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!
| Structures | Land Only |
|---|
| 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 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 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
18840 River Rd Road has a sell-speed score of 44/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. The local market is currently a Buyer's Market with a sales-to-active ratio of 9.5% and an area average of 47 days on market — buyers have more leverage. With only 475 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V6V 1M1, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.
Annual avg PM2.5 4.4 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Burnaby South, Burnaby (~3.2 km). Annual avg AQHI 2.2 — Low Risk.
Richmond currently sees ~1 days above 30 °C per year (1981–2010 baseline), projected to rise to ~6 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~29.8 °C baseline, ~32 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.
Annual precipitation ~1117 mm (1981–2010 baseline), projected ~1159 mm by the 2050s. Extreme 1-day rainfall: ~39.9 mm baseline, ~44.4 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~25 days baseline, ~27 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Calculate your commute
18840 River Rd Rd, Richmond, BC is ideally located for commuters. The property is 3.5 km from Royal Oak, with a 65 min SkyTrain ride to Downtown Vancouver (Waterfront Station). The closest bus stop is Eastbound North Fraser Way @ Fraserton Court (0.74 km). Walk Score Transit rating: Some Transit (29/100).
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.
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