5986 232 St, Langley BC - Land for Sale - MLS# R3155362

7 days on the market
$4,950,000
Est. Mortgage $21,899/mo
Listing updated:
EstateBlock checked:
Tall Timbers
0 sqft
NEW
7 days on the market
$4,950,000
Est. $21,899/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5986 232 Street

Create your own Luxury Estate on this exceptional 20 acre property in sought-after Tall Timbers, Salmon River. A long driveway leads to a beautifully prepared building site with stunning North Shore Mountain views. Approximately $1.5M in improvements have been completed, including landscaped grounds, ornamental trees, shrubs, irrigation, grass fields & water features. Plans are in place for an Equestrian Centre. Build from existing plans or bring your own vision! Includes 2 drilled wells & power, all conveniently located near Hwy #1, shopping & restaurants.

Exterior Features

View Description Mountains
Structures Land Only

Building Details

Price $4,950,000
Property Type Land
Building Name Tall Timbers
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Not Available, Storm Sewer Not Available, Electricity Available, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Well Drilled

Lot & Land

Lot Size 20
Lot Size Depth Feet
Lot Size Frontage 671.58
MLS® # R3155362
Area Langley
Neighbourhood Salmon River
City Langley
Postal Code V0V 0V0
Gross Taxes $8,911.28
Zoning RU-10

Property Timeline

Status Date Price
R3155362 / Active 08-13-2026 $4,950,000
to view full Property History (2 earlier records)

Listed by: Royal LePage - Wolstencroft

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, Secondary
Credo Christian Schools
Above Average 3.26 km 8.4/10
Elementary, Secondary
Credo Christian Schools
Above Average 3.26 km 8.4/10

Closest Transit

Bus Stop
Northbound 221A St @ Langley Memorial Hospital
2.83 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
5.91 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

36 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $-1,772,100
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 5.91 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
7 DOM
Listed
Salmon River avg
Langley avg

5986 232 Street 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 135.8% 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 V0V 0V0

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V0V 0V0, 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 (~1.9 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

2 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

1.83 KM

Peterson Road Elementary School

Public

Grades Served

K-7

Catchment Info

6.6 / 10

Distance

2.66 KM

Walkability & Transit Near 5986 232 Street

Walk Score Badge
Car-Dependent 1

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
30

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 5986 232 Street

2026 assessed value, sourced from City of Langley open data (PID 009-076-051).
Total Assessed Value (2026)
$3,170,000
-10.5% YoY
+4.1%/yr over 2 yr
2024 Value Trend 2026
Land
$3,170,000
Buildings
$0
Year Built
N/A
Class
061
Zoning
RU-10
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $3,170,000 $0 $3,170,000
-10.5%
2025 $3,543,000 $0 $3,543,000
+21.0%
2024 $2,928,000 $0 $2,928,000

Mortgage Calculator for 5986 232 Street

/month
Principal & Interest
Property Taxes $743
Maintenance fee 0
Financing 80% of the $4,950,000 asking price over 30 years at 4% results in approximately $19,649/month in total estimated carrying costs, $743 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
This listing generates an estimated $11,140/month in rental income, leaving a -$8,839/month cashflow at current carrying costs. Investors targeting break-even would need roughly 58% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5986 232 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 $4,950,000
Langley Loading...
Salmon River Loading...

Based on 4 comparable active properties in Salmon River, the average asking price is $2,099,333. This listing is priced 135.8% above 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

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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 5986 232 Street

Walk Score Badge
Car-Dependent 1

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
30

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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