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!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer |
| Fireplace | 2 |
| Heating Type | Natural Gas |
| # of Kitchens | 1 |
| Flooring | Mixed |
| Foundation | Concrete Perimeter |
| Exterior Features | Private Yard |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $4,500,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 3 |
| Full Bathrooms | 3 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 3380 |
| Year Built | 1935 |
| Age Of Building | 91 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Building Name | Panorama Ridge |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Public |
| Parking Type | Garage Double |
| Total Parking Spaces | 4 |
| Rental Suites | None |
| Lot Size | 1.61 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 107 |
| MLS® # | R3150097 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3W 2P4 |
| Gross Taxes | $13,354.16 |
| Zoning | R1 |
| Status | Date | Price |
|---|---|---|
| R3150097 / Active | 07-27-2026 | $4,500,000 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Living Room | 22' x 22' ft |
| Main Level | Dining Room | 16' x 16' ft |
| Main Level | Kitchen | 14' x 14' ft |
| Main Level | Nook | 9'6 x 9'6 ft |
| Main Level | Other | 14'5 x 14'5 ft |
| Main Level | Utility | 22' x 22' ft |
| Main Level | Foyer | 7'6 x 7'6 ft |
| Main Level | Primary Bedroom | 24' x 24' ft |
| Main Level | Bedroom | 14'6 x 14'6 ft |
| Main Level | Bedroom | 13' x 13' ft |
| Main Level | Bedroom | 13'6 x 13'6 ft |
| Main Level | Bedroom | 15'8 x 15'8 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: RE/MAX Treeland 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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
12921 56 Avenue has a sell-speed score of 48/100, 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.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3W 2P4, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~6.5 km). Annual avg AQHI 2.1 — Low Risk.
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.
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.
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.
18 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Colebrook Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
5.4 / 10 |
Distance792 m
|
Al-Mustafa School |
Independent |
Grades Served—
|
Catchment Info—
|
N/A |
Distance884 m
|
J T Brown Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.0 / 10 |
Distance1.10 KM
|
Panorama Park Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.5 / 10 |
Distance1.11 KM
|
North Ridge Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.4 / 10 |
Distance1.55 KM
|
Boundary Park Elementary |
Public |
Grades Served—
|
Catchment Info—
|
6.5 / 10 |
Distance1.85 KM
|
St. Bernadette |
Independent |
Grades ServedK-7
|
Catchment Info—
|
8.6 / 10 |
Distance1.90 KM
|
St Bernadette |
Independent |
Grades Served—
|
Catchment Info—
|
8.6 / 10 |
Distance1.96 KM
|
Tamanawis Secondary School |
Public |
Grades Served8-12
|
Catchment Info—
|
5.6 / 10 |
Distance2.04 KM
|
Martha Jane Norris Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.4 / 10 |
Distance2.05 KM
|
Henry Bose Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.8 / 10 |
Distance2.11 KM
|
Beaver Creek Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.0 / 10 |
Distance2.17 KM
|
Pinewood Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.0 / 10 |
Distance2.60 KM
|
Gabrielle-Roy |
Public |
Grades Served—
|
Catchment Info—
|
6.1 / 10 |
Distance2.65 KM
|
Woodward Hill Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
4.7 / 10 |
Distance2.81 KM
|
McLeod Road Traditional School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.2 / 10 |
Distance2.91 KM
|
W E Kinvig Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
3.2 / 10 |
Distance2.96 KM
|
Hyland Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
5.0 / 10 |
Distance2.99 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $3,302,000 | $99,200 | $3,401,200 | — |
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