Rare opportunity in prestigious Panorama Ridge! This 30,000 sq. ft. lot (approx 167 ft. x 167 ft.) offers exceptional potential for your dream estate or future development. The property features an existing well-maintained home with tenant in place, providing immediate rental income while you plan your vision. Situated in one of Surreys most sough-after neighbourhoods, this prime location combines generous dimensions, strong investment appeal, and the flexibility to build, hold, or redevelop in a prestigious setting.
                
              
            
            
                       Address
                    
                    
                       12526 56 Avenue
                    
                  
                            List Price 
                         
                         
                            $2,899,999
                         
                        
                        Property Type
                     
                     
                        Residential
                     
                    
                        Type of Dwelling
                     
                     
                        Single Family Residence
                     
                    
                        Style of Home
                     
                     
                        3 Level Split
                     
                    
                        Structure Type
                     
                     
                        Residential Detached
                     
                    
                        Transaction Type
                     
                     
                        Sale
                     
                    
                        Area
                     
                     
                        Surrey
                     
                    
                        Sub-Area
                     
                     
                       Panorama Ridge
                     
                    
                        Bedrooms
                     
                     
                        4
                     
                    
                        Bathrooms
                     
                     
                        3
                     
                    
                        Half Bathrooms
                     
                     
                        1
                     
                    
                        Floor Area
                     
                     
                        1,825 Sq. Ft.
                     
                    
                        Main Floor Area
                     
                     
                        725
                     
                    
                        Lot Size
                     
                     
                        30031.31  Sq. Ft.
                     
                    
                        Lot Size Dimensions
                     
                     
                        51.21 x 50.9
                     
                    
                        Lot Size (Acres)
                     
                     
                        0.69 Ac.
                     
                    
                          Lot Size Units
                      
                      
                          Square Feet
                      
                  
                          Total Building Area
                      
                      
                          1825
                      
                  
                          Frontage Length
                      
                      
                          168.01
                      
                  
                        Year Built
                     
                     
                        1973
                     
                    
                        MLS® Number
                     
                     
                        R3047297
                     
                    
                        Listing Brokerage
                     
                     
                      Saba Realty Ltd.
                      
                       
                     
                    
                        Basement Area
                     
                     
                        Finished
                     
                    
                        Postal Code
                     
                     
                        V3X 2Y6
                     
                    
                        Zoning
                     
                     
                        R1
                     
                    
                        Ownership
                     
                     
                        Freehold NonStrata
                     
                    
                        Parking
                     
                     
                        Carport Multiple, Front Access, Asphalt
                     
                    
                        Parking Places (Total)
                     
                     
                        4
                     
                    
                        Tax Amount
                     
                     
                        $8,055.94
                     
                    
                        Tax Year
                     
                     
                        2025
                     
                    
                        Site Influences
                     
                     
                        Balcony, Garden
                     
                    
                          Exterior Features
                      
                      
                          Garden, Balcony
                      
                  
                          Interior Features
                      
                      
                          Storage
                      
                  
                          Board Or Association
                      
                      
                          Fraser Valley
                      
                  
                          Heating
                      
                      
                          Yes
                      
                  
                          Heat Type
                      
                      
                          Hot Water
                      
                  
                          Fireplace
                      
                      
                        Yes
                      
                  
                          Fireplace Features
                      
                      
                          Wood Burning
                      
                  
                          Number of Fireplaces
                      
                      
                          1
                      
                  
                          Carport
                      
                      
                          Yes
                      
                  
                          Levels
                      
                      
                          Multi/Split
                      
                  
                          Number Of Floors In Property
                      
                      
                          3
                      
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