17720 12 AVENUE, Surrey
$3,799,900
This 546,678 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 opportunity to acquire 25+ acres in the heart of Hazelmere Valley! 17720 12 Ave is to be sold together with 17690 12 Ave (MLS#R3160853), offering a combined 25+ acres of flat, usable land. Zoned A-1 and located within the ALR, the property offers excellent agricultural potential with the rear portion currently used for hay and suitable for farming or greenhouses. The well-maintained 2,870 sq ft rancher with walkout basement features 4 bedrooms and is currently rented to excellent long-term tenants. Bonus 24' x 28' detached garage/workshop. Ideally located minutes from the Pacific Hwy Border Crossing and with easy access to Hwy 99. A unique land holding and investment opportunity!
How this price compares
This lot asks $7 per square foot of lot. That is 95% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 8 of 505 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
- $3,799,900
- Lot size
- 546,678 sqft
- Lot dimensions
- 329 x
- Frontage
- 329 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1963
- MLS® area
- Hazelmere
- MLS® number
- R3160846
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Listing data via MLS®. Displayed for information only.