$2,395,000
A rare chance to own a 23,059 sq ft (half-acre) Panorama Ridge ocean-view lot. This fully serviced, tree-free, R-1 zoned property offers the perfect setting to build a luxury residence—over 10,000 sq ft across three levels. Set in Surrey’s most prestigious neighborhood, it provides sweeping views toward Crescent Beach. Surrounded by multi-million-dollar estates and natural greenery. Water, storm drain and Fortis BC (gas) already brought into lot with City approved inspection and valve chambers where required; Sewer brought into lot with City approved inspection chamber on P/L and stub ready to hook up; and Approved stockpile of Engineer approved fill to match City approved grading plan already on property. A beautiful lot to build your dream home!
| View Description | Crescent Beach / Mud Bay view |
|---|---|
| Structures | Land Only |
| Price | $2,195,000 |
|---|---|
| Property Type | Land |
| Building Name | Panorama Ridge |
| Ownership Type | Freehold NonStrata |
| Utility Type | Sanitary Sewer At Lot Line, Storm Sewer At Lot Line, Electricity At Lot Line, Natural Gas At Lot Line, Phone Nearby, Cable Available |
| Water (WaterSource) | Public |
| Lot Size | 23043.24 |
|---|---|
| Lot Size Depth | Metres |
| Lot Size Frontage | 141.44 |
| MLS® # | R3068771 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3X 3C1 |
| Gross Taxes | $7,930.36 |
| Zoning | R-1 |
Listed by: Royal LePage - Wolstencroft & Royal LePage - Wolstencroft
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
12793 54 Avenue has a sell-speed score of 71/100, placing it in the "Expected to sell within weeks" band. The listing is priced 27.6% below comparable active properties in Panorama Ridge, which is a strong competitive signal. Based on these signals, EstateBlock predicts this listing is likely to sell within a few weeks.
Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 3C1, 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 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~6.9 km). Annual avg AQHI 2.1 — 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 | $2,142,000 | $0 | $2,142,000 | — |
Based on 10 comparable active properties in Panorama Ridge, the average asking price is $2,668,000. This listing is priced 17.7% below the neighbourhood average. This property is flagged as a Hot Deal (8.4% price reduction, 27.56% cheaper than comparables) based on its competitive pricing and market demand.
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