Home Surrey, BC Panorama Ridge 12038 59 Avenue

12038 59 Ave, Surrey BC - Single Family Residence for Sale - MLS# R3113665

142 days on the market

$1,549,900

Est. Mortgage $6,857/mo

Listing updated: Jul 29, 2026 at 07:33pm

EstateBlock checked: Sep 5, 2026 at 11:45pm

6 Beds

6 Baths

4362 sqft

355 $ /sqft

2004 built

17.2% cheaper than comps

142 days on the market

$1,549,900

Est. $6,857/mo with 20% down

Listing updated: Jul 29, 2026 at 07:33pm

EstateBlock checked: Sep 5, 2026 at 11:45pm

Photos

Exterior Front Photo of 12038 59 Avenue, Surrey, BC

Exterior Rear Photo of 12038 59 Avenue, Surrey, BC

Living Room Photo of 12038 59 Avenue, Surrey, BC

Family Room Photo of 12038 59 Avenue, Surrey, BC

Dining Area Photo of 12038 59 Avenue, Surrey, BC

Kitchen Photo of 12038 59 Avenue, Surrey, BC

Kitchen Island Photo of 12038 59 Avenue, Surrey, BC

Pantry Photo of 12038 59 Avenue, Surrey, BC

Breakfast Nook Photo of 12038 59 Avenue, Surrey, BC

Primary Bedroom Photo of 12038 59 Avenue, Surrey, BC

Custom-built luxury home in prestigious Boundary Park offering over 4,300 sq. ft. of elegant living space. Features 6 bedrooms and 6 bathrooms, 9’ ceilings, maple hardwood floors, and a bright vaulted great room. The main floor includes a butler’s pantry connecting to a formal dining room.. Upstairs offers 4 large bedrooms. Fully finished basement with separate entry. Easily convert to a 2-bedroom, suite as a mortgage helper. . Durable tile roof, in-ground sprinklers, quiet upscale location with quick highway access.

Interior Features

Basement Finished Area (sqft)	1446
Basement Features	Finished, Exterior Entry
Fireplace	3
Heating Type	Electric, Forced Air
Laundry	In Unit
# of Kitchens	1
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Balcony, Private Yard
Roof	Concrete
Structures	Residential Detached

Building Details

Price	$1,549,900
Total Bedrooms	6
Total Bathrooms	6
Full Bathrooms	4
Half Bathrooms	2
Floor Area Total (sqft)	4362
Year Built	2004
Age Of Building	22
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Water Connected
Utility Sewer	Public Sewer
Water (WaterSource)	Public
Parking Type	Garage Double, Front Access
Total Parking Spaces	6
Rental Suites	Other

Lot & Land

Lot Size	6577
Lot Size Depth	Feet
Lot Size Frontage	50
MLS^® #	R3113665
Area	Surrey
Neighbourhood	Panorama Ridge
City	Surrey
Postal Code	V3X 3L3
Gross Taxes	$6,531.63
Zoning	R3

Property Timeline

Status	Date	Price
R3113665 / Active	04-17-2026	$1,549,900
to view full Property History (4 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Living Room	14' x 14' ft
Main Level	Dining Room	11'7 x 11'7 ft
Main Level	Kitchen	14'4 x 14'4 ft
Main Level	Eating Area	10'5 x 10'5 ft
Main Level	Family Room	14'4 x 14'4 ft
Main Level	Laundry	8' x 8' ft
Main Level	Foyer	10' x 10' ft
Above Level	Primary Bedroom	16' x 16' ft
Above Level	Walk-In Closet	8' x 8' ft
Above Level	Bedroom	12' x 12' ft
Above Level	Bedroom	15'11 x 15'11 ft
Above Level	Bedroom	11' x 11' ft
Basement Level	Recreation Room	23'9 x 23'9 ft
Basement Level	Eating Area	11' x 11' ft
Basement Level	Bedroom	10'6 x 10'6 ft
Basement Level	Walk-In Closet	6' x 6' ft
Basement Level	Bedroom	11'4 x 11'4 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#2
Above Level	Yes	#5
Above Level	Yes	#5
Above Level	No	#4
Basement	No	#4

Listed by: RE/MAX Performance 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.

Map & Neighbourhood

Public Schools

Secondary
Tamanawis Secondary School: Average 1.97 km 5.6/10

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

Private Schools

Elementary
Al-Mustafa School: 1.37 km
Elementary,Secondary
Regent Christian Online Academy: Above Average 6.43 km 8.2/10

Closest Transit

Bus Stop
Northbound Scott Rd @ Hwy 10: 0.05 km
Skytrain
Skytrain @ Green Timbers Station ( Under Construction till 2029): 8.67 km

Crime Rate

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

Demographics

Post-Secondary Education: Below Average 21.6%
No Certificate/Degree: Average 13.4%
Owner Occupied: Below Average 42.7%
Employment Rate: Below Average 52.1%

Noise/ Power Lines

Road/Hwy Noise: Possible
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

Sell Speed & Competition

64 / 100

Overall sell-speed score

Moderate pace expected

Price competition grade

Avg comparable: $1,816,483

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Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 8.67 km from station

Road / Highway noise

Possible — major road nearby

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How PANORAMA RIDGE compares

This property

142 DOM

Listed

Panorama Ridge avg

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Surrey avg

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12038 59 Avenue has a sell-speed score of 64/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 17.2% below comparable active properties in Panorama Ridge, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3X 3L3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 3L3, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).

