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$3,788,000

4520 LANCELOT DRIVE

Richmond · MLS® R3115643

5 bed · 6 bath · 3,992 sq ft · 7,056 sq ft lot · 2 parking

House · Single Family · built 2026 · 166 days on market

Listed by Jane Mu, Royal Pacific Realty Corp.

Luxury custom-built masterpiece with a coveted south-facing backyard, set on a 7,056 square ft lot. Brand new 3,552 square ft residence showcases exquisite woodwork, natural stone slabs, and exceptional craftsmanship throughout. A grand foyer welcomes you with illuminated onyx and ambient LED lighting. Bright and airy open-concept layout with soaring ceilings and abundant natural light. Designer finishes include Versace tiles, custom chandeliers, and elegant strip lighting throughout. The gourmet kitchen is a showpiece, featuring premium Miele appliances, an oversized two-level island, and seamless 45-degree waterfall stone detailing. The luxurious south-facing primary bedroom offers his-and-hers closets. Second master with large private balcony. A stunning luxury home-must see!

Type: House, Single Family
Bedrooms: 5
Bathrooms: 6
Living area: 3,992 sq ft
Lot: 7,056 sq ft
Parking: 2
Year built: 2026
Property tax: $6,061 / yr
Days on market: 166
MLS®: R3115643

Above typical for the area (+25%)

2026 assessment: $2,435,000 · asking is +56%
Price per sq ft: $949 vs $757 median for houses in Richmond for sale (600)
Last sold: $1,735,000 · Jan 17, 2025

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

All
Intercom

On market 166 days

Listed now: 68 days; median for 601 houses for sale; this one 166 days

Houses in Richmond. Sale prices register 1 to 3 months after a sale closes.

FloodplainNo
Not within a designated floodplain on the provincial floodplain maps. These maps are historical and don't cover every river or the coast.
Source: Province of BC, Mapped Floodplains in BC
Agricultural Land ReserveNo
Not inside the Agricultural Land Reserve on the provincial map.
Source: Agricultural Land Commission, ALR boundary
HeritageNo
Not on the BC Register of Historic Places or in a heritage conservation area.
Source: BC Heritage Branch, historic places and conservation areas

From public government maps, matched to the listing's map pin. Maps can be out of date or miss a lot line; confirm with the municipality.

$17,009/mo

Mortgage $16,504 · Tax $505

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$16,504/ monthly

loan $3,030,400

25-year amortization

down payment20% · $757,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 7, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,920,786
property transfer tax: $107,400; BC general rate
cash to close: $865,000; down + PTT
total paid: $4,951,186

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

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