12581 16 AVENUE, Surrey

$8,980,000

This 42,821 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.

A very private Panoramic Ocean view lot in South Surreys most prestigious neighbourhood. Perched on the bluff. Build your dream home on the entire property 42,821 sq ft with a 132.6 feet of Ocean view frontage. Build your dream home on half the property 21,410 sq ft with 66 ft of ocean view frontage. The property consists of 2 legally subdivided properties. The sellers will consider selling half the property. A special property with stunning sunsets and ocean views. Call for additional info. Do not walk the property without an appointment.

How this price compares

This lot asks $210 per square foot of lot. That is 43% above the median of $147 across the 495 active lots VanPlex is showing in Surrey, and puts it 430 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
$8,980,000
Lot size
42,821 sqft
Lot dimensions
132.6 x 329.72
Frontage
132.6 ft
Bedrooms
4
Bathrooms
2
Year built
1963
MLS® area
Crescent Bch Ocean Pk.
MLS® number
R3171908

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Listing data via MLS®. Displayed for information only.