19694 28 AVENUE, Langley

$15,400,000

This 239,580 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.

FUTURE EMPLOYMENT LAND! Prime 5.50-acre investment opportunity in Langley's Brookswood-Fernridge area, designated for future employment uses under the Brookswood-Fernridge OCP and Booth Neighbourhood Plan. Featuring approximately 377 feet of frontage on 28 Avenue and 626 feet of depth, this substantial parcel offers an opportunity for investors and developers to secure land in a strategically located employment growth area near Campbell Heights and the Surrey-Langley border. Existing improvements include a 1,647 sq. ft. rancher with 3 bedrooms and 1 bathroom. Explore the property's long-term potential, with future development subject to rezoning, servicing and Township of Langley approvals. Buyers to verify permitted uses, development requirements and all measurements.

How this price compares

This lot asks $64 per square foot of lot. That is 30% below the median of $92 across the 223 active lots VanPlex is showing in Langley, and puts it 88 of 223 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
$15,400,000
Lot size
239,580 sqft
Lot dimensions
377.3 x 626.67(5.50AC)
Frontage
377.3 ft
Bedrooms
3
Bathrooms
1
Year built
1963
MLS® area
Brookswood Langley
MLS® number
R3181669

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Listing data via MLS®. Displayed for information only.