5242 Station Rd, Surrey BC - Single Family Residence for Sale - MLS# R3150489

40 days on the market
$1,999,000
Est. Mortgage $8,844/mo
Listing updated:
EstateBlock checked:
6 Beds
4 Baths
5563 sqft
359 $ /sqft
1977 built
Below Assessment Value
40 days on the market
$1,999,000
Est. $8,844/mo with 20% down
Listing updated:
EstateBlock checked:

Property Details for 5242 Station Road

Below Assessment Value

This spacious West Coast–style mansion sits on a rare half-acre view lot in prestigious Panorama Ridge. Enjoy sweeping ocean, Mt. Baker, and sunset views from both the main and upper levels. The home offers over 5,500 sq. ft. of living space, featuring extra-large bedrooms upstairs, a commercial-grade heating system, luxurious appliances, an extra-deep double garage, and a 190 sq. ft. heated greenhouse. A fully renovated 2-bedroom suite adds flexibility, complete with a new kitchen, new washer/dryer, and fresh paint. Recent updates upstairs include new hardwood flooring in the primary rooms, an upgraded master bathroom, and new interior paint. Ideal as a renovation project / a long-term hold to build your dream home. Priced $286,000 below BC Assessment.

Interior Features

Basement Finished Area (sqft) 1319
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 2
Heating Type Forced Air, Natural Gas
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
View Description Ocean & Mountain
Roof Asphalt
Structures Residential Detached

Building Details

Price $1,999,000
Total Bedrooms 6
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 5563
Year Built 1977
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Double, Open, Front Access
Total Parking Spaces 8
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 21780
Lot Size Depth Feet
Lot Size Frontage 203
MLS® # R3150489
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 3C4
Gross Taxes $8,729.63
Zoning R1

Property Timeline

Status Date Price
R3150489 / Active 07-28-2026 $1,999,000
to view full Property History (4 earlier records)
Rooms
Floor Type Dimensions
Main Level Foyer 13'5 x 13'5 ft
Main Level Living Room 20'6 x 20'6 ft
Main Level Family Room 24'5 x 24'5 ft
Main Level Kitchen 12'4 x 12'4 ft
Main Level Dining Room 12'6 x 12'6 ft
Main Level Laundry 13'6 x 13'6 ft
Main Level Solarium 18'3 x 18'3 ft
Main Level Solarium 16'1 x 16'1 ft
Above Level Primary Bedroom 23'4 x 23'4 ft
Above Level Bedroom 20'7 x 20'7 ft
Above Level Bedroom 16'1 x 16'1 ft
Above Level Bedroom 20'5 x 20'5 ft
Basement Level Living Room 24'11 x 24'11 ft
Basement Level Kitchen 11'2 x 11'2 ft
Basement Level Bedroom 10'3 x 10'3 ft
Basement Level Bedroom 15'5 x 15'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level No #5
Above Level Yes #4
Basement No #3

Listed by: Nu Stream Realty Inc. & Nu Stream Realty 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
Colebrook Elementary School
Average 0.38 km 5.4/10

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

Private Schools

Elementary
Al-Mustafa School
0.43 km
Elementary,Secondary
Regent Christian Online Academy
Above Average 5.73 km 8.2/10

Closest Transit

Bus Stop
Eastbound 56 Ave @ 125A St
0.72 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
9.20 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average 33.1%
No Certificate/Degree
Below Average 12.1%
Owner Occupied
Below Average 52.5%
Employment Rate
Average 61.5%

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

No data
Overall sell-speed score
Moderate pace expected
Price competition grade
No comparable data
Market conditions
Market conditions unavailable
Flood Risk (FEMA/BC)
Unlikely — not in floodplain
Railway / Skytrain noise
Unlikely — 9.20 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PANORAMA RIDGE compares
This property
40 DOM
Listed
Panorama Ridge avg
Surrey avg

5242 Station Road has a sell-speed score of 54/100, placing it in the "Expected to sell at a moderate pace" band. The listing is has limited comparable pricing data available. Based on these signals, EstateBlock predicts this listing is may take several weeks to attract serious offers.

Climate Risk for V3X 3C4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 3C4, 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 (BC ENV 2024). Nearest station: North Delta, Delta (~7 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

Transit (1 nearby)

  • Bus stop westbound 56 ave @ coulthard rd · 990 m · Transit

Schools NearBy

12 Schools are within 3km

School Type Grades Served Catchment Info Rating Distance

Colebrook Elementary School

Public

Grades Served

K-7

Catchment Info

In Catchment
5.4 / 10

Distance

385 m

Al-Mustafa School

Independent

Grades Served

Catchment Info

0

Distance

429 m

J T Brown Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

1.48 KM

Panorama Park Elementary School

Public

Grades Served

K-7

Catchment Info

4.5 / 10

Distance

1.95 KM

Boundary Park Elementary

Public

Grades Served

Catchment Info

6.5 / 10

Distance

2.23 KM

North Ridge Elementary School

Public

Grades Served

K-7

Catchment Info

3.4 / 10

Distance

2.56 KM

Pinewood Elementary School

Public

Grades Served

K-7

Catchment Info

6.0 / 10

Distance

2.56 KM

Beaver Creek Elementary School

Public

Grades Served

K-7

Catchment Info

4.0 / 10

Distance

2.65 KM

Tamanawis Secondary School

Public

Grades Served

8-12

Catchment Info

5.6 / 10

Distance

2.74 KM

St. Bernadette

Independent

Grades Served

K-7

Catchment Info

8.6 / 10

Distance

2.84 KM

St Bernadette

Independent

Grades Served

Catchment Info

8.6 / 10

Distance

2.88 KM

Martha Jane Norris Elementary School

Public

Grades Served

K-7

Catchment Info

4.4 / 10

Distance

2.89 KM

Walkability & Transit Near 5242 Station Road

Walk Score Badge
Car-Dependent 23

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 28

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
18

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 5242 Station Road

2026 assessed value, sourced from City of Surrey open data (PID 003-412-717).
Total Assessed Value (2026)
$2,286,000
2026 Value Trend
Land
$2,108,000
Buildings
$178,000
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,108,000 $178,000 $2,286,000

Mortgage Calculator for 5242 Station Road

/month
Principal & Interest
Property Taxes $727
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($399,800), the estimated monthly payment for this listing is $8,362/month — $7,635 principal & interest, $727 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 $6,225/month, this property runs a $2,345/month shortfall after mortgage and carrying costs. Break-even requires approximately 45% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Estateblock Rent Estimate for 5242 Station Road, 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 — Panorama Ridge, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $1,999,000
Surrey Loading...
Panorama Ridge 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. This property is flagged as a Hot Deal (Below Assessment Value) 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 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 5242 Station Road

Walk Score Badge
Car-Dependent 23

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 28

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
18

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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