This expansive 29,000+sq ft lot is perfectly positioned on a private cul-de-sac, just steps from Caulfeild Village in prestigious West Vancouver. Zoned RS3 (Single Family Dwelling Zone 3), this rare offering provides endless potential to build your dream estate or create a timeless legacy home for generations to come. The property features a meticulously levelled building site with substantial retaining walls already completed—saving you significant time and development costs. Enjoy sweeping panoramic ocean views from this elevated vantage point. Whether you envision a modern architectural masterpiece or a grand West Coast estate, this ready-to-build parcel is your canvas. A luxurious opportunity in one of West Vancouver’s most sought-after neighborhoods.
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NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.
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Welcome to the stunning Cypress Park Estates neighborhood in West Vancouver, where luxury meets tranquility. I'm thrilled to share with you the unique features of this exceptional community, located at 4783 Westwood Place, West Vancouver, BC, and listed for sale under MLS# R3073132.
Education
As a top priority for families, we're delighted to report that the closest elementary independent school to this property is the highly-rated Mulgrave School, boasting a 9.7/10 rating and situated just 4.28 km away. Mulgrave School offers an exceptional educational experience, catering to students from kindergarten to grade 12. This esteemed institution is part of the Mulgrave School Society, a renowned organization that has been shaping young minds for over 60 years.
Safety
The safety of our community is of utmost importance, and I'm pleased to inform you that the crime rate in this neighborhood is Low compared to other Canadian cities, according to the 2020 Statistics Canada report. With a rate of 4,969.41 incidents per 100,000 population, you can feel confident in the security of this area. Additionally, the drug crime rate is Low, with only 28 incidents reported in 2020, and a year-over-year decrease of -23.85%. Property crimes are also Average, with a rate of 3,165.63 incidents per 100,000 population.
Demographics
This neighborhood is a haven for families and professionals alike, with a high percentage of residents holding university certificates or degrees (49%), ranking High in comparison to other BC neighborhoods. Conversely, only 9% of the population in this area have no certificate or degree, which is Low compared to the average in BC. The median household income is a respectable $145,481, making it High compared to the British Columbia average.
Transit
Convenience is key, and you'll appreciate the proximity of this property to public transportation. The Southbound Northwood Dr @ Woodburn Rd bus station is just 0.41 km away, making it easy to commute to nearby cities and attractions.
Lifestyle Amenities
Cypress Park Estates offers an array of lifestyle amenities that cater to various interests. Residents can enjoy the beautiful parks, beaches, and trails in the area, perfect for outdoor enthusiasts. Shopping malls, grocery stores, and restaurants are also within easy reach. For dog owners, there are dog parks nearby, ensuring your furry friend stays happy and healthy.
Real Estate Context
The average value of dwellings in this neighborhood is $2,443,032, ranking High compared to other areas in British Columbia. This is a prime opportunity to invest in a luxury property, with a High average owner payment of $2,309 per month. Tenants, too, can expect a High average rent of $3,124 per month.
Population and Growth
The population density in this area is 169 people per square kilometer, which is Below Average compared to other neighborhoods. However, the population change between 2011 and 2016 was -1.8%, which is Below Average in comparison to average growth rates in this region.
Family-Friendly
This neighborhood is an ideal place to raise a family, with an average family size of 2.9 people and 56% of families having children. The average age of the population is 45.4 years, which is Above Average in comparison to other BC cities.
Language and Transportation
The primary language spoken in this area is English, with 85.8% of residents speaking only English, which is Below Average. However, 10.7% of the population speaks both English and French, which is Above Average. When it comes to transportation, 87.6% of residents use cars, while 8.7% use public transportation, and 1.6% walk.
In conclusion, 4783 Westwood Place, West Vancouver, BC, MLS# R3073132, offers a unique blend of luxury, tranquility, and convenience. With its exceptional schools, Low crime rate, and High median household income, this property is an attractive option for families and professionals alike. I invite you to experience the best of West Vancouver living, and I'm here to guide you every step of the way.
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