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24320 116 AVENUE, Maple Ridge

$2,300,000

This 433,422 sqft property in Maple Ridge is a detached single-family home on a lot the new rules make suitable for a multiplex. Maple Ridge applies the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. The large lot sizes make the higher counts easier to lay out.

Discover the potential of this 10 acre private retreat, tucked away on a quiet no thru street. This spacious rancher offers 5 bed 4 bath living with a private walkout in-law suite with its own access, ideal for extended family or a mortgage helper. Features include fresh paint, a huge double garage, and a newly built covered deck for year round enjoyment. City water, brand new septic system, plus updated electrical and plumbing offer peace of mind. Exceptional access with 4 driveways and tons of parking for RVs, trailers, and toys. Peaceful setting with room for horses or a hobby farm, rare and full of opportunity!

How this price compares

This lot asks $5 per square foot of lot. That is 95% below the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 4 of 174 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
$2,300,000
Lot size
433,422 sqft
Lot dimensions
323 x 1341.9
Frontage
323 ft
Bedrooms
5
Bathrooms
4
Year built
1954
MLS® area
Cottonwood MR
MLS® number
R3127380

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Listing data via MLS®. Displayed for information only.