885 Highland Drive — West Vancouver


$ 3,798,888 FOR SALE MLS# R2981817
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Investor & Builder Alert! Rare opportunity to own a 22,000 sq.ft. south-facing lot in West Vancouver’s prestigious British Properties. This property comes with a pre-approved development permit for over 9,800 sq.ft. of buildable area, based on old by-law, and world-class engineering plans—an incredible advantage usually taking years to secure. Design your custom luxury residence in one of the most desirable neighborhoods, offering easy access to highways, premium shopping, and amenities, all while surrounded by scenic mountain views. A pristine 3-bedroom rancher is ready for immediate move-in. Don't miss this rare chance to create your dream home in an unbeatable location!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms3
Bathrooms3
Living Area1,950 sqft
Lot Area22,000 sqft
Property TypeResidential – Single Family Residence
StyleRancher/Bungalow
MLS® R2981817
StatusTerminated
Listing BrokerRE/MAX Crest Realty

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

British Properties · West Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes80
Median Asking Price $ 4,975,000 $ 3,798,888
Median Price per SqFt $928 $1,948
Median Days on Market 93
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 0 ▼100.0% 2 5
Median Selling Price ▼100.0% $ 4,248,500 $ 5,450,000
Median Price per SqFt ▼100.0% $704 $830
Median Days on Market 3162
Median Discount Off Ask 9.2%9.3%
New Listings 0139
Months of Inventory 20.9

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.

British Properties: Number of Sales

British Properties: Median Sold Price

British Properties: Median Sold Price per SqFt

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