5481 Indian River Drive — North Vancouver


$ 1,799,000 FOR SALE MLS# R3162715
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On Indian River Drive in North Woodlands, is a private almost 1/2 ACRE property w a 46 yr. old custom built home with a working artist’s studio. Open floor plan up has a large kitchen, dining, living area w den, 3 beds, 2 baths, play room, 2 decks with OCEAN VIEWS, 1 deck overlooking the sparkling POOL + Alan creek. Down: 1 bed w bath, laundry, office + access to the huge artist studio, potting shed + attached greenhouse. The surrounding area is lush forest + quiet neighbourhood. More than ample space for RV /boat storage on site. 8 minute drive to Parkgate, schools, golf club. The views of Burrard Inlet are the star of the location from all of the bright south facing windows. This home and has served the family well in their time. This rare opportunity could be yours!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms4
Bathrooms3
Living Area2,675 sqft
Lot Area20,296 sqft
Property TypeResidential – Single Family Residence
MLS® R3162715
StatusPending
Listing BrokerRoyal LePage Sussex

Property History

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

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Market Overview

Woodlands-Sunshine-Cascade · North Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes4
Median Asking Price $ 2,948,000 $ 1,799,000
Median Price per SqFt $1,200 $673
Median Days on Market 76
Sold Properties Nov 2026Oct 2026Nov 2025
All Homes 0 2 0
Median Selling Price – $ 3,487,500 –
Median Price per SqFt – $976 –
Median Days on Market –48–
Median Discount Off Ask –9.2%–
New Listings 100
Months of Inventory 12.0

At the current sales pace, it would take about 12 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.

Only a few homes have sold here recently, so this figure swings easily — read it as a rough guide, not a precise number.

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.

Woodlands-Sunshine-Cascade: Number of Sales

Woodlands-Sunshine-Cascade: Median Sold Price

Woodlands-Sunshine-Cascade: Median Sold Price per SqFt

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