12520 CRESCENT ROAD, Surrey
$2,898,000
This 42,732 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.
Perched high above the bay, this exceptional 0.98-acre park-like property offers breathtaking water, park, mountain, and city light views in the highly sought-after Crescent Beach area. Quietly tucked away from traffic, this rare offering presents potential for 2–3 lots, a spectacular 2-storey home with walkout basement and unobstructed views, or excellent holding value with rental potential. The beautifully updated rancher features a bright open-concept layout with 2 bedrooms plus a den, a 1-year-old roof and furnace, a partially unfinished basement, and a detached garage/workshop. Located just a short walk to Crescent Beach, scenic waterfront paths, and local restaurants. Great school catchments: École Crescent Park, Crescent Park Elementary School and Elgin Park Secondary School. Must s
How this price compares
This lot asks $68 per square foot of lot. That is 55% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 63 of 529 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
- $2,898,000
- Lot size
- 42,732 sqft
- Lot dimensions
- 162.95 x 0.00
- Frontage
- 162.95 ft
- Bedrooms
- 2
- Bathrooms
- 1
- Year built
- 1942
- MLS® area
- Crescent Bch Ocean Pk.
- MLS® number
- R3123706
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Listing data via MLS®. Displayed for information only.