5636 120 STREET, Surrey
$1,999,000
This 19,200 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 your own private sanctuary. This stunning residence is beautifully situated on a rare, expansive lot, offering an unparalleled blend of elegant approx 4000 sq ft indoor living and massive 19200 sqft lot home has been well maintained by the owners. The main floor features large living/dinning area with hardwood floors, gas fireplace, large kitchen and 4 bedrooms 3 bathrooms. The Master BedRoom access to glassed solarium usable year around. The lower floor features a huge wet bar and good size family area with fireplace for family entertainment. This house also comes with 2 bed 2 bath suite, with kitchen can be used as in-law suite or as a good mortgage helper.Potential of subdivision as well please check with City of Surrey regarding new zoning laws.Unauthorized suite.
How this price compares
This lot asks $104 per square foot of lot. That is 30% below the median of $150 across the 526 active lots VanPlex is showing in Surrey, and puts it 116 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
- $1,999,000
- Lot size
- 19,200 sqft
- Lot dimensions
- 120 x 160
- Frontage
- 120 ft
- Bedrooms
- 6
- Bathrooms
- 5
- Year built
- 1960
- MLS® area
- Panorama Ridge
- MLS® number
- R3152705
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Listing data via MLS®. Displayed for information only.