Lot 17 Riverside Drive in suburban North Vancouver is currently listed on the real estate market for $10 million as a 15.1-acre forested property, representing the largest residential land offering currently available on the North Shore, according to real estate listings.
Understanding the $10 Million North Vancouver Land Listing
The address features a completely undeveloped, heavily wooded plot in the middle of suburban North Vancouver. According to real estate marketing materials, the property is marketed as a once-in-a-generation legacy asset. The marketing package includes overhead drone photography alongside artificial intelligence-generated conceptual renderings of potential home designs and landscaping layouts. The listing highlights the potential for a sprawling private retreat equipped with a multi-car collector garage, pool, spa, and athletic courts for tennis, pickleball, basketball, and soccer.
The property is zoned for residential use, according to the listing details. Marketing materials indicate the parcel permits the construction of a custom residence spanning approximately 10,000 square feet of interior living space, accompanied by two separate accessory buildings.
Driveway Access and District Review Status
Realtor Pete Shpak states that the property has appeared on the market previously, but past sales efforts stalled due to the challenge of securing driveway access permissions from the District of North Vancouver. Shpak notes that obtaining this driveway access is the critical factor that unlocks the full development potential of the land parcel.
While casual observers might mistake the dense forest for municipal park land, district spokesperson Justin Beddall confirms that Lot 17 is entirely privately owned. According to Beddall, district municipal staff are actively reviewing a Development Permit Area application for the site. That active application outlines plans for a single-family dwelling, an attached garage, and a dedicated access driveway.
Shpak observes that municipal attitudes toward developing the tract have shifted over time, stating that discussions with municipal officials and design teams indicate the project is reaching the final stages of securing driveway approval. Beddall confirms that the current property owner has completed an extensive, multi-step process involving environmental assessments and slope management studies. Home designer Robert Blaney is currently producing architectural concept work for the site, according to district statements.
Did You Know?
Despite appearing on maps as a continuous stretch of urban wilderness resembling public park space, Lot 17 Riverside Drive is classified entirely as private residential land.
Frequently Asked Questions
How much does Lot 17 Riverside Drive cost?
The 15.1-acre property is listed on the real estate market for $10 million, according to marketing materials.
What can be built on the North Shore property?
The land carries residential zoning, which allows for the construction of a custom home with roughly 10,000 square feet of interior space and two accessory buildings, according to the real estate listing.
Why has the property taken time to sell?
Realtor Pete Shpak explains that previous listing attempts faced hurdles related to securing official driveway access approval from the District of North Vancouver.
Is the property currently being reviewed by municipal authorities?
Yes. District spokesperson Justin Beddall confirms that staff are reviewing a Development Permit Area application covering a single-family dwelling, an attached garage, and an access driveway.
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