4941 Water Lane, West Vancouver BC - Single Family Residence for Sale - MLS# R3134886

$2,750,000
Est. Mortgage $12,166/mo
6 Beds
5 Baths
4728 sqft
582 $ /sqft
1989 built
8.3% price reduction
$2,750,000
$2,998,000
Est. $12,166/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

Photos

Property Details for 4941 Water Lane

8.3% price reduction

In prestigious Olde Caulfeild, this renovated 6-bedroom (all above grade), 5-bath residence sits on a private 13,165 sqft lot bordering Lighthouse Park. The main level showcases vaulted ceilings, skylights, and hardwood floors, with indoor-outdoor flow to a wraparound deck overlooking Japanese-inspired gardens, plus a rare dual-staircase design. The main floor offers a bedroom for guests or extended family, plus a home office; the upper level's sought-after five-bedroom layout includes a spacious primary suite with garden and mountain views. The lower level adds a recreation room and media room, while a detached garden office suits work-from-home. Moments from Caulfeild Village, beaches, and Lighthouse Park, within the coveted West Bay Elementary and Rockridge Secondary catchments.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Partially Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Vaulted Ceiling(s)
Fireplace 2
Heating Type Forced Air, Natural Gas
# of Kitchens 1
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Greenbelt and Mountain Views
Roof Wood
Structures Residential Detached

Building Details

Price $2,750,000
Total Bedrooms 6
Total Bathrooms 5
Full Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 4728
Year Built 1989
Age Of Building 37
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Single, Front Access, Paver Block, Garage Door Opener
Total Parking Spaces 4

Lot & Land

Lot Size 13165
Lot Size Depth Feet
Lot Size Frontage 80
MLS® # R3134886
Area West Vancouver
Neighbourhood Olde Caulfeild
City West Vancouver
Postal Code V7W 1K4
Gross Taxes $7,893
Zoning RS3

Property Timeline

Status Date Price
R3134886 / Active 06-09-2026 $2,750,000
Rooms
Floor Type Dimensions
Main Level Foyer 7'11 x 7'11 ft
Main Level Living Room 16'9 x 16'9 ft
Main Level Dining Room 11'10 x 11'10 ft
Main Level Kitchen 11'2 x 11'2 ft
Main Level Eating Area 7'9 x 7'9 ft
Main Level Family Room 17' x 17' ft
Main Level Bedroom 14' x 14' ft
Main Level Study 9' x 9' ft
Main Level Office 8'9 x 8'9 ft
Main Level Laundry 8'7 x 8'7 ft
Above Level Primary Bedroom 15'4 x 15'4 ft
Above Level Bedroom 15'3 x 15'3 ft
Above Level Bedroom 10'3 x 10'3 ft
Above Level Bedroom 9'11 x 9'11 ft
Above Level Bedroom 9'10 x 9'10 ft
Below Media Room 19'7 x 19'7 ft
Below Recreation Room 13'9 x 13'9 ft
Below Storage 36'3 x 36'3 ft
Below Storage 17' x 17' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #3
Main Level Yes #3
Above Level Yes #5
Above Level Yes #3
Above Level No #4

Listed by: Sutton Group-West Coast Realty

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
5.01 km
9.2/10
Elementary, Secondary
Mulgrave School
Above Average
5.01 km
9.2/10

Closest Transit

Bus Stop
Eastbound Marine Dr @ Beacon Lane
0.14 km
Skytrain
Skytrain @ Burrard Stn
11.93 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
49%
No Certificate/Degree
Below Average
9%
Owner Occupied
Below Average
45.5%
Employment Rate
Average
56%

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

44 / 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 — 11.93 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How OLDE CAULFEILD compares
This property
30 DOM
Very fast
Olde Caulfeild avg
57 DOM
Average
West Vancouver avg
57 DOM
Slower market

4941 Water Lane has a sell-speed score of 44/100, 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 V7W 1K4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V7W 1K4, 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 (~3.4 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 4941 Water Lane

Pre-computed routes from 4941 Water Lane, West Vancouver, BC

By transit (Skytrain)

  • Downtown Vancouver via Burrard → Waterfront
    148 min
  • Metrotown, Burnaby via Burrard → Metrotown
    162 min
  • SFU Burnaby via Burrard → Production Way
    169 min
  • Richmond Centre via Burrard → Brighouse
    173 min
  • YVR Airport via Burrard → YVR-Airport
    174 min

By car (off-peak)

  • Downtown Vancouver via HWY 1 / Grandview
    15 min
  • Metrotown, Burnaby via Lougheed Hwy
    27 min
  • SFU Burnaby via Gaglardi Way
    32 min
  • Richmond Centre via No. 3 Rd
    25 min
  • YVR Airport via Bridgeport / Sea Island
    21 min

Calculate your commute

4941 Water Lane, West Vancouver, BC is ideally located for commuters. The property is 11.9 km from Burrard, with a 148 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound Marine Dr @ Beacon Lane (0.14 km). Walk Score Transit rating: Some Transit (40/100).

Walkability & Transit Near 4941 Water Lane

Walk Score Badge
Car-Dependent 18

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 40

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
11

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Mortgage Calculator for 4941 Water Lane

/month
Principal & Interest
Property Taxes $658
Maintenance fee 0
Financing 80% of the $2,750,000 asking price over 30 years at 4% results in approximately $11,161/month in total estimated carrying costs, $658 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
This listing generates an estimated $6,332/month in rental income, leaving a -$5,058/month cashflow at current carrying costs. Investors targeting break-even would need roughly 59% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Olde Caulfeild, West Vancouver

Beds Home Types Square Feet Lot Size Year Built
This Home $2,750,000
West Vancouver Loading...
Olde Caulfeild Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in West Vancouver, similar Single Family Residences average $3,548,667 across 2 active listings — this listing is 22.5% below the West Vancouver average. This property is flagged as a Hot Deal (8.3% price reduction) based on its competitive pricing and market demand.

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 4941 Water Lane

Walk Score Badge
Car-Dependent 18

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 40

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
11

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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