18495 0 AVENUE, Surrey
$4,874,000
This 217,582 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.
Great Investment property, with future development potential. 4.995 Acres (Not in ALR) Welcome to nearly 5 acres of pristine land offering endless possibilities, free from ALR restrictions. This remarkable property enjoys sweeping views over Hazelmere Valley, extending all the way to White Rock. Surrounded by a collection of distinguished estate homes, this setting is private, serene, and truly park-like. Towering trees frame the landscape, while a large barn adds to functionality and flexibility. Fully fenced and cross-fenced, this is a rare opportunity to secure an exceptional parcel in a highly sought after location.
How this price compares
This lot asks $22 per square foot of lot. That is 85% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 20 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
- $4,874,000
- Lot size
- 217,582 sqft
- Lot dimensions
- 108.58 x
- Frontage
- 108.58 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1969
- MLS® area
- Hazelmere
- MLS® number
- R3138181
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Listing data via MLS®. Displayed for information only.