4286 186 STREET, Surrey
$3,900,000
This 395,524.8 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 own 9.08 private acres on a quiet dead-end street — just 5 min to downtown Cloverdale & 3 min to Kwantlen University schools & proposed new hospital. Strong passive income from a 2,660 sq. ft. storage barn, 2,730 sq. ft. workshop & outside storage areas. Land is ideal for crops, livestock & contractor use. The updated main home features 4 bedrooms, 2 baths, hardwood floors, newer windows & doors, fresh paint & large deck. Fully renovated 2-bedroom basement suite with 2 entrances, enclosed patio, separate laundry, gym & office — perfect for rental income or on-site manager. Well water with reverse osmosis filtration system included.
How this price compares
This lot asks $10 per square foot of lot. That is 93% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 13 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
- $3,900,000
- Lot size
- 395,524.8 sqft
- Lot dimensions
- 317.19 x
- Frontage
- 317.19 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1969
- MLS® area
- Serpentine
- MLS® number
- R3127787
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Listing data via MLS®. Displayed for information only.