{"id":798965,"date":"2026-07-13T11:36:11","date_gmt":"2026-07-13T11:36:11","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/798965\/"},"modified":"2026-07-13T11:36:11","modified_gmt":"2026-07-13T11:36:11","slug":"panoramic-views-help-deep-cove-home-sell-for-2-5-million-despite-sluggish-market","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/798965\/","title":{"rendered":"Panoramic views help Deep Cove home sell for $2.5-million despite sluggish market"},"content":{"rendered":"

Open this photo in gallery:<\/a><\/p>\n

The home, which has panoramic views of Indian Arm, sits on a half-acre lot surrounded by trees and lush landscaping.Supplied<\/p>\n

Address: 2711 Panorama Dr., North Vancouver, B.C.<\/p>\n

Asking price: $2,798,800 (Jan. 7)<\/p>\n

Selling price: $2,495,000 (Jan. 20)<\/p>\n

Days on market: 13<\/p>\n

Taxes: $9,325.83 (2024)<\/p>\n

Listing agent: Patricia Houlihan, Century 21 In Town Realty<\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The four-level home has a private sundeck and two fireplaces.Supplied<\/p>\n

The action<\/p>\n

The seller had purchased the property in 2021, at the peak of the market, for $2.5-million. But she wanted to free up capital for her small business, so she chose to sell, despite the market downturn, said listing agent Patricia Houlihan. The agent said the solid offer reflected the fact it was \u201ca special property.\u201d <\/p>\n

She had advised her client to price high and see how the market responded. Ms. Houlihan said the best outcome was selling around the same price she had paid.<\/p>\n

\u201cGetting $2.5-million is very good in this market,\u201d said Ms. Houlihan. \u201cShe bought at the peak and it went down significantly since then. There were people interested but nobody was offering, which is happening everywhere right now. Buyers are a bit paralyzed.\u201d<\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The four-bedroom home had been completely renovated and updated.Supplied<\/p>\n

What they got <\/p>\n

The 1930 Deep Cove house with panoramic views of Indian Arm had been completely renovated and updated, and showed incredibly well, said the listing agent. <\/p>\n

The four-bedroom, three-and-a-half-bathroom home has 2,881 square feet of space and sits on a huge half-acre lot surrounded by trees and lush landscaping. <\/p>\n

The four-level home has vaulted ceilings in the primary bedroom, private sundeck, two fireplaces, a separate home office, outdoor shower, hot tub and a one-bedroom suite. It\u2019s located within walking distance of a beach and trails.<\/p>\n

Open this photo in gallery:<\/a><\/p>\n

The home has 2,881 square feet of space.Supplied<\/p>\n

The agent\u2019s take<\/p>\n

\u201cBuyers are not taking advantage of this market, and of course prices are going to go back up. We don\u2019t know when \u2026 but economists are saying we\u2019ve probably hit the bottom for detached, and this is the best market buyers are seeing in a long time. People should buy for the house they want, not hoping to squeeze an extra $10,000 out of the deal,\u201d Ms. Houlihan says.<\/p>\n

She says that she firmly believes people will be \u201ckicking themselves\u201d when prices go back up. <\/p>\n

The sale completed on March 11.<\/p>\n","protected":false},"excerpt":{"rendered":"Open this photo in gallery: The home, which has panoramic views of Indian Arm, sits on a half-acre…\n","protected":false},"author":2,"featured_media":798966,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194298],"tags":[49,48,196377,143460,1398,968,55,222002],"class_list":["post-798965","post","type-post","status-publish","format-standard","has-post-thumbnail","category-vancouver","tag-ca","tag-canada","tag-done-deals","tag-donedeal","tag-nodelphi","tag-real-estate","tag-vancouver","tag-vancouver-home-sales"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/798965","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=798965"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/798965\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/798966"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=798965"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=798965"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=798965"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}