West Vancouver mansion sold for way less than initial asking price
A West Vancouver mansion was recently sold, but the home didn’t sell for as much as the owner initially sought.
The West Vancouver home, located at 166 28th St., features six bedrooms, eight bathrooms, and 5,933 sq. ft. of living space.
BC Assessment’s most recent valuation of the home suggests it is worth $15,543,000, with the land value totalling $11,673,000. It was reported to have been sold for $13,600,000 earlier this month.
Sutton Group-West Coast Realty
According to Zealty’s listing history for the property, the owner has been attempting to sell the home since September 2021. The asking price has dropped significantly since then. On Sept. 29, 2021, the house was listed for $22,800,000, but that listing was terminated the following year.
Sutton Group-West Coast Realty
In March 2022, it was listed again for nearly $3 million less, at an asking price of $19,980,000. The listing was terminated in 2023, and it was relisted the same year after a $1 million price drop. After the listing had expired, the price actually increased to $19,680,000 in the next one.
Sutton Group-West Coast Realty
Between that 2021 listing and the listing that eventually attracted a buyer, the West Vancouver mansion was listed a total of 11 times. The 11th listing from June 2025 had an initial asking price of $14,980,000 but eventually sold for $13,600,000.
Sutton Group-West Coast Realty
The listing calls the home a “world-class waterfront residence in the heart of Dundarave.”
Some of the pictures you are seeing are the result of “virtual staging.”
Sutton Group-West Coast Realty
The home was rebuilt in 2015 and sits on a 12,309 sq. ft private estate “along West Vancouver’s most coveted stretch of Bellevue Avenue. The primarily glass exterior allows for lots of natural light to illuminate the entire home.
The Sutton Group-West Coast Realty listing also describes the property as a “resort-style home.”
The swimming pool, located right by the water with panoramic views, definitely leans into that vibe.
Sutton Group-West Coast Realty
After stagnation in the luxury housing market during the first half of the year, business appears to be picking up in that sector, with several sales exceeding $10 million within the last couple of months.
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