$1,000,000
Development Potential in Prime Walnut Grove Location@ Rare opportunity with the potential to stratify into 2 legal lots. Build 2 detached homes, each up to 3 levels with legal suites, plus the option of 2-level accessory buildings on each lot. With 33% coverage, this property offers excellent flexibility for builders, investors, or end-users looking to maximize value. Alternatively, design and build a custom single-family home with a shop on a spacious lot. Situated in a desirable, family-friendly neighbourhood close to schools, parks, shopping, and easy freeway access. A versatile property with strong upside-hold, develop, or build your dream project!
| Exterior Features | Private Yard |
|---|---|
| Structures | Land Only |
| Price | $800,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 10793 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 66 |
| MLS® # | R3104011 |
| Area | Langley |
| Neighbourhood | Walnut Grove |
| City | Langley |
| Postal Code | V1M 3E3 |
| Gross Taxes | $3,590.24 |
| Zoning | RU-1 |
Listed by: Century 21 Coastal Realty 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
20205 98a Avenue has a sell-speed score of 60/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. The local market is currently a Balanced Market with a sales-to-active ratio of 17.7% — conditions are balanced. With only 486 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V1M 3E3, 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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~6 km). Annual avg AQHI 1.8 — Low Risk.
Langley - District currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~9 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30.1 °C baseline, ~32.7 °C projected. Tropical nights (>18 °C): ~0 baseline, ~1 projected.
Annual precipitation ~1517 mm (1981–2010 baseline), projected ~1577 mm by the 2050s. Extreme 1-day rainfall: ~52.1 mm baseline, ~57.8 mm projected. Values vary modestly across the Lower Mainland.
Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.
5 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Dorothy Peacock Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
Distance1.64 KM
|
|
Gordon Greenwood Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.74 KM
|
|
West Langley Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.15 KM
|
|
Walnut Grove Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.45 KM
|
|
James Kennedy Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.72 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,073,000 | $0 | $1,073,000 |
+0.1%
|
| 2025 | $1,072,000 | $0 | $1,072,000 |
+2.8%
|
| 2024 | $1,043,000 | $0 | $1,043,000 | — |
Buy Vs Rent Calculator
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No active comparable properties are currently available for this property type in Langley. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (20.0% price reduction, 51.6% cheaper than comparables) based on its competitive pricing and market demand.
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