Author: Les Twarog

What Is 3085 Point Grey Road?

This house sits in the Kitsilano neighborhood, which is one of the richest areas in Vancouver. The house is right on the edge of the water, and the views are amazing. You can see the ocean, the mountains, and even downtown Vancouver from here. The exact address is 3085 Point Grey Road.

This home isn’t just big—it’s the biggest in terms of value. As of 2025, it’s worth $82.66 million. That’s more than any other house in Vancouver. In fact, it’s the most expensive house in all of British Columbia.

Who Owns This House?

The person who owns it is Chip Wilson, the man who started Lululemon, the company that sells yoga pants and other workout clothes. He’s one of the richest people in Canada, and this house shows it. Chip bought this land many years ago and built this dream home from the ground up.

This isn’t just a regular house. It’s more like a small private hotel or a mini resort. It’s about 15,694 square feet, which is massive. There are seven bedrooms and nine bathrooms inside. There’s also probably a gym, a big kitchen, fancy art, high ceilings, and everything else you can think of in a super luxury house.

How Much Is It Worth?

Right now in 2025, the city says this house is worth $82.66 million. That’s up from last year, which means the value keeps going up. The house went up in value by 1.1% this year, which might not sound like much, but when you’re talking about something that’s already worth that much, 1% is a lot of money.

This high price isn’t just because of the house itself. It’s also because of where it’s located. Kitsilano is known for big money, peace and quiet, and ocean views. Houses on this street don’t go for cheap.

What Makes the Location Special?

The street the house is on—Point Grey Road—is one of the most famous streets in Vancouver. It runs along the water and has some of the priciest homes in the city. It’s quiet, clean, and filled with old money.

Even the nearby houses cost millions. Just down the street, 2815 Point Grey Road is also one of the most expensive homes in B.C. This whole area is a spot where people with a lot of money like to live. The houses here don’t come up for sale often, and when they do, they cost a fortune.

Some parts of Point Grey Road have no car traffic anymore. The city turned them into bike-friendly areas a few years ago, which made the street even more peaceful. That adds to the appeal of living here.

Why Is This House So Famous?

There are a few reasons. One, it’s the most expensive house in Vancouver. That alone makes it famous. Two, Chip Wilson is a known name. People know about Lululemon, and because of that, they know about this house.

The house has been talked about in the news, in real estate circles, and online for years. Some people admire it, others think it’s too much, but either way, people know about it.

Plus, when something costs that much, people naturally want to talk about it. It's like the fancy sports car of homes.

What’s Inside? (Based on What People Say)

The house isn’t open to the public, so no one really knows every single thing inside, but based on what’s been shared over the years, it probably has:

• Big windows for full ocean views
• A high-end kitchen
• Private gym
• Home office
• Fancy bathrooms with marble
• Smart home features
• Outdoor space with views
• Maybe even a private dock or boat access

It’s likely built with very expensive materials and has a design that makes the most of the space and view.

How Did It Get So Expensive?

Part of it is simple: it’s a mix of land value, size, and location.

Vancouver is already known for being expensive, especially near the water. But Point Grey Road takes that to another level. Over the years, land values have kept rising, and because this house takes up a big chunk of that land, its value keeps rising too.

Also, luxury real estate is a different game. There’s a small number of people who can afford a house like this, but those people often want the best—and this house is one of the best. That means the price keeps going up even if the rest of the market slows down.

Is It Just a House?

To regular folks, this might look like a house. But to the people who live in this world of money, it’s more like a status symbol. It says, “I’ve made it.”

It’s also part of a growing list of ultra-luxury homes in Vancouver. Over the years, more homes like this have been popping up, especially near the water, but none so far have matched this one in price.

Some people see homes like this as investments. Others just want to live in the best spot possible. For someone like Chip Wilson, it’s probably both.

What Does This Mean for the Rest of Us?

For most people, houses like this are far out of reach. But they still play a role in the city’s real estate market. When the top homes go up in price, it sometimes pushes other prices up too. That’s part of why Vancouver stays so pricey.

It also brings attention to the area. People hear about the most expensive house and get curious about the neighborhood. It becomes a hotspot, even if just for a drive-by.

One Last Thing

3085 Point Grey Road is not just a home—it’s a symbol of what’s possible when money is no object. It's the kind of place that gets people talking, not because they can buy it, but because it's interesting to know it even exists.

Whether you love big homes or think they’re too much, this one is part of Vancouver’s story now. It’s the city’s most expensive place to live, and it shows no signs of slowing down.

To learn more or connect with Les Twarog Team , click here!