2976 Palmerston Ave, West Vancouver BC - Land for Sale - MLS# R3148330

47 days on the market
$7,370,000
Est. Mortgage $32,605/mo
Listing updated:
EstateBlock checked:
0 sqft
47 days on the market
$7,370,000
Est. $32,605/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2976 Palmerston Avenue

THE GROVE – Build your dream home without compromise and create a world-class estate on this exceptional 35,600+ sq ft south-facing property in Altamont, one of West Vancouver's most coveted neighbourhoods. Offered as bare land, the sun-filled, gently sloping site is cleared and ready to build, with significant preparatory work already completed. Design a custom residence of up to 10,500 sq ft with filtered ocean views, surrounded by mature trees and complete with resort-style amenities including a pool, tennis or pickleball court, golf greens, outbuildings and seamless indoor-outdoor living. Centrally located yet discreet, this 0.818-acre estate-sized parcel is a unique offering in an established enclave where opportunities to build an estate of this scale are increasingly limited.

Exterior Features

Exterior Features Private Yard
View Description Filtered Ocean
Structures Land Only

Building Details

Price $7,370,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Available, Storm Sewer Nearby, Electricity Available, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource) Public
Parking Type Front Access

Lot & Land

Lot Size 35621
Lot Size Depth Feet
Lot Size Frontage 120
MLS® # R3148330
Area West Vancouver
Neighbourhood Altamont
City West Vancouver
Postal Code V7V 2X3
Gross Taxes $29,099.16
Zoning RS2

Property Timeline

Status Date Price
R3148330 / Active 07-21-2026 $7,370,000
to view full Property History (1 earlier record)

Listed by: Royal LePage Sussex

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.

Map & Neighbourhood

Private Schools

Elementary, Secondary
Mulgrave School
Above Average 0.86 km 9.2/10
Elementary, Secondary
Mulgrave School
Above Average 0.86 km 9.2/10

Closest Transit

Bus Stop
Westbound Marine Dr @ 30 St
0.35 km
Skytrain
Skytrain @ Burrard Stn
8.39 km

Crime Rate

Total Crime Rate
Low
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average 50.4%
No Certificate/Degree
Below Average 7.1%
Owner Occupied
Below Average 44.7%
Employment Rate
Average 64.1%

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

Sell Speed & Competition

31 / 100
Overall sell-speed score
May take longer
C
Price competition grade
Avg comparable: $6,507,710
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 8.39 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How ALTAMONT compares
This property
47 DOM
Average
Altamont avg
43 DOM
Average
West Vancouver avg
43 DOM
Faster market

2976 Palmerston Avenue has a sell-speed score of 31/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 11.7% above comparable active properties in Altamont. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.9% and an area average of 43 days on market — buyers have more leverage. With only 508 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V7V 2X3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7V 2X3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 3.8 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Horseshoe Bay, West Vancouver (~6.5 km). Annual avg AQHI 0 — Low Risk.

Heat Low

West Vancouver currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop westbound westmount rd @ benbow rd · 844 m · Transit

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

West Bay Elementary School

Public

Grades Served

K-7

Catchment Info

8.8 / 10

Distance

518 m

Mulgrave School

Independent

Grades Served

K-12

Catchment Info

9.0 / 10

Distance

863 m

Collingwood School

Independent

Grades Served

K-12

Catchment Info

9.1 / 10

Distance

1.09 KM

Irwin Park Elementary School

Public

Grades Served

K-7

Catchment Info

8.7 / 10

Distance

1.41 KM

West Vancouver Secondary School

Public

Grades Served

8-12

Catchment Info

7.9 / 10

Distance

2.63 KM

West Vancouver Inglewood Secondary

Public

Grades Served

Catchment Info

5.3 / 10

Distance

2.65 KM

Pre-computed routes from 2976 Palmerston Ave, West Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Burrard → Waterfront
    106 min
  • Metrotown, Burnaby via Burrard → Metrotown
    120 min
  • SFU Burnaby via Burrard → Production Way
    127 min
  • Richmond Centre via Burrard → Brighouse
    131 min
  • YVR Airport via Burrard → YVR-Airport
    132 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    11 min
  • Metrotown, Burnaby via Lougheed Hwy
    23 min
  • SFU Burnaby via Gaglardi Way
    27 min
  • Richmond Centre via No. 3 Rd
    24 min
  • YVR Airport via Bridgeport / Sea Island
    20 min

Calculate your commute

2976 Palmerston Ave, West Vancouver, BC is ideally located for commuters. The property is 8.4 km from Burrard, with a 106 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Marine Dr @ 30 St (0.35 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 2976 Palmerston Avenue

Walk Score Badge
Car-Dependent 19

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 2976 Palmerston Avenue

/month
Principal & Interest
Property Taxes $2,425
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,474,000), the estimated monthly payment for this listing is $30,573/month — $28,148 principal & interest, $2,425 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $14,849/month, this property runs a $16,146/month shortfall after mortgage and carrying costs. Break-even requires approximately 66% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2976 Palmerston Avenue, West Vancouver

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Altamont, West Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $7,370,000
West Vancouver Loading...
Altamont Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in West Vancouver, similar properties average $6,599,333 across 6 active listings — this listing is 11.7% above the West Vancouver average.

Data is based on list prices of similar active listings. 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 Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2976 Palmerston Avenue

Walk Score Badge
Car-Dependent 19

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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