5479 124b St, Surrey, BC, MLS® R3058097

$2,899,999
Est. Mortgage /mo

$2,899,999
Est. Mortgage /mo
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now
7 Beds
7 Baths
2 Stories
lot 20037 sqft
7352 sqft
2006 built
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5479 124b St, Surrey, BC | MLS® R3058097 Property Details

PANORAMA RIDGE CUSTOM LUXURY ESTATE! This home is over 7000 sqft and sits on a rare 20,000 sqft lot in one of Surrey’s most prestigious neighborhoods. Surrounded by nature and total tranquility, this home has 7 bedrooms + large office (with separate entrance) and 7 bathrooms. The main floor features high ceilings, elegant living and dining areas, spacious family room, gourmet chef’s kitchen, and a beautiful primary suite with a spa inspired ensuite and walk-in closet. Upstairs you have 3 spacious bedrooms, all with ensuites and walk-in closets. The basement is an entertainer’s dream with a massive rec room, bar, theatre, and 3 additional bedrooms with separate entrance. Beautifully landscaped yard, triple garage and lots of parking. Centrally located easy access to all highways.

General Info

Price $2,899,999
Total Bedrooms 7
Total Bathrooms 6
Half Bathrooms 1
Floor Area Total (sqft) 7352
Lot Size 20037
Lot Size Depth Feet
Lot Size Frontage 47.01
Basement Exterior Entry
Basement Features BasementFeatures

Property Metrics

Year Built 2006
Age Of Building 19
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3058097
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Gross Taxes $11,162.93
Ownership Type Freehold NonStrata
Maintenance Fee -

Heating & Cooling

Fireplace 4
Heating Type Forced Air, Natural Gas, Radiant
Cooling Central Air

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected
Utility Sewer Community, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Garage Triple, Front Access, Side Access
Total Parking Spaces 9

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Strata Restrictions -
Rental Restrictions -
Zoning RH
Rental Suites Unauthorized Suite
Laundry In Unit
# of Kitchens 3
Foundation Concrete Perimeter
Interior Features Storage
Locker -
View Description -
Units In Development -
Exterior Features Balcony
Sewer Community, Sanitary Sewer, Storm Sewer
Roof Metal, Concrete

Property History

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Status Date Price
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Listed by: Keller Williams Ocean Realty

NOTE: This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Greater Vancouver REALTORS® which assumes no responsibility for its accuracy.

Neighborhood Info

Public Schools

Elementary
Colebrook Elementary School
0.28 km
Secondary
Panorama Ridge Secondary School
2.38 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
St. Bernadette
2.55 km
Elementary, Secondary
Regent Christian Academy
5.82 km

Closest Transit

Translink
Eastbound New McLellan Rd @ 124 St
0.21 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
8.99 km

Noise/ Power Lines

Road/Hwy Noise
Unlikely
Railway/Sky train Noise
Unlikely
Airport/Port Noise
Unlikely
Close to major Power Lines
Unlikely

Other

Agricultural Land Reserve (ALR)
Unlikely
Flood Area
Unlikely
Close to Cemeteries
Unlikely

Welcome to 5479 124b Street, a charming community in Surrey, BC, where you'll find the perfect blend of family-friendly amenities and easy access to city life. I'm your trusted realtor, here to guide you through the neighborhood's highlights.

Education

As a parent, you'll be pleased to know that your kids will attend top-rated schools in the area. The property, nestled at 5479 124b Street, Surrey, BC (MLS® R3058097), is conveniently located just 0.28 km from Colebrook Elementary School, which has a No Rating, but you can expect a strong focus on community values. Panorama Ridge Secondary School is also nearby, about 2.38 km away, with a No Rating. For those seeking private education, St. Bernadette Elementary Independent School, with a rating of 8.5/10, is 2.55 km away, while Regent Christian Academy, rated 8.1/10, is 5.82 km from your doorstep.

Safety

Let's talk about safety. According to the latest crime data from Statistics Canada (2020), this neighborhood has an overall crime rate of 7,512.73, which is Average compared to other Canadian cities. With a rate of 44,976 incidents per 100,000 population, you'll enjoy peace of mind knowing that your community is relatively safe. If you're concerned about drug-related crimes, note that the rating is Above Average, with 2,339 incidents in 2020. However, the year-over-year change is positive at 16.32%. Property crimes are Average, with 22,427 incidents in 2020, and the year-over-year change is -16.98%. Violent crimes are Below Average, with 1,310.25 incidents per 100,000 population, and a year-over-year change of -11.37%.

Lifestyle Amenities

This community is perfect for outdoor enthusiasts, with parks, beaches, and trails nearby. You'll find the Eastbound New McLellan Rd @ 124 St bus station just 0.21 km away, making it easy to explore the city or commute to work.

Demographics

Surrey's Panorama Ridge neighborhood is a diverse community with a high percentage of university certificate/degree holders (33.1%), which is High compared to other BC neighborhoods. Meanwhile, 12.1% of the population has no certificate or degree, which is Low compared to the average in BC. The median household income is $138,459, which is High compared to the British Columbia average. Additionally, the median personal income is $43,264, also High compared to the BC average.

Transit and Commuting

You'll appreciate the convenient access to public transportation, with the Eastbound New McLellan Rd @ 124 St bus station nearby. Unemployment rates are Low at 2.2%, and population growth is Above Average at 3.6% between 2011 and 2016.

Real Estate Context

The average dwelling value in this neighborhood is $1,600,130, which is High compared to other areas in British Columbia. Average owner payments are High at $2,139, while tenants pay $1,761 on average. With 11% of the population renting, this is Below Average compared to other BC cities.

Language and Transportation

The community is predominantly English-speaking, with 89.9% of residents speaking only English. However, 4.4% of the population speaks neither English nor French, which is High compared to other BC cities.

In summary, 5479 124b Street, Surrey, BC (MLS® R3058097) offers a unique blend of family-friendly amenities, easy access to city life, and a strong sense of community. As your trusted realtor, I invite you to experience this charming neighborhood for yourself.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $2,899,999
Surrey $2,830,111
Panorama Ridge No comparables
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy

Listing Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
Data is based on list prices of similar active listings. This representation is based in whole or in part on data generated by the Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board or Real Estate Board of Greater Vancouver which assumes no responsibility for its accuracy
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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