How much would you pay to live in one of Vancouver’s most sought after neighbourhoods? Be prepared to pay $4.9 million, and that’s just for the lot. This 3,300 square foot two storey home is being sold as a teardown with new plans ready to go. Originally built in 1949 the home offers 4 bedrooms and 3 bathrooms, all within 9 minutes of Downtown Vancouver. The lot is approximately 13,064 square feet (0.29 acres) and is said to be ready for a new home with a buildable area of 5,900 square feet. The listing description says building permits are ready to be issued by the city. Scroll down to see comparable property in Beverly Hills
Meanwhile in California you can purchase a beautiful Mediterranean mansion in one of the world’s most well known zip codes. This exceptional compound was constructed in 1993 and sits on 0.46 acres. There is approximately 15,000 square feet of floor space with 7 bedrooms and 10 bathrooms. Located just 15 minutes from the famed Rodeo Drive, this hillside mansion offers unobstructed views of the scenic vistas and Pacific Ocean. Grand-scale spaces and resort-style grounds go hand in hand to give the new owner the perfect party pad. The residence is move-in ready and priced at just $4,700,000 – $199,000 below the Vancouver tear down!