West Vancouver 'modern masterpiece' sold for $8M under original asking price

A West Vancouver home described as a “modern masterpiece” sold for way, way under its original asking price.
2612 Bellevue Ave. was initially listed for $24,800,000 back in May 2025. The home was on the market for over 250 days before selling for $16,750,000, over $8 million less than the original asking price.
The sale was reported last week.
According to BC Assessment’s latest valuation of the property, accurate as of July 1, 2025, the land is valued at $7,906,000 while the buildings are valued at $2,993,000 for a total of $10,899,000, nearly $6 million less than the sold price.
The home looks like something you’d see in a Hollywood film, with expansive windows in every room allowing lots of natural light to flow in.

Angell, Hasman & Associates Realty
The listing says the home has been “internationally recognized” by FNDA Architecture.

Angell, Hasman & Associates Realty
The listing adds that the home “provides an indoor outdoor lifestyle like no other, incorporating every modern amenity one could dream of with comfort, elegance and absolute sophistication.”

Angell, Hasman & Associates Realty
It features four bedrooms, six bathrooms, and 6,719 sq. ft. of total living space.

Angell, Hasman & Associates Realty
The listing notes other features that make it sound like the home would make the perfect summer pad, with an infinity pool, outdoor BBQ area, and a lounge with a gas fireplace.
The home sale is yet another example of tough market conditions in the region. According to the latest report from Greater Vancouver Realtors, the average amount of time a home is on the market before being sold is steadily rising.
In November 2025, a detached home spent approximately 51 days on the market. In January 2026, that number had climbed to 61 days.
However, despite the massive loss compared to the asking price, it still represents a sale in the ultra-luxury sector of the market, which has been relatively stagnant since last summer.
According to Zealty’s listing history, the previous property sold for $5,075,000 back in 2009.