9 Waterfront Homes Cheaper than this $5.009 Million Misleading “Waterfront” Vancouver House

$5,009,440 USD / $5,570,000 CAD / 4550 Marine Drive, Vancouver, BC

Not only is real estate in Vancouver a little overpriced, but it can also be a tad confusing.  Take this property in Point Grey for example.  It was originally listed at $5,351,197 USD ($5,950,000 CAD) and just recently came back on the market at $5,009,440 USD ($5,570,000 CAD).  The third sentence in the description says, “Waterfront property in prestigious Point Grey.”  The sixth sentence says, “Right across from the beach.”  It goes on to say, “Renovate or build your dream home by the beach,” and finishes the description with, “A great opportunity to own this waterfront property!”  So which is it – by the beach, across from the beach, or waterfront?  A quick Google search reveals that this home is actually across the street from the beach with a picnic area & trees directly in front of it.  You do however enjoy peekaboo views of the public beach & ocean which is quite the walk to get to.  Currently on the property is a 3,999 square foot home dating back to 1949 with 5 bedrooms & 5 bathrooms. The lot measures 0.13 acres (5,956 square feet) and is located a short 16 minute drive from Vancouver, BC.  A developer will most likely buy it to build new.  According to this listing it’s going to cost you $5,009,440 USD ($5,570,000 CAD) to buy a misleading waterfront property in Vancouver, BC, scroll down to see the real waterfront properties you can purchase elsewhere for less money.

$4,995,000 USD / $5,553,940 CAD / 35155 Beach Road, Dana Point, California

For a few thousand less than the misleading waterfront home in Vancouver, BC you could purchase this lovely Spanish Colonial Revival in Dana Point, California literally right on the beach!  The 4,050 square foot home was built in 1929 and still retains the original charm including wood beams and original tile throughout.  It sits on a generous 0.28 acre (11,995 square foot) lot with 52′ of beachfront right on the sand making this lot almost twice the size of an average “on the sand” lot in Southern California.  The home offers 8 bedrooms, 6 bathrooms, a large courtyard, a separate 2 bedroom, 2 bathroom owner’s suite, a guest casita, and is situated in a private gate guarded and 24/7 security patrolled neighbourhood.  You literally own the beach to the mean high tide line, so truly the sand is your backyard.  The property is centrally located to all of what Dana Point offers and is about an hours drive from Downtown Los Angeles.  It can be yours for just $4,995,000 USD / $5,553,940 CAD.  It’s listed with Ken Ross of Surterre Properties.

$4.995 dana
$4,995,000 USD / $5,553,940 CAD / 35381 Beach Road, Dana Point, California

If you’re not into the charm & detail of the 1920s, don’t worry.  Just 7 minutes down the road from the previous Dana Point home is this impressive award-winning oceanfront residence listed at $4,995,000 USD / $5,553,940 CAD.  It was designed by Lehrer Architects and offers 3,789 square feet with 4 bedrooms, 4 full bathrooms, and 1 partial bathroom on a 0.11 acre (4,792 square foot) lot.  Floor to ceiling windows maximize the presence of sand and views from every room including the second level master suite.  The seaside deck features a private spa just steps from the sand.  It’s listed with Tim Smith of Coldwell Banker.

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$4,900,000 USD / $5,448,310 CAD / 120 Morning Shore Ct, Lexington, South Carolina

Just 30 minutes from Downtown Columbia, South Carolina you can buy this eye pleasing 1.75-acre waterfront peninsula.  The Greek Revival-style mansion offers 9,950 square feet with 6 bedrooms, 7 bathrooms, sweeping views from nearly every room, and expansive wraparound porches.  There is an upper level deck for sun bathing and a fourth floor cupola which enjoys panoramic sunrises and sunset views.  Enjoy a lakefront pool, boat dock & boat lift on Lake Murray.  It can be yours for just $4,900,000 USD / $5,448,310 CAD.  It’s listed with Kathy Besse of The Lachicotte Company.

