Langley 'equestrian estate' sold after 12 listings and a price drop
A European-style Langley property featuring unique architecture and design was recently sold, but it took 12 listings and a price drop for the home to find a new owner.
Considering the massive property (13,289 sq. ft.), which was built on top of an even more enormous plot of land (two acres), the new owner received a lot of value per square foot.
Located at 19870 3B Ave., the eight-bedroom, 11-bathroom home sold for $5,790,000. According to the most recent BC Assessment (July 1, 2024), the property is valued at $7,480,000, $1,690,000 under the sale price.
The land is valued at $3,062,000 while the buildings are valued at $4,418,000.
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Angell, Hasman & Associates Realty
Villa Bella Vita at Highpoint Estates was listed by Angell, Hasman & Associates Realty. It’s described as an “equestrian estate residence.”
Angell, Hasman & Associates Realty
The home features eight bedrooms spread across three levels and many luxurious amenities you’d probably expect in a home of this size.
Angell, Hasman & Associates Realty
Pictures of the home show a luxurious aesthetic while still managing to feel cozy and comfortable.
Angell, Hasman & Associates Realty
The home is relatively new, having been built in 2009.
Angell, Hasman & Associates Realty
Some of the luxurious amenities we mentioned include a home theatre, a “fabulous” wet bar, an exercise room, a nanny suite, and a private office.
Angell, Hasman & Associates Realty
Hopefully, the new owner is an equestrian enthusiast, as the home offers custom horse stables and an outdoor fireside summer lounge.
There’s also an outdoor dining area and a heated spa.
Angell, Hasman & Associates Realty
The Langley home was first listed in 2018 for $7,288,000. Since then, there have been various price fluctuations over the 12 listings before the home found a buyer on April 12.
Since 2016, the home reached its highest assessed value in 2024 when it was assessed at $7,543,000.
Considering its size and features, when considering conversations about affordability and home prices in Metro Vancouver, do you think this home was worth the money?