2987 W 40th Avenue — Vancouver West


$ 4,988,000 FOR SALE MLS# R3150386
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A rare opportunity to own one of Kerrisdale's most exceptional modern homes. This CHBA-certified Net-Zero residence blends award-winning Habihaus Studios with Scandinavian architecture, refined interiors by Form Collective & exceptional craftsmanship by Moment Construction. Offering an impressive 3550 SF—including an exceptionally rare 500 SF of additional living area achieved through its innovative Net-Zero design—the home features 6 BDRMS, 5 BTHRMS, soaring 10' ceilings, bespoke millwork, oversized triple-pane windows, A/C, HRV, a 12.74kW solar array, integrated Sonos, legal 2-BDRM suite & EV-ready 2-car garage. No GST. A remarkable blend of luxury, sustainability & architectural excellence in one of Vancouver's most coveted neighbourhoods. Call for a private viewing.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms6
Bathrooms5
Living Area3,576 sqft
Lot Area4,257 sqft
Property TypeResidential – Single Family Residence
MLS® R3150386
StatusActive
Listing BrokerOakwyn Realty Ltd.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
1 event on record for this property

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Market Overview

Kerrisdale · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes82
Median Asking Price $ 2,198,000 $ 4,988,000
Median Price per SqFt $1,177 $1,395
Median Days on Market 57
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 1 8
Median Selling Price ▼100.0% $ 3,165,000 $ 2,227,500
Median Price per SqFt ▼100.0% $1,055 $1,070
Median Days on Market 522
Median Discount Off Ask 2.3%3.6%
New Listings 9223
Months of Inventory 15.9

At the current sales pace, it would take about 16 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.

Kerrisdale: Number of Sales

Kerrisdale: Median Sold Price

Kerrisdale: Median Sold Price per SqFt

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