12793 54 Ave, Surrey BC - Land for Sale - MLS# R3068771

$2,195,000
Est. Mortgage $9,711/mo
Panorama Ridge
0 sqft
8.4% price reduction, 27.56% cheaper than comparables
$2,195,000
$2,395,000
Est. $9,711/mo with 20% down
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

Photos

Property Details for 12793 54 Avenue

8.4% price reduction 27.56% cheaper than comparables

A rare chance to own a 23,059 sq ft (half-acre) Panorama Ridge ocean-view lot. This fully serviced, tree-free, R-1 zoned property offers the perfect setting to build a luxury residence—over 10,000 sq ft across three levels. Set in Surrey’s most prestigious neighborhood, it provides sweeping views toward Crescent Beach. Surrounded by multi-million-dollar estates and natural greenery. Water, storm drain and Fortis BC (gas) already brought into lot with City approved inspection and valve chambers where required; Sewer brought into lot with City approved inspection chamber on P/L and stub ready to hook up; and Approved stockpile of Engineer approved fill to match City approved grading plan already on property. A beautiful lot to build your dream home!

Exterior Features

View Description Crescent Beach / Mud Bay view
Structures Land Only

Building Details

Price $2,195,000
Property Type Land
Building Name Panorama Ridge
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available
Water (WaterSource) Public

Lot & Land

Lot Size 23043.24
Lot Size Depth Metres
Lot Size Frontage 141.44
MLS® # R3068771
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 3C1
Gross Taxes $7,930.36
Zoning R-1

Property Timeline

Status Date Price
R3068771 / Active 11-17-2025 $2,195,000

Listed by: Royal LePage - Wolstencroft & Royal LePage - Wolstencroft

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.

Map & Neighbourhood

Public Schools

Elementary
Colebrook Elementary School
0.4 km
Secondary
Panorama Ridge Secondary School
2.16 km

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

Private Schools

Elementary
St. Bernadette
2.44 km
Elementary, Secondary
Regent Christian Academy
5.31 km

Closest Transit

Bus Stop
Eastbound 56 Ave @ 128 St
0.42 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
8.75 km

Crime Rate

Total Crime Rate
Average
Violent Crime Rate
Below Average
Property Crime Rate
Average

Demographics

Post-Secondary Education
Above Average
33.1%
No Certificate/Degree
Below Average
12.1%
Owner Occupied
Below Average
52.5%
Employment Rate
Average
61.5%

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
Market Performance

Real Estate Stats for December 2025 in Surrey

FVREB Report city Level
Detached Benchmark

$1,404K

7.77% Year-over-Year

Sales (Mo.)

N/A

Active Inventory

N/A

Market Climate 's Market

Nearby Restaurants, Cafes & Shops

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 12793 54 Avenue

Mortgage Calculator for 12793 54 Avenue

/month
Principal & Interest
Property Taxes $661
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($439,000), the estimated monthly payment for this listing is $9,044/month — $8,383 principal & interest, $661 property tax.
or Call 778-918-5990
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $5,652/month, this property runs a $3,589/month shortfall after mortgage and carrying costs. Break-even requires approximately 55% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Panorama Ridge, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,195,000
Surrey Loading...
Panorama Ridge Loading...

Based on 8 comparable active properties in Panorama Ridge, the average asking price is $2,642,900. This listing is priced 16.9% below the neighbourhood average. This property is flagged as a Hot Deal (8.4% price reduction, 27.56% cheaper than comparables) based on its competitive pricing and market demand.

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 Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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