22164 79 AVENUE, Langley

$4,400,000

This 412,077.6 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 9.46-acre University District acreage in Langley with massive future potential, located just one minute from Trinity Western University & minutes from growing Willoughby. Outstanding connectivity with direct access to Hwy 1, Glover Rd, & 216th St. Includes a liveable/rentable home on site with a detached shop. Currently in the ALR, the property features unique zoning aligned with the Rural Community Plan's vision for a dynamic community. This designation permits residential & commercial uses (subject to ALC approval) to serve the expanding academic and residential population. Hold or build a strategic legacy project with strong current usability and exceptional upside. Buyer to perform due diligence with municipality. Contact for info package. Do not walk property without appointment.

How this price compares

This lot asks $11 per square foot of lot. That is 88% below the median of $89 across the 209 active lots VanPlex is showing in Langley, and puts it 24 of 209 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
$4,400,000
Lot size
412,077.6 sqft
Lot dimensions
293.5 x irreg(9.46AC)
Frontage
962.91 ft
Bedrooms
3
Bathrooms
2
Year built
1928
MLS® area
Willoughby Heights
MLS® number
R3156871

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Listing data via MLS®. Displayed for information only.