Best Value in the UEL South. Nestled in one of Vancouver's most coveted enclaves, this exceptional 80 x 172.5 ft (13,800 sq ft) level lot with a west facing backyard, offers a rare opportunity in the University Endowment Lands. Set on a quiet, Magnolia tree lined street, it's an ideal canvas to build your dream home or bring your design / decorating ideas. Steps to UBC, Pacific Spirit Park, & UBC Village, this is a true 10/10 location for lifestyle & long-term value. The existing 5 bedroom, 3 bathroom home with almost 3,500 sq ft of living area offers flexibility & rental potential while you plan & secure permits. Buyers to verify development guidelines with the UBC Endowment Office. By appointment only. Do not walk property without consent. Independently appraised at $4,150,000 this April