3841 W 23rd Avenue — Vancouver West


$ 2,290,000 FOR SALE MLS# R3167828
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Exceptional Dunbar Holding & Redevelopment Opportunity! Charming character home on a 33' x 122' lot in a sought-after family neighbourhood. Approx. 2,300 sq ft, 4 bedrooms, 3 bathrooms, with mountain views. Features hardwood floors, wood-burning fireplace, vaulted ceilings, spacious living/dining areas, updated kitchen, and large decks. Basement includes a 1-bedroom suite with separate entrance. Prime location near Queen Elizabeth Elementary, Lord Byng Sec, UBC, shops, parks and transit. Ideal to live, invest, renovate or explore future redevelopment (SFD, duplex or multiplex options). Oil tank free with confirmation letter from CERC Oil Tank Removal. 3847 23rd Ave also for sale—combine both lots for a larger development site with greater design flexibility and potential cost efficiencies.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms3
Bathrooms3
Living Area1,676 sqft
Lot Area4,026 sqft
Property TypeResidential – Single Family Residence
MLS® R3167828
StatusActive
Listing Broker1NE Collective Realty Inc.

Property History

DateMLS #PriceEvent
Mmm 00, 0000 R0000000 $0,000,000 Listed

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Market Overview

Dunbar · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes161
Median Asking Price $ 2,899,000 $ 2,290,000
Median Price per SqFt $1,204 $1,366
Median Days on Market 80
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 253013
Months of Inventory 11.9

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.