13897 56A AVENUE, Surrey

$2,150,000

This 30,492 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.

RARE PANORAMA RIDGE OPPORTUNITY! Beautiful 3,686 sq. ft. rancher situated on an impressive 30,400 sq. ft. lot, offering exceptional space, privacy and future potential in one of Surrey's most desirable neighbourhoods. This spacious home features generous living areas and a huge recreation room with a separate bar—an ideal retreat for entertaining family and friends. Enjoy the today, rent and hold as a long-term investment, renovate to suit your lifestyle, or explore the potential to build your dream estate home in the future. Conveniently located close to schools, parks, shopping and everyday amenities, with easy access to Hwy 10, Hwy 99 and King George Blvd. A rare opportunity to secure a substantial Panorama Ridge property with tremendous possibilities and the future!

How this price compares

This lot asks $71 per square foot of lot. That is 52% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 74 of 515 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
$2,150,000
Lot size
30,492 sqft
Lot dimensions
111 x
Frontage
111 ft
Bedrooms
4
Bathrooms
3
Year built
1969
MLS® area
Panorama Ridge
MLS® number
R3164403

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Listing data via MLS®. Displayed for information only.