Flood Lower Risk

Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.

Fire Low

Located within the "Vancouver" WUI zone (Risk Class 5 — Low). Based on BC Wildfire Service provincial WUI Risk Class mapping; not a site-specific assessment.

Air Quality A / Excellent

Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~5.5 km). Annual avg AQHI 2.1 — Low Risk.

Heat Moderate

Surrey currently sees ~1 day above 30 °C per year (1981–2010 baseline), projected to rise to ~8 by the 2050s (SSP2-4.5 moderate emissions). Hottest day of the year: ~30 °C baseline, ~32.5 °C projected. Tropical nights (>18 °C): ~0 baseline, ~3 projected.

Precipitation Increasing

Annual precipitation ~1516 mm (1981–2010 baseline), projected ~1574 mm by the 2050s. Extreme 1-day rainfall: ~51.5 mm baseline, ~57.1 mm projected. Values vary modestly across the Lower Mainland.

Drought Stable

Longest annual dry spell (consecutive dry days): ~23 days baseline, ~24 days projected for the 2050s. CDD is used as a regional drought proxy; drought risk varies modestly across the Lower Mainland.

Nearby Restaurants, Cafes & Shops

Shopping (3 nearby)

Pharmasave · 947 m · Pharmacy
Great clips · 984 m · Hairdresser
Coast capital savings · 996 m · Bank

Groceries (1 nearby)

Superior produce · 993 m · Greengrocer

Restaurants (1 nearby)

Green lettuce restaurant · 950 m · Restaurant

Healthcare (1 nearby)

Pharmasave · 947 m · Healthcare

Transit (1 nearby)

Bus stop southbound scott rd @ 64 ave · 990 m · Transit

Schools NearBy

15 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Pinewood Elementary School	Public	Grades Served K-7	Catchment Info —	6.0 / 10	Distance 800 m
J T Brown Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 1.03 KM
Boundary Park Elementary	Public	Grades Served —	Catchment Info —	6.5 / 10	Distance 1.08 KM
Al-Mustafa School	Independent	Grades Served —	Catchment Info —	0	Distance 1.38 KM
Colebrook Elementary School	Public	Grades Served K-7	Catchment Info —	5.4 / 10	Distance 1.47 KM
Beaver Creek Elementary School	Public	Grades Served K-7	Catchment Info —	4.0 / 10	Distance 1.49 KM
Panorama Park Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 1.85 KM
Tamanawis Secondary School	Public	Grades Served 8-12	Catchment Info In Catchment	5.6 / 10	Distance 1.97 KM
Sunshine Hills Elementary School	Public	Grades Served K-7	Catchment Info —	6.2 / 10	Distance 2.28 KM
Cougar Canyon Elementary	Public	Grades Served —	Catchment Info —	6.7 / 10	Distance 2.39 KM
Seaquam Secondary	Public	Grades Served —	Catchment Info —	7.2 / 10	Distance 2.39 KM
Martha Jane Norris Elementary School	Public	Grades Served K-7	Catchment Info —	4.4 / 10	Distance 2.39 KM
Cougar Creek Elementary School	Public	Grades Served K-7	Catchment Info —	4.5 / 10	Distance 2.43 KM
St. Bernadette	Independent	Grades Served K-7	Catchment Info —	8.6 / 10	Distance 2.67 KM
St Bernadette	Independent	Grades Served —	Catchment Info —	8.6 / 10	Distance 2.68 KM

Walkability & Transit Near 12038 59 Avenue

Car-Dependent 54

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot

Some Transit 42

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 12038 59 Avenue

2026 assessed value, sourced from City of Surrey open data (PID 025-689-606).

Total Assessed Value (2026)

$1,729,000

2026 Value Trend

Land

$1,173,000

Buildings

$556,000

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,173,000	$556,000	$1,729,000	—

Mortgage Calculator for 12038 59 Avenue

Home Price

Down Payment

Down Payment (percent)

Interest Rate

Loan Type

/month

Principal & Interest

Property Taxes $544

Maintenance fee 0

Financing 80% of the $1,549,900 asking price over 30 years at 4% results in approximately $6,464/month in total estimated carrying costs, $544 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: Jul 29, 2026

Investment Cashflow Calculator

Property Tax (Monthly)

Basic Insurance Cost

Rental Income

Vacancy Rate

Down Payment

Down Payment (percent)

/month

Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

This listing generates an estimated $3,943/month in rental income, leaving a -$2,683/month cashflow at current carrying costs. Investors targeting break-even would need roughly 57% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 12038 59 Avenue, Surrey

Buy Vs Rent Calculator

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Approximate estimates for informational purposes only, not financial advice. Assumes a new 30-year fixed mortgage at the rate shown; actual rent, payments, and equity will vary by loan terms and market conditions. Consult a licensed professional before deciding.