5240 Marine Dr, West Vancouver, BC | MLS^® R2965849 Property Details

10.5% price reduction

WEST VANCOUVER'S FINEST WATERFRONT ESTATE is situated on a level 1.58 acre S/W facing low bank private property with over 300 ft of oceanfront and private sheltered sandy beach in a setting that is simply magical! The main home offers approx. 8000 sq/ft of living in addition to a 2 bedroom coach house and private beachside studio. Huge primary rooms with wide open kitchen, family, living, and dining areas all open to the terraced patios flowing out to the sprawling lawns and tranquil gardens connecting to the stunning poolside setting on your private peninsula of property. The traditional grand floor plan features 6 bedrooms, 8 baths, a stunning master suite with glorious balconies overlooking the expansive estate, and close-in island views that go forever! One-of-a-kind World Class Dream!

General Info

Price $17,800,000

Total Bedrooms 6

Total Bathrooms 6

Half Bathrooms 2

Floor Area Total (sqft) 7919

Lot Size 1.5778

Lot Size Depth Feet

Lot Size Frontage 181

Basement Finished

Basement Features BasementFeatures

Property Metrics

Year Built 1941

Age Of Building 84

Building Type Single Family Residence

Property Type Residential

Architecture Style Carriage/Coach House

Stories 3

Building Features BuildingFeatures

Structures Residential Detached

Additional Details

MLS^® # R2965849

Area West Vancouver

Neighbourhood Caulfeild

City West Vancouver

Gross Taxes $123,186.33

Ownership Type Freehold NonStrata

Maintenance Fee -

Community Features Shopping Nearby

Heating & Cooling

Fireplace 3

Heating Type Forced Air, Hot Water, Natural Gas

Utilities

Utility Type Electricity Connected, Water Connected

Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Water (WaterSource) Public

Parking

Parking Type Detached, Garage Double, Garage Single, Front Access, Side Access, Asphalt

Total Parking Spaces 11

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Strata Restrictions -

Rental Restrictions -

Zoning RS3

Rental Suites -

# of Kitchens 4

Flooring Hardwood, Tile

Foundation Concrete Perimeter

Interior Features Guest Suite

Locker -

View Description OCEAN

Units In Development -

Exterior Features Garden, Balcony

Sewer Public Sewer, Sanitary Sewer, Storm Sewer

Roof Wood

Property History

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Status	Date	Price

Rooms

Floor	Type	Dimensions
Main Level	Foyer	14'0 x 14'0 ft
Main Level	Eating Area	12'4 x 12'4 ft
Main Level	Kitchen	12'4 x 12'4 ft
Main Level	Kitchen	12'4 x 12'4 ft
Main Level	Family Room	15'6 x 15'6 ft
Main Level	Solarium	10'6 x 10'6 ft
Main Level	Dining Room	15'4 x 15'4 ft
Main Level	Living Room	18'2 x 18'2 ft
Main Level	Bedroom	18'4 x 18'4 ft
Main Level	Walk-In Closet	9'11 x 9'11 ft
Above Level	Primary Bedroom	15'5 x 15'5 ft
Above Level	Walk-In Closet	7'5 x 7'5 ft
Above Level	Walk-In Closet	7'5 x 7'5 ft
Above Level	Library	18'3 x 18'3 ft
Above Level	Bedroom	16'3 x 16'3 ft
Above Level	Bedroom	16'0 x 16'0 ft
Below	Bedroom	17'5 x 17'5 ft
Below	Recreation Room	17'4 x 17'4 ft
Below	Flex Room	13'0 x 13'0 ft
Below	Utility	15'0 x 15'0 ft
Below	Storage	11'2 x 11'2 ft
Below	Laundry	8'7 x 8'7 ft
Below	Laundry	11'10 x 11'10 ft
Below	Storage	6'8 x 6'8 ft
Below	Sauna	5'2 x 5'2 ft
Main Level	Gym	15'6 x 15'6 ft
Main Level	Kitchen	14'6 x 14'6 ft
Main Level	Dining Room	14'6 x 14'6 ft
Main Level	Living Room	14'6 x 14'6 ft
Main Level	Walk-In Closet	10'5 x 10'5 ft
Main Level	Kitchen	12'3 x 12'3 ft
Main Level	Dining Room	7'7 x 7'7 ft
Main Level	Bedroom	8'1 x 8'1 ft
Main Level	Storage	8'2 x 8'2 ft
Main Level	Storage	4'5 x 4'5 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Main Level	Yes	#4
Above Level	Yes	#5
Above Level	No	#5
Below	No	#2

Listed by: Sotheby's International Realty Canada

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.

