Attention developers & investors: A great future development property in Willoughby's Latimer region is available. Ideally suited for townhouse development. This 2-acre property is located close to all of Langley's main attractions and sits near HWY 1. This clean home showcases an excellent floor plan and evidence of meticulous care over the years. The home has a triple garage and a massive 1,711 sq ft detached workshop at the rear, ideal for hobbies and storage needs. The backyard offers a serene landscape with mature trees and vibrant vegetation. Ample parking accommodates RV and trailer. Neighboring properties are actively pursuing townhouse development applications. Secure this property for future development potential or occupy it yourself while capitalizing on its investment value

Room Type	Level	Dimensions

Date	Status	Price	Change
2024-Dec-15	Listed	$1,250,000	-2.0%
2024-Nov-28	Price Change	$1,275,000	-1.8%
2024-Nov-01	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-22	Sold	$1,150,000	-2.1%
2023-Aug-10	Price Change	$1,175,000	-2.0%
2023-Jul-15	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-18	Sold	$985,000	-1.4%
2022-Mar-05	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-12	Sold	$825,000	-2.8%
2021-Aug-28	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Date	Status	Price	Change

Date	Status	Price	Change
2024-Dec-15	Listed	$1,250,000	-2.0%
2024-Nov-28	Price Change	$1,275,000	-1.8%
2024-Nov-01	Listed	$1,299,000	-
R2847392 - Royal LePage West Real Estate Services
2023-Aug-22	Sold	$1,150,000	-2.1%
2023-Aug-10	Price Change	$1,175,000	-2.0%
2023-Jul-15	Listed	$1,199,000	-
R2798456 - Sutton Group West Coast Realty
2022-Mar-18	Sold	$985,000	-1.4%
2022-Mar-05	Listed	$999,000	-
R2654321 - RE/MAX Crest Realty
2021-Sep-12	Sold	$825,000	-2.8%
2021-Aug-28	Listed	$849,000	-
R2587123 - Century 21 In Town Realty

Pricing
Asking Price	$6,350,000
Price per Floor SqFt	$1,981
Taxes & Fees

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Private Data

Year	Land	Impr.	Total	YoY%
2026	$1,849,000	$577,000	$2,426,000	+3.7%
2025	$1,728,000	$611,000	$2,339,000	-3.1%
2024	$1,763,000	$652,000	$2,415,000	+0.8%
2023	$1,740,000	$656,000	$2,396,000	+2.6%
2022	$1,759,000	$576,000	$2,335,000	+32.6%
2021	$1,296,000	$465,000	$1,761,000	+2.7%
2020	$1,236,000	$478,000	$1,714,000	+0.5%
2019	$1,246,000	$460,000	$1,706,000	-10.4%
2018	$1,333,000	$570,000	$1,903,000	+17.5%
2017	$1,055,000	$565,000	$1,620,000	-

Year	Land	Impr.	Total	YoY%	Taxes

Asking Price:	$5,650,000
Listing Date:	2026-Aug-11
Maint. Fee:	-
Bedrooms:	3
Bathrooms:	4
Floor Area:	3,648 sqft
Price / SqFt:	$1,549
Age:	47 years
Land Size:	17.96 ac. (782,338 sqft)
Days on Market:	70
MLS® Number:	R3154502
Distance:	6.4 km

Property Photos

8115 197 Street, Langley, BC V2Y 1Y4

8115 197 Street, Langley, BC V2Y 1Y4

Description

Property Details

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Pricing Estimate

MLS® Pricing History

Assessment History

Aman Nanda

Aman Nanda

Schools

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Schools

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Sold Price:	$780,000
Sold Date:	-
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