4898 248 St, Langley, BC, MLS® R2972496

$5,150,000
Est. Mortgage /mo

6.4% price reduction

$5,150,000
$5,499,999
Est. Mortgage /mo
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
5 Beds
5 Baths
1 Stories
lot 902127 sqft
4432 sqft
1968 built
Show more info
Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

4898 248 St, Langley, BC | MLS® R2972496 Property Details

6.4% price reduction

Discover country living at its finest on this sprawling 20-acre estate in Langley's coveted Salmon River. Boasting 15 acres of untouched pasture, this property offers unparalleled potential for equestrian pursuits, hobby farming, or simply embracing vast open space. Beyond the fields, a spacious rancher-style home and additional income-generating structures complete this idyllic setting. Opportunity for privacy and agricultural dreams, minutes from urban amenities. Adding to its allure, a fantastic indoor riding arena currently generates $5,000 per month, providing an immediate and substantial income stream. This makes the property an exceptional investment for equestrian entrepreneurs or those seeking a multi-faceted farm. Also a potential $2200-$2800 rental income from the Mobile home.

General Info

Price $5,150,000
Total Bedrooms 5
Total Bathrooms 5
Half Bathrooms 0
Floor Area Total (sqft) 4432
Lot Size 20.71
Lot Size Depth Feet
Lot Size Frontage -
Basement Crawl Space
Basement Features BasementFeatures

Property Metrics

Year Built 1968
Age Of Building 57
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Range Top, Wine Cooler
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R2972496
Area Langley
Neighbourhood Salmon River
City Langley
Gross Taxes $4,873.24
Ownership Type Freehold NonStrata
Maintenance Fee -
Community Features Shopping Nearby

Heating & Cooling

Fireplace 4
Heating Type Forced Air, Natural Gas, Oil

Utilities

Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled

Parking

Parking Type Detached, RV Access/Parking, Asphalt, Gravel, Garage Door Opener
Total Parking Spaces 20

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Strata Restrictions -
Rental Restrictions -
Zoning RU-3
Rental Suites Other
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Tile
Foundation Concrete Perimeter, Slab
Locker -
View Description -
Units In Development -
Exterior Features Balcony, Private Yard
Sewer Septic Tank
Roof Wood

Property History

🔒 Join or Sign In • Real estate boards need a verified account to see Property data

Status Date Price
Show more

Listed by: Homelife Benchmark Realty Corp. & Homelife Benchmark Realty Corp.

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.

Neighborhood Info

Public Schools

Elementary
North Otter Elementary School
Average
0.98 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
2.5 km
Elementary, Secondary
Fraser Valley Adventist Academy
2.5 km

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 244 St
2.3 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
9.08 km

Noise/ Power Lines

Road/Hwy Noise
Possible
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

Welcome to 4898 248 Street, Langley, BC - A Charming Home for Sale

As we walk through the charming streets of Langley, you'll find that 4898 248 Street is a hidden gem in the heart of the community. Located in a sought-after neighborhood, this beautiful home, listed as MLS® R2972496, offers the perfect blend of comfort, convenience, and style.

Top-Rated Schools for Your Family

For families, education is a top priority, and we're pleased to report that North Otter Elementary School is just a short 0.98 km away from this home. With a rating of 5.5/10, this school is a great choice for families looking for a well-rounded education. Just down the road, you'll also find Fraser Valley Adventist Academy, an independent school with a No Rating, located 2.5 km from this home.

Safe and Secure Community

When it comes to safety, 4898 248 Street, Langley, BC, excels. According to the latest crime statistics from Statistics Canada (2020), this neighborhood has an Average crime rate compared to other Canadian cities. With a total of 10,154 disturbances and a rate of 7,580.38 incidents per 100,000 population, you can feel confident in the safety of this community. Additionally, the drug crime rate is Average, with a rating of 243.37 and 326 incidents in 2020.

Convenient Location

If you're looking for a home that's close to amenities, you'll love the location of 4898 248 Street. Just 2.3 km away, you'll find the Westbound Fraser Hwy @ 244 St bus station, making it easy to get around Langley without a car. Plus, with a range of lifestyle amenities nearby, including parks, beaches, and shopping malls, you'll have everything you need right at your doorstep.

Demographics and Lifestyle

Let's take a closer look at the demographics of this neighborhood. With 9.8% of residents holding a university certificate or degree, this area is a great choice for professionals and families. Plus, with a median household income of $97,178, which is High compared to the BC average, you can enjoy a comfortable lifestyle without breaking the bank. The average personal income is $36,096, which is Average, and 70.1% of households have a mortgage, which is High.

Unemployment and Growth

When it comes to unemployment, this area is a standout. With an unemployment rate of 3%, which is Low compared to other neighborhoods, you can feel confident in your job prospects. Plus, with a population growth rate of 4.7% between 2011 and 2016, which is Above Average, this area is a great choice for families and professionals looking to put down roots.

Transportation and Commuting

Getting around Langley is easy, thanks to the convenient location of 4898 248 Street. With 94% of residents using cars, you'll have plenty of options for commuting to work or school. Plus, with a range of public transportation options nearby, you can leave your car behind and enjoy a more sustainable commute.

Language and Culture

As you settle into this charming neighborhood, you'll appreciate the cultural diversity of the area. With 94.7% of residents speaking English only, which is Above Average, you'll feel at home in this community. Plus, with a range of language speakers nearby, you'll have plenty of opportunities to connect with others and engage with the local culture.

Real Estate Context

Finally, let's take a closer look at the real estate context of 4898 248 Street, Langley, BC. With an average dwelling value of $936,985, which is High compared to other areas in BC, you can enjoy a comfortable lifestyle without breaking the bank. Plus, with average owner payments of $1,696 and tenants paying $1,135, which is Above Average, you'll have plenty of options for financing your dream home.

In conclusion, 4898 248 Street, Langley, BC, is a charming home for sale that offers the perfect blend of comfort, convenience, and style. With top-rated schools, a safe and secure community, convenient location, and a range of lifestyle amenities nearby, this home is a great choice for families and professionals looking to put down roots in a thriving community.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $5,150,000
Langley $4,528,000
Salmon River No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $30,638
0 of 17 missions
(0.0% out of 100%)

Login to track your cashback progress

Sign up on Estateblock.com

$1,532 / 5%

Use the “Hot Deal” module on our website

$613 / 2%

Sign up for our Newsletter

$306 / 1%

Create a saved search on Estateblock.com

$613 / 2%

Book a Property Showing with us

$613 / 2%

Get a mortgage through our recommended broker

$2,145 / 7%

Use our recommended insurance provider

$613 / 2%

Use our recommended notary for closing

$613 / 2%

Sign an Exclusive Buyer’s Agency Agreement with us

$2,145 / 7%

Share Estateblock.com on social media with a short intro

$919 / 3%

Refer a friend who successfully buys or sells with us

$7,659 / 25%

Sell your home with us2

$7,659 / 25%

Leave a Public Review in Google

$2,145 / 7%

Follow us on Insta or FB and tag us in a post

$919 / 3%

Create a short video testimonial after closing

$919 / 3%

Leave a Facebook review on our page

$613 / 2%

Talk with one of our mortgage brokers

$613 / 2%

Book a tour

Please complete the form. We will the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent
Go See This Home Now