1433 W 48th Avenue — Vancouver West


$ 5,498,000 FOR SALE MLS# R3168175
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A distinguished South Granville residence offering grand-scale luxury on a 59.2' x 122.8' (7,269 sq.ft.) south-facing lot. Completely remodeled in 2016 with City permits and over $1.5M invested, this 5,000+ sq. ft. home blends timeless elegance with modern comfort. Soaring 17' foyer with grand chandelier and dramatic double-height living room set an unforgettable first impression. Gourmet kitchen + separate wok kitchen with high-end S/S appliances, A/C & HRV. Upstairs features 4 bedrooms and 3 baths; lower level boasts a huge recreation room with wet bar, media room, sauna and 2 additional bedrooms. Expansive deck, landscaped garden and rare 3-car garage. Close to Osler Elementary, Vancouver College, Eric Hamber Secondary, transit, UBC, Oakridge & SkyTrain.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms6
Bathrooms7
Living Area5,060 sqft
Lot Area7,270 sqft
Property TypeResidential – Single Family Residence
MLS® R3168175
StatusActive
Listing BrokerDracco Pacific Realty

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

South Granville · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes162
Median Asking Price $ 2,699,000 $ 5,498,000
Median Price per SqFt $1,090 $1,087
Median Days on Market 85
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 4 ▼73.3% 9 15
Median Selling Price $ 2,414,000 ▼28.7% $ 2,150,000 $ 3,388,000
Median Price per SqFt $759 ▼23.7% $1,080 $995
Median Days on Market 512553
Median Discount Off Ask 11.2%7.1%7.8%
New Listings 24299
Months of Inventory 20.7

At the current sales pace, it would take about 21 months to sell all the homes currently for sale here — a Buyer's market.

SELLER'S
BALANCED
BUYER'S

More homes are for sale than there are buyers, so buyers tend to have more choice and more room to negotiate on price.

What's this?

Months of inventory = the number of homes currently for sale ÷ the average number sold per month recently. As a rule of thumb, under 5 months favours sellers, 5–8 is balanced, and over 8 favours buyers.

South Granville: Number of Sales

South Granville: Median Sold Price

South Granville: Median Sold Price per SqFt

Aggregate market statistics from the MLS® for South Granville. Figures are medians and may reflect small sample sizes in a single neighbourhood. Not an appraisal — ask a team member to verify.