4824 248 St, Langley BC - Single Family Residence for Sale - MLS# R3097476

175 days on the market
$2,895,000
Est. Mortgage $12,807/mo
Listing updated:
EstateBlock checked:
3 Beds
2 Baths
1617 sqft
1790 $ /sqft
1951 built
14.9% price reduction
175 days on the market
$2,895,000
$3,400,000
Est. $12,807/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 4824 248 Street

14.9% price reduction

This 20 acre property presents a great opportunity to create your multigenerational acreage dream in a fantastic location in Salmon River! The property features a solid original home ready for your ideas, along with a 1,500 SQ/FT outbuilding, small barn, 3 car detached carport, giving you a great starting point to renovate, expand, or build your long term estate vision. Approx. 1/2 the land is cleared with the remainder beautifully treed, providing the perfect mix of open space & natural forest for walking trails and exploration. Unbeatable setting under 5 mins to everything; schools, golf, wineries, shopping, & Fraser Hwy. Explore the potential to add a second, private driveway access at the end of the no thru street on 48 Ave. Great holding property across the street from 1 acre parcels.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Unfinished
Fireplace 1
Heating Type Electric, Forced Air, Natural Gas
# of Kitchens 1
Foundation Concrete Perimeter

Exterior Features

Roof Asphalt
Structures Residential Detached

Building Details

Price $2,895,000
Total Bedrooms 3
Total Bathrooms 2
Full Bathrooms 2
Half Bathrooms 0
Floor Area Total (sqft) 1617
Year Built 1951
Age Of Building 75
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow w/Bsmt.
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Shallow
Parking Type Detached, Garage Triple
Total Parking Spaces 6

Lot & Land

Lot Size 20
Lot Size Depth Feet
Lot Size Frontage 273
MLS® # R3097476
Area Langley
Neighbourhood Salmon River
City Langley
Postal Code V4W 1A5
Gross Taxes $6,634.24
Zoning RU-3

Property Timeline

Status Date Price
R3097476 / Active 03-15-2026 $2,895,000
Rooms
Floor Type Dimensions
Main Level Living Room 29'6 x 29'6 ft
Main Level Dining Room 13'9 x 13'9 ft
Main Level Kitchen 15'7 x 15'7 ft
Main Level Primary Bedroom 18'4 x 18'4 ft
Main Level Bedroom 13'0 x 13'0 ft
Main Level Bedroom 12'0 x 12'0 ft
Main Level Den 9'7 x 9'7 ft
Below Other 30'9 x 30'9 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #4
Main Level Yes #3

Listed by: B.C. Farm & Ranch Realty Corp.

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 1.14 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 2.47 km 5.7/10
Elementary, Secondary
Fraser Valley Adventist Academy
Average 2.47 km 5.7/10

Closest Transit

Bus Stop
Westbound Fraser Hwy @ 244 St
2.16 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
9.13 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 9.8%
No Certificate/Degree
Above Average 17.1%
Owner Occupied
Average 70.1%
Employment Rate
Average 62.4%

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

42 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-810,600
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.13 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 SALMON RIVER compares
This property
175 DOM
Listed
Salmon River avg
Langley avg

4824 248 Street has a sell-speed score of 42/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 128% above comparable active properties in Salmon River. 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 could take longer than the area average to sell.

Climate Risk for V4W 1A5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4W 1A5, 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 (~2.3 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 (1 nearby)

  • Jd farms specialty turkey · 711 m · Butcher

Cafes (1 nearby)

  • Jd farms · 701 m · Cafe

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

North Otter Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.5 / 10

Distance

1.14 KM

Coghlan Fundamental Elementary School

Public

Grades Served

K-7

Catchment Info

5.1 / 10

Distance

1.79 KM

D W Poppy Secondary School

Public

Grades Served

8-12

Catchment Info

5.3 / 10

Distance

2.25 KM

Vanguard

Public

Grades Served

Catchment Info

3.4 / 10

Distance

2.27 KM

Fraser Valley Adventist Academy

Independent

Grades Served

K-12

Catchment Info

6.7 / 10

Distance

2.47 KM

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.80 KM

Walkability & Transit Near 4824 248 Street

Walk Score Badge
Car-Dependent 16

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
27

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 4824 248 Street

2026 assessed value, sourced from City of Langley open data (PID 013-258-231).
Total Assessed Value (2026)
$2,462,600
-1.9% YoY
-0.6%/yr over 2 yr
2024 Value Trend 2026
Land
$2,371,000
Buildings
$91,600
Year Built
N/A
Class
060
Zoning
RU-3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,371,000 $91,600 $2,462,600
-1.9%
2025 $2,410,000 $101,000 $2,511,000
+0.8%
2024 $2,391,000 $101,000 $2,492,000

Mortgage Calculator for 4824 248 Street

/month
Principal & Interest
Property Taxes $553
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($579,000), the estimated monthly payment for this listing is $11,610/month — $11,057 principal & interest, $553 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
At an estimated rental income of $6,798/month, this property runs a $5,053/month shortfall after mortgage and carrying costs. Break-even requires approximately 57% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 4824 248 Street, 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 $2,895,000
Langley Loading...
Salmon River Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $1,269,967 across 2 active listings — this listing is 128% above the Langley average. This property is flagged as a Hot Deal (14.9% price reduction) based on its competitive pricing and market demand.

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 4824 248 Street

Walk Score Badge
Car-Dependent 16

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
27

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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