vancouver’s Dundarave, in which there is only one unit per floor, it is 3,000 square feet in size, has three bedrooms and enjoys amazing English Bay, city and sunset views towards Vancouver Island. The luxury condo was listed for $8.8 million on November 23.

These homes were two of the 808 new listings on the Real Estate Board of Greater Vancouver (REBGV) Multiple Listing Service® the week of November 20-26. As of November 30, there were a total of 8,756 homes for sale in the region – a continued decline as real estate market activity winds down for the holidays.

(Story continues below.)

REWCap Nov 30

While median listing prices for detached houses and townhouses across the REBGV region both slipped slightly from the previous week, at $2,168,370 and $987,500 respectively, they remain elevated. And condo listing prices continue to rise week over week, standing at $729,000 as a median of all condos listed for sale in Metro Vancouver as of November 30.

Detached homes in the region are taking increasingly longer to sell, with the median days on market of all currently listed single-family homes now 66 days. However, the number of price drops is declining, with only 310 listed homes seeing their prices reduced during the week of November 20-26.

 

Like what you read? To get the latest real estate news as it happens, sign up for our newsletter in the footer below and follow us on Facebook and Twitter


Joannah Connolly has been editor and content manager of REW.ca since May 2014. Joannah has appeared on major local TV outlets as a real estate commentator, and has moderated and spoken on several industry panels. During this time, she also spent two years hosting the Real Estate Therapist radio show on Roundhouse Radio 98.3FM. A dual Canadian-British citizen, Joannah has 20 years of journalism experience in Vancouver and London, with a prior background in construction, architecture and business media.
© Copyright 2017

Comments

REW.ca welcomes your opinions and comments. We do not allow personal attacks, offensive language, unsubstantiated allegations or self-promotional content, including promotional website links. We reserve the right to unpublish comments, to edit them for length, style, legality and taste, and to reproduce them in print or online. For further information, please contact the editor or publisher, or see our Terms and Conditions.

comments powered by Disqus

Email to a Friend

Close