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24628 RIVER ROAD, Maple Ridge

$2,999,999

This 209,088 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.

An exceptional opportunity to acquire approximately 4.8 acres of private land with significant future development potential in a highly strategic location. Situated directly along Lougheed Highway, this expansive property is designated Industrial in the Official Community Plan (OCP), offering compelling long-term upside for investors or owner-users.The property features an approximately 2,300 sq. ft. original residence and is adjacent to Kwantlen First Nation lands, the setting offers both seclusion and accessibility. Currently zoned RS-3, the site presents excellent holding value with strong potential aligned with the industrial OCP designation. Ideal for those seeking a secure and private property suitable for storing commercial vehicles, trucks, RVs, tools, or business equipment.

How this price compares

This lot asks $14 per square foot of lot. That is 86% below the median of $106 across the 174 active lots VanPlex is showing in Maple Ridge, and puts it 21 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
$2,999,999
Lot size
209,088 sqft
Bedrooms
3
Bathrooms
1
Year built
1958
MLS® area
Albion
MLS® number
R3084291

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Listing data via MLS®. Displayed for information only.