A luxurious house on Vancouver's famed "Billionaires' Row" remains on the real estate market with a new, lower price tag.
The stunning mansion is at 4788 Belmont Ave. The short road is the location of several of B.C.'s most expensive residential properties.
In fact, 4788 Belmont Ave, was last assessed at $23.44 million, making it the 62nd most expensive property in the province for 2025.
The residence was originally listed for sale for around $33.88 million in 2021. In 2024, the asking price was dropped by $5 million to $28.888 million.
Now it has been relisted again at $28.38 million, showing a more modest discount of $500,000.
Built in 1997, the home has seven bedrooms and 11 bathrooms. Along with a well-appointed kitchen, dining room with a view, and indoor pool, the West Point Grey mansion has a penthouse zen room and "karaoke room."
"Resort-style amenities include an indoor pool, spa, theatre, and entertainment suites. Sweeping ocean vistas and mountain panoramas create an ever-changing backdrop through expansive windows and terraces," writes real estate agent Caroline Hong in the listing.
The house was last sold in 2007 for $10.5 million, according to REW data.
This story was originally published on March 21, 2024 and has been updated.