Neighborhood Info

Private Schools

Elementary, Secondary

Mulgrave School

5.3 km

9.7/10

Excellent

Elementary, Secondary

Mulgrave School

5.3 km

9.7/10

Excellent

Closest Transit

Bus Stop

Northbound Marine Dr @ 5200 Block

0.12 km

Skytrain

Skytrain @ Burrard Stn

12.56 km

Noise/ Power Lines

Road/Hwy Noise

Unlikely

Railway/Sky train Noise

Unlikely

Airport/Port Noise

Unlikely

Close to major Power Lines

Unlikely

Other

Agricultural Land Reserve (ALR)

Unlikely

Flood Area

Unlikely

Close to Cemeteries

Unlikely

Welcome to 5240 Marine Drive, West Vancouver, BC - A Charming Haven

As we walk through the beautiful neighborhood of Caulfeild, you'll find yourself surrounded by lush greenery and tranquil views of the ocean. Let's start with the top-notch educational institutions in the area. For families, Mulgrave School is a top choice, boasting an impressive rating of 9.7/10, and conveniently located just 5.3 km from this stunning residence at 5240 Marine Drive. The school's commitment to academic excellence and extracurricular activities makes it a perfect fit for families who value a well-rounded education.

Safety First

According to the latest crime data from Statistics Canada (2020), this neighborhood is considered a safe haven. With a crime rate of 4,969.41 incidents per 100,000 population, it ranks as Low compared to other Canadian cities. In fact, the year-by-year change in the total crime rate is an impressive -10.40%. This means you can enjoy peace of mind knowing that your family is living in a community with low crime rates.

Community Values

As we explore the demographics of this area, you'll notice that 49% of residents hold a university certificate or degree, making it a High percentage compared to other BC neighborhoods. This indicates a strong emphasis on education and personal growth. Additionally, the median household income is a respectable $145,481, which is High compared to the British Columbia average.

Convenience and Lifestyle

Getting around is a breeze with the Northbound Marine Dr @ 5200 Block bus station just a short 0.12 km walk from this property. Imagine enjoying the convenience of public transportation while still having the freedom to explore the area on foot or by car. The area is also close to shopping malls, grocery stores, restaurants, and coffee shops, making it an ideal location for those who appreciate the finer things in life.

Real Estate Insights

As we delve into the real estate context, you'll notice that the average dwelling value in this neighborhood is $2,443,032, which is High compared to other areas in British Columbia. This makes 5240 Marine Drive, West Vancouver, BC a highly sought-after address for those seeking a luxurious lifestyle. The average owner payments are also High, with owners spending $2,309 on average for their dwellings.

A Thriving Community

This neighborhood is a true gem, offering a unique blend of natural beauty, Convenience, and community values. With a low percentage of renters (8.4%) and a high percentage of married or living common law couples (69.5%), it's clear that this area is perfect for families and individuals who value stability and a strong sense of community.

Discover Your Dream Home

As we conclude our tour of 5240 Marine Drive, West Vancouver, BC, MLS^® R2965849, I hope you've fallen in love with this incredible property. With its stunning location, top-notch schools, and thriving community, it's the perfect place to call home. Contact me today to schedule a viewing and make your dreams a reality!

Key Statistics:

Elementary school: Mulgrave School (9.7/10 rating, 5.3 km from home)
Crime rate: Low (4,969.41 incidents per 100,000 population)
Demographics: 49% university certificate/degree holders, 9% no certificate or degree
Median household income: $145,481 (High compared to BC average)
Average dwelling value: $2,443,032 (High compared to BC average)
Average owner payments: $2,309 (High)
Unemployment rate: 6.2% (Below Average)
Population density: 169 people per sq.km (Below Average)
Average family size: 2.9 (Average)
Percent of families with children: 56% (Average)
Percent of married or living common law: 69.5% (High)
Average age of population: 45.4 (Above Average)
Average value of dwellings: $2,443,032 (High)
Average owner payments: $2,309 (High)
Tenants' average payment: $3,124 (High)
Renters: 8.4% (Low compared to BC cities)
English and French speakers: 10.7% (Above Average)
Neither English nor French speakers: 3.5% (High)
Public transportation users: 8.7% (Average)
Car users: 87.6% (Average)
Bicycle users: 0.7% (Below Average)
Walkers: 1.6% (Low)