Vancouver, BC vs. Johns Creek, GA
“Lovely Ocean & Mountain Views” – $9,580,000
5988 Newton Wynd, Vancouver, British Columbia, Canada, V6T 1H7
Described as a “lovely ocean & mountain view development property” in the prestigious UBC Endowment Lands. The home, which is nowhere to be seen in the listing, was built in 1950 and offers 2,200 square feet on one level with 3 bedrooms and 2 bathrooms. The property spans 0.41 acres (18,000 square feet) and is located 18 minutes from Downtown Vancouver. The description says, “In 2009 owner spent $150,000 for renovation, new kitchen & new appliances.” $150,000 for a new kitchen & appliances in a home that’s likely to be torn down, now that doesn’t make sense. The description also says the house is in good shape, very solid, clean and livable – exactly what you would expect for a $9.58 million residence. To see the full listing click here. Scroll down to see what you could have purchased for $7.6 million in Johns Creek, GA.
“Dean Gardens” – $7,600,000
5100 Old Alabama Road, Johns Creek, Georgia, United States
Down South in Johns Creek, GA for $1.98 million less than the tear down in Vancouver, BC you could have purchased the architecturally unique estate known as Dean Gardens. Created over a span of 4 years, the 42,000 square foot mansion sat on 60 manicured acres on the Chattahoochee River complete with its own 18-hole par 72 golf course. Nearly $25 million was spent on construction and the estate was once listed as high as $40 million. Extensive multi-million dollar formal gardens graced the backyard which included formal French and Italian gardens with a grand-scale fountain at the center.
The interiors of the mansion were created by several hundred construction workers, master woodworkers, and artisans creating a residence that also doubled as a work of art. Several themed bedroom suites were designed throughout the estate including Egyptian & Oriental Suites, as well as bedrooms designed in the Ultra-Contemporary, Old English, and French styles. Other structures on the property included an estate manager’s cottage, a green keeper’s cottage, a conservatory, an amphitheatre, and a wedding chapel on a man-made lake. The mansion sold in mid-2010 for just $7.6 million and the new owner planned to tear it down. Demolition has already begun. If you had the chance which property would you have chosen? The $9.58 million teardown on 0.41 acres only 18 minutes from Vancouver, BC, or the 60-acre dream estate in Johns Creek, GA with a 42,000 square foot mansion for just $7.6 million?