Vancouver Price Drop

Documenting Vancouver real estate price movements

Whistler Spotlight – August 26, 2012

Here are the top 10 properties currently listed in Whistler, Squamish and Pemberton with the largest overall drop in asking price since early March

Some Highlights

  • It takes a 22% drop to make this top 10, up from 20% last month
  • 5 of 9 listings with assessment are now listed below assessment
  • #4 tried raising their listing price by $1.5 million before dropping it by $2.5 million where it has sat for a while
  • #7 has some new flat screen TV’s included with the million dollar price!!!!!

#1 ) Address:# 404-D 2020 LONDON LN, Whistler, Whistler Pemberton

December 23, 2011 V922939 $115,000 $0 0%
March 09 V922939 $90,000 $-25,000 -22%
June 06 V922939 $79,000 $-36,000 -31%
August 25 V922939 $72,900 $-42,100 -37%

Assessment: $74,100

No Picture

The newest and most modern of all quarter-share in Whistler…Short walk to ski-lifts, restaurants and stores. Fantastic amenities, including pool, steam, sauna, jacuzzi. All the luxury and convenience for a quarter of the cost. Clean modern, functional with that ‘new’ feeling to this spacious condo in Whistler’s Creekside neighbourhood. This one-fourth interest allows owners to use or rent out their property for one week per month throughout the year with a 2-week bonus every four years at Christmas.

#2 ) Address:# 317 4122 VILLAGE GR, Whistler, Whistler Pemberton

June 14, 2011 V851415 $129,000 $0 0%
January 12, 2011 V851415 $115,000 $-14,000 -11%
April 14 V851415 $99,000 $-30,000 -23%
June 08 V851415 $90,000 $-39,000 -30%

Assessment: $107,400

In the heart of Whistler Village, the stylish Adara Hotel offers a contemporary take on lodging accommodations. It boasts a two level, rundlestone lobby with warm and inviting fireplace and lounge area, an outdoor pool, a year-round hot tub with mountain views and underground parking. This 524 square foot studio with loft offers mountain views and features air-conditioning, fireplace, a five-foot shower area with rain showerhead and sleeps 4. Enjoy ownership in this pet friendly hotel which is within a short walk to the slopes. Strata fees are deducted from revenue.

#3 ) Address:# 407 4050 WHISTLER WY, Whistler, Whistler Pemberton

May 26, 2011 V844885 $269,000 $0 0%
June 14, 2011 V844885 $219,000 $-50,000 -19%
July 15, 2011 V844885 $209,000 $-60,000 -22%
December 21, 2011 V844885 $194,000 $-75,000 -28%
December 30, 2011 V844885 $189,000 $-80,000 -30%

Assessment: $202,100

The Hilton Whistler Resort & Spa. Located at the base of both Whistler and Blackcomb Mountain gondolas in the heart of Whistler Village. At your doorstep is shops & restaurants. This is one of the largest fully equipped suites in Whistler. Relax by the outdoor heated swimming pool, sauna or indoor/outdoor hot tubs. Phase one rental zoning gives you unlimited owner use or big revenue. If you are looking for a full-service luxury property in heart of Village you best add this to your list.

#4 ) Address:6801 CRABAPPLE DR, Whistler, Whistler Pemberton

March 09 V920898 $6,999,000 $0 0%
April 18 V920898 $8,450,000 $0 0%
June 06 V920898 $5,999,000 $-2,451,000 -29%

Assessment: $5,274,000

Tranquility and privacy are words that nicely describe 6801 Crabapple Drive. A private lane leads to this secluded estate home situated on nearly 5 acres of combined land. The well designed floor plan offers the opportunity for large scale entertaining as well as cozy gatherings. Features of the home include dramatic 30 ft ceilings, a 2 way driveway with porte-cochere, a stunning master suite with massive spa like ensuite, and canoe dock with access to Alta Lake just steps from the back door. Enjoy privacy and a gentle respite from the outside world in this magnificent Lodge.

