Sold West Vancouver home posts sizable loss compared to 2024 sale
A beautiful West Vancouver home was recently sold, but it sold for less than it did just two years ago.
Located on Kings Avenue in West Vancouver, the listing describes the home as one of the “finest and most elegant homes in Dundarave,” a historic seaside neighbourhood.
In June 2024, the home sold for $6,010,000 based on an asking price of $6,398,000. Earlier this month, the home sold for $4,900,000, or $1.1 million less than the 2024 sale and under the asking price of $5,388,000.
The owner had attempted to sell the home in 2025 and earlier this year for more, being listed for $5,998,000 and $5,498,000, respectively.
In 2024, the home was assessed at $4,356,000. The most recent assessed value is listed at $5,016,000, just a bit higher than the final sold price.
According to the listing on Zealty, the home is 19 years old and situated on one of the area’s “most coveted streets.”
The custom-built home offers 5,401 sq. ft. of space and a 540 sq. ft. garage and storage area. The home offers five bedrooms and five bathrooms.
Sotheby’s International Realty Canada
Other features include an outdoor pool and shower, a hot tub, and a covered BBQ patio next to the pool that you can get to through the eclipse doors in the gourmet kitchen, which would make it the ultimate summer pad.
Sotheby’s International Realty Canada
There’s also a home gym and wine cellar.
Sotheby’s International Realty
Sotheby’s International Realty Canada
Sotheby’s International Realty Canada
By no means is this sale a blip, as there have been many Vancouver homes that have lost value compared to previous sales in recent months, as the real estate market continues to be a struggle for sellers.
$750,000 loss from last sale š£š£š£
Back below 2015 sale price
Was once listed as high as $7,890,000 in 2018
Sold 2015: $4,420,000
Sold 2023: $4,950,000
Just sold: $4,200,0003315 W 38th Avenue, Vancouver pic.twitter.com/PsOaj2DS5a
ā Mortimer (@mortimer_1) May 21, 2026
However, there have also been some homes on the other side of that equation that have sold for above the asking price, though examples of that are far and few between.
According to Greater Vancouver Realtors, there were 659 detached home sales in April, with 5,810 active listings. Homes spent an average of 40 days on the market, and the benchmark price was $1,840,700.
That marked a 2.5 per cent decrease in sales compared to April 2025.