23740 Fraser Hwy, Langley BC - Single Family Residence for Sale - MLS# R3128215

79 days on the market
$1,160,000
Est. Mortgage $5,132/mo
Listing updated:
EstateBlock checked:
4 Beds
2 Baths
1764 sqft
658 $ /sqft
1975 built
79 days on the market
$1,160,000
$1,199,000
Est. $5,132/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 23740 Fraser Highway

ATTENTION DEVELOPERS & INVESTORS! Exceptional opportunity in sought-after Campbell Valley with future upside and potential to build two homes (buyer to verify with the City). Situated on a private 13,068 SQFT lot set back from Fraser Hwy with access from a parallel road.This beautifully updated 4 bedroom rancher offers an open and functional layout with bright living and dining areas, two stone fireplaces, and French doors leading to a covered patio—perfect for entertaining. Includes a 1-bedroom suite with a separate entrance, ideal as a mortgage helper or for extended family. Enjoy a private, fully fenced South-facing backyard.Future mixed commercial/residential potential (buyer to verify with City of Langley). Conveniently located near major routes, shopping, recreation, and schools.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $1,160,000
Total Bedrooms 4
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1764
Year Built 1975
Age Of Building 51
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Public Sewer, Septic Tank
Water (WaterSource) Well Drilled
Parking Type Garage Single
Total Parking Spaces 8
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 13068
Lot Size Depth Feet
Lot Size Frontage 100
MLS® # R3128215
Area Langley
Neighbourhood Campbell Valley
City Langley
Postal Code V2Z 2K8
Gross Taxes $4,367.22
Zoning RES

Property Timeline

Status Date Price
R3128215 / Active 05-28-2026 $1,160,000
to view full Property History (3 earlier records)
Rooms
Floor Type Dimensions
Main Level Kitchen 14'8 x 14'8 ft
Main Level Living Room 15'8 x 15'8 ft
Main Level Dining Room 10' x 10' ft
Main Level Primary Bedroom 18'4 x 18'4 ft
Main Level Bedroom 11'9 x 11'9 ft
Main Level Bedroom 11'7 x 11'7 ft
Main Level Bedroom 10'2 x 10'2 ft
Main Level Laundry 6' x 6' ft
Main Level Kitchen 14' x 14' ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level No #4

Listed by: eXp Realty of Canada, Inc. & eXp Realty of Canada, Inc. & 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
Wix-Brown Elementary School
Average 3.44 km 4.4/10

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

Private Schools

Elementary
Murrayville Academy
Average 3.95 km 6.4/10
Elementary, Secondary
Credo Christian Schools
Above Average 4.31 km 8.4/10

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 240 St
0.48 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
7.57 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 10.5%
No Certificate/Degree
Above Average 20%
Owner Occupied
Below Average 55.3%
Employment Rate
Below Average 49.2%

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

58 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $1,237,720
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.57 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
79 DOM
Listed
Campbell Valley avg
Langley avg

23740 Fraser Highway has a sell-speed score of 58/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 6.7% below comparable active properties in Campbell Valley, which is a strong competitive signal. 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 2K8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 2K8, 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 (~2.1 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

Transit (1 nearby)

  • Bus stop eastbound fraser hwy @ 240 st · 627 m · Transit

Schools NearBy

3 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

1.31 KM

Vanguard

Public

Grades Served

Catchment Info

3.4 / 10

Distance

1.41 KM

D W Poppy Secondary School

Public

Grades Served

8-12

Catchment Info

5.3 / 10

Distance

2.21 KM

Walkability & Transit Near 23740 Fraser Highway

Walk Score Badge
Car-Dependent 18

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 23740 Fraser Highway

2026 assessed value, sourced from City of Langley open data (PID 007-693-443).
Total Assessed Value (2026)
$1,289,000
-1.2% YoY
+0.3%/yr over 2 yr
2024 Value Trend 2026
Land
$1,115,000
Buildings
$174,000
Year Built
N/A
Class
000
Zoning
RU-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,115,000 $174,000 $1,289,000
-1.2%
2025 $1,111,000 $193,000 $1,304,000
+1.7%
2024 $1,094,000 $188,000 $1,282,000

Mortgage Calculator for 23740 Fraser Highway

/month
Principal & Interest
Property Taxes $364
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $4,794/month in total housing costs on this $1,160,000 property — $4,430 mortgage payment, $364 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
Based on $4,545/month estimated rent and $4,942/month in total housing costs, this property has a -$397/month cashflow. Break-even down payment: approximately 28%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 23740 Fraser Highway, 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 $1,160,000
Langley Loading...
Campbell Valley Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $1,289,599 across 9 active listings — this listing is 10% below the Langley average.

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 23740 Fraser Highway

Walk Score Badge
Car-Dependent 18

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
53

Bike Score - Bikeable

Some bike infrastructure

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