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$5,878,000

3163 256 Street

Otter District, Langley, BC, V4W 1Y4

6 | 4 | 12 | 5,296 sq.ft. | Year Built: 2017 |

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PRIVACY - DO NOT SOLICIT. Built by VERSA HOMES! Beautiful Spanish Villa located on fully useable 4.38 Acres. Over 5100 sq/ft of pure luxury and a separate 2800 sq/ft Guest house, Gym and office with garage. This Estate home is equipped with a gourmet kitchen, wine room, soaring ceilings, walk in pantry, 5 bedrooms, 4 bathrooms and a huge laundry room. Walk out the 24' sliding doors to a covered patio, an outdoor kitchen and fireplace. Enjoy the evenings with the family around the firepit or spend the day on the sport and playground. Don't miss this one!

Property Info

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MLS®: R3046206

Listing Courtesy of Royal LePage West Real Estate Services

Total Bedrooms 6

Total Bathrooms 4

Floor Space 5296 sq.ft.

Lot Size 4 sq.ft.

Title Type Freehold NonStrata

Style 1 1/2 Storey

Date Listed XXXX-XX-XX

Property Type House

Listed Price $5,878,000

Unit Pricing $1,110/sq.ft.

Strata Fee $0.00

Tax Estimate $6,184/Year

Year Built 2017

Interior Features

Rooms

Main Living Room 20'0 * 23'0

Main Dining Room 16'0 * 17'0

Main Kitchen 16'0 * 17'0

Main Pantry 10'0 * 6'0

Main Wine Room 9'0 * 6'0

Main Laundry 17'0 * 12'0

Main Office 14'0 * 10'0

Main Bedrooms 17'0 * 13'0

Main Foyer 9'0 * 10'0

Above Primary Bedroom 20'0 * 13'0

Above Walk-In Closet 11'0 * 11'0

Above Bedrooms 13'0 * 12'0

Above Bedrooms 13'0 * 15'0

Above Bedrooms 11'0 * 16'0

Above Study 8'0 * 8'0

More Details

Storey 2

Floor Space Finished 5296.00 sq.ft.

Roof XXXXXXX

Zoning RES

Floor Finish XXXXX

Exterior Finish XXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Double, Garage Triple, Open, Front Access, Concrete, Garage Door Opener

Parking Cover 5

Parking Total 12

Fuel Heating Forced Air

Water Supply XXXXXXXXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Rancher/Bungalow w/Loft
MLS Area Major: Langley
Street Name: 256
City: Langley
State Or Province: BC
Postal Code: V4W 1Y4
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2024

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 3
Bathrooms Half: 1

Interior Features

Fireplaces Total: 2
Flooring: Mixed
Basement: Crawl Space

Exterior Features

Exterior Features: Balcony, Private Yard
Roof: Asphalt

Property

Utilities

Sewer: Septic Tank
Water Source: Well Drilled

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 2017
Lot Size Square Feet: 190792
Building Area Total: 5296
Living Area: 5296

Lot Information

Lot Features: Cleared, Recreation Nearby
Parcel Number: 006632513

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City Introduction

Overview of Langley, BC, Canada

Population

Langley is an important city in the Greater Vancouver region of British Columbia, divided into the City of Langley and Langley Township. The City of Langley has a population of approximately 26,000, while Langley Township has around 130,000, totaling about 156,000 residents (2024 data). Langley is a multicultural city, with about 80% of residents being Caucasian, and significant South Asian and Chinese communities.

Economy

Key Industries: Agriculture, manufacturing, retail, and education. Langley is known for its fertile farmland and manufacturing base, making it a key agricultural and industrial hub in BC.
Commercial Centers: Langley's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Langley is home to several high-quality schools and training institutions, contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Langley boasts abundant natural landscapes, including Fort Langley and numerous community parks, ideal for outdoor activities.
Transportation: Langley is well-connected to downtown Vancouver via highways and bus systems, with a commute time of about 45 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Langley's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.2 million CAD and condos around $600,000 CAD (2024).

Opportunities:

Stable rental market: Langley's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Langley is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include Walnut Grove and Fort Langley, while properties near transportation hubs are attractive for investors.

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