175,505 ft²Land$30,000,000Sale
Address: 4140 Cypress Bowl Road, West Vancouver, BC Location: Located to the North of Trans Canada Highway Zoning: CD3 (Rodgers Creek) Site Area: 175,505 sq.ft. (4.03 acres) Maximum Potential Gross Buildable Area: 78,996 sq.ft. Highest and Best Use: Development of a residential project consistent with current zoning and OCP guidelines.
Situated along Cypress Bowl Road, the property provides convenient access to the Trans-Canada Highway and Cypress Mountain, surrounded by scenic natural landscapes. The proposed development by GBL Architects envisions 26 townhomes, ranging from 1,250 to 1,850 square feet, addressing the growing need for "missing middle" housing. Some units will feature integrated one-bedroom lock-off suites, suitable for multi-generational living or as mortgage helpers. The design draws inspiration from the mountainside, using natural materials like wood and stone, and aims for high sustainability standards, including a high performance thermal envelope and sustainable water management features. A comprehensive amenity building is proposed to enhance livability, including exercise, recreation, and gathering spaces. The property was appraised at $35,550,000 as of April 2023, reflecting its prime location and development potential. Opportunity The property is situated in close proximity to the upcoming Cypress Village, a vibrant new community that promises a mix of housing, employment space, retail, and various community amenities including a school and community center. Imagine the convenience of having all these facilities just minutes away from your home! With the development of Cypress Village, the area is expected to see significant growth and development in the coming years. This makes it an ideal time to invest in a property here, as it could appreciate in value as the community grows. In addition, Cypress Village is designed to promote an active lifestyle with multiple options for walking, scooting, rollerblading, skateboarding, and cycling. If you or your family enjoy outdoor activities, this location is perfect for you.