23038 FRASER HIGHWAY, Langley
$2,799,900
This 50,719.55 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.
Prime 1.17-acre RU-1 zoned property along high-visibility Fraser Hwy, outside the ALR and connected to city sewer. A rare, versatile opportunity with potential for daycare, nursery, veterinary clinic and other permitted uses. Improvements include a 52’x40’ insulated workshop with 70-amp service and two 14’ overhead doors, plus a 30’x23’ workshop with bathroom. Surrounded by residential, commercial and light industrial properties, offering excellent exposure and long-term potential. The charming main residence adds flexibility for office use, staff accommodation or rental income. An exceptional investment opportunity in a strategic location!
How this price compares
This lot asks $55 per square foot of lot. That is 38% below the median of $89 across the 209 active lots VanPlex is showing in Langley, and puts it 80 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
- $2,799,900
- Lot size
- 50,719.55 sqft
- Lot dimensions
- 97.48 x 589.89
- Frontage
- 97.48 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1946
- MLS® area
- Campbell Valley
- MLS® number
- R3157485
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Listing data via MLS®. Displayed for information only.