A sleek luxury condo has shattered Whistler’s residential real estate records with its $9.3M sale. The sale of the Four Seasons Private Residences condo is the highest-priced condo sales in the history of Whistler Blackcomb.
The 3.5-bedroom, four-bathroom abode, located in Whistler’s exclusive Benchlands neighbourhood, just sold for a precedent-setting $9,300,000 CAD ($6,882,000 USD).
Well-known, long-time Whistler realtor John Ryan of Whistler Real Estate Company was the listing agent for the record-breaking sale.
Backed by dramatic pine-covered and snow-topped mountains, the sprawling Four Seasons Private Residences manage to blend a cozy charm with unmatched sophistication. The unit itself is spacious and open, with many windows throughout, a large kitchen with top-of-the-line appliances and a large central island, spa-worthy bathrooms, and multiple fireplaces. A large view-filled terrace offers the perfect spot take in that west coast mountain air.
“Residence 37 is unique in that it's a corner unit,” described Ryan. “You have two walls of glazing which, you know, obviously gives great light and great views. The unit’s unique design gives you that feeling more of being in a home than in a condo. It is great for entertaining, great for family, or a combination of both.”
According to Ryan, what ultimately sets this pricey abode apart, however, is its coveted location inside the luxury Four Seasons Resort. It can all be summed up in one word: lifestyle. The Residences boast the benefits of living in a five-star hotel with a ski concierge, 24-hour room service, a health club, outdoor pool, hot tubs, and the level of refined service that makes the Four Seasons brand a go-to for lovers of luxury. “Five-star service, five-star amenities, connectivity to Whistler Village and skiing,” added Ryan. “There's truly nothing better.”
Not only do the residences allow for unlimited owner usage of the units – whether for a weekend or a ski season – they also allow for the ability to participate in the Four Seasons rental pool. “The condos really do generate incredible revenue,” says Ryan. He notes that the peak season rentals achieve revenue that’s likely unsurpassed in North America.
Specs
- Address: 4591 Blackcomb Way, Whistler, BC
- Bedrooms: 3.5
- Bathrooms: 4
- Selling price: $9,300,000
- Listed By: John Ryan, Whistler Real Estate Company
At $3,677 CAD ($2,721 USD) per sq. ft, the condo sale marked the third-highest price per sq. ft in Whistler’s overall residential real estate history.
To put the sale into perspective, a comparable residence sold in the notoriously pricey ski town of Vail, Colorado for $10,500,000 USD ($14,175,000 CAD) in August 2023, reflecting Whistler's ongoing exceptional value on an international scale. That’s not to say that Whistler’s secret isn’t out when it comes to real estate. Exempt from the federal foreign buyer ban, as well as the provincial speculation and vacancy tax, Whistler has become increasingly popular within the international real estate market. Of course, the glaringly apparent reality is that this also contributes to making the properties less attainable to Canadians. Naturally, these factors are driving up prices in the crown jewel of Canada’s ski country.
“The Four Seasons Private Residence really has no equal in Whistler and definitely in Canadian ski resorts,” said Ryan of the landmark sale. “There really isn't a close second. If we looked at a similar sale in the Four Seasons Private Residences, Vail, we're looking at about $1,670 CAD ($1,240 USD) a sq. ft more for very, very similar products.”
Our Favourite Thing
Our favourite thing about this property (aside from all the perks that come with living here) is the living room. The wall of windows brings the outdoors inside, with its views of the region's picture-perfect pines. Meanwhile, a fireplace adds a coziness that nicely juxtaposes the sleek kitchen that sits adjacent. This living room is the perfect spot to curl up with a glass of wine or cognac after a day of skiing.
When weighing up two of the premier mountain resorts in North America, Whistler offers not only exceptional value per sq. ft, but the added benefit of a favourable exchange rate for American buyers.
“When you have something special, there are still people there that are willing to pay top dollar,” says Ryan.
Since Four Seasons launched its prestigious Whistler development back in 2003, Ryan has facilitated 96 of 105 total deals at the luxury property, which equates to over 90% of sales. “We've been involved since literally day one, since the inception, when it really was just more of a dream,” explained Ryan.
While it's undoubtedly gorgeous, is the unit worthy of its price tag? As Ryan says, it's more a case of paying top-dollar for the luxurious mountain lifestyle.
