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Sprawling, resort-style estate relisted for $16.78 million (PHOTOS)

This spectacular Richmond estate with 7,400 square feet of living space has been relisted, having failed to sell for $16.8 million in 2018.

 This resort-style estate on a 19-acre lot in Richmond was listed January 16, 2019, for $16,780,000. Listing agent: Manyee LuiThis resort-style estate on a 19-acre lot in Richmond was listed January 16, 2019, for $16,780,000. Listing agent: Manyee Lui

A 0.1 per cent price reduction is not much in a softening luxury-home market, but that’s where this spectacular Richmond estate has been relisted, having failed to sell for $16.8 million in 2018.

The vendor is presumably confident that this resort-style home will sell this year, as it comprises a stunning West Coast Modern house sitting on more than 19 acres of prime Richmond farmland.

The architecturally impressive house has 7,400 square feet of living space with bags of Modernist detailing, such as exposed interior stone walls and vaulted ceilings. There is a huge master suite with a massive bathroom and private deck with an outdoor fireplace and panoramic views over the property, as well as four more generous bedroom suites.

The main level has a large living/dining great room, along with a spacious kitchen and family room, all leading out to a lavish pool terrace with fountains, outdoor kitchen and entertainment area. There’s also a tennis court and an organic vegetable garden.

 This great room has vaulted ceilings and is perfect for entertaining, as it has a window wall of French doors that lead out to the pool terrace. Listing agent: Manyee LuiThis great room has vaulted ceilings and is perfect for entertaining, as it has a window wall of French doors that lead out to the pool terrace. Listing agent: Manyee Lui

All this is located on a 19-acre wedge-shaped lot between No 4 Road and Finn Road, with easy access to the highway, Richmond Town Centre and Vancouver Airport.

The 2019 B.C. Assessment roll pegs the property’s value at just $2,700,829, but with a caveat that this is farmland value, as the home is within the Agricultural Land Reserve.

Check out more images of this impressive listing, below.

 This grand foyer leads into the great room, and showcases the home's Modernist styling, such as stone interior walls and clean lines. Listing agent: Manyee LuiThis grand foyer leads into the great room, and showcases the home’s Modernist styling, such as stone interior walls and clean lines. Listing agent: Manyee Lui

 The home has a spacious, angular kitchen with a casual dining area. Listing agent: Manyee LuiThe home has a spacious, angular kitchen with a casual dining area. Listing agent: Manyee Lui

 The light-filled family room flows off the large kitchen. Listing agent: Manyee LuiThe light-filled family room flows off the large kitchen. Listing agent: Manyee Lui

 Also on the lower floor is a large office or study. Listing agent: Manyee LuiAlso on the lower floor is a large office or study. Listing agent: Manyee Lui

 The large master bedroom leads out to a private deck with an outdoor fireplace and views of the property. Listing agent: Manyee LuiThe large master bedroom leads out to a private deck with an outdoor fireplace and views of the property. Listing agent: Manyee Lui

 The striking master bathroom has a steam shower between the dual vanities. Listing agent: Manyee LuiThe striking master bathroom has a steam shower between the dual vanities. Listing agent: Manyee Lui

 This pool terrace looks more like a luxury hotel than a house in Richmond. Listing agent: Manyee LuiThis pool terrace looks more like a luxury hotel than a house in Richmond. Listing agent: Manyee Lui

 The outdoor kitchen comes complete with entertainment bar, and there's an al-fresco dining area nearby. Listing agent: Manyee LuiThe outdoor kitchen comes complete with entertainment bar, and there’s an al-fresco dining area nearby. Listing agent: Manyee Lui

 The view from the upper floor reveals that much of this flat, 19-acre property is laid to grassy fields. Listing agent: Manyee LuiThe view from the upper floor reveals that much of this flat, 19-acre property is laid to grassy fields. Listing agent: Manyee Lui

 When you have 19 acres to play with, a full-size tennis court is a must. Listing agent: Manyee LuiWhen you have 19 acres to play with, a full-size tennis court is a must. Listing agent: Manyee Lui

 The striking house has 7,400 square feet of living space, and its own square turret. Listing agent: Manyee LuiThe striking house has 7,400 square feet of living space, and its own square turret. Listing agent: Manyee Lui