$9,995,000
Developers, discover the potential of this 2-acre property, ideal for future townhouse development, situated near the thriving Willoughby and Latimer Developments in Langley Township. With approximately 1 acre of developable land, this property is an excellent investment opportunity. It features a spacious home with multiple suites, outbuildings, a large 33’x24’ garage and sizable workshop. Notably neighboring property of similar size is currently undergoing a development application for townhouses.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Full |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Fireplace | 2 |
| Heating Type | Electric, Heat Pump |
| # of Kitchens | 3 |
| Flooring | Wall/Wall/Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $9,895,000 |
|---|---|
| Total Bedrooms | 6 |
| Total Bathrooms | 5 |
| Full Bathrooms | 4 |
| Half Bathrooms | 1 |
| Floor Area Total (sqft) | 5012 |
| Year Built | 1988 |
| Age Of Building | 38 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Well Drilled |
| Parking Type | Additional Parking, Detached |
| Total Parking Spaces | 10 |
| Rental Suites | Unauthorized Suite |
| Lot Size | 2 |
|---|---|
| Lot Size Depth | Feet |
| MLS® # | R2898008 |
| Area | Langley |
| Neighbourhood | Willoughby Heights |
| City | Langley |
| Postal Code | V2Y 1Y4 |
| Gross Taxes | $11,163.67 |
| Zoning | RS-2 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 20' x 20' ft |
| Main Level | Dining Room | 15' x 15' ft |
| Main Level | Kitchen | 19' x 19' ft |
| Main Level | Family Room | 16'5 x 16'5 ft |
| Main Level | Foyer | 11' x 11' ft |
| Main Level | Den | 11'6 x 11'6 ft |
| Above Level | Primary Bedroom | 24'11 x 24'11 ft |
| Above Level | Bedroom | 14'2 x 14'2 ft |
| Above Level | Bedroom | 14'5 x 14'5 ft |
| Above Level | Games Room | 30' x 30' ft |
| Basement Level | Living Room | 14' x 14' ft |
| Basement Level | Kitchen | 9'5 x 9'5 ft |
| Basement Level | Bedroom | 12'6 x 12'6 ft |
| Basement Level | Bedroom | 12' x 12' ft |
| Basement Level | Laundry | 12' x 12' ft |
| Basement Level | Living Room | 14' x 14' ft |
| Basement Level | Kitchen | 10' x 10' ft |
| Basement Level | Eating Area | 6' x 6' ft |
| Basement Level | Bedroom | 11' x 11' ft |
| Basement Level | Storage | 9'6 x 9'6 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #2 |
| Above Level | Yes | #4 |
| Above Level | No | #4 |
| Basement | No | #3 |
| Basement | No | #3 |
Listed by: HQ Commercial
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
8071 197 Street 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 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.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V2Y 1Y4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~2.2 km). Annual avg AQHI 1.8 — Low Risk.
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.
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.
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.
14 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Josette Dandurand Elementary |
Public |
Grades Served—
|
Catchment Info—
|
Distance992 m
|
|
Peter Ewart Middle School |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.23 KM
|
|
R E Mountain Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance1.34 KM
|
|
Port Kells Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance1.90 KM
|
|
Yorkson Creek Middle School |
Public |
Grades Served6-8
|
Catchment InfoIn Catchment
|
Distance2.10 KM
|
|
R C Garnett Demonstration Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance2.16 KM
|
|
Willoughby Elementary School |
Public |
Grades ServedK-5
|
Catchment InfoIn Catchment
|
Distance2.20 KM
|
|
Katzie Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.39 KM
|
|
Dorothy Peacock Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.44 KM
|
|
Richard Bulpitt Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance2.64 KM
|
|
Lynn Fripps Elementary School |
Public |
Grades ServedK-5
|
Catchment Info—
|
Distance2.76 KM
|
|
Clayton Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.81 KM
|
|
Gordon Greenwood Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.84 KM
|
|
Clayton Heights Secondary |
Public |
Grades Served—
|
Catchment Info—
|
Distance2.94 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,910,000 | $570,000 | $3,480,000 |
+5.0%
|
| 2025 | $2,710,000 | $605,000 | $3,315,000 |
-3.0%
|
| 2024 | $2,768,000 | $649,000 | $3,417,000 | — |
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