1196 W 48th Avenue — Vancouver West


$ 6,880,000 FOR SALE MLS# R3145148
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Gorgeous custom built executive home in South Granville neighborhood. 7,732 sq ft (63' x 122.8') huge lot with 5,445sq ft of luxurious living space, including total 5 bedrooms , 6 bath 4725 sqft Main house and 1 bdrm, 1bath 2 levels, 720 sqft laneway House. Exquisite craftsmanship, excellent floor plan, real marble on main floor, oak wood on upper floor and basement, gourmet kitchen with island & wok kitchen with top German brand Miele appliances.South facing backyard and master bedroom give you bright and warm feeling. Sauna Room Play Room, Flex Room,Recreation Room and Theater Room. The gorgeous technology smart home has extensive use of high-end crystal,wood panel, wallpaper,chandeliers, marble and granite.Beautiful landscaping and backyard for entertaining & BBQ.Must see.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms6
Bathrooms7
Living Area4,726 sqft
Lot Area7,732 sqft
Property TypeResidential – Single Family Residence
StyleLaneway House
MLS® R3145148
StatusActive
Listing BrokerRoyal Pacific Lions Gate Realty Ltd.

Property History

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

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Market Overview

South Granville · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes152
Median Asking Price $ 2,743,500 $ 6,880,000
Median Price per SqFt $1,094 $1,456
Median Days on Market 79
Sold Properties Sep 2026Aug 2026Sep 2025
All Homes 2 ▼86.7% 9 15
Median Selling Price $ 2,414,000 ▼28.7% $ 2,150,000 $ 3,388,000
Median Price per SqFt $816 ▼18.0% $1,080 $995
Median Days on Market 82553
Median Discount Off Ask 6.2%7.1%7.8%
New Listings 3309
Months of Inventory 19.4

At the current sales pace, it would take about 19 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.

South Granville: Number of Sales

South Granville: Median Sold Price

South Granville: Median Sold Price per SqFt

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