A Point Grey home, one of the most valuable homes in Vancouver and the province, that has been on the market since spring 2025, just got a price drop.
3513 Point Grey Rd. has been on the market since at least March 2025, according to Zealty.
BC Assessment says it’s one of the top 200 most valuable homes in all of B.C. The most recent BC Assessment says the home is valued at $15,671,000. BC Assessment states that a majority of that value is attributed to the land ($15,501,000).
In March 2025, the home was listed for $21,980,000. That listing expired in September 2025. It was re-listed again for the same price in October 2025 before the listing was terminated the following month.
The home stayed off the market until April 2026, when it was listed at a reduced price of $20,798,000. That listing lasted till earlier this week before it was terminated.
Now, the home is listed for $19,500,000.
WESTSIDE Tom Gradecak Realty
According to the listing, the 56-year-old home features three bedrooms and four bathrooms, with just over 5,000 sq. ft. of living space.
WESTSIDE Tom Gradecak Realty
The listing calls the home a “refined waterfront residence” that was transformed by Dan White with “a seamless balance of artistry and livability, where every element has been carefully curated.”
WESTSIDE Tom Gradecak Realty
Pictures highlight a spacious interior with an open concept and lots of windows for plenty of views of the water and surrounding area. The views extend to the main bedroom.
WESTSIDE Tom Gradecak Realty
WESTSIDE Tom Gradecak Realty
On BC Assessment’s top 500 most valuable properties, this Point Grey home ranks 198.
Recent sales activity in the Metro Vancouver housing market suggests that this home may have a tough time selling at the current price.
Over the last 90 days, there were only two homes that were listed for over $10 million that sold, and one of those sales was a parcel of land in Surrey. The other was a home in the Shaughnessy neighbourhood that sold for $10,880,000.
There are several Vancouver homes currently listed for sale for well over $10 million; one of those homes has been on the market for over two years without a buyer.