Sands Point
$4,900,000 USD / $5,448,310 CAD / 8 Sands Light Road, Port Washington, New York

Only 40 minutes from New York City is this stunning beach house situated at the tip of Sands Point.  A site rich in historical value, this beautiful residence offers 5 bedrooms & 5 bathrooms with dramatic 180-degree views of the Long Island Sound and Execution Rock.  It can be yours for just $4,900,000 USD / $5,448,310 CAD.  It’s listed with Nava Mitnick of Daniel Gale Sotheby’s International Realty.

$4,888,000 USD / $5,434,967 CAD / 5931 Kalanianaole Highway, Honolulu, Hawaii

Very few things can come close to being better than waterfront in Hawaii.  For just $4,888,000 USD / $5,434,967 CAD you can buy this tropical getaway on a 1.25-acre estate with over 180 linear feet of water frontage.  The property is accessed through a gated driveway that winds past the tennis court and opens to the expansive single-level 5,000 square foot Contemporary home.  The home offers sweeping views to Koko Head and features Koa wood flooring & cabinets.  Fabulous entertaining areas include a waterfront heated pool and extensive patio to the large courtyard.  There is also a separate caretaker quarters.  If you needed to leave your private tropical oasis, Downtown Honolulu is a short 16-minute drive away.  It’s listed with Patricia Choi of Choi International.

$4,500,000 USD / $5,003,550 CAD / 6280 Riverview Boulevard, Bradenton, Florida

If you’re looking for a waterfront deal then this is the property for you.  Previously listed as high as $8,850,000, this sprawling 10,310 square foot manor home is now available for nearly half that price at just $4,500,000 USD / $5,003,550 CAD.  The 1.18-acre Manatee Riverfront estate, which is being sold as a short sale, offers views of the historic Emerson Point and features a dock, boat lift, and a boathouse.  The main house includes 5 bedrooms, 7 bathrooms, and a guest apartment above the 5-car garage.  The property is located 53-minutes from Downtown Tampa and just 27-minutes from Downtown Sarasota.  Act fast, at $4,500,000 USD / $5,003,550 CAD this property won’t last long.  It’s listed with Pam Taylor of Michael Saunders & Company.

$4,406,871 USD / $4,900,000 CAD / Scott Island, British Columbia, Canada

If a measly waterfront lot just doesn’t do it for you then how about you’re own private island?  Scott Island is a secluded & enchanting island about 4.8 kilometres (3 miles) North East of Chemainus, Vancouver Island in an area known as the ‘banana belt’ of the Gulf Islands of British Columbia.  The island is approximately 5.26-acres of level land and mostly in its natural state with low bank frontage, sandy-shell beaches and interesting figurative sand stone outcroppings.  There is a West Coast style home spanning 4,541 square feet with 5 bedrooms & 6 bathrooms with incredible views.  There is an adjoining self-contained caretaker’s wing of 1,644 square feet with two bedrooms & two bathrooms.  It can be yours for just $4,406,871 USD / $4,900,000 CAD.  It’s listed with Private Islands Magazine.

$3,950,000 USD / $4,392,005 CAD / Belden Island, Branford, Connecticut

For just $3,950,000 USD / $4,392,005 CAD you can buy this 1.04-acre private island in Branford, Connecticut complete with sandy beach, windswept pines, a new dock, putting green lawn, and extraordinary 100-year old Victorian farmhouse with original wainscoted walls and ceilings.  The home offers 4 bedrooms, 2 bathrooms, a living/dining room with fireplace, and a den with fireplace.  This beautiful island getaway is located a short boat ride and 19-minute drive from Downtown New Haven, Connecticut.  It’s listed with Private Islands Magazine.

$1,950,000 USD / $2,168,205 CAD / Watch Island, Clayton, New York

Situated between Clayton, NY & Alexandria Bay, NY is this quaint 1.30-acre island complete with impeccably restored 6,500 square foot Victorian mansion with a country kitchen, four furnished porches, and a grand dining room that seats up to 16.  There are 10 bedrooms, an antique-filled living room, and views of ships, sunsets, Thousand Island Bridge, and the Rock Island Lighthouse.  The home is air conditioned and all four bathrooms feature claw-foot soaking tubs.  There is also a deep-water boathouse and extensive docking facilities to accommodate a number of craft.  It can be yours for just $1,950,000 USD / $2,168,205 CAD.  It’s listed with Private Islands Magazine.



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