Home Surrey, BC Crescent Bch Ocean Pk. 2576 124b Street

2576 124b St, Surrey BC – Land for Sale – MLS® R3140189

2576 124b Street, Surrey, British Columbia V4A 3N7

117 days on the market

$1,199,000

Est. Mortgage $5,304/mo

Listing updated: Jun 29, 2026 at 11:39am

EstateBlock checked: Oct 21, 2026 at 09:45am

0 sqft

27.9% cheaper than comps

Photo

Rare flat 6,239 SQFT. building lot in the heart of Ocean Park. 49 ft frontage x 125 ft depth with R3 zoning ideal for a stunning 3-level custom home or a duplex. Very private setting surrounded by beautiful established properties in one of South Surrey’s most sought-after neighbourhoods. Close to trails, Ocean Park Village and within the highly desirable catchments of Elgin Park Secondary and Crescent Park Elementary. Building lots in this pocket are rarely available. Ready to build lot.

Exterior Features

Exterior Features	Private Yard
Structures	Land Only

Building Details

Price	$1,199,000
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, Natural Gas Connected, Cable Connected
Water (WaterSource)	Public

Lot & Land

Lot Size	6239
Lot Size Depth	Feet
Lot Size Frontage	49
MLS^® #	R3140189
Area	South Surrey White Rock
Neighbourhood	Crescent Bch Ocean Pk.
City	Surrey
Postal Code	V4A 3N7
Gross Taxes	$4,988.72
Zoning	R3

Property Timeline

Status	Date	Price
R3140189 / Active	06-26-2026	$1,199,000
to view full Property History (6 earlier records)

Listed by: Homelife Benchmark Realty Corp.

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: Average 0.76 km 6.7/10
Secondary
Elgin Park Secondary School: Above Average 2.06 km 7.3/10

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 5.12 km 8.7/10
Elementary, Secondary
White Rock Christian Academy: Above Average 5.46 km 8.9/10

Closest Transit

Bus Stop
Westbound 25 Ave @ 126 St: 0.21 km
Skytrain
Skytrain @ Fleetwood Station ( Under Construction till 2029): 13.92 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

61 / 100

Overall sell-speed score

Moderate pace expected

A+

Price competition grade

Avg comparable: $1,533,521

Buyer's

Market conditions

Buyer's market — more supply than demand

Flood Risk

Unlikely — not in floodplain

Railway / Skytrain noise

Unlikely — 13.92 km from station

Road / Highway noise

Unlikely

Airport noise (YVR)

Unlikely

Power lines proximity

Unlikely

ALR (Agricultural Land Reserve)

No — not in ALR

How CRESCENT BCH OCEAN PK. compares

This property

117 DOM

Listed

Crescent Bch Ocean Pk. avg

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Surrey avg

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2576 124b Street has a sell-speed score of 61/100, placing it in the "Expected to sell at a moderate pace" band. The listing is priced 27.9% 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 3N7

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4A 3N7, 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 (~12.2 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 (9 nearby)

Fong's eatery · 508 m · Restaurant
The cabin restaurant · 519 m · Restaurant
Crescent beach bistro · 592 m · Restaurant

Cafes (3 nearby)

The sunflower cafe · 513 m · Cafe
Crescent coffee house · 629 m · Cafe
Dudes coffee house · 808 m · Cafe

Shopping (2 nearby)

Headroom salon · 681 m · Hairdresser
Blush lash studio · 690 m · Beauty Shop

Groceries (1 nearby)

Fieldstone bread · 797 m · Bakery

Transit (1 nearby)

Bus stop northbound 128 st @ 22 ave · 980 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 763 m
Ocean Cliff Elementary School	Public	Grades Served K-7	Catchment Info —	5.9 / 10	Distance 1.24 KM
Laronde Elementary School	Public	Grades Served K-7	Catchment Info —	7.9 / 10	Distance 1.95 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 2.45 KM
Ray Shepherd Elementary School	Public	Grades Served K-7	Catchment Info —	6.8 / 10	Distance 2.96 KM

Walkability & Transit Near 2576 124b Street

Car-Dependent 43

Walk Score - Car-Dependent

Most errands require a car

Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options

Somewhat
Bikeable 45

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 2576 124b Street

2026 assessed value, sourced from City of Surrey open data (PID 032-229-267).

Total Assessed Value (2026)

$1,318,000

2026 Value Trend

Land

$1,318,000

Buildings

Year Built

N/A

Class

N/A

Zoning

Property Tax

N/A

Year	Land	Improvements	Total Assessed	YOY Change
2026	$1,318,000	$0	$1,318,000	—

Mortgage Calculator for 2576 124b Street

/month

Principal & Interest

Property Taxes $416

Maintenance fee 0

Based on a 30-year fixed at 4% interest with 20% down ($239,800), the estimated monthly payment for this listing is $4,995/month — $4,579 principal & interest, $416 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

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Mortgage Payment

Monthly Payment

Break Even Down Payment 0%

Cap Rate

Cash on Cash

At an estimated rental income of $3,519/month, this property runs a $1,629/month shortfall after mortgage and carrying costs. Break-even requires approximately 49% down.

All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2576 124b Street, Surrey

Buy Vs Rent Calculator

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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.