1496 240 STREET, Langley

$1,799,900

This 237,402 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.

BUILD YOUR DREAM HOME IN LANGLEY! Rare opportunity to create your vision on 5.45 acres of flat land in the highly desirable Otter District. Located in the ALR and zoned RU-2, offering agricultural and residential possibilities subject to applicable regulations. The property is being cleared, creating an ideal canvas for a custom home, hobby farm or agricultural plans. Enjoy the space and possibilities of acreage living in one of Langley’s sought-after rural communities. Buyer to verify permitted uses, city development and servicing requirements.

How this price compares

This lot asks $8 per square foot of lot. That is 91% below the median of $89 across the 215 active lots VanPlex is showing in Langley, and puts it 18 of 215 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
$1,799,900
Lot size
237,402 sqft
Lot dimensions
367 x (5.45AC)
Frontage
367 ft
Bedrooms
0
Bathrooms
0
Year built
1964
MLS® area
Otter District
MLS® number
R3166590

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Listing data via MLS®. Displayed for information only.