Home Langley, BC Murrayville 24065 Fraser Highway

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Exterior photo of 24065 Fraser Hwy, Langley, BC – MLS® R3143095

Exterior Rear Photo of 24065 Fraser Highway, Langley, BC

Great location, with a lot of potential uses for this property. RU-1 Zoning allows two homes right now; stratify and sell them separately, or use for extended family. This Acre is situated at the corner of Fraser Highway & 240th, with frontage on three roads. This property has approximately 500 feet of frontage on Fraser Highway and is ideally located along a growing, high-traffic corridor. The parcel is flat and usable. No creek, no easements and it is zoned RU-1. This property is NOT in the ALR. Close to many major routes. Great potential for use now, and even better for the future. A Great Investment Opportunity in a new Fraser Highway industrial/commercial city plan.

Exterior Features

Structures	Land Only

Building Details

Price	$2,499,000
Property Type	Land
Ownership Type	Freehold NonStrata
Utility Type	Sanitary Sewer Unknown, Storm Sewer At Lot Line, Electricity Available, Natural Gas Available, Phone Nearby, Cable Available
Water (WaterSource)	Well Drilled

Lot & Land

Lot Size	43500
Lot Size Depth	Feet
Lot Size Frontage	500.02
MLS^® #	R3143095
Area	Langley
Neighbourhood	Murrayville
City	Langley
Postal Code	V2Z 2L3
Gross Taxes	$4,464.36
Zoning	RU1

Property Timeline

Status	Date	Price
R3143095 / Active	07-07-2026	$2,499,000
to view full Property History (2 earlier records)

Listed by: RE/MAX Blueprint

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
North Otter Elementary School: Average 3.26 km 5.5/10

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

Private Schools

Elementary, Secondary
Fraser Valley Adventist Academy: Average 4.3 km 5.7/10
Elementary, Secondary
Fraser Valley Adventist Academy: Average 4.3 km 5.7/10

Closest Transit

Bus Stop
Eastbound Fraser Hwy @ 240 St: 0.06 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029): 8.23 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: 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

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Price competition grade

No comparable data

Balanced

Market conditions

Balanced market — steady conditions

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 8.23 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 MURRAYVILLE compares

This property

106 DOM

Listed

Murrayville avg

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Langley avg

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24065 Fraser Highway 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 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 may take several weeks to attract serious offers.

Climate Risk for V2Z 2L3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Z 2L3, 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. Nearest station: Langley Central, Langley (~2.5 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

Transit (1 nearby)

Bus stop eastbound fraser hwy @ 244 st · 791 m · Transit

Schools NearBy

3 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Vanguard	Public	Grades Served —	Catchment Info —	3.4 / 10	Distance 747 m
Peterson Road Elementary School	Public	Grades Served K-7	Catchment Info —	6.6 / 10	Distance 1.87 KM
D W Poppy Secondary School	Public	Grades Served 8-12	Catchment Info —	5.3 / 10	Distance 2.52 KM

Walkability & Transit Near 24065 Fraser Highway

Car-Dependent 24

Walk Score - Car-Dependent

Almost all errands require a car

Some Transit 36

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 50

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 24065 Fraser Highway

2026 assessed value, sourced from City of Langley open data (PID 000-752-339).

Total Assessed Value (2026)

$1,289,000

-3.3% YoY

-0.2%/yr over 2 yr

2024 Value Trend 2026

Land

$1,289,000

Buildings

Year Built

N/A

Class

001

Zoning

RU-1

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,289,000	$0	$1,289,000	-3.3%
2025	$1,333,000	$0	$1,333,000	+3.0%
2024	$1,294,000	$0	$1,294,000	—

Mortgage Calculator for 24065 Fraser Highway

/month

Principal & Interest

Property Taxes $372

Maintenance fee 0

With a 20% down payment, buyers can expect an estimated $9,916/month in total housing costs on this $2,499,000 property — $9,544 mortgage payment, $372 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.

Investment Cashflow Calculator

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

Based on $6,112/month estimated rent and $10,140/month in total housing costs, this property has a -$4,028/month cashflow. Break-even down payment: approximately 54%.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 24065 Fraser Highway, Langley

Buy Vs Rent Calculator

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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.