18701 88 AVENUE, Surrey
$2,680,000
This 173,804.4 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.
Discover this rare 4-acre property in the heart of Port Kells, just steps from the library and elementary school. Ideal for building your dream luxury home, this lot offers two road frontages for maximum accessibility. A self-contained bachelor side suite adds extra potential for rental income or guest space. This is the first time the property has been on the market in over 45 years. Enjoy peace and privacy with a serene, secluded setting, while still being close to all amenities. Additional features include air conditioning for year-round comfort. Don’t miss out on this exceptional opportunity!
How this price compares
This lot asks $15 per square foot of lot. That is 90% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 21 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
- $2,680,000
- Lot size
- 173,804.4 sqft
- Lot dimensions
- 284.34 x
- Frontage
- 284.34 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1966
- MLS® area
- Port Kells
- MLS® number
- R3161145
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Listing data via MLS®. Displayed for information only.