5250 COOMBE LANE - $1,200,000

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$1,200,000
5250 COOMBE LANE
Port Moody, British Columbia V3H4N6
MLS® Number: R3111458
Vacant LandType

About This Property

A fantastic opportunity for a very rare Belcarra building lot! The Lot is sloped so potential ocean views looking west up Indian Arm might be achieved once trees have been removed for any construction. Lot is located in a quite tranquil setting with neighbouring homes being of West Coast to modern architecture. The lot is unique as it was grandfathered to be under the minimum 1 acre size as required in the area.The lot is a 15 minute from Port Moody for all your shopping requirements and skytrain etc. A rare find to build your West Coast dream home! (id:64973)

Rose's Thoughts
Rose Marie Manno

The $1,200,000 price tag for this 0.34-acre lot in Port Moody appears steep, translating to over $82 per square foot, significantly higher than the city's median vacant land price of $65 per square foot. However, the lot's unique grandfathered status and potential for ocean views make it an appealing option for buyers seeking a one-of-a-kind development opportunity in this desirable West Coast community. This property is best suited for experienced custom home builders or investors with the resources and vision to transform the sloped lot into a stunning luxury residence, capitalizing on the tranquil setting and proximity to Port Moody's amenities and Skytrain access.

Property Details

Lot Size14611 (14,611 square feet)
Property TypeVacant Land
ViewView
Annual Taxes$7,052
CityPort Moody
Postal CodeV3H4N6
MLS® #R3111458

Location

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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.

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