5056 The Byway — West Vancouver


$ 5,898,000 FOR SALE MLS# R3120493
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Waterfront Development Opportunity available for the 1st time in 80 years offering sweeping ocean vistas of Grebe Islet Park, Bowen Island, Howe Sound & Vancouver Island. 1.17-acre estate (approx 51,012 sf), with approx 180 ft of frontage on a private cul-de-sac. Perched on the coastline of Howe Sound, on the west side of famed Lighthouse Park, spanning 355 ft along its western border culminating in 100 ft (73.37 ft pin-to-pin) of natural shoreline. Foot trail leads through a canopy of cedars opening to private beach access. Potential for single luxury res or dual-home development, with proposed subdivision plans & detailed survey schematics available. Mins to Caulfeild Village, Lighthouse Park, & downtown. The ultimate in coastal privacy & natural beauty, as serene as it is spectacular!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms2
Bathrooms2
Living Area2,102 sqft
Lot Area51,021 sqft
Property TypeResidential – Single Family Residence
MLS® R3120493
StatusActive
Listing BrokerRennie & Associates Realty - Jason Soprovich

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
Mmm 00, 0000 R0000000 $0,000,000 Sold
3 events on record for this property

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Market Overview

Caulfeild · West Vancouver · All Homes

Active PropertiesAll ActiveThis Property
All Homes23
Median Asking Price $ 3,850,000 $ 5,898,000
Median Price per SqFt $1,072 $2,806
Median Days on Market 121
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 0 4
Median Selling Price ▼100.0% $ 2,635,444
Median Price per SqFt ▼100.0% $989
Median Days on Market 40
Median Discount Off Ask 7.7%
New Listings 321
Months of Inventory 13.8

At the current sales pace, it would take about 14 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.

Caulfeild: Number of Sales

Caulfeild: Median Sold Price

Caulfeild: Median Sold Price per SqFt

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