#5 ) Address:7453 TREETOP LN, Whistler, Whistler Pemberton

March 09 V844503 $2,995,000 $0 0%
July 26 V844503 $2,200,000 $-795,000 -27%

Assessment: $2,492,000

The best of the best! Fantastic view lot located at the top of Treetop Lane, an enclave of luxury homes located in the subdivision of Nesters, walking distance to village ski lifts, shops, and restaurants. This lot is over 16,500 sq ft and allows for a residence of up to 5000 sq ft. If you are looking to build a luxury home in Whistler, this opportunity is definitely worth a closer look.

#6 ) Address:# SL9 41488 BRENNAN RD, Squamish, Squamish

June 06 V954642 $599,900 $0 0%
June 27 V954642 removed
June 28 V948105 $449,900 $-150,000 -25%
July 16 V948105 removed
July 17 V948103 $449,900 $-150,000 -25%

Assessment: No Assessment Available

**Click on Multi-Media link to view additional information on Rivendale Development website** Where form meets function. Where modern ideas blend with nature. Where you can experience natural living. Offering two stunning West Coast Modern 1/2 duplex styles, Rivendale introduces thoughtfully designed layouts into an unsurpassed setting. Rivendale is an environmentally friendly development that embraces and respects the natural beauty throughout the surrounding area. Move in, unwind and experience natural living at its finest!

#7 ) Address:# 100 4865 PAINTED CLIFF DR, Whistler, Whistler Pemberton

March 09 V915712 $1,299,000 $0 0%
May 17 V915712 $999,950 $-299,050 -23%

Assessment: $720,000

The largest townhome available on Blackcomb Benchlands – over 2000 sq ft: 5 bedrooms, 4 bathrooms, a secondary living room, 2 good sized decks, and underground parking at your door for 2 cars! This property has just been given a face lift: fresh paint, new carpet, and some furnishings replaced and flat screen TVs installed. HST is apllicable to the sale or can be deferred.

#8 ) Address:2032 N HIGHWAY 99 HY, Pemberton, Whistler Pemberton

February 01 V928907 $420,000 $0 0%
June 22 V928907 $325,000 $-95,000 -23%

Assessment: $433,800

Wonderful post and beam building on 1.5 acres in downtown Mt. Currie. Currently zoned and equipped as a restaurant but could easily be re-zoned and re-designed into any food, cultural or tourism related activity. Property also includes two secure fully serviced out buildings. Amazing building at an amazing price.

#9 ) Address:7549 PEMBERTON MEADOWS RD, Pemberton, Whistler Pemberton

July 22, 2011 V901360 $1,715,000 $0 0%
October 05, 2011 V901360 $1,329,000 $-386,000 -23%

Assessment: $882,000

With all the amenities of a new home, this unique country manor is based on a landmark Pemberton property within walking distance of the Village. In excess of 4200 sq. ft., with 20+ rooms, this Craftsman-style manor shows incredible attention to quality and detail throughout. Features a custom s/s kitchen with Labradorite granite counters, separate pantry and a 270 degree view of the grounds and Mt. Currie. There’s a large living room with stone fireplace, media room, flower crafts/art studio, enclosed sunroom, wine storage room and much more. The nearly 8 acres of privacy have manicured lawns, five pastures, and a beautiful professionally-designed garden replete with water features and a stone walkway. With a greenhouse, barn with a heated tack room, and detached 4 car garage with a full 2nd storey, this property truly is one of a kind. AND includes a private underground parking stall at the foot of Blackcomb!

#10 ) Address:3820 SUNRIDGE DR, Whistler, Whistler Pemberton

December 09 V922151 $12,500,000 $0 0%
March 13 V922151 $9,750,000 $-2,750,000 -22%

Assessment: $8,698,000

Akasha! Located on Whistler Mountain, this masterpiece home is in a class of its own. From the 480 year old central axis Cedar Tree to the Totems that flank the indoor pool, everything about this extraordinary property is awe-inspiring. Poised near the top of one on Whistler’s most exclusive neighborhoods, Sunridge Plateau, where the ski slopes of Whistler Mountain are a short walk from your front door…This property has extensive views of snow capped mountains, green valleys floors, Whistler Village and Golf Course. The three levels of this exclusive property radiate from a central backbone of the home created from a 50 foot high, 480 year old Red Cedar tree trunk around which a wooden staircase spirals.


One response to “Whistler Spotlight – August 26, 2012

  1. bailinginbc August 27, 2012 at 7:56 am

    Thanks an observer. #1 is also a foreclosure.

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