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$3,999,900

^$200,000

3130 248 Street

Otter District, Langley, BC, V3A 1Z1

7 | 7 | 30 | 9,036 sq.ft. | Year Built: 1996 |

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3 HOMES & HUGE SHOPS. Multi generation Rare find on 4.49 private fully fenced/gated acreage. Main home is over 9000 sq ft with newer kitchen, flooring, counters throughout, 5 Bdrms on main with 4 newer bathrooms. Basement is easily suited with current day kitchen Bdrm and office. Entertainers dream with indoor pool room of 2500 sq ft soaring windows huge fitness area list is endless. Detached 2nd home is over 3000 sq ft 4 bdrm own garage. New Coach house is 1 Bdrm 1200 sq ft. Detached shop is 50'x50' with 14' door and attached workshop 40'x40' just off back of detached. Separate barn/studio is 3000sq ft 1500 sq ft footprint. Over 20,000 sq ft of buildings on this 2 driveway fully fenced gated property. Huge rental income definite must see, loads of parking, central location.

Property Info

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MLS®: R3062988

Listing Courtesy of RE/MAX 2000 Realty

Total Bedrooms 7

Total Bathrooms 7

Floor Space 9036 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 $3,999,900

Unit Pricing $443/sq.ft.

Strata Fee $0.00

Tax Estimate $11,665/Year

Year Built 1996

Interior Features

Rooms

Main Living Room 18'9 * 13'6

Main Dining Room 13'4 * 12'8

Main Kitchen 13'4 * 12'4

Main Eating Area 11'6 * 10'4

Main Family Room 16'4 * 14'8

Main Primary Bedroom 15'5 * 15'10

Main Walk-In Closet 10'8 * 4'4

Main Bedrooms 11'7 * 11'5

Main Bedrooms 11' * 7'6

Main Games Room 20'6 * 11'

Main Bedrooms 15'3 * 16'6

Main Foyer 6'9 * 6'7

Main Laundry 4' * 6'

Below Kitchen 13'6 * 13'2

Below Pantry 10' * 9'2

Below Bedrooms 10'11 * 13'3

Below Office 13'5 * 13'10

Below Living Room 17'11 * 13'2

Below Mud Room 10'8 * 5'10

Below Gym 14'4 * 9'9

Abv Main 2 Living Room 13' * 17'3

More Details

Storey 2

Floor Space Finished 9036.00 sq.ft.

Roof XXXXXXXXXXXXXXXXX

Zoning RU-3

Floor Finish XXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Detached, Garage Double, RV Access/Parking, Front Access

Parking Cover 20

Parking Total 30

Fuel Heating Baseboard, Hot Water, Radiant

Water Supply XXXXXXXXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: Carriage/Coach House
MLS Area Major: Langley
Street Name: 248
City: Langley
State Or Province: BC
Postal Code: V3A 1Z1
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 6
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Flooring: Hardwood, Tile
Basement: Full

Exterior Features

Exterior Features: Balcony, Private Yard
Roof: Concrete, Torch-On
Pool Features: Indoor

Property

Utilities

Sewer: Septic Tank
Water Source: Well Drilled

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1996
Lot Size Square Feet: 195584.4
Building Area Total: 9036
Living Area: 9036

Lot Information

Lot Features: Central Location, Near Golf Course, Private, Rural Setting
Parcel Number: 011987715

Sold History

School Catchments

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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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