12218 53 AVENUE, Surrey
$2,590,000
This 34,713 sqft property in Surrey is a detached single-family home on a lot the new rules make suitable for a multiplex. Surrey follows the provincial small-scale housing rules, so most single-family lots allow three to four homes, and up to six near frequent transit. Surrey's larger lots and lower land prices often lift the number of units that pencil out.
For more information, click the Brochure button. The Best Location in Prestigious Panorama Ridge! Enjoy breathtaking ocean and Gulf Islands views from this exceptional property in one of Surrey’s most desirable neighbourhoods. Set on a rare 34,713 sq ft south-facing lot, bordered by Joe Brown Park on two sides, this West Coast Contemporary home offers outstanding privacy and natural beauty. The open-concept living and dining areas feature large windows and seamless patio access, perfectly showcasing the views. The main floor includes a spacious kitchen, primary bedroom, and guest room, with an additional bedroom below. Walking distance to Colebrook Elementary and close to École Panorama Ridge Secondary. All measurements are approximate.
How this price compares
This lot asks $75 per square foot of lot. That is 49% below the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 84 of 495 from cheapest to most expensive. Asking prices only, taken from the current MLS® feed.
Land price per square foot is only one input. Frontage, lane access, slope, and how many homes the zoning actually allows decide what a lot is worth to a builder.
Lot and property details
- Price
- $2,590,000
- Lot size
- 34,713 sqft
- Lot dimensions
- 102 x 286
- Frontage
- 102 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1968
- MLS® area
- Panorama Ridge
- MLS® number
- R3137732
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Listing data via MLS®. Displayed for information only.