21.06% cheaper than comparables

12793 54 Ave, Surrey, BC

$2,395,000
Est. Mortgage /mo

MLS# R3068771 · Panorama Ridge

0 sqft
$2,395,000
Est. /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

Property Details & Specs

21.06% 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!

General Info

Price $2,395,000
Total Bedrooms -
Total Bathrooms -
Half Bathrooms -
Floor Area Total (sqft) -
Lot Size 23043.24
Lot Size Depth Metres
Lot Size Frontage 141.44
Basement -

Property Metrics

Year Built -
Age Of Building -
Building Type -
Property Type Land
Stories -
Structures Land Only

Additional Details

MLS® # R3068771
Building Name Panorama Ridge
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 3C1
Price per Sqft -
Gross Taxes $7,930.36
Ownership Type Freehold NonStrata
Maintenance Fee -
Fixtures Included -

Heating & Cooling

Fireplace -

Utilities

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

Parking

Total Parking Spaces -
Strata Restrictions -
Rental Restrictions -
Zoning R-1
Rental Suites -
# of Kitchens -
Locker -
View 1
View Description Crescent Beach / Mud Bay view
Units In Development -

Property Timeline

Status Date Price
R3068771 / Active 11-17-2025 $2,395,000
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.

Neighborhood & Transit Info

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
Above Average
2.44 km
8.5/10
Elementary, Secondary
Regent Christian Academy
Above Average
5.31 km
8.1/10

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

Local Info

Estimated Mortgage Calculator

/month
Principal & Interest
Property Taxes $661
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($479,000), the estimated monthly payment for this listing is $9,808/month — $9,147 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:

Estimated Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
At an estimated rental income of $6,167/month, this property runs a $3,856/month shortfall after mortgage and carrying costs. Break-even requires approximately 54% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Home Price Evaluation Chart

Beds Home Types Square Feet Lot Size Year Built
This Home $2,395,000
Surrey Loading...
Panorama Ridge Loading...
Based on 7 comparable active Lands in Panorama Ridge, the average asking price is $4,729,333. This listing is priced 49.4% below the neighbourhood average. This property is flagged as a Hot Deal (21.06% 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 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

Property FAQs

What are the closest top-rated schools to 12793 54 Avenue, Surrey, BC?
The closest top-rated schools are Colebrook Elementary School and Panorama Ridge Secondary School.
Is 12793 54 Avenue, Surrey, BC in a flood zone?
Flood risk status: No.
What is the estimated monthly mortgage and strata fee for 12793 54 Avenue, Surrey, BC?
With a standard down payment, the estimated monthly mortgage is approximately $14,370.
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

Earn Cashback

Potential Cashback for this listing if you buy with us

$0
out of $14,796
0 of 17 missions

Sign up on Estateblock.com

$740 / 5%

Buy with us & save on this property

Similar Lands for Sale in Panorama Ridge

Book a tour

Please complete the form. We will make the arrangements and give you a call, typically within 1-2 hours. Or Call Us 778-918-5990
Thank you Your message has been sent