7231 Lucas Road, Richmond, BC
•Broadmoor- $1,789,000
- 3 bed
- 2 bath
- 1571 sqft
- Built in 1985





Exceptional opportunity in the highly sought-after Broadmoor neighbourhood! Situated on a quiet 60' x 117' lot with a sunny south-facing backyard, this property offers excellent redevelopment potential for builders, investors, or families looking to build their dream home. Zoned RSM/L with Small-Scale Multi-Unit Housing potential (Buyer to verify with the City of Richmond). The existing 4-bedroom, 3-bathroom home, requires significant TLC and is being sold as is, where is. Conveniently located just a 5-minute walk to transit and a 3 minute drive to Richlea Shopping Centre, Broadmoor Village, South Arm Community Centre, groceries, restaurants, and amenities. Located within the desirable Ferris Elementary and Richmond Secondary catchments, this is a rare opportunity in a prime location.
This Single Family Residence home located at 7340 Schaefer Avenue, Richmond is currently for sale and has been available on Strawhomes.com for 19 days. This property is listed at $1,799,000 with an estimated mortgage of $8,413* per month. It has 4 beds, 3 bathrooms, and is 2,276 square feet. The property was built in 1976. 7340 Schaefer Avenue, Richmond BC V6Y 2X7 is in the Broadmoor Houses neighbourhood Richmond. Woodwards, Lackner and Garden City are nearby neighborhoods.
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
| Area | Avg. Price | Updated |
|---|---|---|
| This Home | $1,799,000 | Aug 10, 2026 |
| Richmond | $1,418,923 | Sep 5, 2026 |
| Broadmoor | $2,171,828 | Sep 5, 2026 |
With 2,017 single family homes in Richmond, finding your perfect home will be easy.
This freehold detached house was built in 1976 and is currently listed at $790 per square foot. The property sits on a 7,020 sq ft lot with 60 feet of frontage. The property offers 4 parking spaces, a garage, 1 fireplace. Annual property taxes were assessed at $6,676 in 2025.
7340 SCHAEFER AVENUE is in the city of Richmond, British Columbia and found in the community of Broadmoor in Richmond.
Other communities nearby are South Arm, Gilmore and Saunders. Schaefer has 2 homes currently on the market, while the district of Broadmoor has 64 postings on the market. This is roughly 3.2% of Richmond's total 2,017 listings on the market. In Broadmoor, the average asking price for a detached house is $2,182,996, which translates to a monthly mortgage payment of around $10,209.* This is 1.5 times the average price of $1,408,484 for a similar detached house in the city of Richmond.
The average Broadmoor listed detached house is 2,918 sq ft, has 4 beds, and 4 baths.
In the area surrounding 7340 SCHAEFER AVENUE, detached houses outnumber townhouses on the market.
Monthly payments are an estimate based on a mortgage with 20% down @ 5% with a 5-yr mortgage rate
MLS®#: R3154272 · $1,799,000 · 4 bedroom detached house in Broadmoor Richmond.