12891 SOUTHRIDGE DRIVE, Surrey
$1,799,000
This 22,651 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.
Welcome to this exceptional Panorama Ridge home offering 3,000+ sq ft on over ½ acre with beautiful OCEAN & VALLEY VIEWS. This contemporary split-level features 5 bedrooms &3 bathrooms, including a stunning primary retreat w. ocean views & private patio. Bright, spacious layout with large principal rooms, 4 bedrooms up &1 on the lower level. The private backyard is an oasis with a large patio, hot tub, gazebo & lush landscaping. RARE 4 CAR GARAGE plus ample open parking. Significant updates include roof, heat pump/A/C, windows, kitchen, bathrooms and in-ground irrigation. Close to horse trails, Mud Bay, golf, walking paths, shops & easy highway access. Minutes to the US border, airport and beaches. Luxury, space and lifestyle combined.
How this price compares
This lot asks $79 per square foot of lot. That is 47% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 85 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
- $1,799,000
- Lot size
- 22,651 sqft
- Lot dimensions
- 100 x 244
- Frontage
- 100 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1978
- MLS® area
- Panorama Ridge
- MLS® number
- R3140362
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Listing data via MLS®. Displayed for information only.