3530 142A STREET, Surrey

$2,099,000

This 44,469 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 the privacy and tranquility of this exceptional 1-acre corner lot in the sought-after Elgin area. Surrounded by nature & located near Crescent Beach, the Nicomekl River, Elgin Heritage Park, & Nico Wynd Golf Club, this property offers the perfect blend of peaceful country living with convenient access to nearby amenities, shopping, recreation and highway routes. The existing home features 2,371 sq. ft. of living space, with 4 bedrooms & a second kitchen downstairs, making it ideal for extended family, guests, or additional living flexibility. Whether you're a builder looking for a great location, an investor seeking a rental property, or a buyer wanting a private retreat, this unique 1 acre parcel offers flexibility in a great neighbourhood.

How this price compares

This lot asks $47 per square foot of lot. That is 68% below the median of $148 across the 505 active lots VanPlex is showing in Surrey, and puts it 30 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
$2,099,000
Lot size
44,469 sqft
Lot dimensions
203.2 x (1.02 AC)
Frontage
203.2 ft
Bedrooms
4
Bathrooms
3
Year built
1971
MLS® area
Elgin Chantrell
MLS® number
R3157122

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Listing data via MLS®. Displayed for information only.