38604 NO 5 ROAD, Abbotsford
$2,350,000
This 542,322 sqft property in Abbotsford is a detached single-family home on a lot the new rules make suitable for a multiplex. Under BC's Bill 44 small-scale housing rules, most single-family lots in Metro Vancouver now allow at least three to four homes, and lots near frequent transit can allow up to six. Confirm the exact number for this lot against the city's own zoning.
Private and quiet 12.45 acre property with panoramic valley views from one of the highest points in the valley. This 2,645 sq ft home offers 4 bedrooms, 3 bathrooms, municipal water, an updated kitchen, and a spacious living room with gas fireplace and large windows to take in the view. The basement has a separate entry and is ideal for in-law/suite potential, complete with a newly built full kitchen. Outside you will find a 20’ x 30’ shop with power, water available, 12 foot walls, and 9 foot and 8 foot doors. Ample well water for irrigation and quality soil suitable for a variety of crops. A rare opportunity offering privacy, views, usable land, and excellent rural lifestyle potential.
How this price compares
This lot asks $4 per square foot of lot. That is 96% below the median of $108 across the 159 active lots VanPlex is showing in Abbotsford, and puts it 9 of 159 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
- $2,350,000
- Lot size
- 542,322 sqft
- Lot dimensions
- 10.53 x (12.45AC)
- Frontage
- 10.53 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1972
- MLS® area
- Sumas Prairie
- MLS® number
- R3127676
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Listing data via MLS®. Displayed for information only.