42934 OLD ORCHARD ROAD, Chilliwack
$1,995,000
This 133,729.2 sqft property in Chilliwack 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.
Ultimate privacy on this breathtaking 3 acre executive view property overlooking the Fraser River and Valley. Incredible multifamily or income potential with a four bedroom main home, one bedroom basement suite, +2 self contained guest suites above the shop. The 3343 sq. ft. main residence offers large view windows, expansive decks, and a flexible layout designed to capture the panoramic scenery. A massive 26 x 43 dream shop with gas heat, engineered overhead hoist, antique feature wall, epoxy floors, separate 200 amp service, etc. etc. Also two separate gated entrances to the property, over 1200 sq. ft. of balconies overlooking the Fraser River, extensive landscaping, backyard spa, a rare opportunity offering privacy, versatility, and unforgettable views.
How this price compares
This lot asks $15 per square foot of lot. That is 83% below the median of $90 across the 178 active lots VanPlex is showing in Chilliwack, and puts it 10 of 178 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
- $1,995,000
- Lot size
- 133,729.2 sqft
- Lot dimensions
- 297 x
- Frontage
- 297 ft
- Bedrooms
- 7
- Bathrooms
- 7
- Year built
- 1976
- MLS® area
- Chilliwack Mountain
- MLS® number
- R3124877
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Listing data via MLS®. Displayed for information only.