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This 5.35 Acres parcel, currently in the ALR, is part of the Metro Vancouver Special Study area in anticipation of future development and expansion of the Walnut Grove Community Plan. The spacious 3 level house has room for extended family plus several mortgage helpers. Traditional plan features formal living room with gas fireplace and dining room with high ceiling. Also on the main floor: a large kitchen with island, a breakfast nook and adjoining covered deck plus a family room. Upstairs has 4 bedrooms including 2 masters and a loft. The walkout basement contains a large recroom plus a legal 2 bedroom suite. Currently generates $2,600 in rental income ($1000 +$800 +$800). Enjoy living in this beautiful family home now while you wait for development.