558 248 Street in Langley: Otter District House for sale : MLS®# R2919655

Simon Clayton Personal Real Estate Corporation

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#1 Ranked foreclosure (Court Ordered) REALTOR in Vancouver*Even in a city like Vancouver, known for its robust real estate market, properties can still fall into foreclosure or be subject to a court-ordered sale. I specialize in listing and selling foreclosure properties across Vancouver, Burnaby, Richmond, and the rest of the lower mainland. It’s crucial to work with an agent experienced in dealing with banks, lawyers, and the complexities of foreclosure contracts. Buying and selling foreclosure properties is not a standard transaction, and many agents lack the necessary knowledge and expertise.Foreclosure in Vancouver involves the legal termination of a homeowner’s rights to list their property. This process starts when the homeowner fails to repay their mortgage, prompting the lender to take steps to reclaim and sell the property to recover the outstanding debt.Foreclosure in Vancouver is a court-ordered process. The lender first issues a notice of default to the homeowner, offering an opportunity to repay the outstanding debt. If the homeowner is unable to do so during the redemption period (typically 6 months), the lender can take the case to Court and request a Court order giving them Conduct of Sale.

Once the Court grants this order, the lender can proceed with selling the property. The sale proceeds are used to repay the mortgage debt, with any surplus funds going to the homeowner.

I have managed numerous foreclosure listings in Vancouver, working with various banks and lawyers. I have successfully sold properties and recovered over $50,000,000 in loan assets for my clients.

My handling of court-ordered sales in recent years has been marked by professionalism and successful outcomes every time. If you are a bank or lawyer handling a foreclosure file, please contact me for further information about my track record of success.

Since 2009, no Realtor in Vancouver has listed more homes by Court order than I have.

(*2009 – 2024 most MLS listings for Court ordered sales)

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558 248 Street
Otter District Langley V4W 2H2

$9,450,000
Residential Detached beds: 5 baths: 7.0 12,367 sq. ft. built: 1996

Main Photo: 558 248 Street in Langley: Otter District House for sale : MLS®# R2919655
Status:
Active
Prop. Type:
Residential Detached
MLS® Num:
R2919655
Bedrooms:
5
Bathrooms:
7
Year Built:
1996
Magnificent Country Estate! Incredible Opportunity to own this one-of-a-kind 12,400 sqft Majestic Manor set on 47.35 Prime Acres of Serene Rolling Pastures and Soaring Mountain Views, set on one of best streets in South Langley. Famous Hollywood Movie location! Built for and owned by Champions of Industry. Indoor Pool, Tennis Court, Riding Arena & Trails, Caretaker's House with shop. Tested water source with excellent UV water filtration system. Live camera security system. This Grand Estate can be yours. Incredible Setting, one-of-a-kind property that can not be replaced due to the new Provincial laws restricting new home builds on ALR land to under 5400 square feet. No Streams. This is truly a Limited Edition! THE OPEN HOUSE IS CANCELLED
Property Type:
Residential Detached
Dwelling Type:
House with Acreage
Home Style:
Year built:
1996 (Age: 28)
Total area:
12,367 sq. ft.
Total Floor Area:
12,367 sq. ft.
Price Per SqFt:
Total unfinished area:
Main Floor Area:
4,738 sq. ft.
Floor Area Above Main:
Floor Area Above Main 2:
Floor Area Detached 2nd Residence:
Floor Area Below Main:
Basement Area:
Levels:
3
Rainscreen:
Bedrooms:
5 (Above Grd: 5)
Bathrooms:
7.0 (Full:7/Half:0)
Kitchens:
Rooms:
Taxes:
$24,493.86 / 2024
Lot Area:
0 sq. ft.
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcny(s) Patio(s) Dck(s)
Pad Rental:
# or % of Rentals Allowed:
# or %:
Water Supply:
Plan:
NWP42963
Total Units in Strata:
Heating:
Construction:
Foundation:
Basement:
Fully Finished
Full Height:
Crawl Height:
Roof:
Floor Finish:
Fireplaces:
4
Fireplace Details:
Parking:
Parking Total/Covered:
30 / 2
Parking Access:
Driveway:
Exterior Finish:
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Floor
Ensuite
Pieces
Other
Main
Main
Above
Above
Above
Above
Below
Clothes Washer/Dryer/Fridge/Stove/Dishwasher, Hot Water Dispenser, Security System, Smoke Alarm, Swimming Pool Equip., Vacuum - Built In, Wet Bar
Cleared, Private Setting, Rural Setting
Pool; Indoor
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Cats:
Dogs:
Units in Development:
Plumbing Details:
Services Connected:
Previous Price:
Original Price:
  • Photo 1: 558 248 Street in Langley: Otter District House for sale : MLS®# R2919655
    Photo 1 of 1
Listed by Angell, Hasman & Associates Realty Ltd.
Data was last updated December 21, 2024 at 05:10 PM (UTC)
Area Statistics
Listings on market:
22
Avg list price:
$3,990,000
Min list price:
$299,000
Max list price:
$9,450,000
Avg days on market:
76
Min days on market:
9
Max days on market:
390
Avg price per sq.ft.:
$788.44
These statistics are generated based on the current listing's property type and located in Otter District. Average values are derived using median calculations.
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