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21068 16TH AVENUE, Langley

$3,550,000

This 855,106 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.

A unique opportunity to acquire this 19.63 - acre estate in Langley, BC. The property has a main house featuring 5 bedrooms and 3 bathrooms with a basement that offers a separate entry. There is a 2,300+ sq.ft. barn on the property, along with outdoor paddocks which require some updating, and an outdoor riding area. Ideal for farming or equestrian use, this property may have the potential to be subdivided, as there is access at the back of the property from 12th Avenue. Potential buyers are instructed to consult with the Township of Langley.

How this price compares

This lot asks $4 per square foot of lot. That is 95% below the median of $90 across the 211 active lots VanPlex is showing in Langley, and puts it 6 of 211 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
$3,550,000
Lot size
855,106 sqft
Lot dimensions
330 x 2552
Frontage
330 ft
Bedrooms
5
Bathrooms
3
Year built
1973
MLS® area
Campbell Valley
MLS® number
R3062705

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Listing data via MLS®. Displayed for information only.