2499 124b St, Surrey BC – Land for Sale – MLS® R3077613

2499 124b Street, Surrey, British Columbia V4A 3N5

284 days on the market
$1,379,000
Est. Mortgage $6,101/mo
Listing updated:
EstateBlock checked:
Crescent Heights
0 sqft
17.1% cheaper than comps
284 days on the market
$1,379,000
Est. $6,101/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2499 124b Street

17.1% cheaper than comps

Prime opportunity to build a DREAM HOME in prestigious Crescent Heights. This is a newly created 4 lot subdivision with the potential to create a 3 level 4,800+ square foot custom home. This property is walking distance to Ocean Park Village, the beach, Crescent Park Elementary and Elgin Park Secondary. Look no further, start designing your dream home today.

Exterior Features

Structures Land Only

Building Details

Price $1,379,000
Property Type Land
Building Name Crescent Heights
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Natural Gas Connected, Cable Connected
Water (WaterSource) Public

Lot & Land

Lot Size 6082
Lot Size Depth Metres
Lot Size Frontage 64.3045
MLS® # R3077613
Area South Surrey White Rock
Neighbourhood Crescent Bch Ocean Pk.
City Surrey
Postal Code V4A 3N5
Gross Taxes $4,485.18
Zoning RF

Property Timeline

Status Date Price
R3077613 / Active 01-09-2026 $1,379,000
to view full Property History (3 earlier records)

Listed by: RE/MAX Colonial Pacific 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.

Map & Neighbourhood

Public Schools

Elementary
Crescent Park Elementary School
Above Average 0.74 km 7.1/10
Secondary
Elgin Park Secondary School
2.06 km

Information includes BC Government Open License data; school details change often and are offered solely as general guidance.

Private Schools

Elementary
Star of the Sea School
Above Average 5.15 km 8.9/10
Elementary, Secondary
White Rock Christian Academy
Above Average 5.48 km 8.6/10

Closest Transit

Bus Stop
Northbound 124 St @ Seacrest Dr
0.13 km
Skytrain
Skytrain @ Fleetwood Station ( Under Construction till 2029)
14.07 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 34.7%
No Certificate/Degree
Below Average 11%
Owner Occupied
Below Average 48.8%
Employment Rate
Average 59.6%

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

54 / 100
Overall sell-speed score
Moderate pace expected
A
Price competition grade
Avg comparable: $1,614,809
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 14.07 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How CRESCENT BCH OCEAN PK. compares
This property
284 DOM
Listed
Crescent Bch Ocean Pk. avg
—
—
Surrey avg
—
—

2499 124b Street has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 17.1% below comparable active properties in Crescent Bch Ocean Pk., which is a strong competitive signal. The local market is currently a Buyer's Market with a sales-to-active ratio of 7.8% — buyers have more leverage. With only 616 competing homes currently listed, this property has significant competition. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V4A 3N5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4A 3N5, 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. Nearest station: North Delta, Delta (~12.4 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

Restaurants (8 nearby)

  • Fong's eatery · 617 m · Restaurant
  • The cabin restaurant · 627 m · Restaurant
  • Crescent beach bistro · 682 m · Restaurant

Cafes (3 nearby)

  • The sunflower cafe · 624 m · Cafe
  • Crescent coffee house · 706 m · Cafe
  • Dudes coffee house · 933 m · Cafe

Shopping (2 nearby)

  • Headroom salon · 746 m · Hairdresser
  • Blush lash studio · 753 m · Beauty Shop

Groceries (1 nearby)

  • Fieldstone bread · 924 m · Bakery

Transit (1 nearby)

  • Bus stop southbound mcbride ave @ alexandra st · 993 m · Transit

Schools NearBy

6 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Crescent Park Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
6.7 / 10

Distance

742 m

Ocean Cliff Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.9 / 10

Distance

1.08 KM

Laronde Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.9 / 10

Distance

1.86 KM

Elgin Park Secondary School

Public

Grades Served

8-12

Catchment Info

In Catchment
7.3 / 10

Distance

2.06 KM

Chantrell Creek Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.8 / 10

Distance

2.49 KM

Ray Shepherd Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

2.89 KM

Walkability & Transit Near 2499 124b Street

Walk Score Badge
Car-Dependent 50

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 2499 124b Street

2026 assessed value, sourced from City of Surrey open data (PID 032-236-239).
Total Assessed Value (2026)
$1,157,000
2026 Value Trend
Land
$1,157,000
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
R3
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,157,000 $0 $1,157,000 —

Mortgage Calculator for 2499 124b Street

/month
Principal & Interest
Property Taxes $374
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $5,641/month in total housing costs on this $1,379,000 property — $5,267 mortgage payment, $374 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.

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
Based on $4,048/month estimated rent and $5,817/month in total housing costs, this property has a -$1,769/month cashflow. Break-even down payment: approximately 47%.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2499 124b Street, 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 — Crescent Bch Ocean Pk., Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,379,000
Surrey Loading...
Crescent Bch Ocean Pk. Loading...

Based on 10 comparable active properties in Crescent Bch Ocean Pk., the average asking price is $1,662,889. This listing is priced 17.1% below the neighbourhood average. This property is flagged as a Hot Deal (17.1% cheaper than comparables) based on its competitive pricing and market demand.

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 Greater Vancouver REALTORS® which assumes no responsibility for its accuracy

Call or Text Now!

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 2499 124b Street

Walk Score Badge
Car-Dependent 50

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 34

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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