3573 W. 14th Ave., Vancouver
Asking price: $2.499 million (Feb. 27)
Selling price: $2.470 million (March 30)
Days on market: 43
Taxes: $8,686.44 (2022)
Listing agent: Dwayne Launt, Sutton Group West Coast Realty
What they got
This West Coast modern home sits on a steep property with a mountain view, abutting Almond Park, on the border of Kitsilano and Point Grey.
The 1,767-square-foot home has three bedrooms and three full bathrooms, hardwood floors, exposed timber ceilings and beams throughout, two decks with views, sauna, and an open concept floor plan.
The house had been built in 1910 and was rebuilt in 1970 by the architects who also flipped it, says listing agent Dwayne Launt. The kitchen could use an update.
The listing was an estate sale. The long-time owners had purchased the house in 1970. The listing agent held packed open houses and received a few offers that didn’t come together.
Lovers of architecture were drawn to the house. But the bedrooms are spread out over three levels, which didn’t suit some young families, Mr. Launt says.
A couple of developers looked at the property, but the steep site made it difficult to build a big house. A laneway house could be added, though, which would have a forest view of the park.
“Even the builders said, ‘it’s such a cool house and no one builds them like this anymore,’ so they didn’t want to tear it down,” Mr. Launt says.
He ended up receiving three serious offers in one day.
The agent’s take
By today’s standards, the house is small, but the treed lot is a standard 33 by 122 feet.
Mr. Launt couldn’t believe that a lovely house in such a premium location with a view sold for less than the assessed value of $2.619-million. But it had many showings and took over a month to sell, so that’s where the market is at, he says.
“It costs more to buy a vacant lot in the area, without a view. I was shocked, but it was on the market 43 days.”
The sale completes May 1.