18840 River Rd Rd, Richmond BC - Land for Sale - MLS# R3071468

$2,300,000
Est. Mortgage $10,175/mo
0 sqft
$2,300,000
Est. $10,175/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

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Property Details for 18840 River Rd Road

DEVELOPMENT PERMIT APPROVED - Discover endless possibilities on this 4.29-acre elevated parcel, raised 8–10 feet above neighbouring properties. Perfectly positioned across from the Fraser River, this rare offering is rich with potential. With plans already drawn for a large home, storefront, sizable barn, and lavender farm—offering a clear path forward while still allowing the new owner the flexibility to customize or bring their own vision to life. ASSESSED JUST UNDER $3,000,000 Don’t miss this incredible opportunity!

Exterior Features

Structures Land Only

Building Details

Price $2,300,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Not Available, Natural Gas Not Available, Phone Not Available, Cable Not Available
Water (WaterSource) None

Lot & Land

Lot Size 4.29
Lot Size Depth Feet
MLS® # R3071468
Area Richmond
Neighbourhood East Richmond
City Richmond
Postal Code V6V 1M1
Gross Taxes $7,630.5
Zoning AG1

Property Timeline

Status Date Price
R3071468 / Active 12-02-2025 $2,300,000
R2879173 / Sold 01-15-2025 $2,700,000

Listed by: Babych Group Realty Vancouver Ltd.

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
Kingswood Elementary School
Average
7.96 km
6.8/10
Secondary
Cambie Secondary School
5.01 km
Elementary
Kingswood Elementary School
7.96 km

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

Private Schools

Elementary
Fawkes Academy
3.75 km
Secondary
Glen Eden School
4.8 km

Closest Transit

Bus Stop
Eastbound North Fraser Way @ Fraserton Court
0.74 km
Skytrain
Skytrain @ Royal Oak Stn
3.49 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Low
Property Crime Rate
Average

Demographics

Post-Secondary Education
Below Average
24.9%
No Certificate/Degree
Above Average
15.5%
Owner Occupied
Below Average
51.2%
Employment Rate
Above Average
67.2%

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)
Possible
Flood Area
Unlikely
Close to Cemeteries
Unlikely
Market Performance

Real Estate Stats for June 2026 in Richmond

REBGV Report city Level
Detached Benchmark

$2,037K

5% Year-over-Year

Sales (Mo.)

45

-18.2%
Active Inventory

475

+10%
Market Climate Buyer's Market

Average Days on Market (DOM) is 47 days.

Buyer's (< 12%) Balanced (12-20%) Seller's (> 20%)

Sales-to-Active Ratio: 9.5%

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 18840 River Rd Road

Mortgage Calculator for 18840 River Rd Road

/month
Principal & Interest
Property Taxes $636
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $9,420/month in total housing costs on this $2,300,000 property — $8,784 mortgage payment, $636 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%
Based on $5,865/month estimated rent and $9,627/month in total housing costs, this property has a -$3,762/month cashflow. Break-even down payment: approximately 55%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — East Richmond, Richmond

Beds Home Types Square Feet Lot Size Year Built
This Home $2,300,000
Richmond Loading...
East Richmond Loading...

Based on 9 comparable active properties in East Richmond, the average asking price is $4,084,000. This listing is priced 43.7% 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

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