10340 Palmberg Road, Richmond, V6W 1C6 — photo 1

$3,880,000

10340 Palmberg Road, Richmond, V6W 1C6
Active
2 Bedrooms 1 Bathrooms 790 sqft Built 1945 Residential
1 Listing Signal Detected
Flood PlainHigh

Disclosure indicates flood plain — check insurance availability and municipal flood maps.

About This Property

Fantastic 4.82 acres located on quiet prestigious Palmberg Road. Great frontage of 318' and 660' deep. Located close to Silver City, Palmberg Road is a quiet no thru street (no large trucks going down the road) with many executive estates, yet close to everything. Minutes away from Ironwood and Coppersmith shopping, Silver City but quiet country setting. Build your dream mansion!

Property Details

MLS #

R3000524

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow

Ownership

Freehold NonStrata

Zoning

ALR

Bedrooms

2

Full Baths

1

Half Baths

0

Kitchens

1

Living Area

790 sqft

Main Floor

790 sqft

Lot Size

209,959.2 sqft

Lot Dimensions

318 x 660

Frontage

318

Year Built

1945

Age

80 years

Roof

Asphalt

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Type

Additional Parking

Original Price

$3,880,000

Taxes

$1,052.21/yr

Listed

2025-05-07

MLS Area

East Richmond

City

Richmond

Postal Code

V6W 1C6

Features & Finishes

Heating

Electric

Exterior Features

No Outdoor Area

Building & Community

Water Source

Public

Sewer

Septic Tank

Utilities

Electricity Connected

Disclosures

Property Disclosure

No

Coordinates: 49.137950, -123.074969 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market530% above market — check if justified
Days on market362 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 95% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,604,147

7.1% below asking price

Negotiation Range

$3,507,147$3,662,347

$155,200 spread

$3,507,147$3,880,000 ask

Based on 13 recent sales, a starting offer around $3,604,147 (7.1% below ask) is reasonable. Your negotiation range is $3,507,147 – $3,662,347.

What's factored in

Market baseline13 recent Richmond sales closed at median 95.2% of list price
Extended market time362 days listed — well above market avg of 158 days, increased negotiation leverage
Above-average DOM362d vs market avg of 158d — property may have a pricing or condition issue

Based on 13 residential sales in Richmond (last 60 days) · Updated May 4

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