13912 28 AVENUE, Surrey
$4,600,000
This 102,084 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.
Elgin/Chantrell acreage with SUBDIVISION POTENTIAL! Set in the heart of this prestigious estate neighbourhood, this rectangular 2.34-acre property (157' x 647') offers multiple ownership and potential subdivision options, subject to City approval. Gated and fully fenced, with frontage on both 28 Ave and 27 Ave, it features a well-maintained 3,590 sq ft, 4-level split home with interiors in great condition, a separate basement entrance and a detached 24' x 32' workshop. Within the City's Central Semiahmoo Peninsula Local Area Plan, the surrounding area includes numerous RA (Acreage Residential) properties approved for denser R1 (Suburban Residential) subdivisions. A rare opportunity to enjoy acreage living while exploring future possibilities. Chantrel Creek Elem. and Elgin Park Secondary.
How this price compares
This lot asks $45 per square foot of lot. That is 70% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 28 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
- $4,600,000
- Lot size
- 102,084 sqft
- Lot dimensions
- 157 x 647 (2.34 AC)
- Frontage
- 157 ft
- Bedrooms
- 5
- Bathrooms
- 4
- Year built
- 1979
- MLS® area
- Elgin Chantrell
- MLS® number
- R3161991
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Listing data via MLS®. Displayed for information only.