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!
Property Site Plan. Illustrating the property's dimensions and subdivision potential, with associated street frontages
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Aerial perspective showcasing a residential property with extensive green space, a paved driveway, and mature landscaping
Expansive lot with mature evergreen trees and significant open space
Gravel driveway framed by mature evergreen hedges, featuring a decorative metal gate and established trees
Two-story residence featuring a multi-gable roofline and a mix of siding materials
Two-story residence with a multi-level roofline, featuring a two-car garage with white doors, an asphalt driveway, and mature landscaping
Multi-level dwelling with shingle and horizontal siding, featuring an elevated wooden deck with a slatted railing
Spacious kitchen featuring wood-finish flooring, white cabinetry, a large kitchen island, recessed lighting, and a pendant light fixture
Open-concept kitchen and living area featuring light wood-finish flooring, white cabinetry, a central island with bar seating, and a pendant light fixture
Dining area featuring wood-finish flooring, exposed ceiling beams, and a built-in pillar accent
Living area featuring wood-finish flooring, a coffered ceiling, a built-in wall niche, and large windows
Living area featuring coffered ceilings, wood-finish flooring, a brick fireplace, and multiple windows
Stone-clad fireplace with a dark metal insert
Paved driveway leading to an attached garage with a partially open door
Expansive grassy yard area with mature perimeter trees and flowering plants
Spacious backyard featuring a grass lawn, mature trees, and established shrubbery
Expansive outdoor grounds featuring a long gravel driveway, mature trees, and natural landscaping
Expansive grassy yard area with mature trees and dense perimeter foliage
Expansive green space featuring mature trees and a multi-level dwelling with a ground-level patio
Expansive rear yard featuring mature trees and a multi-level residential structure
Exterior featuring two stories, a bay window, wood siding, and a concrete patio
Aerial perspective showcasing a residential area with mature trees and established properties
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Aerial perspective showcasing a verdant landscape with extensive tree coverage and residential development
Aerial perspective showcasing a residential area with a mix of established homes and new construction
Aerial perspective showcasing a residential community with a central green space
HoodQ Address Report. Presenting school, recreation, transit, and safety information for the property
Data was last updated July 27, 2026 at 09:40 PM (UTC)
Area Statistics
Listings on market:
127
Avg list price:
$1,599,000
Min list price:
$460,000
Max list price:
$5,999,000
Avg days on market:
68
Min days on market:
3
Max days on market:
354
Avg price per sq.ft.:
$489.42
These statistics are generated based on the current listing's property type
and located in
Panorama Ridge. Average values are
derived using median calculations. This data is not produced by
the MLS® system.