5625 132 STREET, Surrey
$2,499,999
This 23,086 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.
SUB-DIVIDEABLE LOT with OCEAN VIEWS! PANORAMA RIDGE! Rare opportunity to own a beautifully renovated home on a prestigious East-facing flat rectangular lot measuring approximately 100 ft x 231 ft. This exceptional property offers a perfect blend of luxury, comfort, development potential. Tastefully updated, the home features spacious living areas filled with natural light and designed for modern family living. Enjoy stunning ocean views from the family room and the expansive patio, creating the perfect setting for relaxing evenings or entertaining guests. Conveniently located close to schools, parks, shopping, and major transportation routes. A truly unique property in a highly desirable location that must be seen to be fully appreciated. Subdivide into 2 LOTS, both will have Ocean Views!
How this price compares
This lot asks $108 per square foot of lot. That is 28% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 129 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
- $2,499,999
- Lot size
- 23,086 sqft
- Lot dimensions
- 100 x 230.86
- Frontage
- 100 ft
- Bedrooms
- 5
- Bathrooms
- 3
- Year built
- 1972
- MLS® area
- Panorama Ridge
- MLS® number
- R3133151
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Listing data via MLS®. Displayed for information only.