2976 Palmerston Ave, West Vancouver BC - Land for Sale - MLS# R3113181

$7,700,000
Est. Mortgage $34,065/mo
0 sqft
$7,700,000
Est. $34,065/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

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Property Details for 2976 Palmerston Avenue

“THE GROVE” — your opportunity to create a world-class estate in Altamont, West Vancouver’s most prestigious neighbourhood. This south-facing 35,600+ sq ft property with 120 ft of frontage offers a gently sloping site with privacy, natural beauty & potential for filtered ocean views. Offered as bare land, the property is cleared and ready to build, with significant preparatory work already completed, reducing time and cost. Surrounded by mature trees, it presents an ideal setting for a residence up to 10,500 sq ft with resort-style amenities including pool, tennis/pickleball court, golf greens & seamless indoor-outdoor living. Centrally located yet discreet, this 0.818-acre estate-sized parcel is a rare offering in an enclave where most comparable properties are already built out.

Exterior Features

Exterior Features Private Yard
View Description Filtered Ocean
Structures Land Only

Building Details

Price $7,700,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Available, Storm Sewer Nearby, Electricity Available, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource) Public
Parking Type Front Access

Lot & Land

Lot Size 35621
Lot Size Depth Feet
Lot Size Frontage 120
MLS® # R3113181
Area West Vancouver
Neighbourhood Altamont
City West Vancouver
Postal Code V7V 2X3
Gross Taxes $30,194.1
Zoning RS2

Property Timeline

Status Date Price
R3113181 / Active 04-20-2026 $7,700,000

Listed by: Royal LePage Sussex

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Private Schools

Elementary, Secondary
Mulgrave School
Above Average
0.83 km
9.7/10
Elementary, Secondary
Mulgrave School
Above Average
0.83 km
9.7/10

Closest Transit

Bus Stop
Westbound Marine Dr @ 30 St
0.38 km
Skytrain
Skytrain @ Burrard Stn
8.42 km

Crime Rate

Total Crime Rate
Low
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
50.4%
No Certificate/Degree
Below Average
7.1%
Owner Occupied
Below Average
44.7%
Employment Rate
Average
64.1%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Sell Speed & Competition

38 / 100
Overall sell-speed score
May take longer
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 8.42 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How ALTAMONT compares
This property
80 DOM
Slower than area
Altamont avg
57 DOM
Average
West Vancouver avg
57 DOM
Faster market

2976 Palmerston Avenue has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 4.1% and an area average of 57 days on market — buyers have more leverage. With only 392 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V7V 2X3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7V 2X3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 3.8 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Horseshoe Bay, West Vancouver (~6.5 km). Annual avg AQHI 0 — Low Risk.

Heat Low

West Vancouver currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.7 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~4 projected.

Precipitation Increasing

Annual precipitation ~1515 mm (1981–2010 baseline), projected ~1575 mm by the 2050s. Extreme 1-day rainfall: ~50.5 mm baseline, ~57 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~22 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2976 Palmerston Avenue

Pre-computed routes from 2976 Palmerston Ave, West Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Burrard → Waterfront
    106 min
  • Metrotown, Burnaby via Burrard → Metrotown
    120 min
  • SFU Burnaby via Burrard → Production Way
    127 min
  • Richmond Centre via Burrard → Brighouse
    131 min
  • YVR Airport via Burrard → YVR-Airport
    132 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    11 min
  • Metrotown, Burnaby via Lougheed Hwy
    23 min
  • SFU Burnaby via Gaglardi Way
    27 min
  • Richmond Centre via No. 3 Rd
    24 min
  • YVR Airport via Bridgeport / Sea Island
    20 min

Calculate your commute

2976 Palmerston Ave, West Vancouver, BC is ideally located for commuters. The property is 8.4 km from Burrard, with a 106 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Westbound Marine Dr @ 30 St (0.38 km). Walk Score Transit rating: Some Transit (44/100).

Walkability & Transit Near 2976 Palmerston Avenue

Walk Score Badge
Car-Dependent 19

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 2976 Palmerston Avenue

/month
Principal & Interest
Property Taxes $2,516
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $31,925/month in total housing costs on this $7,700,000 property — $29,409 mortgage payment, $2,516 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $15,514/month estimated rent and $32,366/month in total housing costs, this property has a -$16,852/month cashflow. Break-even down payment: approximately 66%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Altamont, West Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $7,700,000
West Vancouver Loading...
Altamont Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in West Vancouver, similar properties average $2,948,000 across 6 active listings — this listing is 161.2% above the West Vancouver average.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2976 Palmerston Avenue

Walk Score Badge
Car-Dependent 19

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 44

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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