3010 SEMIAHMOO TRAIL, Surrey
$1,775,000
This 16,318 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.
Exceptional opportunity in sought-after Heritage Trails! This long-time family home is situated on a generous 16,318 sq. ft. lot backing onto the peaceful Semiahmoo Trail and offers outstanding potential in a prime location. Newly adopted R3 zoning may allow for subdivision potential or additional housing options under BC’s SSMUH policies, including single-family homes with suites, duplexes, or small accessory dwellings. Buyer to verify all development possibilities with the City. While the value is primarily in the land, the existing home is comfortable, well cared for, and move-in ready. Enjoy a private, tranquil setting ideal for investors, builders, or families looking for a special property. Second address attached to the property: 3001 147 Street.
How this price compares
This lot asks $109 per square foot of lot. That is 28% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 130 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
- $1,775,000
- Lot size
- 16,318 sqft
- Lot dimensions
- 106 x
- Frontage
- 106 ft
- Bedrooms
- 3
- Bathrooms
- 3
- Year built
- 1973
- MLS® area
- Elgin Chantrell
- MLS® number
- R3137014
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Listing data via MLS®. Displayed for information only.