16235 28 AVENUE, Surrey
$1,849,000
This 23,627 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.
A truly RARE opportunity awaits in prestigious Grandview Heights. This spectacular HALF acre, A1 Zoned lot offers the perfect canvas to build the custom large estate you've always envisioned. With valuable A1 zoning and surrounded by new multi-million dollar homes, your investment is secured in one of South Surrey's most exclusive neighbourhoods. The existing renovated 6 bedroom, 2 level basement home provides unparalleled flexibility: live comfortably while you design your new residence, or generate significant rental income while you arrange your permits. This is the premier land-value opportunity you have been waiting for. Confirm with the city for more information. NOTE: A1 Zoning, better building guidelines that allow for a larger build. Listed $406, 700 below city assessment.
How this price compares
This lot asks $78 per square foot of lot. That is 48% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 83 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
- $1,849,000
- Lot size
- 23,627 sqft
- Lot dimensions
- 79 x
- Frontage
- 79 ft
- Bedrooms
- 6
- Bathrooms
- 3
- Year built
- 1962
- MLS® area
- Grandview Surrey
- MLS® number
- R3151451
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Listing data via MLS®. Displayed for information only.