Vancouver real estate: assessed $5.3 million, heritage home called The Old Farmhouse listed for $10.9 million

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      Owning a heritage home brings prestige.

      It’s like having a piece of history.

      How much are you willing pay for such a record of time and place?

      Take 6476 Blenheim Street for example.

      Known as The Old Farmhouse, the early 20th century home was one of the first structures in what is now known as the Southlands of Vancouver.

      It is listed in the Vancouver Heritage Register in the B category, meaning it is of “significant” heritage value.

      B.C. Assessment placed the 2021 value of 6476 Blenheim Street as of July 1, 2020 at $5,332,000.

      The sum represents the assessment of the 0.2-hectare lot at $4,156,000, and the house at $1,176,000.

      The home features six bedrooms and five baths.

      On August 10, 2020, Engel & Volkers Vancouver listed the property for $12 million.

      No sale happened, and the listing was terminated on December 15, 2020 with a reduced price of $10.9 million.

      On January 27 this year, the property came on the market again for the same price of $10.9 million.

      Based on tracking by Zealty.ca, a real-estate information site, the heritage home was last sold on August 16, 2009 by Macdonald Realty for $3 million.

      Five years earlier, the same property was sold by Dexter Realty on October 27, 2004 for $1,710,000.

      The Vancouver Heritage Foundation has compiled this history for 6476 Blenheim Street:

      This elegant circa 1911 Craftsman house features a wraparound veranda, porch posts with decorative brackets and double gables. Situated on a prominent half-acre in Vancouver’s Southlands neighbourhood it stands out among small farmhouses and recently built homes.

      As evident on the Goads 1912 Fire Insurance Map, this was one of the only structures standing at that time in the area. It was located on Magee Road (now West 49th Avenue) just east of Henry Mole’s homestead and west of the McCleery farm. In those days, the land would have been vast and open, and mostly made up of farmland. These large homesteads are one of the reasons why this area is now popular with golfers; the Henry Mole property became Point Grey Golf and Country Club and the McCleery farmstead is now the McCleery Golf Course.

      The 1917 Henderson’s Greater Vancouver City Directory shows that Simon F. Pyke, a cannery manager, lived here with Evan A. Pyke, a wireless operator. In 1931, Simon and Evan are listed as living at 1368 West 45th Ave. Simon continued to be listed as an owner of 6476 Blenheim St. from 1931-1940 but was also listed as residing at the house on West 45th Avenue. In the 1940s, Jason Dunsterville and his wife, Rachel moved in. Dunsterville was listed as a retired accountant at the time.

      Southlands was the traditional territory of the Musqueam First Nation and was later settled by Irish immigrants in the mid-1800s, before Vancouver was a city. It is now home to a variety of equestrian facilities, including Southlands Riding Club. Many homes are on acreages and have private stables.

      Listing for home cites "period charm' and "nostalgic heritage reminders".

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