If there was any doubt that Asian buyers are having a tremendous impact on Vancouver's real estate market, think again. The largest single family house sale reported in BC was actually sold in December 2014 in Point Grey for an astronomical $51.8 MILLION! The buyer is reported to by Chinese businessman Mailin Chen. What is interesting to note is that the typical home buyer would not have necessarily seen the home for sale since it was not listed on the MLS (multiple listing service), nor was it advertised. What special features of this home attracted such a staggering price? The residence boasts a 25,000 square foot home with grass tennis court, 10 car garage, theatre and detached caretaker's home. It is estimated that in Vancouver, 39 homes have sold for over $5 million since January 1, 2015.