18554 88 AVENUE, Surrey
$3,890,000
This 216,537 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 extraordinary 5-acre farm in Port Kells, perfectly positioned just moments away from the bustling city and offering immense potential for development. Huge development is happening in the area. Situated in a serene location, this property boasts an enviable combination of spaciousness, privacy, and convenience. Property is not in the flood zone, potential to build a 3 level house. There is a 5 bedrm and 2 bath house and a huge barn in good condition.
How this price compares
This lot asks $18 per square foot of lot. That is 88% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 19 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
- $3,890,000
- Lot size
- 216,537 sqft
- Lot dimensions
- 279 x (4.97AC)
- Frontage
- 279 ft
- Bedrooms
- 5
- Bathrooms
- 2
- Year built
- 1970
- MLS® area
- Port Kells
- MLS® number
- R3091823
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Listing data via MLS®. Displayed for information only.