This is a 6 bedroom, 8 bathroom 10,595 square foot house on a 222 foot wide, 4.25 acre lot at 2106 SW Marine Drive in Vancouver.

It is the largest estate in Vancouver called The Gables and it was listed 3 years ago when it looked like this...

Here is that listing video...

The initial asking price was $12,800,000 and it was dropped half a year later to $10,980,000. 

I am not sure what it sold for, but it was renovated keeping some of the original details like the front hall...

 But then it was updated in places like the kitchen where it looks nothing like the original house...

I don't really get it.

And I don't get the price.

This house that had to drop its price 3 years ago is now listed at...

$38,000,000.

Considering the house down the street at 2238 SW Marine Drive...

Couldn't sell at $10,880,000 when it was listed in 2012 and needed a price drop to $9,980,000...

Then a price tag 4 times as much here seems really high.

Then again, this house does have this amazing view...

It's own custom designed 109 yard golf green and putting green with a bunker...

And it's own pond...

And it is the largest private estate in Vancouver.

But still...$10,980,000 to $38,000,000!?!

Seems like a REALLY expensive flip.

listing