If you are looking for a farm land BUSINESS and an INVESTMENT PROPERTY! You have to see this gorgeous 10.00 acres farm land located in 40th Avenue and a lot away from 152 Street. Easy access to lower mainland area & Hwy 99. Very close to Morgan Creek Golf Course - one of the best Golf Course in Fraser Valley. The 2,194 sqft home features 4 beds and 2 baths plus 7,000 sqft WAREHOUSE! 4 qualified CANNABIS. GROWING LICENSES, 3 phase power and rich soil ideal for nursery business and other uses, all fall under A-1 Agricultural zoning. Nicmekl River separates this farm land from Rosemary Heights. Don't miss this opportunity!
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Electric |
| Laundry | In Unit |
| # of Kitchens | 1 |
| Flooring | Wall/Wall/Mixed |
| Foundation | Slab |
| Exterior Features | No Outdoor Area |
|---|---|
| Roof | Asphalt |
| Structures | Residential Detached |
| Price | $3,488,800 |
|---|---|
| Total Bedrooms | 4 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 2194 |
| Year Built | 1969 |
| Age Of Building | 57 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 2 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Well Drilled |
| Parking Type | Open |
| Rental Suites | None |
| Lot Size | 9.997 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 985 |
| MLS® # | R3097486 |
| Area | South Surrey White Rock |
| Neighbourhood | Morgan Creek |
| City | Surrey |
| Postal Code | V3Z 1E6 |
| Gross Taxes | $7,150.07 |
| Zoning | A-1 |
| Status | Date | Price |
|---|---|---|
| R3097486 / Active | 03-09-2026 | $3,488,800 |
| to view full Property History (2 earlier records) | ||
| Floor | Type | Dimensions |
|---|---|---|
| Above Level | Living Room | 14'0 x 14'0 ft |
| Above Level | Hobby Room | 14'0 x 14'0 ft |
| Above Level | Primary Bedroom | 12'5 x 12'5 ft |
| Above Level | Bedroom | 9'0 x 9'0 ft |
| Above Level | Bedroom | 9'0 x 9'0 ft |
| Main Level | Kitchen | 25'0 x 25'0 ft |
| Main Level | Office | 13'0 x 13'0 ft |
| Main Level | Mud Room | 10'0 x 10'0 ft |
| Main Level | Bedroom | 14'0 x 14'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #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.
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
15442 40 Avenue has a sell-speed score of 30/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 158.2% above comparable active properties in Morgan Creek. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 1E6, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Located within a designated flood hazard area. Higher likelihood of localized high-water events 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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~9.8 km). Annual avg AQHI 1.8 — 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.
5 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Rosemary Heights Elementary School |
Public |
Grades ServedK-7
|
Catchment InfoIn Catchment
|
6.8 / 10 |
Distance864 m
|
Morgan Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.2 / 10 |
Distance1.33 KM
|
Semiahmoo Trail Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
7.3 / 10 |
Distance2.47 KM
|
Sunnyside Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
6.3 / 10 |
Distance2.49 KM
|
Southridge School |
Independent |
Grades ServedK-12
|
Catchment Info—
|
10.0 / 10 |
Distance2.93 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,559,000 | $133,000 | $2,692,000 | — |
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Rent vs own
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Comparable data is unavailable at the neighbourhood level. City-wide in Surrey, similar Single Family Residences average $1,351,333 across 24 active listings — this listing is 158.2% above the Surrey average.
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