5242 STATION ROAD, Surrey
$1,999,000
This 21,780 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.
This spacious West Coast–style mansion sits on a rare half-acre view lot in prestigious Panorama Ridge. Enjoy sweeping ocean, Mt. Baker, and sunset views from both the main and upper levels. The home offers over 5,500 sq. ft. of living space, featuring extra-large bedrooms upstairs, a commercial-grade heating system, luxurious appliances, an extra-deep double garage, and a 190 sq. ft. heated greenhouse. A fully renovated 2-bedroom suite adds flexibility, complete with a new kitchen, new washer/dryer, and fresh paint. Recent updates upstairs include new hardwood flooring in the primary rooms, an upgraded master bathroom, and new interior paint. Ideal as a renovation project / a long-term hold to build your dream home. Priced $286,000 below BC Assessment. OH: Aug 15, Saturday, 2-4pm
How this price compares
This lot asks $92 per square foot of lot. That is 39% below the median of $150 across the 529 active lots VanPlex is showing in Surrey, and puts it 101 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
- $1,999,000
- Lot size
- 21,780 sqft
- Lot dimensions
- 203 x 124
- Frontage
- 203 ft
- Bedrooms
- 6
- Bathrooms
- 4
- Year built
- 1977
- MLS® area
- Panorama Ridge
- MLS® number
- R3150489
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Listing data via MLS®. Displayed for information only.