3848 W 38th Avenue — Vancouver West


$ 3,999,000 FOR SALE MLS# R3160200
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Beautifully updated and carefully maintained home in prestigious West Dunbar. Situated on an exceptional 50 x 166 ft south-facing lot of approximately 8,192 sq. ft., this property offers over 4,280 sq. ft. of spacious living space on a peaceful, ree-lined street. The lower-level suite features its own kitchen and private entrance, providing excellent rental income potential Conveniently located within walking distance to St. George's School and Crofton House School, and minutes from UBC, golf courses, Southlands Elementary, Point Grey Secondary, Dunbar Community Centre, shops, banks and restaurants. Move in and enjoy, hold as an investment, or rent out for strong income potential. A rare opportunity in one of Vancouver's most desirable neighbourhoods!
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms7
Bathrooms6
Living Area4,284 sqft
Lot Area8,193 sqft
Property TypeResidential – Single Family Residence
MLS® R3160200
StatusActive
Listing BrokerLaboutique Realty

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

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Market Overview

Dunbar · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes157
Median Asking Price $ 2,933,000 $ 3,999,000
Median Price per SqFt $1,204 $933
Median Days on Market 83
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 6 ▲20.0% 15 5
Median Selling Price $ 2,765,000 ▲11.5% $ 2,990,000 $ 2,480,000
Median Price per SqFt $1,099 ▼23.0% $1,067 $1,427
Median Days on Market 761923
Median Discount Off Ask 9.4%3.8%2.7%
New Listings 193013
Months of Inventory 11.6

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.

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.

Dunbar: Number of Sales

Dunbar: Median Sold Price

Dunbar: Median Sold Price per SqFt

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