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Vancouver palace with its own glass bridge knocks $2.8m off listing price

Listing agent: Manyee Lui A unique, “European-inspired” home in South Vancouver may be a dream residence, but the tough market for high-end homes means it’s had to drop its price twice since being listed, now asking $11,980,000.

 Photo via Manyee LuiListing agent: Manyee Lui

A unique, “European-inspired” home in South Vancouver may be a dream residence, but the tough market for high-end homes means it’s had to drop its price twice since being listed, now asking $11,980,000.

We spotted this home when it was first listed in January for $14,800,000, and then it was reduced to $13,980,000. Its current price is $2.82 million lower than the original, a drop of nearly 20 per cent.

The four-bedroom, five-bathroom residence may have been built in 2003, but it looks much older. It has 7,691 square feet of living space inside two stone buildings connected by a contemporary glass bridge that traverses a stream. The 33,900-square-foot property is on South-West Marine Drive in Southlands, close to the Fraser River.

The home has a mix of European, old-world styling with contemporary features, and includes a room inside the glass bridge, a family/media room, a contemporary gym, a wine cellar, a large games room, a huge master bedroom with vaulted ceilings and beams, and a spa/plunge pool with waterfall.

 Photo via Manyee LuiPhoto via Manyee Lui

One cost that hasn’t been discounted is the property tax bill, which in 2017 was $25,096.63. The property was assessed in 2017 at $11,839,000, which is unusually close to the new listing price.

Check out more of the listing photos of the property HERE.