$2,980,000
Likely needs work. Get contractor quotes before making an offer — renovation costs can exceed expectations.
About This Property
Rare offering of 2 adjacent parcels totaling almost 1 acre in the desirable Panorama Ridge area of Surrey. The property includes an older 2-storey home with little to no value. Value is in the land. Located within the Frequent Bus Stop Area, presenting potential for increased density (buyers to confirm with City of Surrey). To be sold together with the third adjacent property (5587 King George Blvd) for a total land assembly of approx. 1.9 acres. Excellent redevelopment potential with stormwater nearby and sewer connection available on Trites Rd. Potential water views with future subdivision.
Property Details
MLS #
R3035854
Status
Active
Type
Residential
Sub-type
Single Family Residence
Ownership
Freehold NonStrata
Zoning
R1
Bedrooms
4
Full Baths
4
Half Baths
0
Kitchens
2
Fireplaces
2
Living Area
3,563 sqft
Main Floor
2,662 sqft
Above Main
901 sqft
Basement
Yes
Lot Size
42,403 sqft
Lot Dimensions
151.54 x 361.09
Frontage
151.54
Year Built
1946
Age
80 years
Roof
Asphalt
Construction
Frame Wood, Other (Exterior), Wood Siding
Structure
Residential Detached
Parking Stalls
10
Garage Spaces
2
Parking Type
Additional Parking, Garage Double, Open, Front Access, Asphalt
Original Price
$2,980,000
Taxes
$7,850.58/yr
Listed
2025-08-08
MLS Area
Panorama Ridge
City
Surrey
Postal Code
V3X 3G1
Subdivision
Panorama Ridge
Features & Finishes
Heating
Baseboard · Electric · Natural Gas
Flooring
Hardwood · Laminate · Other · Carpet
Appliances
Washer/Dryer · Dishwasher · Refrigerator · Stove
Laundry
In Unit
Fireplace
Gas
Patio / Porch
Patio · Deck
Exterior Features
Garden · Balcony · Private Yard
Building & Community
Transit
CLOSE
Schools
CLOSE
View
Greenbelt and valley
Lot Features
Greenbelt, Rural Setting
Water Source
Public
Sewer
Septic Tank
Utilities
Electricity Connected, Natural Gas Connected, Water Connected
Disclosures
Property Disclosure
Yes
Location
Open in Google MapsCoordinates: 49.103651, -122.830923 · Map data © Google
Above Market
Deal Score out of 10
Priced above comparable sales — may have room to negotiate.
Offer Advisor
High confidenceSuggested Offer
$2,814,599
5.6% below asking price
Negotiation Range
$2,740,099 – $2,859,299
$119,200 spread
Based on 42 recent sales, a starting offer around $2,814,599 (5.6% below ask) is reasonable. Your negotiation range is $2,740,099 – $2,859,299.
What's factored in
Based on 42 residential sales in Surrey (last 60 days) · Updated May 4
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