20308 27 Ave, Langley BC - Single Family Residence for Sale - MLS# R2919165

738 days on the market
$4,980,000
Est. Mortgage $22,031/mo
Listing updated:
EstateBlock checked:
3 Beds
3 Baths
3500 sqft
1423 $ /sqft
1976 built
37.8% price reduction
738 days on the market
$4,980,000
$8,000,000
Est. $22,031/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 20308 27 Avenue

37.8% price reduction

MAJOR DEVELOPMENT POTENTIAL. Unlock the potential of this exceptional FLAT 2.15-acre property in Brookswood's New Fernridge NCP. Positioned for significance growth under the BC Government's new SSMUH regulations, this parcel may allow for up to 4 units per 5000 sq ft lot, offering substantial development potential. New SSMUH regulations may enable higher-density development; buyer should confirm details. Services are already in place at the property's front, and a detention pond is established- a valuable feature that simplifies the development process. Additional Features: Includes a beautiful 3500 sq ft house, with no creeks or right-of-ways and minimal tree cover. Photos/video contains footage showcasing the property’s potential and does not reflect its current condition.

Interior Features

Basement Finished Area (sqft) 1400
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Heating Type Radiant
# of Kitchens 1
Flooring Hardwood, Mixed
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $4,980,000
Total Bedrooms 3
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 3500
Year Built 1976
Age Of Building 50
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Open
Total Parking Spaces 10

Lot & Land

Lot Size 2.15
Lot Size Depth Feet
Lot Size Frontage 314
MLS® # R2919165
Area Langley
Neighbourhood Brookswood Langley
City Langley
Postal Code V2Z 1X3
Gross Taxes $19,889.95
Zoning SR-2

Property Timeline

Status Date Price
R2919165 / Active 08-29-2024 $4,980,000
Rooms
Floor Type Dimensions
Main Level Other 13' x 13' ft
Main Level Dining Room 15' x 15' ft
Main Level Living Room 20' x 20' ft
Main Level Utility 7' x 7' ft
Main Level Kitchen 12' x 12' ft
Main Level Nook 8' x 8' ft
Above Level Primary Bedroom 17' x 17' ft
Above Level Loft 17' x 17' ft
Basement Level Games Room 17' x 17' ft
Basement Level Bedroom 13' x 13' ft
Basement Level Bedroom 7' x 7' ft
Basement Level Family Room 12' x 12' ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #4
Above Level No #3
Basement No #3

Listed by: Westmont Realty Inc.

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.

Map & Neighbourhood

Public Schools

Elementary
Glenwood Elementary School
Average 1.08 km 4.9/10

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Catherines School
Above Average 1.04 km 9.2/10
Elementary,Secondary
OneSchool Global Vancouver
3.9 km

Closest Transit

Bus Stop
Northbound 200 St @ 28 Ave
0.67 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
6.18 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Above Average

Demographics

Post-Secondary Education
Below Average 12.2%
No Certificate/Degree
Above Average 19.8%
Owner Occupied
Below Average 42.5%
Employment Rate
Below Average 47.1%

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

Sell Speed & Competition

60 / 100
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 6.18 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How BROOKSWOOD LANGLEY compares
This property
738 DOM
Listed
Brookswood Langley avg
Langley avg

20308 27 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.

Climate Risk for V2Z 1X3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 1X3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

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.

Air Quality A / Excellent

Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~9.5 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

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.

Precipitation Increasing

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.

Drought Stable

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.

Nearby Restaurants, Cafes & Shops

Groceries (1 nearby)

  • The artful dodger liquor store · 823 m · Beverages

Transit (1 nearby)

  • Bus stop northbound 200 st @ 30 ave · 993 m · Transit

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

St. Catherines School

Independent

Grades Served

K-7

Catchment Info

9.2 / 10

Distance

1.04 KM

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
4.9 / 10

Distance

1.08 KM

Noel Booth Elementary School

Public

Grades Served

K-7

Catchment Info

4.6 / 10

Distance

1.59 KM

Brookswood Secondary

Public

Grades Served

Catchment Info

6.1 / 10

Distance

2.24 KM

Langley Equestrian Academy

Public

Grades Served

7-12

Catchment Info

6.0 / 10

Distance

2.46 KM

Belmont Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.62 KM

Walkability & Transit Near 20308 27 Avenue

Walk Score Badge
Car-Dependent 8

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 21

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
34

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 20308 27 Avenue

2026 assessed value, sourced from City of Langley open data (PID 008-499-471).
Total Assessed Value (2026)
$4,063,000
-0.3% YoY
-3.9%/yr over 2 yr
2024 Value Trend 2026
Land
$3,762,000
Buildings
$301,000
Year Built
N/A
Class
060
Zoning
SR-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,762,000 $301,000 $4,063,000
-0.3%
2025 $3,762,000 $315,000 $4,077,000
-7.4%
2024 $4,084,000 $318,000 $4,402,000

Mortgage Calculator for 20308 27 Avenue

/month
Principal & Interest
Property Taxes $1,657
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($996,000), the estimated monthly payment for this listing is $20,677/month — $19,020 principal & interest, $1,657 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $11,207/month, this property runs a $9,802/month shortfall after mortgage and carrying costs. Break-even requires approximately 62% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 20308 27 Avenue, Langley

Buy Vs Rent Calculator

/ month
Rent
Own
Principal: Interest, tax, insurance, fees:

Rent vs own

Principal paid off by year 5
Principal paid off by year 10

Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.

Price vs Neighbourhood Average — Brookswood Langley, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $4,980,000
Langley Loading...
Brookswood Langley Loading...

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 (37.8% price reduction) based on its competitive pricing and market demand.

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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 20308 27 Avenue

Walk Score Badge
Car-Dependent 8

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 21

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
34

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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