$18-million house the most expensive ever listed in B.C.

Thursday, June 24th, 2004

Petti Fong

Tired of those places where “charming” means rundown, and “TLC” actually stands for major gutting required?

Make an offer on the most expensive house ever listed in B.C.

For $18 million, you can be the proud owner of a mansion with a four-car garage and swimming pool with waterfall on approximately 200 feet of natural shoreline in West Vancouver.

The house is less than four years old, and according to the listing, is 11,000 square feet of “world class living.”

Views are from the Lions Gate bridge to Vancouver Island. There are five bedrooms with full ensuites, a separate suite, and of course, to keep everything looking the way it should, maid quarters.

Taxes alone for the place in 2004 are $79,845. For $55 more, at $79,900, you could buy a two-bedroom home in Creston with a single garage and a newer roof.

But that’s Creston, and this $18-million house is on Radcliffe Ave. in West Vancouver.

If this West Vancouver house sells at its asking price, it would nearly double the record for B.C.’s priciest home.

In 2001, the most expensive property ever to change hands on MLS was a Whistler estate home on a 4.8-acre lakefront site that sold for $9.3 million. More recently, a six-bedroom mansion in Shaughnessy sold for $8.3 million, four years after it was originally listed at $11 million.

In West Vancouver, a waterfront property sold in 1996 for $8 million.

Malcolm Hasman, the listing agent for the Radcliffe Ave. home, was unavailable for comment Wednesday.

West Vancouver realtor Jason Soprovich, who is selling a number of multi-million-dollar homes, including one priced at $7 million with its own koi pond and private cove, said the $18-million house will sell.

“There are a few local buyers and international buyers,” Soprovich said, who would be interested in the house. “Many homes have been constructed over the last decade that harbour an exclusiveness in value because of the rarity in size and location and the quality of construction.”

Soprovich said while the $18-million house is the highest ever listed in the Lower Mainland, “new benchmarks are set every day.

Vancouver is now coming into international focus. It probably has been undervalued for a long time, compared to what we have in limited land and the lifestyle that is offered here.”

© The Vancouver Sun 2004

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