1173 248 St, Langley BC - Single Family Residence for Sale - MLS# R3030665

$4,100,000
Est. Mortgage $18,138/mo
4 Beds
4 Baths
3750 sqft
1093 $ /sqft
1980 built
8.4% price reduction
$4,100,000
$4,475,000
Est. $18,138/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 1173 248 Street

8.4% price reduction

NOT A DRIVE BY! RARE 18.25 ACRE PROPERTY IN SOUTH LANGLEY READY FOR MULTI FAMILY LIVING UNLIKE NO OTHER PROPERTY! This quiet, peaceful & private property has 3 road frontage & 248 ST features sprawling 3750 SQ/FT rancher with in-ground pool ready to brought back to former glory. The spacious home has open concept an entertainers dream, featuring 3 bedroom / 4 bathroom & 1 bedroom in law suite. 244 ST features 2390 SQ/FT 4 bedroom / 2 bathroom accommodation. An amazing multiple bay 2426 SQ/FT shop & attached 853 SQ/FT garage. Bonus 1264 SQ/FT above garage ready for your ideas. Amazing ponds, privacy, & true picturesque acreage. Property has great rental potential! 1173 244 ST. Accessed off 16 Ave to 242 St to 12 Ave. 1173 248 ST has easy access from 16 Ave, 8 Ave or 0 Ave. 1 OF A KIND!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Partial, Exterior Entry, Unfinished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 3
Heating Type Natural Gas
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features No Outdoor Area
View Description Farmland & Mountains
Roof Asphalt
Structures Residential Detached

Building Details

Price $4,100,000
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 4
Half Bathrooms 0
Floor Area Total (sqft) 3750
Year Built 1980
Age Of Building 46
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Garage Double, Garage Single, Garage Triple
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 18.25
Lot Size Depth Feet
Lot Size Frontage 300.19
MLS® # R3030665
Area Langley
Neighbourhood Otter District
City Langley
Postal Code V4W 2B8
Gross Taxes $2,829.02
Zoning RU-2

Property Timeline

Status Date Price
R3030665 / Active 07-25-2025 $4,100,000
Rooms
Floor Type Dimensions
Main Level Foyer 11' x 11' ft
Main Level Living Room 28'7 x 28'7 ft
Main Level Dining Room 18'3 x 18'3 ft
Main Level Kitchen 18'5 x 18'5 ft
Main Level Family Room 31'3 x 31'3 ft
Main Level Bedroom 11'10 x 11'10 ft
Main Level Bedroom 12'4 x 12'4 ft
Main Level Primary Bedroom 12'5 x 12'5 ft
Main Level Foyer 7'8 x 7'8 ft
Main Level Laundry 9'8 x 9'8 ft
Main Level Kitchen 14'3 x 14'3 ft
Main Level Foyer 12'2 x 12'2 ft
Main Level Living Room 14'7 x 14'7 ft
Main Level Bedroom 14'7 x 14'7 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #3
Main Level No #4
Main Level No #3

Listed by: B.C. Farm & Ranch Realty Corp. & RE/MAX Treeland Realty & RE/MAX Treeland Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Map & Neighbourhood

Public Schools

Elementary
Wix-Brown Elementary School
Average
3.03 km
4.3/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary, Secondary
Fraser Valley Adventist Academy
7.76 km
Elementary, Secondary
Fraser Valley Adventist Academy
7.76 km

Closest Transit

Bus Stop
Eastbound Fraser Hwy @ 256 St
4.89 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
12.85 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average
10.5%
No Certificate/Degree
Above Average
20%
Owner Occupied
Below Average
55.3%
Employment Rate
Below Average
49.2%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Market Performance

Real Estate Stats for December 2025 in Langley

FVREB Report city Level
Detached Benchmark

$1,514K

5.91% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 1173 248 Street

BC Assessment Value — 1173 248 Street

2026 assessed value, sourced from City of Langley open data (PID 009-353-003).
Total Assessed Value (2026)
$780,187
-1.5% YoY
-0.3%/yr over 2 yr
2024 Value Trend 2026
Land
$26,187
Buildings
$754,000
Year Built
N/A
Class
110
Zoning
RU-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $26,187 $754,000 $780,187
-1.5%
2025 $26,187 $766,000 $792,187
+1.0%
2024 $26,187 $758,000 $784,187

Mortgage Calculator for 1173 248 Street

/month
Principal & Interest
Property Taxes $236
Maintenance fee 0
Financing 80% of the $4,100,000 asking price over 30 years at 4% results in approximately $15,895/month in total estimated carrying costs, $236 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
This listing generates an estimated $10,912/month in rental income, leaving a -$5,256/month cashflow at current carrying costs. Investors targeting break-even would need roughly 47% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Otter District, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $4,100,000
Langley Loading...
Otter District Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $3,532,667 across 4 active listings — this listing is 16.1% above the Langley average. This property is flagged as a Hot Deal (8.4% price reduction) based on its competitive pricing and market demand.

Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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