2988 163 St, Surrey BC - Single Family Residence for Sale - MLS# R3140493

101 days on the market
$5,978,000
Est. Mortgage $26,447/mo
Listing updated:
EstateBlock checked:
7 Beds
9 Baths
11924 sqft
501 $ /sqft
2011 built
101 days on the market
$5,978,000
Est. $26,447/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 2988 163 Street

Luxurious Mediterranean estate in Grandview Heights, South Surrey. A safe , hidden gem on a private cul - de-sac , this timeless masterpiece offers the ultimate statement of success and lifetime enjoyment. This gated 11 , 829 SQFT mansion boasts 7 beds , 8 baths , limestone floors, and custom millwork . A grand foyer with a crystal chandelier leads to elegant living areas . Features a gourmet Chef ' s kitchen with Viking appliances , a main-floor primary suite , and a 2nd upper suite with a hidden games room. The walkout lower level features a theater , wet bar , wine room , and gym . Equipped with multi - zone AC , a sunroom, and premium landscaping. Set on an elite 46 , 261 SQFT lot with mountain views , an outdoor BBQ / fireplace, and room for a pool. Steps to Southridge School .

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Storage, Central Vacuum
Fireplace 3
Heating Type Forced Air, Radiant
Cooling Central Air, Air Conditioning
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony, Private Yard
View Description MOUNTAIN VIEW
Roof Concrete
Structures Residential Detached

Building Details

Price $5,978,000
Total Bedrooms 7
Total Bathrooms 9
Full Bathrooms 7
Half Bathrooms 2
Floor Area Total (sqft) 11924
Year Built 2011
Age Of Building 15
Building Type Single Family Residence
Property Type Residential
Stories 3
Building Amenities Bike Room, Exercise Centre
Ownership Type Freehold NonStrata
Amenities Nearby Bike Room, Exercise Centre
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Detached, Garage Triple, Concrete
Total Parking Spaces 4
Rental Suites None

Lot & Land

Lot Size 1.062
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3140493
Area South Surrey White Rock
Neighbourhood Grandview Surrey
City Surrey
Postal Code V3Z 0E3
Gross Taxes $33,901.17
Zoning RA

Property Timeline

Status Date Price
R3140493 / Active 06-26-2026 $5,978,000
to view full Property History (1 earlier record)
Rooms
Floor Type Dimensions
Main Level Foyer 24'2 x 24'2 ft
Main Level Office 14'2 x 14'2 ft
Main Level Dining Room 16'6 x 16'6 ft
Main Level Family Room 26'4 x 26'4 ft
Main Level Living Room 28'11 x 28'11 ft
Main Level Kitchen 17'3 x 17'3 ft
Main Level Walk-In Closet 15'10 x 15'10 ft
Main Level Eating Area 11'10 x 11'10 ft
Main Level Bedroom 21'8 x 21'8 ft
Main Level Walk-In Closet 14'0 x 14'0 ft
Main Level Walk-In Closet 11'2 x 11'2 ft
Main Level Laundry 15'11 x 15'11 ft
Main Level Mud Room 6'11 x 6'11 ft
Above Level Primary Bedroom 17'9 x 17'9 ft
Above Level Walk-In Closet 20'2 x 20'2 ft
Above Level Bedroom 14'2 x 14'2 ft
Above Level Bedroom 21'3 x 21'3 ft
Above Level Bedroom 16'10 x 16'10 ft
Above Level Flex Room 20'10 x 20'10 ft
Above Level Bedroom 23'1 x 23'1 ft
Basement Level Gym 19'9 x 19'9 ft
Basement Level Recreation Room 26'0 x 26'0 ft
Basement Level Flex Room 9'1 x 9'1 ft
Basement Level Bedroom 13'2 x 13'2 ft
Basement Level Wine Room 14'11 x 14'11 ft
Basement Level Media Room 21'3 x 21'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #5
Below Yes #3
Below No #3
Above Level Yes #5

Listed by: Parallel 49 Realty & 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 1.78 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 0.95 km 9.6/10
Elementary, Secondary
Southridge School
Above Average 0.95 km 9.6/10

