1173 248 Street, Langley, V4W 2B8 — photo 1

$4,100,000

1173 248 Street, Langley, V4W 2B8
Active
4 Bedrooms 4 Bathrooms 3,750 sqft Built 1980 Residential
1 Listing Signal Detected
Renovation RequiredNote

Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.

About This Property

NOT A DRIVE BY! RARE 18.25 ACRE PROPERTY IN SOUTH LANGLEY READY FOR MULTI FAMILY LIVING UNLIKE NO OTHER PROPERTY! This quiet, peaceful & private property has 3 road frontage & 248 ST features sprawling 3750 SQ/FT rancher with in-ground pool ready to brought back to former glory. The spacious home has open concept an entertainers dream, featuring 3 bedroom / 4 bathroom & 1 bedroom in law suite. 244 ST features 2390 SQ/FT 4 bedroom / 2 bathroom accommodation. An amazing multiple bay 2426 SQ/FT shop & attached 853 SQ/FT garage. Bonus 1264 SQ/FT above garage ready for your ideas. Amazing ponds, privacy, & true picturesque acreage. Property has great rental potential! 1173 244 ST. Accessed off 16 Ave to 242 St to 12 Ave. 1173 248 ST has easy access from 16 Ave, 8 Ave or 0 Ave. 1 OF A KIND!

Unauthorized SuiteViewFireplace

Property Details

MLS #

R3030665

Status

Active

Type

Residential

Sub-type

Single Family Residence

Style

Rancher/Bungalow

Ownership

Freehold NonStrata

Zoning

RU-2

Bedrooms

4

Full Baths

4

Half Baths

0

Kitchens

2

Fireplaces

3

Living Area

3,750 sqft

Main Floor

3,750 sqft

Basement

Yes

Lot Size

794,970 sqft

Lot Dimensions

300.19 x 2649.93

Frontage

300.19

Year Built

1980

Age

46 years

Roof

Asphalt

Construction

Frame Wood, Vinyl Siding

Structure

Residential Detached

Garage Spaces

6

Parking Type

Garage Double, Garage Single, Garage Triple

Original Price

$4,475,000

Taxes

$2,829.02/yr

Listed

2025-07-25

MLS Area

Otter District

City

Langley

Postal Code

V4W 2B8

Features & Finishes

Heating

Natural Gas

Flooring

Wall/Wall/Mixed

Appliances

Washer/Dryer · Dishwasher · Refrigerator · Stove

Fireplace

Electric · Gas · Wood Burning

Exterior Features

No Outdoor Area

Building & Community

View

Farmland & Mountains

Lot Features

Private

Water Source

Well Drilled

Sewer

Septic Tank

Utilities

Electricity Connected, Natural Gas Connected, Water Connected

Pool

Outdoor Pool

Disclosures

Property Disclosure

No

Coordinates: 49.022806, -122.537554 · Map data © Google

6.4

Fair Market

Deal Score out of 10

Priced at or near market value in current conditions.

Value vs market92% above market — check if justified
Days on market283 days — significantly stale, strong negotiation position
Price historyPrice dropped 8% from original ask — seller showing motivation
Market conditionsBuyer's market — avg 97% of ask
Draft CPS Offer

Offer Advisor

High confidence

Suggested Offer

$3,883,533

5.3% below asking price

Negotiation Range

$3,781,033$3,945,033

$164,000 spread

$3,781,033$4,100,000 ask

Based on 26 recent sales, a starting offer around $3,883,533 (5.3% below ask) is reasonable. Your negotiation range is $3,781,033 – $3,945,033.

What's factored in

Market baseline26 recent Langley sales closed at median 96.6% of list price
Price already reducedSeller dropped from 8% off original ask — indicates motivation
Extended market time283 days listed — well above market avg of 191 days, increased negotiation leverage

Based on 26 residential sales in Langley (last 60 days) · Updated May 4

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