1198 Matthews Avenue — Vancouver West


$ 14,260,000 FOR SALE MLS# R3158567
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A truly exceptional estate in First Shaughnessy, showcasing timeless elegance, sophisticated architecture, and impeccable craftsmanship. Set on an expansive 15,000 sq. ft. lot, this magnificent residence offers nearly 10,000 sq. ft. of refined living space, creating an unparalleled lifestyle of luxury, privacy, and comfort. Corner lot. Quiet and Private. High-end custom home. Situated in one of Vancouver's most prestigious and coveted neighborhoods.
MLS® ReciprocityThis representation is based on data supplied under MLS® Reciprocity.
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Property Details

Bedrooms5
Bathrooms6
Living Area9,092 sqft
Lot Area123 sqft
Property TypeResidential – Single Family Residence
MLS® R3158567
StatusActive
Listing BrokerMultiple Realty Ltd.

Property History

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

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Market Overview

Shaughnessy · Vancouver West · All Homes

Active PropertiesAll ActiveThis Property
All Homes99
Median Asking Price $ 4,680,000 $ 14,260,000
Median Price per SqFt $1,149 $1,568
Median Days on Market 83
Sold Properties Aug 2026Jul 2026Aug 2025
All Homes 0 ▼100.0% 3 8
Median Selling Price ▼100.0% $ 4,389,000 $ 4,875,000
Median Price per SqFt ▼100.0% $883 $1,028
Median Days on Market 1744
Median Discount Off Ask 8.4%9.8%
New Listings 12241
Months of Inventory 37.1

At the current sales pace, it would take about 37 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.

Shaughnessy: Number of Sales

Shaughnessy: Median Sold Price

Shaughnessy: Median Sold Price per SqFt

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