4 Homes for Sale in Terra Nova, BC

Terra Nova is one of west Richmond's most desirable family communities, set along the northwestern edge of Lulu Island where the Fraser River meets a network of parks, dykes, and farmland. Originally developed in the 1990s, the neighbourhood offers a curated mix of newer detached homes, townhouses, and select duplexes built around quiet, tree-lined streets. With current Terra Nova MLS listings showing an average list price of approximately $1,673,750 and a median near $2,390,000, the area attracts move-up families, professionals, and downsizers who want modern construction in a setting that still feels rural and connected to nature.

Lifestyle here revolves around the outdoors. Terra Nova Rural Park and the adjacent natural area offer community gardens, walking trails, and play areas, while the West Dyke Trail provides one of the most scenic walking and cycling routes in Greater Vancouver, with uninterrupted views toward the Gulf Islands and North Shore mountains. Families appreciate the proximity to local shopping at the Terra Nova retail node, where everyday essentials, cafés, and grocery options are within easy reach. For larger shopping trips, Richmond Centre and the Steveston waterfront are both a short drive away.

Terra Nova real estate continues to perform steadily, with recent sold data showing an average sale price of $1,875,467, a sale-to-list ratio of 95.7%, and an average price per square foot of $698. With only 4 active listings and prices ranging from $949,000 to $2,398,000, inventory remains tight — a reflection of how tightly held homes in this pocket tend to be. Buyers searching Terra Nova homes for sale will find well-built detached properties on generous lots, alongside more attainable townhouse options for those entering the Richmond real estate market.

Families are also drawn to the area for its access to highly regarded public and French immersion schools in the Richmond district, along with proximity to private school options elsewhere on the island. Commuters benefit from quick access to Highway 99, the Massey Tunnel, and bus connections feeding into the Canada Line, making downtown Vancouver, YVR Airport, and the Tri-Cities all reachable within a reasonable drive.