Mansions worth $15M or more still hot properties
Shaughnessy transaction shows COVID hasn’t shut down $5-million-plus market
The sale of a Vancouver mansion shows that houses worth $15 million-plus remain hot commodities in Metro despite the pandemic.
A Shaughnessy home, built in 1913 on The Crescent, sold at the end of July after being on the market for about two weeks. It was listed for $17.28 million and is under contract for $17.4 million, $120,000 more than that asking price.
“That is definitely the highest one that people are talking about right now,” West Vancouver realtor Jason Soprovich said.
Soprovich wasn’t the listing agent for the Shaughnessy property. But, last week, he put two homes on West Vancouver’s waterfront Bellevue Avenue under contract to sell for just above $10 million, and is putting back on the market a downtown Vancouver penthouse condo at the Hotel Georgia Residences listed at $29.8 million. It’s on his website and will be added to the Multiple Listing Service soon, he said.
“I’ve been into a lot of Vancouver penthouses that are 4,000 to 5,000 square feet. This one is (nearly) 8,000 square feet,” he said. It has 7,200 square feet in indoor space.
At Three Harbour Green, there is a condo that is the combination of two suites taking up the entire 26th floor with 360-degree views. It’s listed on the MLS for $32.8 million.
Malcolm Hasman is the agent who marketed 1389 The Crescent, the eight-bedroom, eight-bathroom, 11,000-square-foot Shaughnessy mansion. He confirmed the sale, but declined to comment further.
The Angell Hasman Associates agency website also includes mention of a sale for a property in Cloverdale that was listed for $25 million. Hasman confirmed that sale, but declined to comment further.
The website is also discreet about the address, but images match those that accompanied the high-profile marketing of a property known as “Villa Di Fonti” at 4552 192nd Street, that was listed for $25 million.
The Tuscan-style, 13,000-squarefoot house on 76 acres went under contract in mid-March, just before the pandemic shutdown, for $17 million.
The listing agent, Carolyn Glazier of Capulet Properties, which is a broker member of Angell Hasman, also declined to comment.
Glazier is now listing a property in South Langley that includes a “not your average” caretaker or manager’s house with 2,000 square feet, and also an equestrian centre, clubhouse and barns used by residents of homes in a development on lots ranging from 0.5 to 4.5 acres. It’s listed for $24.588 million.
“There’s a new trend that is about moving to the country for sophisticated living,” Glazier said.
One of Vancouver’s highest-value homes is being marketed by Sotheby’s International Canada’s Christa Frosch at 4743 Belmont Ave., which is listed for $58 million.
This is a 22,000-square-foot mansion with extensive gardens billed as being inspired by Versailles on a street with many other multimillion-dollar properties overlooking English Bay and the North Shore. It is owned by Vancouver businessman Joe Segal and his philanthropist wife Rosalie. It first came on the market in 2017 at $63 million.