SUBDIVISION POTENTIAL – APPROX. 3 LOTS! Rare opportunity to own 1.61 acres in prestigious Panorama Ridge. Zoned R1 (½ Acre Residential) with Suburban 1 OCP designation, offering potential for an approximate 3-lot subdivision (buyer to verify with City of Surrey). Features 2 road frontages, city water, and sewer at 56 Ave. The existing 3,400 sq. ft. Tudor-style home offers 6 bedrooms and 3 bathrooms on a private, park-like property with mature fruit trees and is on septic. Surrounded by luxury estate homes and easy access to King George Blvd, HWY to Richmond, and South Surrey/White Rock. Build, develop, or hold as an investment. Opportunity awaits!
Address
12921 56 Avenue
List Price
$4,500,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Transaction Type
Sale
Area
Surrey
Sub-Area
Panorama Ridge
Bedrooms
5
Bathrooms
3
Floor Area
3,380 Sq. Ft.
Main Floor Area
1552
Lot Size
70131.6 Sq. Ft.
Lot Size Dimensions
107 x 642
Lot Size (Acres)
1.61 Ac.
Lot Features
Private
Lot Size Units
Acres
Total Building Area
3380
Frontage Length
107
Year Built
1935
MLS® Number
R3150097
Listing Brokerage
RE/MAX Treeland Realty
Basement Area
None
Postal Code
V3W 2P4
Zoning
R1
Ownership
Freehold NonStrata
Parking
Garage Double
Parking Places (Total)
4
Tax Amount
$13,354.16
Tax Year
2026
Site Influences
Private, Private Yard
Exterior Features
Private Yard
Appliances
Washer/Dryer
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Natural Gas
Fireplace
Yes
Fireplace Features
Gas, Wood Burning
Number of Fireplaces
2
Garage
Yes
Garage Spaces
2
Levels
Two
Number Of Floors In Property
2
Subdivision Name
Panorama Ridge