5860 256 STREET, Langley
$1,899,000
This 353,707.2 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.
Fantastic Investment Spanning 8.12 acres, this Salmon River area property is a rare canvas. Features an existing home & a versatile detached workshop, the property provides immediate functionality alongside unlimited future potential for a custom family estate or boutique agribusiness. The property has a 3-bed, 1-bath home w/an unfinished basement, which can offer rental income while you design your dream estate, or bring some decorating ideas & move-in. Large detached workshop great for hobbyists, tradespeople, or those seeking dedicated farm equipment storage. Confirm with Langley City for guidelines that could allow for agricultural operations & more. Located within the highly desirable North Otter & D.W. Poppy School catchments & easy access to Hwy 1!
How this price compares
This lot asks $5 per square foot of lot. That is 94% below the median of $90 across the 211 active lots VanPlex is showing in Langley, and puts it 9 of 211 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
- $1,899,000
- Lot size
- 353,707.2 sqft
- Lot dimensions
- 0 x
- Frontage
- 0 ft
- Bedrooms
- 3
- Bathrooms
- 1
- Year built
- 1952
- MLS® area
- Salmon River
- MLS® number
- R3148221
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Listing data via MLS®. Displayed for information only.