Paradise found! Enjoy a life of total luxury living in one of the most private mountainside settings in Abbotsford. This amazing, four level 7370 sq ft contemporary style home plus (2500 sq ft unfinished basement for potential development), offers stunning panoramic views from the San Juan and Gulf Islands, all the way to the North Shore Mountains and Fraser River. The residence sits on one of two professionally terraced, landscaped lots which comprise the .71 acre (31,050 sq ft) and is surrounded by evergreens, flowering trees, shrubs and vines to minimize maintenance and take full advantage of nature and mountainside living.
With attention to architectural design detail, this home was custom built for the property to optimize the view from most rooms within the home. This uncompromising design will surpass the expectation of many and set a standard few others can meet, yet it offers functional open concept living space with additional defined and intimate rooms.
The long list of features include 23 rooms; 5 bedrooms, 7 bathrooms, two laundry rooms, 2 potential main floor business offices with separate entrances, 4 gas fireplaces, main floor wet-bar, lower level media room, billiards-games room and self contained in-law suite plus a(secret)hidden wine cellar. Indoor waterfall, oak hardwood flooring with inlaid granite accents, radiant in-floor heating, chef’s kitchen with maple cabinets and granite counter tops plus an upper level library and master suite with a fireplace, wet bar and a spa like 6 piece ensuite bath. The unfinished basement has space for an office archive, exercise/dance studio, workshop and further storage.
With 1850 sq ft of decks (3 are covered) for you to enjoy the outdoors and the all aspects of the valley below. The aggregate driveway leading up to the residence is heated for your convenience and there is covered parking for 3 vehicles. You can entertain with ease and comfort for 100 guests, or enjoy the solitude and privacy afforded by the hilltop setting.
This is a fabulous opportunity, act quickly!
Consumer demand for real estate in the Fraser Valley continued through May, with overall sales once again reaching record-breaking numbers for the month historically.
The Fraser Valley Real Estate Board processed 2,911 sales on its Multiple Listing Service® (MLS®) in May, an increase of 47.8 per cent compared to May 2015. The previous record for sales processed in a May was set in 2006 at 2,245. However, sales dropped two per cent when compared to April 2016, continuing a slight trend of easing off since sales peaked this spring at 3,006 sales in March.
Of the 2,911 sales processed in May, 615 were townhouses and 557 were apartments, representing a significant portion of May’s market activity and a large increase when compared to May 2015. Townhome transactions increased 56.1 per cent when compared to last year, and apartments reached even higher levels seeing a 112.6 per cent gain.
Charles Wiebe, President of the Board, said of this month’s market data, “Demand is tremendous, still, for detached homes in our region, but it’s encouraging to see that the upward pace of that demand is leveling off.
"However, we’re also seeing the ripple effects as consumers are looking to townhomes and apartments in record numbers. This year, so far, is the busiest those markets have ever been.”
The Board received 3,674 new listings in May, an increase of 22.9 per cent compared to May of last year, and a 6.8 per cent decrease from April 2016. The total active inventory for May was 5,752, down 32.4 per cent from last year’s 8,512 active listings.
Across Fraser Valley, the average number of days to sell a single family detached home in May 2016 was 16 days, compared to 31 days in May 2015.
The MLS® HPI benchmark price of a Fraser Valley single family detached home in May was $834,200, an increase of 38.3 per cent compared to May 2015 when it was $603,100.
In May, the benchmark price of townhouses was $365,000, an increase of 20.4 per cent compared to $303,100 in May 2015.
The benchmark price of apartments also increased year-over-year by 17 per cent, going from $192,500 in May 2015 to $225,200 in May 2016.