2842 BAYVIEW STREET, Surrey
$1,599,000
This 13,897 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.
An exceptional opportunity in Crescent Beach. Live in this tastefully updated home today, or unlock the full potential of this rare duplex-zoned double lot. Whether you are looking to enjoy the current residence, build your dream home, or explore development possibilities, this property offers outstanding flexibility. Just minutes from the beach and an easy walk to local restaurants, shops, and the marina, this location perfectly captures the Crescent Beach lifestyle. Bay views, generous RV parking, and the convenience of keeping your boat nearby make this a truly unique offering. Preliminary planning work is already in place for the construction of two substantial side-by-side homes, each with the potential for over 3,600 sq. ft., 4 bedrooms, 2-car attached garage, and full basements.
How this price compares
This lot asks $115 per square foot of lot. That is 22% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 150 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
- $1,599,000
- Lot size
- 13,897 sqft
- Lot dimensions
- 115 x 121
- Frontage
- 115 ft
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- 1969
- MLS® area
- Crescent Bch Ocean Pk.
- MLS® number
- R3106772
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Listing data via MLS®. Displayed for information only.