488 240 St, Langley BC - Single Family Residence for Sale - MLS# R3077801

$2,049,000
Est. Mortgage $9,065/mo
2 Beds
2 Baths
101 sqft
20287 $ /sqft
13.9% price reduction
$2,049,000
$2,379,000
Est. $9,065/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 488 240 Street

13.9% price reduction

9.75 acres of multi use and fully accessible acreage. Extensive upgrades to infrastructure. All season road 1300 feet to back of property. Drilled well with 2 shallow wells. Original farmhouse waiting reno. 3.5 acres high ground suitable for all crops 3.5 acres grazing ground 2.5 acres building site/forest/pond A great start to amazing lifestyle living. All the infrastructure in place in order to build a dream property family compound. Amazing opportunity. 10 acres for the price of 5.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 0
Heating Type Baseboard, Electric, Forced Air
# of Kitchens 1
Flooring Laminate
Foundation Block, Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
View Description property vista
Roof Asphalt
Structures Residential Detached, Manufactured House

Building Details

Price $2,049,000
Total Bedrooms 2
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 101
Age Of Building 999
Building Type Single Family Residence
Property Type Residential
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled, Well Shallow
Parking Type Open, Gravel
Total Parking Spaces 99
Rental Suites None

Lot & Land

Lot Size 9.75
Lot Size Depth Feet
Lot Size Frontage 300
MLS® # R3077801
Area Langley
Neighbourhood Campbell Valley
City Langley
Postal Code V2Z 2X6
Gross Taxes $4,428
Zoning RU2

Property Timeline

Status Date Price
R3077801 / Active 01-08-2026 $2,049,000
Rooms
Floor Type Dimensions
Main Level Family Room 14' x 14' ft
Main Level Kitchen 14' x 14' ft
Main Level Living Room 14' x 14' ft
Main Level Great Room 12' x 12' ft
Main Level Bedroom 12' x 12' ft
Main Level Primary Bedroom 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Main Level No #4

Listed by: Sutton Group-West Coast Realty (Surrey/120)

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
3.94 km

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

Private Schools

Elementary, Secondary
Langley Christian Middle High School
8.97 km
Elementary, Secondary
Langley Christian Middle High School
8.97 km

Closest Transit

Bus Stop
Eastbound Fraser Hwy @ 248 St
6.78 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
12.93 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 488 240 Street

BC Assessment Value — 488 240 Street

2026 assessed value, sourced from City of Langley open data (PID 006-534-392).
Total Assessed Value (2026)
$1,568,500
-4.1% YoY
-0.6%/yr over 2 yr
2024 Value Trend 2026
Land
$1,474,000
Buildings
$94,500
Year Built
N/A
Class
060
Zoning
RU-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,474,000 $94,500 $1,568,500
-4.1%
2025 $1,525,000 $110,000 $1,635,000
+2.9%
2024 $1,480,000 $109,000 $1,589,000

Mortgage Calculator for 488 240 Street

/month
Principal & Interest
Property Taxes $369
Maintenance fee 0
Financing 80% of the $2,049,000 asking price over 30 years at 4% results in approximately $8,195/month in total estimated carrying costs, $369 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 $5,276/month in rental income, leaving a -$3,103/month cashflow at current carrying costs. Investors targeting break-even would need roughly 52% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Campbell Valley, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $2,049,000
Langley Loading...
Campbell Valley Loading...

No active comparable properties are currently available for this property type in Langley. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (13.9% 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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