21113 16 AVENUE, Langley
$7,888,800
This 207,781 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.
Festina Lente Winery is a PROFITABLE, TURNKEY MEAD WINERY & EVENTS BUSINESS located in highly sought-after CAMPBELL VALLEY agri-tourism corridor. Est. in 2016, this mead wine producer operates in a resilient niche w/~84% GROSS MARGINS ON WINE & reduced exposure to grape shortages, climate volatility & traditional market saturation. Revenue diversified across HIGH-MARGIN WINE SALES, WEDDINGS, private events & tastings. Operation is fully staffed w/proven systems, disciplined growth & strong brand recognition. RECTANGULAR~5 ACRES w/ZONING FLEXIBILITY, parking & NOT IN A FLOOD PLAIN. NO EASEMENT or RIGHT OF WAYS. Property includes 4 BED/4 BATH ~4,500 SQ FT home w/large living spaces, Master w/ensuite & attached tasting room/reception desk - a rare LIVE-IN BUSINESS OPPORTUNITY!
How this price compares
This lot asks $38 per square foot of lot. That is 58% below the median of $90 across the 213 active lots VanPlex is showing in Langley, and puts it 61 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
- $7,888,800
- Lot size
- 207,781 sqft
- Lot dimensions
- 335.09 x 620.08
- Frontage
- 335.09 ft
- Bedrooms
- 4
- Bathrooms
- 4
- Year built
- 1979
- MLS® area
- Campbell Valley
- MLS® number
- R3085241
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Listing data via MLS®. Displayed for information only.