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Vast Surrey villa re-listed for $28.8M, 10 times assessed value (PHOTOS)

This massive, resort-style “Tuscan villa” in Surrey raised eyebrows and hit media headlines last summer with its record-breaking listing price of $28 million, 10 times its assessed value – later adjusted to $26 million and did not sell at the time.
Tuscan reflections pond

This massive, resort-style “Tuscan villa” in Surrey raised eyebrows and hit media headlines last summer with its record-breaking listing price of $28 million, 10 times its assessed value – later adjusted to $26 million and did not sell at the time. Not to be deterred, the owners have now listed their spectacular property again – at an even higher price.

“Villa di Ponti” was put back on the market March 19 for $28.8 million, making it by far the Lower Mainland’s priciest new residential MLS listing last week (March 19-26).

The new price is still just shy of 10 times the home’s assessed value, which as of July 2017 was $2.92 million – $1,095,000 for the land, and $1,825,000 for the house, according to B.C. Assessments.

Built in 2014, the multiple-construction-award-winning home is truly jaw-dropping. It sits on nearly 77 acres, around a 15-minute drive to White Rock, and has a 10-acre vineyard, two “docked and stocked” private lakes with a white sand beach, a golf putting green, a helipad, an amphitheatre, an infinity pool plus hot tub, a koi pond, and parking for more than 50 cars.

Surrey villa listing exterior
Villa di Ponti seems more like a hotel resort than a private home, with its sprawling footprint and vast grounds with amazing leisure features. Listing agent: Carolyn Glazier

 

The hotel-sized home itself has more than 13,000 square feet of interior living space, with eight bedrooms, at least eight bathrooms, eight fireplaces, yoga studio, home theatre and massive living and entertaining spaces.

Surrey villa listing living
Expansive living spaces with soaring ceilings are everywhere in this 13,000-square-foot house. Listing agent: Carolyn Glazier

 

There are also expansive outdoor living areas, including outdoor kitchen and pizza oven, and long wet bar with TV screen.

Surrey villa listing outdoor dining
This outdoor living area has a covered section with wet bar, TV screen, fireplace and enormous barn door. Listing agent: Carolyn Glazier

 

The listing description points out that the one-of-a-kind home has a “history of substantial annual income from the movie industry.”

Check out more photos of this property below.

Surrey villa listing pool
The architectural feature of the home, the rounded tower, looks over terraces with a swimming pool and large hot tub. Listing agent: Carolyn Glazier

 

Surrey villa listing putting green
A putting green is just one of many luxurious features in this Surrey estate. Listing agent: Carolyn Glazier

 

Surrey villa listing kitchen
The kitchen of this Surrey house also has enormously high ceilings, as well as high-end appliances. Listing agent: Carolyn Glazier

 

Surrey villa listing master bedroom
The master bedroom is one of eight rooms in this huge house that boast a fireplace. Listing agent: Carolyn Glazier

 

Surrey villa listing master dressing room
We're not sure if the statue in this opulent master dressing room is part of the deal. Listing agent: Carolyn Glazier

 

Surrey villa listing home theatre
Amazing how the photographer snapped this image exactly as Humphrey Bogart hit the same position on screen as the poster on the wall of this gorgeous home theatre. Oh, wait a minute... Listing agent: Carolyn Glazier