20088 FERNRIDGE CRESCENT, Langley
$2,498,000
This 70,567.2 sqft property in Langley is a detached single-family home on a lot the new rules make suitable for a multiplex. Langley follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The coming SkyTrain extension will widen where the higher counts apply.
Prime investment opportunity in Langley's Fernridge Neighbourhood Plan (NCP)! This exceptional 1.6-acre property is designated for a minimum 10,000 sq. ft. lot configuration, offering outstanding future redevelopment potential. Clean title with no creeks, easements, or rights-of-way maximizes development appeal. The property features a 2,520 sq. ft. 4-bedroom home plus a detached coach house for added rental income. Ideally located just 1 minute to South Langley Church, 4 minutes to Glenwood Elementary, 10 minutes to Brookswood Secondary and H.D. Stafford Middle School, and minutes from shopping, parks, and amenities. A rare opportunity to invest, hold, or redevelop in one of Langley's growing neighbourhoods. Reach out today!
How this price compares
This lot asks $35 per square foot of lot. That is 61% below the median of $90 across the 213 active lots VanPlex is showing in Langley, and puts it 58 of 213 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $2,498,000
- Lot size
- 70,567.2 sqft
- Lot dimensions
- 201.77 x
- Frontage
- 201.77 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1968
- MLS® area
- Brookswood Langley
- MLS® number
- R3150022
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Listing data via MLS®. Displayed for information only.