For more information click the brochure button. Exceptional 0.4-acre property with approximately 285 feet of Fraser Highway frontage, ideally situated within the approved Fraser Highway Employment Lands. A rare opportunity offering outstanding exposure and strong potential for future redevelopment, land assembly, or long-term holding. Currently zoned RU1, permitting residential buildings and accessory structures. The unique lot configuration allows for minimal setbacks (32' front, 10' sides), maximizing the buildable area with a potential footprint of up to 5,775 sq. ft., or approximately 11,550 sq. ft. over two storeys.
| Structures | Land Only |
|---|
| Price | $2,100,000 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer Nearby, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas Nearby, Phone Nearby, Cable Available |
| Water (WaterSource) | Well Drilled |
| Parking Type | Front Access |
| Lot Size | 17500 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 290 |
| MLS® # | R3135618 |
| Area | Langley |
| Neighbourhood | Murrayville |
| City | Langley |
| Postal Code | V2Z 2K7 |
| Gross Taxes | $2,145 |
| Zoning | RU1 |
Listed by: Easy List Realty
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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
23250 Fraser Highway has a sell-speed score of 36/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 117.2% above comparable active properties in Murrayville. The local market is currently a Balanced Market with a sales-to-active ratio of 16.2% — conditions are balanced. With only 425 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 V2Z 2K7, 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 4.1 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Langley Central, Langley (~1.8 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.
4 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Peterson Road Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance689 m
|
|
D W Poppy Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
Distance1.92 KM
|
|
Vanguard |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.53 KM
|
|
Murrayville Academy |
Independent |
Grades Served—
|
Catchment Info—
|
Distance2.85 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $595,000 | $0 | $595,000 |
-3.3%
|
| 2025 | $615,000 | $0 | $615,000 |
+3.0%
|
| 2024 | $597,000 | $0 | $597,000 | — |
Buy Vs Rent Calculator
Rent vs own
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Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar properties average $966,633 across 2 active listings — this listing is 117.2% above the Langley average.
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