17027 40 AVENUE, Surrey
$3,485,000
This 410,770.8 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.
9.43 ACRES WITH TWO HOUSES AND BLUEBERRY FARM! Rare opportunity to build your dream home of 5,400 SQ/FT 600 Feet from 40 Avenue, and access to all utilities (City Water, Gas, Hydro, and Electricity). Centrally located just east of Morgan Creek with amazing valley and mountain views. The property has 2 - 1,800 square feet of houses. The first house has 2 bedrooms & 1 bath with an unfinished basement; the second house has a total of 4 bedrooms & 2 baths. 10,000 SQ/FT Preload area approved for a 7,700 SQ/FT Building. The property is planted in three-year-old Liberty variety blueberry with full drip irrigation. Close to all amenities; schools, transit, and shopping. Easy access to Highway #10, Highway #15, and the US Border.
How this price compares
This lot asks $8 per square foot of lot. That is 94% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 9 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
- $3,485,000
- Lot size
- 410,770.8 sqft
- Lot dimensions
- 313.54 x 1311.41(9.43AC)
- Frontage
- 313.54 ft
- Bedrooms
- 4
- Bathrooms
- 2
- Year built
- 1960
- MLS® area
- Serpentine
- MLS® number
- R3080278
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Listing data via MLS®. Displayed for information only.