At $49 million, this stunning property is the crown jewel of Vancouver’s luxury real estate market

This stunning property is believed to be the largest luxury oceanfront penthouse in Canada.

Vancouver Oceanfront Penthouse Becomes the Most Prominent Listing on the Market in Canada

Located in Coal Harbour’s prestigious Three Harbour Green development, the penthouse listing signals a rebound for Vancouver’s ultra-lux segment.

This stunning property, believed to be the largest luxury oceanfront penthouse in Canada, spans three floors with nearly 13,000 square feet of combined living space and a prime location in Canada’s most prestigious master-planned oceanfront Harbour Green community, just steps away from Vancouver’s Coal Harbour Marina and the world’s longest uninterrupted waterfront seawall.

Three Harbour Green stands 31 storeys high and features an exclusive collection of 79 homes, built by renowned developer ASPAC Developments and designed by IBI Group.

Completed in 2012 and custom redesigned in 2016, the opulent penthouse comes complete with over 8,000 square feet of indoor space, including four bedrooms, five bathrooms, and more than 4,700 square feet of functional outdoor space, including one balcony and two rooftop terraces, one of which has been transformed into a secluded 2,500-square-foot Zen-garden. Its numerous expanses and enclaves offer ample opportunity for everything from quiet relaxation to casual gatherings and upscale entertainment.

Inside, 20-foot ceilings give the modern abode an airy, open feel, which is augmented by the unobstructed 360-degree views of the ocean, North Shore Mountains, Stanley Park, the historic Lions Gate Bridge, and English Bay from every room. Downstairs, a seven-car private garage and three high-security rooms provide ample storage space.

The penthouse’s stylish aesthetics pay tribute to the surrounding vistas, mirroring the landscape with understated West Coast flair. Custom designed by Karin Bohn, founder and creative director of the award-winning House of Bohn design studio, the home’s finishings include luxury materials, millwork and custom furnishings that reflect and enhance the views beyond.

“The home went through a complete renovation to bring our design vision to life,” Bohn says. “I wanted the homeowners to feel fully immersed in the 360-degree view. We custom-designed an onyx-and-marble tile floor with a geometric pattern to mimic the angle of the distant mountains, paired dark marble with solid oak hardwood and brought in extensive millwork with beautiful details. Everything was highly customized – from the blown glass and braided metal cloud-like Bocci 73 random light installation, to the 10-foot-tall black and white marbled Nero Marquina stone fireplace. It’s rare to see a home incorporate this much contemporary detailing.”

Three Harbour Green’s resort-style amenities make this a true dream home.

From the resort-sized ozonated indoor swimming pool, swirl pool, sauna and steam room, to the virtual golf, indoor squash court and billiard room, to the theatre, table tennis room and guest suite, the extensive amenities mean hours of convenient recreation in the comfort of home. A 24/7 concierge team and grand lobby to welcome guests complete the experience. This is an opportunity you simply won’t find anywhere else in Vancouver, says listing agent Juliana Jiao.

“The prestigious oceanfront location, unparalleled views of all of Vancouver’s landmarks, the exquisite and luxurious interior design, the sheer scale of the home and robust security optimizing privacy, make it the most coveted penthouse our industry has ever seen.”

“There simply is no equal to this magnificent home,” Jiao adds. “If you’re looking for the most prestigious, private and luxurious penthouse in Canada, and want to live the ultimate West Coast lifestyle, this is it.”

“Vancouver’s ultra-luxury market has been re-energized. Given the return of product, interest, and consumer confidence, sales volumes now exceed pre-pandemic levels.” says Juliana Jiao, “A new stream of buyers have patiently waited and are now taking advantage of opportunities. Buyers have gained new perspectives for residential luxury and expect significantly more out of their investments.”

Dan Scarrow, President of Macdonald Realty, agrees. “The Three Harbour Green penthouse listing signals a return of buyer interest in the ultra-luxury segment of Vancouver’s real estate market. Contributing factors include pent-up demand, evolving consumer needs, and additional capital flowing into residential living spaces as a response to changing work-from-home trends. Macdonald Realty was instrumental in the original marketing of Coal Harbour and we’re proud to see that it continues to be one of the most sought-after communities in the world.”