Rare opportunity to own 4.94 acres in a highly desirable area! This property features a fully renovated 3 bed, 2 bath home—ideal for rental income or as a holding property. Build your dream home with services including city water, hydro, and electricity available. Enjoy beautiful views of Mt. Baker in a peaceful setting, while being just minutes from Hwy 1, Hwy 10, and Hwy 15. Conveniently located near shopping and amenities in Cloverdale. Buyer to verify zoning, building potential, and servicing requirements.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | None |
| Appliances Included | Washer/Dryer, Dishwasher, Refrigerator, Stove |
| Heating Type | Forced Air |
| # of Kitchens | 1 |
| Flooring | Laminate, Mixed, Tile |
| Foundation | Concrete Perimeter |
| Roof | Asphalt |
|---|---|
| Structures | Residential Detached |
| Price | $2,999,998 |
|---|---|
| Total Bedrooms | 3 |
| Total Bathrooms | 2 |
| Full Bathrooms | 2 |
| Half Bathrooms | 0 |
| Floor Area Total (sqft) | 1179 |
| Age Of Building | 999 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Architecture Style | Rancher/Bungalow |
| Stories | 1 |
| 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 | 4.94 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 341.99 |
| MLS® # | R3101263 |
| Area | Cloverdale |
| Neighbourhood | Serpentine |
| City | Surrey |
| Postal Code | V3Z 1C8 |
| Gross Taxes | $7,038.89 |
| Zoning | A1 |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Family Room | 12'8 x 12'8 ft |
| Main Level | Kitchen | 15'5 x 15'5 ft |
| Main Level | Bedroom | 11'7 x 11'7 ft |
| Main Level | Bedroom | 11'7 x 11'7 ft |
| Main Level | Bedroom | 9'6 x 9'6 ft |
| Main Level | Laundry | 14'0 x 14'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Main Level | No | #3 |
Listed by: Royal LePage Global Force Realty & Royal LePage Global Force 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.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
16952 40 Avenue has a sell-speed score of 55/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 11.7% below comparable active properties in Serpentine, which is a strong competitive signal. 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 V3Z 1C8, 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 (~7.7 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.
2 Schools are within 3km
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
Pacific Heights Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.84 KM
|
|
Morgan Elementary School |
Public |
Grades ServedK-7
|
Catchment Info—
|
Distance2.93 KM
|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $2,250,000 | $25,200 | $2,275,200 | — |
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Rent vs own
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Based on 2 comparable active Single Family Residences in Serpentine, the average asking price is $3,399,000. This listing is priced 11.7% below the neighbourhood average.
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