Grandview Heights Acreage with Future Development Potential Welcome to this rare opportunity in the highly sought-after Grandview Heights, South Surrey! Situated on a sprawling 1.23 acre lot, this property offers incredible holding value + future development potential in one of the fastest-growing areas of the Lower Mainland. The well-maintained home features 5 bedrooms, 3 bathrooms, and 2,664 sqft of living space, making it perfect for families, investors, or those looking to live while planning future development. Development Potential: With rezoning, this property may offer the possibility to subdivide into 2 lots — or potentially 4 lots, subject to city approval. Surrounded by ongoing development and new construction, this is a prime opportunity to secure land in a rapidly

Interior Features

Basement Finished Area (sqft)	0
Basement Features	Crawl Space
Appliances Included	Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features	Storage
Fireplace	2
Heating Type	Forced Air, Natural Gas
# of Kitchens	1
Flooring	Wall/Wall/Mixed
Foundation	Concrete Perimeter

Exterior Features

Exterior Features	Garden, Balcony, Private Yard
View Description	North Shore Mountain& Pastoral
Roof	Asphalt
Structures	Residential Detached

Building Details

Price	$2,688,000
Total Bedrooms	5
Total Bathrooms	3
Full Bathrooms	3
Half Bathrooms	0
Floor Area Total (sqft)	2664
Year Built	1980
Age Of Building	46
Building Type	Single Family Residence
Property Type	Residential
Stories	2
Building Name	Grandview Heights
Ownership Type	Freehold NonStrata
Community Features	Shopping Nearby
Utility Type	Electricity Connected, Natural Gas Connected
Utility Sewer	Septic Tank
Water (WaterSource)	Well Shallow
Parking Type	Additional Parking, Garage Single, RV Access/Parking, Front Access, Asphalt, Garage Door Opener
Total Parking Spaces	10
Rental Suites	None

Lot & Land

Lot Size	1.2296
Lot Size Depth	Feet
Lot Size Frontage	152
MLS^® #	R3159140
Area	South Surrey White Rock
Neighbourhood	Grandview Surrey
City	Surrey
Postal Code	V3S 0A6
Gross Taxes	$12,842.61
Zoning	RA

Property Timeline

Status	Date	Price
R3159140 / Active	08-26-2026	$2,688,000
to view full Property History (2 earlier records)

Rooms

Floor	Type	Dimensions
Main Level	Dining Room	13' x 13' ft
Main Level	Living Room	19'9 x 19'9 ft
Main Level	Kitchen	12'6 x 12'6 ft
Main Level	Eating Area	9'11 x 9'11 ft
Main Level	Family Room	16'5 x 16'5 ft
Main Level	Bedroom	10'10 x 10'10 ft
Main Level	Bedroom	10'10 x 10'10 ft
Main Level	Study	18'2 x 18'2 ft
Main Level	Laundry	10'11 x 10'11 ft
Above Level	Primary Bedroom	16'3 x 16'3 ft
Above Level	Bedroom	10'9 x 10'9 ft
Above Level	Bedroom	10'9 x 10'9 ft

Bathrooms

Floor	Ensuite	Pieces
Main Level	No	#3
Above Level	No	#3
Main Level	Yes	#3

Listed by: RE/MAX Performance Realty & 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
Pacific Heights Elementary School: Average 1.18 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, Secondary
Southridge School: Above Average 2.02 km 9.6/10
Elementary, Secondary
Southridge School: Above Average 2.02 km 9.6/10

Closest Transit

Bus Stop
Westbound 24 Ave @ 168 St: 1.48 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029): 8.13 km

Crime Rate

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

Demographics

Post-Secondary Education: Average 27.5%
No Certificate/Degree: Below Average 9.4%
Owner Occupied: Below Average 58.7%
Employment Rate: Average 57.9%

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

No data

Overall sell-speed score

Moderate pace expected

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Price competition grade

No comparable data

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Market conditions

Market conditions unavailable

Flood Risk (FEMA/BC)

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 8.13 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 GRANDVIEW SURREY compares

This property

11 DOM

Listed

Grandview Surrey avg

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Surrey avg

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16881 31 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.

Climate Risk for V3S 0A6

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3S 0A6, 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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~9.3 km). Annual avg AQHI 1.8 — 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.

Schools NearBy

5 Schools are within 3km

School	Type	Grades Served	Catchment Info	Rating	Distance
Pacific Heights Elementary School	Public	Grades Served K-7	Catchment Info In Catchment	5.6 / 10	Distance 1.18 KM
Sunnyside Elementary School	Public	Grades Served K-7	Catchment Info —	6.3 / 10	Distance 2.02 KM
Southridge School	Independent	Grades Served K-12	Catchment Info —	10.0 / 10	Distance 2.02 KM
Morgan Elementary School	Public	Grades Served K-7	Catchment Info —	7.2 / 10	Distance 2.53 KM
Rosemary Heights Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.89 KM

Estateblock Rent Estimate for 16881 31 Avenue, Surrey

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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.