3091 248 St, Langley BC - Land for Sale - MLS# R2990227

$3,999,000
Est. Mortgage $17,692/mo
0 sqft
9.1% price reduction
$3,999,000
$4,399,900
Est. $17,692/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 3091 248 Street

9.1% price reduction

Once in a lifetime opportunity to own this absolutely gorgeous 29 Acre property with 2 road frontages. This exceptional property is the perfect location for your dream country estate or for various types of farming. Easy access to Highway #1 and could be used as hobby farm or to grow various types of crops, fruits and vegetables. This is a rare opportunity and a great location to build your dream home! Call now for more info

Exterior Features

View Description Pastoral
Structures Land Only

Building Details

Price $3,999,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 29
Lot Size Depth Feet
MLS® # R2990227
Area Langley
Neighbourhood Otter District
City Langley
Postal Code V4W 1X3
Gross Taxes $1,294.79
Zoning RU-3

Property Timeline

Status Date Price
R2990227 / Active 04-14-2025 $3,999,000

Listed by: Sutton Group-West Coast Realty (Surrey/24) & Sutton Group-West Coast Realty (Surrey/24)

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
1.74 km

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
4.61 km
Elementary, Secondary
Fraser Valley Adventist Academy
4.61 km

Closest Transit

Bus Stop
Eastbound Fraser Hwy @ 248 St
1.44 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
10.03 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

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 3091 248 Street

BC Assessment Value — 3091 248 Street

2026 assessed value, sourced from City of Langley open data (PID 010-749-691).
Total Assessed Value (2026)
$163,854
-2.7% YoY
-0.8%/yr over 2 yr
2024 Value Trend 2026
Land
$140,354
Buildings
$23,500
Year Built
N/A
Class
110
Zoning
RU-3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $140,354 $23,500 $163,854
-2.7%
2025 $142,954 $25,400 $168,354
+1.0%
2024 $140,654 $26,000 $166,654

Mortgage Calculator for 3091 248 Street

/month
Principal & Interest
Property Taxes $108
Maintenance fee 0
Financing 80% of the $3,999,000 asking price over 30 years at 4% results in approximately $15,381/month in total estimated carrying costs, $108 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 $9,473/month in rental income, leaving a -$6,199/month cashflow at current carrying costs. Investors targeting break-even would need roughly 53% 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 $3,999,000
Langley Loading...
Otter District Loading...

Based on 2 comparable active properties in Otter District, the average asking price is $2,488,000. This listing is priced 60.7% above the neighbourhood average. This property is flagged as a Hot Deal (9.1% 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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