12982 57b Ave, Surrey BC - Land for Sale - MLS# R3151138

61 days on the market
$2,225,000
Est. Mortgage $9,843/mo
Listing updated:
EstateBlock checked:
0 sqft
61 days on the market
$2,225,000
Est. $9,843/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 12982 57b Avenue

Rare opportunity to build a landmark estate in prestigious Panorama Ridge. This 28,000 sq. ft. fully serviced, ready-to-build lot features over 100 feet of frontage and a south-facing backyard. Build a custom home of over 13,000 sq. ft. on three levels with a walk-out basement. A new build may also offer potential second-level ocean views (buyer to verify with architect/designer). An exceptional setting surrounded by luxury homes, close to top schools, parks, golf, shopping, and major routes.

Exterior Features

Structures Land Only

Building Details

Price $2,225,000
Property Type Land
Ownership Type Freehold NonStrata
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone At Lot Line, Cable At Lot Line
Water (WaterSource) Public

Lot & Land

Lot Size 28019
Lot Size Depth Feet
Lot Size Frontage 105
MLS® # R3151138
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 2P8
Gross Taxes $7,477
Zoning R1

Property Timeline

Status Date Price
R3151138 / Active 07-29-2026 $2,225,000

Listed by: Medallion International Realty Ltd.

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 1.03 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
1.11 km
Elementary,Secondary
Regent Christian Online Academy
Above Average 4.61 km 8.2/10

Closest Transit

Bus Stop
Eastbound 56 Ave @ Coulthard Rd
0.29 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
7.92 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 21.4%
No Certificate/Degree
Above Average 21.8%
Owner Occupied
Above Average 74.7%
Employment Rate
Above Average 77.2%

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

Sell Speed & Competition

33 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $1,666,525
—
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 7.92 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PANORAMA RIDGE compares
This property
61 DOM
Listed
Panorama Ridge avg
—
—
Surrey avg
—
—

12982 57b Avenue has a sell-speed score of 33/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 25.1% above comparable active properties in Panorama Ridge. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3X 2P8

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 2P8, 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 (~6.4 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 westbound 56 ave @ 125a st · 996 m · Transit

Schools NearBy

19 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.5 / 10

Distance

879 m

Colebrook Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.4 / 10

Distance

1.03 KM

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

1.06 KM

Al-Mustafa School

Independent

Grades Served

—

Catchment Info

—
0

Distance

1.11 KM

North Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.4 / 10

Distance

1.30 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

—
8.6 / 10

Distance

1.63 KM

St Bernadette

Independent

Grades Served

—

Catchment Info

—
8.6 / 10

Distance

1.68 KM

Boundary Park Elementary

Public

Grades Served

—

Catchment Info

—
6.5 / 10

Distance

1.75 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.4 / 10

Distance

1.80 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.6 / 10

Distance

1.83 KM

Henry Bose Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.8 / 10

Distance

1.83 KM

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.0 / 10

Distance

2.02 KM

Gabrielle-Roy

Public

Grades Served

—

Catchment Info

—
6.1 / 10

Distance

2.38 KM

Pinewood Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.0 / 10

Distance

2.61 KM

Woodward Hill Elementary School

Public

Grades Served

K-7

Catchment Info

—
4.7 / 10

Distance

2.63 KM

W E Kinvig Elementary School

Public

Grades Served

K-7

Catchment Info

—
3.2 / 10

Distance

2.68 KM

McLeod Road Traditional School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

2.69 KM

Hyland Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.0 / 10

Distance

2.73 KM

Princess Margaret Secondary School

Public

Grades Served

8-12

Catchment Info

—
5.2 / 10

Distance

2.93 KM

Walkability & Transit Near 12982 57b Avenue

Walk Score Badge
Car-Dependent 15

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 12982 57b Avenue

2026 assessed value, sourced from City of Surrey open data (PID 032-193-815).
Total Assessed Value (2026)
$2,021,000
2026 Value Trend
Land
$2,021,000
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,021,000 $0 $2,021,000 —

Mortgage Calculator for 12982 57b Avenue

/month
Principal & Interest
Property Taxes $623
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $9,121/month in total housing costs on this $2,225,000 property — $8,498 mortgage payment, $623 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
Based on $5,443/month estimated rent and $9,321/month in total housing costs, this property has a -$3,878/month cashflow. Break-even down payment: approximately 57%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 12982 57b 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 —
Principal paid off by year 10 —

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 $2,225,000
Surrey Loading...
Panorama Ridge Loading...

Based on 9 comparable active properties in Panorama Ridge, the average asking price is $1,778,000. This listing is priced 25.1% above the neighbourhood average.

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

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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 12982 57b Avenue

Walk Score Badge
Car-Dependent 15

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 32

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
39

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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