5240 Marine Drive — West Vancouver


$ 14,600,000 FOR SALE MLS# R2965849
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WEST VANCOUVER'S FINEST WATERFRONT ESTATE is situated on a level 1.58 acre S/W facing low bank private property with over 300 ft of oceanfront and private sheltered sandy beach in a setting that is simply magical! The main home offers approx. 8000 sq/ft of living in addition to a 2 bedroom coach house and private beachside studio. Huge primary rooms with wide open kitchen, family, living, and dining areas all open to the terraced patios flowing out to the sprawling lawns and tranquil gardens connecting to the stunning poolside setting on your private peninsula of property. The traditional grand floor plan features 6 bedrooms, 8 baths, a stunning master suite with glorious balconies overlooking the expansive estate, and close-in island views that go forever! One-of-a-kind World Class Dream!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.

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Property Details

Bedrooms6
Bathrooms8
Living Area7,919 sqft
Lot Area68,728 sqft
Property TypeResidential – Single Family Residence
StyleCarriage/Coach House
MLS® R2965849
StatusActive
Price Change↓ Price Reduced
Listing BrokerSotheby's International Realty Canada

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed
Mmm 00, 0000 R0000000 $0,000,000 Price change
2 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 $ 14,600,000
Median Price per SqFt $1,072 $1,844
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.