Vancouver home selling way over assessed has some wild features

A Vancouver home near UBC featuring extraordinarily glamorous touches is selling for $13,800,000, nearly $6 million over its assessed value.

BC Assessment says that 5957 Chancellor Boulevard is valued at $7,806,000, and the land is assessed at $4,395,000. The buildings are valued at $3,411,000.

This home features some luxurious touches we’ve never seen in another luxury home.

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The six-bedroom and eight-bathroom home features two storeys with a basement suite. The house was built in 2012, and the previous property sold in 2009 for $2,680,000.

“The chef’s kitchen is a culinary delight,” Royal Pacific Realty’s listing says. The kitchen has a six-burner stove, a sub-zero fridge, a steam oven and an espresso machine. You could host some killer parties here if you happened to have a spare $13 million.

Crafted by Traven Construction and designed by Stephanie Brown, the home features nearly 6,000 ft of living space. It also features ocean views.

The home has several luxurious features that we have seen in other mansions, like a private pool, a hot tub, and a barbecue area. Some of the things we haven’t necessarily seen before include a custom wine cellar and a built-in cigar humidor.

It also features a private and intimate “state-of-the-art theatre” with chairs resembling Cineplex VIP seating.

There’s also an elevator that blends seamlessly into the home.

The home was listed on February 4, marking its second listing. It was previously listed in August 2024, and the listing expired in January of this year.

“This home offers the ultimate in refined living,” the listing adds.

Unfortunately, refined living in Vancouver isn’t cheap for most average-income earners.