12862 54a Ave, Surrey BC - Single Family Residence for Sale - MLS# R3151013

59 days on the market
$2,798,000
Est. Mortgage $12,378/mo
Listing updated:
EstateBlock checked:
10 Beds
10 Baths
6971 sqft
401 $ /sqft
2020 built
6.7% price reduction
59 days on the market
$2,798,000
$2,998,000
Est. $12,378/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 12862 54a Avenue

6.7% price reduction

The Ultimate Private Resort!!Rare Opulence on the Ridge – Private Sanctuary. Experience the pinnacle of Panorama Ridge living in this custom-built masterpiece. Situated on an expansive 0.76-acre lush lot, this estate offers unparalleled privacy and a resort-style lifestyle. The grand foyer leads to an open-concept floor plan designed for hosting, featuring a chef-inspired kitchen and huge windows. 10 beds including 5 master bedrooms, 10 bath, steam room, private Gym, huge media room. Multiple decks for water view. The backyard is a true private oasis, meticulously designed for recreation and relaxation. Host a tournament on a Private putting green, basketball and badminton/volleyball courts. Landscaped with a variety of mature fruit trees offering a park-like setting for summer soirées.

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave, Oven
Interior Features Storage, Pantry, Central Vacuum, Wet Bar
Fireplace 2
Heating Type Natural Gas, Radiant
Cooling Central Air, Air Conditioning
Laundry In Unit
# of Kitchens 4
Flooring Wall/Wall/Mixed
Foundation Concrete Perimeter

Exterior Features

Exterior Features Balcony
View Description Mud Bay/Crescent Beach view
Roof Torch-On
Structures Residential Detached

Building Details

Price $2,798,000
Total Bedrooms 10
Total Bathrooms 10
Full Bathrooms 9
Half Bathrooms 1
Floor Area Total (sqft) 6971
Year Built 2020
Age Of Building 6
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Septic Tank, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Triple, Front Access, Garage Door Opener
Total Parking Spaces 10
Rental Suites Legal Suite,Unauthorized Suite

Lot & Land

Lot Size 33105
Lot Size Depth Feet
Lot Size Frontage 97
MLS® # R3151013
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 3C9
Gross Taxes $9,928.33
Zoning R1

Property Timeline

Status Date Price
R3151013 / Active 07-30-2026 $2,798,000
Rooms
Floor Type Dimensions
Main Level Foyer 10' x 10' ft
Main Level Living Room 14'6 x 14'6 ft
Main Level Dining Room 16'4 x 16'4 ft
Main Level Den 11'3 x 11'3 ft
Main Level Family Room 27'11 x 27'11 ft
Main Level Nook 11'5 x 11'5 ft
Main Level Kitchen 17'11 x 17'11 ft
Main Level Wok Kitchen 9'3 x 9'3 ft
Main Level Primary Bedroom 17'6 x 17'6 ft
Main Level Pantry 3'8 x 3'8 ft
Bathrooms
Floor Ensuite Pieces
Main Level Yes #3
Main Level No #2
Above Level Yes #5
Above Level No #3
Above Level Yes #3

Listed by: eXp Realty of Canada Inc.

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
Average 0.57 km 5.4/10

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

Private Schools

Elementary
Al-Mustafa School
0.68 km
Elementary,Secondary
Regent Christian Online Academy
Above Average 5.09 km 8.2/10

Closest Transit

Bus Stop
Westbound 56 Ave @ 128 St
0.36 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
8.59 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
Possible

Other

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

Sell Speed & Competition

No data
Overall sell-speed score
Moderate pace expected
—
Price competition grade
No comparable data
—
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 8.59 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Possible — power corridor nearby
ALR (Agricultural Land Reserve)
No — not in ALR
How PANORAMA RIDGE compares
This property
59 DOM
Listed
Panorama Ridge avg
—
—
Surrey avg
—
—

12862 54a Avenue has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3X 3C9

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 3C9, 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 (~6.8 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

Transit (1 nearby)

  • Bus stop eastbound new mclellan rd @ 124 st · 972 m · Transit

Schools NearBy

13 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Colebrook Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.4 / 10

Distance

565 m

Al-Mustafa School

Independent

Grades Served

—

Catchment Info

—
0

Distance

677 m

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.30 KM

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

1.49 KM

North Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.4 / 10

Distance

1.92 KM

Boundary Park Elementary

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

2.08 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

2.30 KM

St Bernadette

Independent

Grades Served

—

Catchment Info

—
8.6 / 10

Distance

2.35 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.6 / 10

Distance

2.38 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

2.43 KM

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

2.44 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

2.51 KM

Pinewood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.69 KM

Walkability & Transit Near 12862 54a Avenue

Walk Score Badge
Car-Dependent 21

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 12862 54a Avenue

2026 assessed value, sourced from City of Surrey open data (PID 009-912-461).
Total Assessed Value (2026)
$2,325,000
2026 Value Trend
Land
$1,291,000
Buildings
$1,034,000
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,291,000 $1,034,000 $2,325,000 —

Mortgage Calculator for 12862 54a Avenue

/month
Principal & Interest
Property Taxes $827
Maintenance fee 0
A 20% down payment of $559,600 on this $2,798,000 listing yields an estimated mortgage of $10,686/month (30-year fixed, 4%). Total estimated housing cost: $11,513/month, $827 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%
Cap Rate
Cash on Cash
With $7,710/month in estimated rental income against $11,746/month in mortgage payments, the monthly cashflow is -$4,036/month. A 51% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 12862 54a Avenue, Surrey

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

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Principal paid off by year 5 —
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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.

Price vs Neighbourhood Average — Panorama Ridge, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,798,000
Surrey Loading...
Panorama Ridge Loading...

No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market. This property is flagged as a Hot Deal (6.7% price reduction) 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

Call or Text Now!

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 13+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 12862 54a Avenue

Walk Score Badge
Car-Dependent 21

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
21

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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