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4280 Westervelt Pl

$975,000

Lake Hill

Land— · — · —21 days on market

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About this home

A well located Building Lot offering attractive TWIN VIEWS -- southwest towards the vibrant downtown skyline and northeast across the picturesque Blenkinsop Valley to Mt. Doug in the distance!! Nestled within an exclusive enclave of elegant custom homes, this elevated property is perfectly positioned atop a natural rock outcrop to maximize its breathtaking outlooks. The lots's natural contours create an ideal setting for a Dream Home, with a side driveway leading gracefully up to the building site above. The gently sloping rear and side areas provide excellent space for beautiful gardens, outdoor living and entertaining and a spacious backyard retreat and an ideal location for a large detached garage. Bring your architectural vision to life with a luxurious Contemporary home. Imagine a terraced floor plan featuring expansive decks and balconies designed to capture the private views, an exterior stairway adjacent to the rock outcrop ascending from the street to the home site. The possibilities are endless. Offering 8100 sf on a peaceful, picturesque street in a highly desirable Lakehill location. This is an outstanding opportunity to create a spectacular custom view home with an unbeatable setting. Conceptual 3D renderings available to inspire your imagination, along with plans that the owners had designed. A prime opportunity to build the home you envisioned. Zoned RS-8. (id:65179)

Property details

From the listing's public record.

Lot size

8,100 square feet

Taxes

$5,596/yr

Zoning

Residential

View

City viewMountain viewValley view

Lot

Cul-de-sacIrregular lot sizeRockyPie

Price history

8 records

Every recorded listing event for this property — sales, relists, expired or withdrawn listings.

  1. Oct 2, 2026

    Listed $975,000

    Active21 days on marketMLS 1051151
  2. May 4, 2026

    Listed $975,000

    Ddf_delisted151 days on marketMLS 1034266
  3. Aug 21, 2025

    Listed $999,000

    Expired132 days on marketMLS 1011738
  4. Apr 21, 2025

    Listed $999,000

    Cancelled122 days on marketMLS 995531
  5. Mar 16, 2023

    Listed $999,000

    Expired184 days on marketMLS 924129
  6. Sep 1, 2021

    Listed $945,000

    Expired90 days on marketMLS 885382
  7. Jun 7, 2021

    Listed $975,000

    Expired81 days on marketMLS 877997
  8. Feb 8, 2021

    Listed $1,025,000

    Cancelled115 days on marketMLS 865692

How this listing compares

Not enough recent sales in this area for reliable stats.

Current market in Lake Hill

Active (same type)

1

Pending

0

All active listings

14

Months of supply

—

Assessment

From publicly available property records.

Assessed value

$1,076,000

Recent nearby sales

3 sales
  • 1838 Dunnett Cres

    $650,000

    — · — · — · 46 days on market

    Sold Aug 11, 2026 · 88% of list

  • 4225 Douglas St

    $625,000

    — · — · — · 95 days on market

    Sold Jun 26, 2026 · 96.3% of list

  • 4563 Cordova Bay Rd

    $270,000

    — · — · — · 20 days on market

    Sold May 8, 2026 · 90% of list

What would this home cost?

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We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.

Property Transfer Tax is shown at the standard rate for this property type. First-time and newly-built exemptions apply to principal residences — for vacant land, they may apply if you build and occupy a home here (the amount depends on land plus construction cost). Talk to us about your situation.

Estimate

Monthly mortgage

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Enter a rate to see the payment.

Loan amount

$975,000 − $195,000

$780,000

Down payment

20.0%

$195,000

Property Transfer Tax

$17,500

Legal / closing (est.)

$1,500

Cash to close

$214,000

Down payment + PTT + GST + legal estimate.

Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.

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More on this listing

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