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Langley 45.82-acre development site sells for $8 million

Land includes nearly eight acres not in the Agricultural Land Reserve with potential for residential subdivision with valley and mountain views
21500-48th-ave-langley
Fraser Elliott Commercial | The Firm Real Estate Services Ltd., Vancouver

Property type: Land

Location: 21500 48th Avenue, Langley, B.C.

Land size: 45.82 acres

Zoning: RU-1 (7.94 acres not in ALR)

Potential: Single-family residential subdivision

BC Assessment value: $5,276,900

Sale price: $8 million

Date of sale: September 27, 2023,

Brokerage: Fraser Elliott Commercial | The Firm Real Estate Services Ltd., Vancouver

Broker: Fraser Elliott