5981 248 St, Langley BC - Land for Sale - MLS# R3083396

$2,495,000
Est. Mortgage $11,038/mo
0 sqft
$2,495,000
Est. $11,038/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 5981 248 Street

IDEAL 2.99 ACRE ESTATE LOT WITH CITY WATER. A rare opportunity to secure a premium square, fully cleared and usable building lot in one of Langley’s most desirable locations — just 5 minutes from Highway 1. No creeks, easements, or rights of way. This property offers outstanding flexibility for a luxury farmhouse estate with coach house. Located next to Krause Berry Farms & Estate Winery and Otter Trail Winery, the setting delivers a true winery-adjacent lifestyle while remaining minutes to shopping, schools, and recreation. Situated on a highly sought-after location and offered for the first time in over 30 years, this is a rare chance to build your legacy estate in the Salmon River area of Langley.

Exterior Features

View Description Mountains, Farms
Structures Land Only

Building Details

Price $2,495,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 2.99
Lot Size Depth Feet
Lot Size Frontage 331.03
MLS® # R3083396
Area Langley
Neighbourhood Salmon River
City Langley
Postal Code V4W 1C3
Gross Taxes $6,418.8
Zoning SR-3

Property Timeline

Status Date Price
R3083396 / Active 02-02-2026 $2,495,000

Listed by: eXp Realty of Canada, Inc. & eXp Realty of Canada, Inc.

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
North Otter Elementary School
Average
1.21 km
5.5/10

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
3.56 km
Elementary, Secondary
Fraser Valley Adventist Academy
3.56 km

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 240 St
4.34 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
8.85 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
13.5%
No Certificate/Degree
Above Average
17.1%
Owner Occupied
Below Average
49.2%
Employment Rate
Below Average
52.7%

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 5981 248 Street

BC Assessment Value — 5981 248 Street

2026 assessed value, sourced from City of Langley open data (PID 007-265-727).
Total Assessed Value (2026)
$2,540,000
+3.4% YoY
-1.5%/yr over 2 yr
2024 Value Trend 2026
Land
$2,540,000
Buildings
$0
Year Built
N/A
Class
061
Zoning
SR-3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,540,000 $0 $2,540,000
+3.4%
2025 $2,457,000 $0 $2,457,000
-6.1%
2024 $2,618,000 $0 $2,618,000

Mortgage Calculator for 5981 248 Street

/month
Principal & Interest
Property Taxes $535
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($499,000), the estimated monthly payment for this listing is $10,064/month — $9,529 principal & interest, $535 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%
At an estimated rental income of $6,424/month, this property runs a $3,864/month shortfall after mortgage and carrying costs. Break-even requires approximately 53% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Salmon River, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $2,495,000
Langley Loading...
Salmon River Loading...

Based on 3 comparable active properties in Salmon River, the average asking price is $4,500,000. This listing is priced 44.6% below the neighbourhood average.

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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $15,371
0 of 17 missions

Sign up on Estateblock.com

$769 / 5%

Buy with us & save on this property

Similar Lands for Sale in Langley