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4514 248 STREET, Langley

$2,899,000

This 445,618.8 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.

Rare opportunity to own a stunning 10-acre estate in sought-after Salmon River with 2 legal residences! Lovingly maintained by the same family for over 50 years, this unique property features a 4,784 sq.ft. 6-bed, 4-bath main home with vaulted ceilings, abundant natural light, an excellent floor plan, and a primary bedroom on the main floor. Enjoy summer by the heated in-ground pool or stroll through your own private park-like setting with a salmon spawning stream. A fully permitted 1,820 sq.ft. secondary home is tucked at the rear of the property, ideal for extended family or mortgage helper potential. Gated and private, with a 3-stall barn, pasture, and endless possibilities for hobby farming, equestrian use, or multigenerational living. A truly special acreage.

How this price compares

This lot asks $7 per square foot of lot. That is 93% below the median of $90 across the 213 active lots VanPlex is showing in Langley, and puts it 13 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
$2,899,000
Lot size
445,618.8 sqft
Lot dimensions
349.13 x
Frontage
349.13 ft
Bedrooms
6
Bathrooms
4
Year built
1957
MLS® area
Salmon River
MLS® number
R3139879

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Listing data via MLS®. Displayed for information only.