'Unmatched' 96-year-old Vancouver home listed for $27.5M

A stunning, nearly 100-year-old Vancouver home, which has been on the market for just over a year, has been recently re-listed for a price as remarkable as the property itself.
2106 SW Marine Dr. is a massive 10,709 sq. ft. property that was listed for $27,500,000 on June 10, 2024. This year, the listing was refreshed for the same price on the same date.
While the pricetag is high, it sold for not much higher back in 2018, when it was purchased for $23,000,000, which was under the asking price of $24,750,000, according to Zealty.
This is The Gables Estate, which the listing has labelled the “pinnacle of luxury.”
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Sotheby’s International Realty Canada
The home features six bedrooms, nine bathrooms, and sits on 4.25 acres of land.
“Enjoy sweeping vistas reaching the Gulf Islands and a 65-foot infinity pool merging with the horizon,” the Sotheby’s International Realty Canada listing states.

Sotheby’s International Realty Canada
Considering the age of the house, it’s clear that a lot of work has been invested in keeping it looking fresh. Pictures show a well-maintained home that features a modern design, but you can still definitely feel the history of the property.
The home includes all the usual features you’d expect to find in a house listed for such a high price, but the staging is a step up compared to some listings.
“Experience cinematic wonders in the home theatre or sample fine wines in the cellar,” the listing invites.

Sotheby’s International Realty Canada
Examining the assessment history of the 1929-built home, currently valued at $24,301,000, reveals a significant increase in its value between 2016, when it was assessed at $9,903,000, and 2017, when the value jumped to $18,002,000. That potentially signals that the home underwent significant improvements in that span of time.

Sotheby’s International Realty Canada
The home is actually among the top 100 highest-valued properties in the province, according to BC Assessment.
BC Assessment values the land at $14,787,000.
Each living area offers a distinct vibe suitable for a variety of moods and activities.

Sotheby’s International Realty Canada

Sotheby’s International Realty Canada

Sotheby’s International Realty Canada
The property boasts numerous expertly manicured and landscaped outdoor spaces.

Sotheby’s International Realty Canada

Sotheby’s International Realty Canada
The listing boasts that the home features a private park accessible by wandering through forested paths. It’s also perfect for golf enthusiasts, with the listing stating, “Sharpen your skills on the putting green or immerse yourself in the botanic gardens’ splendour.”

Sotheby’s International Realty Canada
The Vancouver home even features a room perfect for fitness or dance practice.

Sotheby’s International Realty Canada
“This estate is unmatched, a treasure among Vancouver’s elite homes, a symphony of opulence and elegance, a once-in-a-lifetime offering.”
What do you make of the price tag?