'World-class location': West Vancouver home with private cove re-listed after price drop

A home in West Vancouver that has been called an oceanfront masterpiece was re-listed after a price drop.

Located at 3912 Marine Dr., the five-bedroom, four-bathroom home, is described as the “pinnacle of coastal living.”

The home is nearly 40 years old, having been built in 1988, but pictures reveal that the property has been well-maintained.

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Based on listing history on Zealty, the home was first listed in February of last year by Angell, Hasman & Associates Realty, for $13,800,000. That listing expired in October 2024.

In January 2025, it was listed again, but this time by Royal LePage Sussex, for $11,800,000. That listing also expired this November. The home was re-listed earlier this week after a $1 million price drop, for $10,800,000.

The most recent assessed value of the home is $10,492,000, just below the current asking price. The house offers nearly 6,000 sq. ft. of total living space along with 0.39 acres of land.

According to the listing, the home offers many luxurious features, including 150 ft. of “pristine shoreline and a private cove.”

Pictures highlight many fun amenities, like a games room, a bar, a cozy media room with a retro feel, and a massive wine cellar.

It would be hard to beat the view from the West Vancouver property’s infinity pool on a warm summer day.

The listing goes on to say that the property offers “unparalleled views of Stanley Park, UBC and Vancouver Island.”

At some point over the last few years, the home was “reimagined” with new materials.

“The expansive open-concept design features grand entertaining spaces, creating an effortless indoor-outdoor flow that maximizes the breathtaking surroundings,” the listing says, adding that it’s in the perfect spot to “capture the serenity of its world-class location.”

According to REW, the property hasn’t been sold since 1994, six years after it was built. It sold for $3,500,000.

With a 20 per cent down payment, you’d be looking at an average monthly portage payment of around $42,000.