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14275 28 AVENUE, Surrey

$2,988,000

This 47,010 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.

Located in a very Private Parklike Acres of Elgin Chantrell, South Surrey. This wonderful property has 3436 sqft living space on 1.08 Acres (47,010 sqft lot). It features 5 bedroom 3 bath, outdoor tennis court, outdoor swimming pool, Open Kitchen family room with expansive decks all overlooking the rear yard and pool. 3 bedrooms on the top floor, 2 bedrooms in the basement, including an office area and Gym. Plenty of outdoor entertaining areas including a spectacular outdoor covered deck for outdoor cooking/dining with seating around the Fireplace. Must see for appreciation.

How this price compares

This lot asks $64 per square foot of lot. That is 58% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 55 of 526 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
$2,988,000
Lot size
47,010 sqft
Lot dimensions
158 x 298
Frontage
158 ft
Bedrooms
5
Bathrooms
3
Year built
1973
MLS® area
Elgin Chantrell
MLS® number
R3146906

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Listing data via MLS®. Displayed for information only.