Panorama Ridge · Surrey · BC
12921 56 Avenue
Single Family Residence · For sale
Asking
$4,500,000
MLS® R3150097
- Bedrooms
- 5
- Bathrooms
- 3
- Interior
- 3,380 sqft
- Lot
- 70,131.6 sqft
- Built
- 1935
- Parking
- 4
The home
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!
Facts & features
Costs
- Gross taxes (2026)
- $13,354
The property
- Title
- Freehold NonStrata
- Storeys
- 2
- Levels
- Two
- Basement
- None
- Fireplaces
- 2
Listed by RE/MAX Treeland Realty
Copyright © 2026 Chilliwack & District Real Estate Board, Fraser Valley Real Estate Board and/or Greater Vancouver REALTORS®. All rights reserved.
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 assume no responsibility for its accuracy.
The numbers
What this home might cost per month.
Estimated payment
$20,428/mo
- Mortgage amount
- $3,600,000
- Down payment
- $900,000
Principal & interest only, compounded semi-annually as Canadian fixed mortgages are. Excludes property tax, strata, and insurance. An estimate — not a pre-approval.
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