23179 16 AVENUE, Langley

$2,499,999

This 117,176.4 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 opportunity to own 2.69 acres in desirable Campbell Valley, offering privacy, space, and excellent long-term investment or redevelopment potential. Buyers to verify zoning, subdivision, development options, and permitted uses with the City/Municipality. The 6-bedroom rancher features a gas fireplace, spacious great room, large kitchen, air conditioning, natural gas BBQ hookup, new entrance flooring, fresh paint, and LED lighting. Outdoors, enjoy a 20' x 25' detached workshop, gazebo, expansive yard, cleared acreage, mature fruit and nut trees, and chicken coop. Conveniently located near schools and amenities.

How this price compares

This lot asks $21 per square foot of lot. That is 76% below the median of $89 across the 215 active lots VanPlex is showing in Langley, and puts it 45 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
$2,499,999
Lot size
117,176.4 sqft
Lot dimensions
256.9 x 401
Frontage
256.9 ft
Bedrooms
6
Bathrooms
2
Year built
1973
MLS® area
Campbell Valley
MLS® number
R3162017

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Listing data via MLS®. Displayed for information only.