Closest Transit

Bus Stop
Northbound 160 St @ 30 Ave
0.66 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
9.00 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 36%
No Certificate/Degree
Below Average 8%
Owner Occupied
Above Average 76.8%
Employment Rate
Average 63.3%

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

38 / 100
Overall sell-speed score
May take longer
—
Price competition grade
No comparable data
Buyer's
Market conditions
Buyer's market — more supply than demand
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.00 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
101 DOM
Listed
Grandview Surrey avg
—
—
Surrey avg
—
—

2988 163 Street has a sell-speed score of 38/100, placing it in the "May take longer than the area average to sell" band. The listing is has limited comparable pricing data available. 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 could take longer than the area average to sell.

Climate Risk for V3Z 0E3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 0E3, 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 (~10.1 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.

Nearby Restaurants, Cafes & Shops

Transit (1 nearby)

  • Bus stop westbound 32 ave @ 160 st · 828 m · Transit

Schools NearBy

11 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Sunnyside Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.3 / 10

Distance

860 m

Southridge School

Independent

Grades Served

K-12

Catchment Info

—
10.0 / 10

Distance

952 m

Morgan Elementary School

Public

Grades Served

K-7

Catchment Info

—
7.2 / 10

Distance

1.56 KM

Pacific Heights Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.6 / 10

Distance

1.78 KM

South Surrey White Rock Learning Centre

Public

Grades Served

10-12

Catchment Info

—
3.8 / 10

Distance

1.99 KM

Rosemary Heights Elementary School

Public

Grades Served

K-7

Catchment Info

—
6.8 / 10

Distance

1.99 KM

Jessie Lee Elementary School

Public

Grades Served

K-7

Catchment Info

—
5.2 / 10

Distance

2.55 KM

White Rock Christian Academy

Independent

Grades Served

K-12

Catchment Info

—
8.9 / 10

Distance

2.73 KM

Earl Marriott Secondary

Public

Grades Served

—

Catchment Info

—
9.6 / 10

Distance

2.82 KM

Star of the Sea School

Independent

Grades Served

K-7

Catchment Info

—
8.7 / 10

Distance

2.90 KM

Star of the Sea

Independent

Grades Served

—

Catchment Info

—
4.6 / 10

Distance

2.92 KM

Walkability & Transit Near 2988 163 Street

Walk Score Badge
Car-Dependent 5

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
25

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 2988 163 Street

2026 assessed value, sourced from City of Surrey open data (PID 025-100-459).
Total Assessed Value (2026)
$5,978,000
2026 Value Trend
Land
$2,980,000
Buildings
$2,998,000
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,980,000 $2,998,000 $5,978,000 —

Mortgage Calculator for 2988 163 Street

/month
Principal & Interest
Property Taxes $2,825
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,195,600), the estimated monthly payment for this listing is $25,657/month — $22,832 principal & interest, $2,825 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.
Listing data last synced:

Investment Cashflow Calculator

/month
Mortgage Payment
Monthly Payment
Break Even Down Payment 0%
Cap Rate
Cash on Cash
At an estimated rental income of $12,869/month, this property runs a $13,161/month shortfall after mortgage and carrying costs. Break-even requires approximately 67% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 2988 163 Street, Surrey

Buy Vs Rent Calculator

— / month
Rent —
Own —
Principal: — Interest, tax, insurance, fees: —

Rent vs own

—

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 — Grandview Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $5,978,000
Surrey Loading...
Grandview Surrey Loading...

No active comparable properties are currently available for this property type in Surrey. The price evaluation chart will update as similar listings enter the market.

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 Real Estate Board of Greater Vancouver 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

Earn Cashback on Your Purchase

Potential Cashback for this listing if you buy with us

$0
out of $35,399
0 of 21 missions

Sign up on Estateblock.com

$1,770 / 5.00%

Buy with us & save on this property

Walkability & Transit Near 2988 163 Street

Walk Score Badge
Car-Dependent 5

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
25

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

Similar Single Family Residences for Sale in Grandview Surrey