$32M mansion shatters Whistler real estate sales record
CTV
A home in an exclusive neighborhood overlooking Alta Lake has sold for $32,000,000, breaking Whistler’s real estate sale price record by nearly $10,000,000.
A home in an exclusive neighborhood overlooking Alta Lake has sold for $32,000,000, breaking Whistler’s real estate sale price record by nearly $10,000,000.
The 8,700 square foot mansion was designed by the architect of Bill Gates’ home, and features an 82-foot-long cantilevered swimming pool overlooking the lake.
“There are a ton of things about the house that are incredible, but architecture, obviously that’s where it all starts,” said listing agent Max Thornhill with Engel and Volkers Whistler.
“I have been selling real estate here for 30 plus years, and this is definitely an architectural masterpiece is how most people refer to it,” said real estate agent John Ryan who represented the buyers. The international couple, who Ryan say split their time between Europe and New York City and are self-made, also bought the lot next door for an additional $7,500,000 to build a guest house and tennis courts.
“They just fell in love with Whistler. They literally are closing on this as quick as possible, or did this morning, and will spend the next couple of months living in Whistler here,” said Ryan. “They’re talking kind of three months in the summer and two to three weeks in the winter for skiing. So they’ll spend significant time here. More than a lot.”
The buyers were able to purchase the home because Whistler is exempt from a new law that prohibits foreigners from buying homes in Canada.
“When the federal government came in with both its under-used housing tax along with the foreign buyer ban, they exempted basically rural and vacation areas across the country from both the tax and the ban, which kind of makes sense. You have these areas that depend on non-residents,” said Tsur Somerville, a professor at UBC Sauder School of Business.
