816 248 St, Langley BC - Single Family Residence for Sale - MLS# R3148218

77 days on the market
$2,750,000
Est. Mortgage $12,166/mo
Listing updated:
EstateBlock checked:
4 Beds
3 Baths
2724 sqft
1010 $ /sqft
1977 built
30.6% cheaper than comps
77 days on the market
$2,750,000
Est. $12,166/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 816 248 Street

30.6% cheaper than comps

A once in a generation opportunity to own Langley’s historic South Otter Schoolhouse. Nestled on a beautifully landscaped one-acre property within the ALR at the entrance to prestigious Otter Trail, this extraordinary residence has been masterfully restored by a renowned craftsman, blending timeless heritage with exceptional quality. Surrounded by rolling equestrian estates, the property features fragrant lavender gardens, a charming cutting garden, mature fruit trees, and picturesque outdoor spaces designed for gathering and quiet reflection. Rich in history and lovingly preserved, this is more than a home—it’s a landmark where generations of memories have been made. A rare offering for those seeking character, craftsmanship, privacy, and an unparalleled country lifestyle.

Interior Features

Basement Finished Area (sqft) 0
Basement Features None
Appliances Included Dryer, Stove
Fireplace 2
Heating Type Electric, Forced Air, Wood
# of Kitchens 1
Flooring Hardwood, Tile
Foundation Concrete Perimeter, Slab

Exterior Features

Roof Asphalt, Torch-On
Structures Residential Detached

Building Details

Price $2,750,000
Total Bedrooms 4
Total Bathrooms 3
Full Bathrooms 3
Half Bathrooms 0
Floor Area Total (sqft) 2724
Year Built 1977
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Architecture Style Rancher/Bungalow
Stories 1
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank
Water (WaterSource) Well Drilled
Parking Type Open, Front Access, Gravel
Total Parking Spaces 6
Rental Suites None

Lot & Land

Lot Size 1
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3148218
Area Langley
Neighbourhood Otter District
City Langley
Postal Code V4W 2G1
Gross Taxes $4,904.45
Zoning ALR

Property Timeline

Status Date Price
R3148218 / Active 07-20-2026 $2,750,000
Rooms
Floor Type Dimensions
Main Level Foyer 7'3 x 7'3 ft
Main Level Storage 4'8 x 4'8 ft
Main Level Living Room 20'11 x 20'11 ft
Main Level Bedroom 10'3 x 10'3 ft
Main Level Bedroom 10'4 x 10'4 ft
Main Level Bedroom 10'4 x 10'4 ft
Main Level Patio 23'9 x 23'9 ft
Main Level Dining Room 20'0 x 20'0 ft
Main Level Kitchen 11'11 x 11'11 ft
Main Level Utility 7'9 x 7'9 ft
Main Level Primary Bedroom 18'4 x 18'4 ft
Main Level Family Room 38'9 x 38'9 ft
Main Level Patio 29'6 x 29'6 ft
Main Level Porch (enclosed) 18'5 x 18'5 ft
Main Level Other 22'5 x 22'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #3
Main Level No #3

Listed by: Angell, Hasman & Associates Realty Ltd.

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
Wix-Brown Elementary School
Average 3.69 km 4.4/10

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 8.43 km 5.7/10
Elementary, Secondary
Fraser Valley Adventist Academy
Average 8.43 km 5.7/10

Closest Transit

Bus Stop
Westbound 29 Ave @ 264A St
5.47 km
Skytrain
Skytrain @ Langley City Centre Station ( Under Construction till 2029)
13.43 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 10.5%
No Certificate/Degree
Above Average 20%
Owner Occupied
Below Average 55.3%
Employment Rate
Below Average 49.2%

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

78 / 100
Overall sell-speed score
Likely within 1–3 weeks
A+
Price competition grade
Avg comparable: $3,591,500
Balanced
Market conditions
Balanced market — steady conditions
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 13.43 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How OTTER DISTRICT compares
This property
77 DOM
Listed
Otter District avg
—
—
Langley avg
—
—

816 248 Street has a sell-speed score of 78/100, placing it in the "Expected to sell within 1–3 weeks" band. The listing is priced 30.6% below comparable active properties in Otter District, which is a strong competitive signal. 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 likely to attract offers within 1–3 weeks.

Climate Risk for V4W 2G1

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4W 2G1, 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 (~9.1 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

Walkability & Transit Near 816 248 Street

Walk Score Badge
Car-Dependent 8

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 — 816 248 Street

2026 assessed value, sourced from City of Langley open data (PID 001-127-659).
Total Assessed Value (2026)
$1,356,000
-2.5% YoY
-0.9%/yr over 2 yr
2024 Value Trend 2026
Land
$1,216,000
Buildings
$140,000
Year Built
N/A
Class
000
Zoning
RU-2
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,216,000 $140,000 $1,356,000
-2.5%
2025 $1,236,000 $155,000 $1,391,000
+0.8%
2024 $1,226,000 $154,000 $1,380,000 —

Mortgage Calculator for 816 248 Street

/month
Principal & Interest
Property Taxes $409
Maintenance fee 0
A 20% down payment of $550,000 on this $2,750,000 listing yields an estimated mortgage of $10,503/month (30-year fixed, 4%). Total estimated housing cost: $10,912/month, $409 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
With $6,457/month in estimated rental income against $11,141/month in mortgage payments, the monthly cashflow is -$4,684/month. A 56% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 816 248 Street, Langley

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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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 — Otter District, Langley

Beds Home Types Square Feet Lot Size Year Built
This Home $2,750,000
Langley Loading...
Otter District Loading...

Comparable data is unavailable at the neighbourhood level. City-wide in Langley, similar Single Family Residences average $3,961,667 across 3 active listings — this listing is 30.6% below the Langley average. This property is flagged as a Hot Deal (30.6% cheaper than comparables) 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

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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 816 248 Street

Walk Score Badge
Car-Dependent 8

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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