21113 16 Ave, Langley BC - Single Family Residence for Sale - MLS# R3085241

216 days on the market
$7,888,800
Est. Mortgage $34,900/mo
Listing updated:
EstateBlock checked:
Festina Lente
4 Beds
4 Baths
4523 sqft
1744 $ /sqft
1979 built
216 days on the market
$7,888,800
Est. $34,900/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 21113 16 Avenue

Festina Lente Winery is a PROFITABLE, TURNKEY MEAD WINERY & EVENTS BUSINESS located in highly sought-after CAMPBELL VALLEY agri-tourism corridor. Est. in 2016, this mead wine producer operates in a resilient niche w/~84% GROSS MARGINS ON WINE & reduced exposure to grape shortages, climate volatility & traditional market saturation. Revenue diversified across HIGH-MARGIN WINE SALES, WEDDINGS, private events & tastings. Operation is fully staffed w/proven systems, disciplined growth & strong brand recognition. RECTANGULAR~5 ACRES w/ZONING FLEXIBILITY, parking & NOT IN A FLOOD PLAIN. NO EASEMENT or RIGHT OF WAYS. Property includes 4 BED/4 BATH ~4,500 SQ FT home w/large living spaces, Master w/ensuite & attached tasting room/reception desk - a rare LIVE-IN BUSINESS OPPORTUNITY!

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Storage
Fireplace 1
Heating Type Natural Gas
Laundry In Unit
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony, Private Yard
Roof Wood
Structures Residential Detached

Building Details

Price $7,888,800
Total Bedrooms 4
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 4523
Year Built 1979
Age Of Building 47
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Name Festina Lente
Ownership Type Freehold NonStrata
Community Features Shopping Nearby
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Garage Double, RV Access/Parking, Guest, Garage Door Opener
Total Parking Spaces 15
Rental Suites None

Lot & Land

Lot Size 4.77
Lot Size Depth Feet
Lot Size Frontage 335.09
MLS® # R3085241
Area Langley
Neighbourhood Campbell Valley
City Langley
Postal Code V2Z 1K3
Gross Taxes $1,746.31
Zoning RU-1

Property Timeline

Status Date Price
R3085241 / Active 02-02-2026 $7,888,800
Rooms
Floor Type Dimensions
Main Level Foyer 13'0 x 13'0 ft
Main Level Office 11'10 x 11'10 ft
Main Level Laundry 11'11 x 11'11 ft
Main Level Kitchen 14'9 x 14'9 ft
Main Level Living Room 17'3 x 17'3 ft
Main Level Storage 5'9 x 5'9 ft
Main Level Eating Area 10'10 x 10'10 ft
Above Level Family Room 23'5 x 23'5 ft
Above Level Primary Bedroom 13'4 x 13'4 ft
Above Level Bedroom 13'4 x 13'4 ft
Above Level Bedroom 11'4 x 11'4 ft
Above Level Bedroom 9'3 x 9'3 ft
Below Recreation Room 18'0 x 18'0 ft
Below Storage 11'11 x 11'11 ft
Below Storage 8'6 x 8'6 ft
Below Kitchen 14'5 x 14'5 ft
Main Level Wine Room 13'4 x 13'4 ft
Main Level Foyer 15'11 x 15'11 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level Yes #3
Above Level No #5
Below No #3

Listed by: eXp Realty of Canada 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 1.73 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 3.6 km 9.2/10
Elementary,Secondary
OneSchool Global Vancouver
5.55 km

Closest Transit

Bus Stop
Northbound 200 St @ 20 Ave
2.38 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
8.40 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 18.6%
No Certificate/Degree
Average 14.6%
Owner Occupied
Below Average 50%
Employment Rate
Average 55.9%

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

54 / 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 — 8.40 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 CAMPBELL VALLEY compares
This property
216 DOM
Listed
Campbell Valley avg
Langley avg

21113 16 Avenue has a sell-speed score of 54/100, 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 1K3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 1K3, 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Langley Central, Langley (~8.8 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 (2 nearby)

  • Festina lente estate winery and meadery · 43 m · Beverages
  • Township 7 vineyards & winery · 194 m · Beverages

Schools NearBy

1 School is within 3km

School Type Grades Served Catchment Info Rating Distance

Glenwood Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
4.9 / 10

Distance

1.73 KM

Walkability & Transit Near 21113 16 Avenue

Walk Score Badge
Car-Dependent 14

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

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 — 21113 16 Avenue

2026 assessed value, sourced from City of Langley open data (PID 006-877-486).
Total Assessed Value (2026)
$308,406
-10.1% YoY
-9.2%/yr over 2 yr
2024 Value Trend 2026
Land
$9,206
Buildings
$299,200
Year Built
N/A
Class
180
Zoning
RU-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $9,206 $299,200 $308,406
-10.1%
2025 $9,206 $334,000 $343,206
-8.3%
2024 $9,206 $364,900 $374,106

Mortgage Calculator for 21113 16 Avenue

/month
Principal & Interest
Property Taxes $146
Maintenance fee 0
A 20% down payment of $1,577,760 on this $7,888,800 listing yields an estimated mortgage of $30,130/month (30-year fixed, 4%). Total estimated housing cost: $30,276/month, $146 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
With $17,350/month in estimated rental income against $30,727/month in mortgage payments, the monthly cashflow is -$13,377/month. A 56% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 21113 16 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 — Campbell Valley, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $7,888,800
Langley Loading...
Campbell Valley 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.

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

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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 21113 16 Avenue

Walk Score Badge
Car-Dependent 14

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

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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