4938 188 St, Surrey BC - Land for Sale - MLS# R3157812

1 day on the market
$3,249,000
Est. Mortgage $14,374/mo
Listing updated:
EstateBlock checked:
0 sqft
NEW
1 day on the market
$3,249,000
Est. $14,374/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 4938 188 Street

LOCATION! Situated in a rural setting minutes away from the city. This property is located to all amenities including: all levels of school, Willowbrook Mall, Cloverdale industrial park, and the US border. A HIGH income producing blueberry farm! With 21.46 acres of fertile land, it is an ideal property for both agricultural and recreational opportunities. The combination of being in a rural setting yet still close to urban amenities and major highways makes it even more appealing. The property already has two of the top blueberries--Duke and Elliot--and is producing over 200,000 lbs per year. There is an irrigation system in place as well. Picturesque setting featuring Mt. Baker views, prime location to build your dream estate or creating an equestrian setup or hobby farm.

Exterior Features

View Description Mt. Baker and mountains
Structures Land Only

Building Details

Price $3,249,000
Property Type Land
Ownership Type Freehold NonStrata
Community Features Near Shopping
Utility Type Sanitary Sewer Nearby, Storm Sewer Nearby, Electricity Nearby, Natural Gas Not Available, Phone Nearby, Cable Available
Water (WaterSource) Other

Lot & Land

Lot Size 21.46
Lot Size Depth Feet
Lot Size Frontage 996
MLS® # R3157812
Area Cloverdale
Neighbourhood Serpentine
City Surrey
Postal Code V3S 0L5
Gross Taxes $36,249.35
Zoning A-1

Property Timeline

Status Date Price
R3157812 / Active 08-21-2026 $3,249,000
to view full Property History (1 earlier record)

Listed by: Century 21 Coastal Realty Ltd.

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
Latimer Road Elementary School
Below Average 2.29 km 3.2/10

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

Private Schools

Elementary
Diamond School
Above Average 1.32 km 8/10
Elementary, Secondary
Bibleway Christian Academy
Above Average 2.19 km 7.8/10

Closest Transit

Bus Stop
Westbound 54 Ave @ 192 St
1.3 km
Skytrain
Skytrain @ Willowbrook Station ( Under Construction till 2029)
2.89 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average 19.3%
No Certificate/Degree
Above Average 18%
Owner Occupied
Average 62.9%
Employment Rate
Average 58.7%

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

39 / 100
Overall sell-speed score
May take longer
D
Price competition grade
Avg comparable: $2,787,642
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 2.89 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How SERPENTINE compares
This property
1 DOM
Listed
Serpentine avg
Surrey avg

4938 188 Street has a sell-speed score of 39/100, placing it in the "May take longer than the area average to sell" band. The listing is priced 14.2% above comparable active properties in Serpentine. Based on these signals, EstateBlock predicts this listing is could take longer than the area average to sell.

Climate Risk for V3S 0L5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3S 0L5, 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 (~4.6 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

Shopping (1 nearby)

  • Rhino workwear · 939 m · Clothes

Restaurants (1 nearby)

  • Texas bbq · 764 m · Restaurant

Schools NearBy

14 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Diamond School

Independent

Grades Served

Catchment Info

8.0 / 10

Distance

1.32 KM

Martha Currie Elementary School

Public

Grades Served

K-7

Catchment Info

5.2 / 10

Distance

1.85 KM

Hazelgrove Elementary

Public

Grades Served

Catchment Info

5.7 / 10

Distance

2.01 KM

Alice Brown Elementary

Public

Grades Served

Catchment Info

4.9 / 10

Distance

2.10 KM

Sunrise Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

5.0 / 10

Distance

2.13 KM

Bibleway Christian Academy

Independent

Grades Served

K-4, 6-12

Catchment Info

8.2 / 10

Distance

2.19 KM

Latimer Road Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
3.2 / 10

Distance

2.29 KM

Focus Alternate

Public

Grades Served

Catchment Info

1.7 / 10

Distance

2.35 KM

Cloverdale Traditional

Public

Grades Served

Catchment Info

5.3 / 10

Distance

2.42 KM

Nicomekl Elementary School

Public

Grades Served

K-5

Catchment Info

4.7 / 10

Distance

2.57 KM

Simonds Elementary School

Public

Grades Served

K-5

Catchment Info

3.2 / 10

Distance

2.72 KM

H D Stafford Middle

Public

Grades Served

Catchment Info

2.5 / 10

Distance

2.78 KM

Don Christian Elementary School

Public

Grades Served

K-7

Catchment Info

5.3 / 10

Distance

2.82 KM

Cloverdale Learning Centre

Public

Grades Served

10-12

Catchment Info

3.8 / 10

Distance

2.95 KM

Walkability & Transit Near 4938 188 Street

Walk Score Badge
Car-Dependent 3

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
27

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 4938 188 Street

2026 assessed value, sourced from City of Surrey open data (PID 004-706-846).
Total Assessed Value (2026)
$80,880
2026 Value Trend
Land
$80,880
Buildings
$0
Year Built
N/A
Class
N/A
Zoning
A1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $80,880 $0 $80,880

Mortgage Calculator for 4938 188 Street

/month
Principal & Interest
Property Taxes $3,021
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($649,800), the estimated monthly payment for this listing is $15,430/month — $12,409 principal & interest, $3,021 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 $7,311/month, this property runs a $8,355/month shortfall after mortgage and carrying costs. Break-even requires approximately 74% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 4938 188 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 — Serpentine, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $3,249,000
Surrey Loading...
Serpentine Loading...

Based on 7 comparable active properties in Serpentine, the average asking price is $2,846,197. This listing is priced 14.2% above the neighbourhood average.

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

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Walkability & Transit Near 4938 188 Street

Walk Score Badge
Car-Dependent 3

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 0

Transit Score - Minimal Transit

It is possible to get on a bus
Bike Score Badge
Somewhat
Bikeable
27

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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