In a groundbreaking real estate transaction, the combined sale of two adjacent Whistler properties have become the highest-priced real estate deal in the history of our ski resort. This monumental sale not only shatters records but also cements Whistler’s reputation as the ultimate destination for exclusive, high-end properties.
Photo by Nic Lehoux
THE HIGHEST-PRICED HOUSE FOR SALE IN ALL OF CANADA
Situated in the prestigious Stonebridge neighborhood, a private home at 5462 Stonebridge Drive became the highest-priced house for sale in all of Canada when it was listed last year at$39 million. This remarkable 8,700-square-foot architectural masterpiece sitting on a nearly three-hectare lot the property was sold in July 2023 for an astonishing $32 million. Adjacent to this extraordinary property lies an even larger parcel of land, 9.8 acre lot to be developed in keeping with the existing design. This adjoining lot, sold in conjunction with the main estate, contributed to the record-breaking total purchase price of $40 million, inclusive of all applicable taxes.
STONEBRIDGE: WHISTLER’S MOST PRESTIGIOUS NEIGHBORHOODS
Stonebridge is renowned for its breathtaking vistas of the majestic mountains and unparalleled privacy. The mansion was designed by the architects of Bill Gates’ home – Robert and David Miller of Bohlin Cywinski Jackson. They used significant design elements, such as the striking blue glass arrival court, the golden spiral, and the curving cable-hung stair that doubles as an art installation, all serve to create a harmonious connection between the interior spaces and the natural landscape. Furthermore, the property boasts cantilevered decks that extend the living spaces into the outdoors and a 25-meter pool that seems to defy gravity as it cuts into and out from the cliff’s edge.
Photo by Nic Lehoux
ITALIAN ENTREPRENEUR SETS WHISTLER PRICE RECORD
The residence was built in 2014, by the original owner, this was the first time the property had changed owners. The prestigious buyer, as reported by the Wall Street Journal, is none other than Italian entrepreneur Salvatore ‘Sal’ Spano. His ambitious plan includes the development of the vacant lot next door, mirroring the existing design.
The beauty of it all lies in Whistler’s exemption from a new law that restricts foreigners from owning Canadian homes. The foreign owner ban in Canada does not apply to Whistler. We are one of the only communities in Canada that welcomes foreign owners.
The sellers are not leaving Whistler and have chosen to move closer to the Village, acquiring equally newsworthy residence, the House Heidi Whistler, as their new residence. The chalet sold for 7.5 million after been renovated by designer and TV personality Sarah Richardson. This luxury chalet has been featured on the HGTV show Sarah’s Mountain Escape.
LUXURY REAL ESTATE IN WHISTLER
In summary, the $40-million sale reaffirms Whistler’s position as a world-renowned hub for luxury real estate. At Shauna O’Callaghan Real Estate, we have and always take pride in representing clients who define luxury living and who see the value of the Whistler community. It is important to note that most new luxury homes being constructed today, owners are equally spending an amount similar to the sale of this property in Stonebridge as their construction budget. You see these investments in new builds being made all the time in these prestigious neighbourhoods such as Sunridge, Kadenwood, and Stonebridge. Whistler is a young resort and re-sale of this magnitude has only just started!
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