Price ain't right: Vancouver architectural marvel can't attract buyer
A Vancouver home in the British Properties designed by legendary Canadian architect Arthur Erickson is having trouble finding a buyer despite numerous steep price drops.
Located at 1056 Groveland Road, the 36-year-old home with five bedrooms and bathrooms is currently listed for $7,988,000 and was most recently valued by BC Assessment at $5,908,000.
The home was listed for $12.8 million last year and $16.8 million in 2018.
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Rennie & Associates Realty Ltd.
The British Properties, where the home is located, is a residential area in West Vancouver.
According to Rennie & Associates Realty, the “iconic” Erickson-designed home is called Eppich House II and is a “prime example of his imaginative planning and meticulous execution. ”
It’s also called one of the “most comprehensive homes” designed by Erickson.
Rennie & Associates Realty Ltd.
Pictures highlight a pronounced ’70s aesthetic, even though it was built in the ’80s, resembling something you’d see in a Stanley Kubrick movie.
Rennie & Associates Realty Ltd.
The current listing, which went up in April of this year, says the home features 6,486 sq ft of space.
Rennie & Associates Realty Ltd.
The home was recently “painstakingly renovated,” and it does include a pool.
Rennie & Associates Realty Ltd.
The home also features a hot tub and a games room, and it just looks cozy af.
Rennie & Associates Realty Ltd.
Rennie & Associates Realty Ltd.
This property sparked a recent social media discussion, and based on pictures, you’ll likely agree with one X user who thinks the home is “so 70s.”
This is so 70’s!!! Amazing!!!
— Otto Carreño (@OttoCvP) September 8, 2024
Another X user who comments on local real estate thinks that the price will need to be lower for someone to take the chance on this home.
Listing history…🤦🏽♀️
Gonna have to drop the price again. $8 mill ain’t getting it done. pic.twitter.com/18fGK2chgd— Julia Longpre (@juliamarblefaun) September 9, 2024
Do you like the aesthetic, or is it a bit too old school?