Rare opportunity to secure a premium 10, 000+ sqft building lot on a quiet, tucked-away street in the highly sought-after Fraser Heights community. This expansive parcel offers the ideal canvas to build a luxury custom home or capitalize on its strong development potential. Key Opportunity: Preliminary potential for a duplex with two secondary suites (4 total units) a highly attractive option for builders and investors looking to maximize value (buyer to verify with City of Surrey). Plans have already been prepared and submitted for a stunning 5,000+ sqft custom residence spanning three levels, giving buyers a head start on development. Located just minutes to Highway 1, 15, and 17 offering seamless access across the Lower Mainland. Build, invest, or hold.
| View Description | NORTH SHORE MOUNTAINS |
|---|---|
| Structures | Land Only |
| Price | $1,248,888 |
|---|---|
| Property Type | Land |
| Ownership Type | Freehold NonStrata |
| Community Features | Near Shopping |
| Utility Type | Sanitary Sewer Available, Storm Sewer Available, Electricity Available, Natural Gas Available, Natural Gas Connected, Cable Connected |
| Water (WaterSource) | Public |
| Lot Size | 10011 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 74.48 |
| MLS® # | R3113978 |
| Area | North Surrey |
| Neighbourhood | Fraser Heights |
| City | Delta |
| Postal Code | V4N 5A9 |
| Gross Taxes | $5,312.02 |
| Zoning | R2 |
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.
Public Schools
Information includes BC Government Open License data; school details change often and are offered solely as general guidance.
Private Schools
Closest Transit
Crime Rate
Demographics
Noise/ Power Lines
Other
18229 Parsons Drive has a sell-speed score of 48/100, 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.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V4N 5A9, over the next 30 years. Projections use the 2041–2070 period (2050s) under a moderate emissions scenario (SSP2-4.5).
Outside of designated flood hazard zones. Under 10% of buildings in this area have flood risk over the next 30 years.
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.
Annual avg PM2.5 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~5.7 km). Annual avg AQHI 1.8 — Low Risk.
Surrey currently sees ~1 days 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.
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.
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.
| School | Type | Grades Served | Catchment Info | Rating | Distance |
|---|---|---|---|---|---|
| Year | Land | Improvements | Total Assessed | YOY Change |
|---|---|---|---|---|
| 2026 | $1,459,000 | $0 | $1,459,000 | — |
Comparable data is unavailable at the neighbourhood level. City-wide in Delta, similar properties average $1,599,444 across 2 active listings — this listing is 21.9% below the Delta average.
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