2988 Point Grey Road, Vancouver, V6K 1B1 — photo 1

$4,599,000

2988 Point Grey Road, Vancouver, V6K 1B1
Active
5 Bedrooms 4 Bathrooms 3,361 sqft Built 1924 Residential

About This Property

Seaside lifestyle on Vancouver's Golden Mile. This meticulously renovated home offers 3 suites spanning 3,361 sqft, making it ideal for a primary residence with room for family, a city base without the vacant homes tax, downsizing without sacrificing space/privacy or an income-generating investment, the flexible layout offers endless possibilities. The home blends modern architectural elements with a serene coastal aesthetic, including a zen inspired private yard with extensive concrete work, ambient lighting & lush landscaping. The detached concrete/glass garage is a showpiece on its own—perfect for a gym, studio, or car collection. Situated on a sunny 38x120 ft lot, this is a rare opportunity to live in one of the city's most coveted streets, steps from the beach, RVYC & Jericho Tennis.

Legal SuiteViewFireplace

Property Details

MLS #

R3058199

Status

Active

Type

Residential

Sub-type

Single Family Residence

Ownership

Freehold NonStrata

Zoning

RT-8

Bedrooms

5

Full Baths

3

Half Baths

1

Kitchens

3

Fireplaces

2

Living Area

3,361 sqft

Main Floor

1,268 sqft

Above Main

925 sqft

Basement

Yes

Lot Size

4,554.88 sqft

Lot Dimensions

37.97 x 119.96

Frontage

37.97

Year Built

1924

Age

102 years

Roof

Other

Construction

Frame Wood, Mixed (Exterior)

Structure

Residential Detached

Parking Stalls

3

Garage Spaces

2

Parking Type

Garage Double, Lane Access

Original Price

$4,599,000

Taxes

$16,647.5/yr

Listed

2025-10-14

MLS Area

Kitsilano

City

Vancouver

Postal Code

V6K 1B1

Features & Finishes

Heating

Hot Water · Natural Gas · Radiant

Flooring

Concrete · Hardwood · Tile

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Gas

Patio / Porch

Patio · Deck

Windows

Window Coverings

Exterior Features

Balcony · Private Yard

Building & Community

View

Ocean & Mountain

Lot Features

Central Location, Lane Access, Marina Nearby, Private

Fencing

Fenced

Water Source

Public

Sewer

Sanitary Sewer

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Community

Shopping Nearby

Disclosures

Property Disclosure

Yes

Coordinates: 49.270867, -123.171895 · Map data © Google

5.3

Above Market

Deal Score out of 10

Priced above comparable sales — may have room to negotiate.

Value vs market43% above market — check if justified
Days on market202 days — significantly stale, strong negotiation position
Price historyNo price reduction — seller firm on price
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$4,369,350

5% below asking price

Negotiation Range

$4,254,375$4,438,335

$183,960 spread

$4,254,375$4,599,000 ask

Based on 82 recent sales, a starting offer around $4,369,350 (5% below ask) is reasonable. Your negotiation range is $4,254,375 – $4,438,335.

What's factored in

Market baseline82 recent Vancouver sales closed at median 96.8% of list price
Extended market time202 days listed — well above market avg of 175 days, increased negotiation leverage

Based on 82 residential sales in Vancouver (last 60 days) · Updated May 4

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