23915 48th Ave, Langley BC - Single Family Residence for Sale - MLS# R3159336

2 days on the market
$1,698,000
Est. Mortgage $7,512/mo
Listing updated:
EstateBlock checked:
5 Beds
3 Baths
2747 sqft
618 $ /sqft
1972 built
NEW
2 days on the market
$1,698,000
Est. $7,512/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 23915 48th Avenue

An amazing opportunity to own this stunning .63 acre park inspired lot w/ 39x35 detached shop w/10' doors and this beautifully kept rancher w/daylight basement & a 1-2 bdrm unauthorized suite ideal for family. Beautifully updated Maple kitchen w/breakfast bar island, S/S appliances & an entertainment sized deck w/room for everyone. Three bdrms on the main, Primary suite w/ dble closets, 3pc ensuite & access to the private sundeck. Cozy lvrm, gas fireplace, adjoining dining area & french doors to deck, High Eff. furnace, 200 amp service & wired for back-up generator. Private landscaped lot offers tons of parking & is surrounded by mature trees. You can have it all: Privacy, room for extended family, great yard, a shop, a quiet neighborhood & Steps to both levels of schools!

Interior Features

Basement Finished Area (sqft) 1365
Basement Features Full
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
# of Kitchens 2
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,698,000
Total Bedrooms 5
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2747
Year Built 1972
Age Of Building 54
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Ownership Type Freehold NonStrata
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Detached, Open, Tandem, Rear Access, Side Access
Total Parking Spaces 10
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 27442
Lot Size Depth Feet
Lot Size Frontage 131.88
MLS® # R3159336
Area Langley
Neighbourhood Salmon River
City Langley
Postal Code V2Z 2T1
Gross Taxes $6,329.52
Zoning SR-1

Property Timeline

Status Date Price
R3159336 / Active 08-27-2026 $1,698,000
Rooms
Floor Type Dimensions
Main Level Flex Room 5'8 x 5'8 ft
Main Level Living Room 16'0 x 16'0 ft
Main Level Dining Room 10'8 x 10'8 ft
Main Level Kitchen 15'5 x 15'5 ft
Main Level Primary Bedroom 11'1 x 11'1 ft
Main Level Bedroom 10'8 x 10'8 ft
Main Level Bedroom 11'3 x 11'3 ft
Basement Level Flex Room 13' x 13' ft
Basement Level Bedroom 8'10 x 8'10 ft
Basement Level Kitchen 11' x 11' ft
Basement Level Living Room 21'4 x 21'4 ft
Basement Level Bedroom 12'2 x 12'2 ft
Basement Level Laundry 17'1 x 17'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #3
Basement No #3

Listed by: Royal LePage West Real Estate Services & Royal LePage West Real Estate Services

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

Private Schools

Elementary
Murrayville Academy
Average 4.03 km 6.4/10
Elementary, Secondary
Credo Christian Schools
Above Average 4.13 km 8.4/10

Closest Transit

Bus Stop
Eastbound Fraser Hwy @ 232 St
1.62 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
7.38 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 13.5%
No Certificate/Degree
Above Average 17.1%
Owner Occupied
Below Average 49.2%
Employment Rate
Below Average 52.7%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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

59 / 100
Overall sell-speed score
Moderate pace expected
B+
Price competition grade
Avg comparable: $1,837,236
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.38 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SALMON RIVER compares
This property
2 DOM
Listed
Salmon River avg
Langley avg

23915 48th Avenue has a sell-speed score of 59/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 8.2% below comparable active properties in Salmon River, 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 2T1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 2T1, 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 (~0.8 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

Schools NearBy

4 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

D W Poppy Secondary School

Public

Grades Served

8-12

Catchment Info

5.3 / 10

Distance

800 m

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

1.03 KM

North Otter Elementary School

Public

Grades Served

K-7

Catchment Info

5.5 / 10

Distance

2.15 KM

Vanguard

Public

Grades Served

Catchment Info

3.4 / 10

Distance

2.28 KM

Walkability & Transit Near 23915 48th Avenue

Walk Score Badge
Car-Dependent 13

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 16

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 23915 48th Avenue

2026 assessed value, sourced from City of Langley open data (PID 011-162-414).
Total Assessed Value (2026)
$1,750,000
+2.2% YoY
-1.9%/yr over 2 yr
2024 Value Trend 2026
Land
$1,515,000
Buildings
$235,000
Year Built
N/A
Class
032
Zoning
SR-1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,515,000 $235,000 $1,750,000
+2.2%
2025 $1,466,000 $247,000 $1,713,000
-5.9%
2024 $1,561,000 $259,000 $1,820,000

Mortgage Calculator for 23915 48th Avenue

/month
Principal & Interest
Property Taxes $527
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $7,012/month in total housing costs on this $1,698,000 property — $6,485 mortgage payment, $527 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 $5,460/month estimated rent and $7,188/month in total housing costs, this property has a -$1,728/month cashflow. Break-even down payment: approximately 42%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 23915 48th 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 — Salmon River, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $1,698,000
Langley Loading...
Salmon River Loading...

Based on 2 comparable active Single Family Residences in Salmon River, the average asking price is $1,850,000. This listing is priced 8.2% below the neighbourhood 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 23915 48th Avenue

Walk Score Badge
Car-Dependent 13

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 16

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
0

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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