5462 BAKERVIEW DRIVE, Surrey
$1,599,000
This 21,130 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.
Nestled in a quiet, child-safe cul-de-sac within exclusive East Panorama Ridge, this meticulously maintained property is surrounded by multi-million dollar estates and boasts great views of Mud Bay. Situated on a massive 21,130 SF lot with an impressive 101-ft frontage, it offers the ultimate canvas for your dream luxury build. The existing home spans nearly 3,000 SF and features mechanical updates including a newer furnace and hot water tank. The upper level provides 3 beds and 2 full baths, while the lower level is perfectly configured for a 2-bedroom suite. Walk to the new École Snokomish French Immersion Elementary, and enjoy quick access to Panorama Ridge shopping, Fresh St. Market, and dining. A rare opportunity in an elite neighborhood! Call today to view. O/H Sun 1:00pm - 3:00pm
How this price compares
This lot asks $76 per square foot of lot. That is 49% below the median of $148 across the 515 active lots VanPlex is showing in Surrey, and puts it 87 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
- 21,130 sqft
- Lot dimensions
- 101 x
- Frontage
- 101 ft
- Bedrooms
- 3
- Bathrooms
- 2
- Year built
- 1973
- MLS® area
- Panorama Ridge
- MLS® number
- R3132889
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Listing data via MLS®. Displayed for information only.