A stunning mansion in Vancouver's exclusive Point Grey neighborhood has made headlines again as it slashes its price to an eye-popping $33 million, despite earlier listings putting it at $36 million!

Introducing the remarkable duplex at 2781-2789 Point Grey Rd. This luxurious property has just undergone a significant price reduction of $3 million, but it's still a hot ticket among the elite real estate market.

According to the BC Assessment, this jewel is valued at $26,686,000, making it one of the 50 most valuable properties in British Columbia! And shockingly, most of that staggering figure is attributed to its land value, which stands at $26,676,000.

This ten-bedroom, six-bath masterpiece reflects sheer opulence, sitting gracefully on Kitsilano’s waterfront—a prime real estate location. But here’s the kicker: it’s been owned by the same family for an astounding 82 years, just waiting for someone to breathe new life into it.

Stretching across a massive 5,798 sq. ft. of living space on two expansive legal lots totaling 19,472 sq. ft., there's more than enough room for the next owner to create their dream oasis. The listing describes this property as one of Vancouver's most coveted spots, perfect for those yearning to design indoor-outdoor luxury living spaces.

Nestled on Millionaires Row, this split-level abode offers a blank canvas ripe for renovations, ideal for visionary buyers looking to transform it into their personal sanctuary. Although the home has stood the test of time since 1968, its condition varies in aesthetic appeal, with a solid foundation and structure ready for updates.

As housing prices have been on a downward trend lately, the market for ultra-luxury properties has started to see a slight resurgence, but this Point Grey charmer remains a premier choice with limited comparables at such a lofty price point. Will this iconic residence find its new steward? Only time will tell!