Rare 2.34-acre parcel in Panorama Ridge with subdivision potential! This duplex-style property includes an attached secondary suite. Services accessible from the front on 56 Avenue, with a future back lane planned for additional access. Please do not disturb tenants. A unique investment opportunity in a highly desirable area. Contact listing agent for more details and development potential. Must have permission from listing agent to walk the property.
| Basement Finished Area (sqft) | 0 |
|---|---|
| Basement Features | Unfinished |
| Fireplace | 2 |
| Heating Type | Hot Water, Natural Gas |
| # of Kitchens | 1 |
| Foundation | Slab |
| Roof | Wood |
|---|---|
| Structures | Residential Detached |
| Price | $5,999,000 |
|---|---|
| Total Bedrooms | 5 |
| Total Bathrooms | 4 |
| Full Bathrooms | 2 |
| Half Bathrooms | 2 |
| Floor Area Total (sqft) | 2763 |
| Year Built | 1970 |
| Age Of Building | 56 |
| Building Type | Single Family Residence |
| Property Type | Residential |
| Stories | 1 |
| Ownership Type | Freehold NonStrata |
| Utility Type | Electricity Connected, Natural Gas Connected, Water Connected |
| Utility Sewer | Septic Tank |
| Water (WaterSource) | Public |
| Parking Type | Carport Single, Open, Front Access |
| Total Parking Spaces | 10 |
| Rental Suites | None |
| Lot Size | 2.34 |
|---|---|
| Lot Size Depth | Feet |
| Lot Size Frontage | 170.6 |
| MLS® # | R3111036 |
| Area | Surrey |
| Neighbourhood | Panorama Ridge |
| City | Surrey |
| Postal Code | V3X 2Y9 |
| Gross Taxes | $16,663.82 |
| Zoning | RH |
| Floor | Type | Dimensions |
|---|---|---|
| Main Level | Bedroom | 12'0 x 12'0 ft |
| Main Level | Primary Bedroom | 18'4 x 18'4 ft |
| Main Level | Living Room | 18'6 x 18'6 ft |
| Main Level | Kitchen | 13'10 x 13'10 ft |
| Main Level | Dining Room | 15'7 x 15'7 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Main Level | Bedroom | 10'0 x 10'0 ft |
| Above Level | Primary Bedroom | 22'0 x 22'0 ft |
| Above Level | Den | 9'0 x 9'0 ft |
| Floor | Ensuite | Pieces |
|---|---|---|
| Above Level | No | #3 |
| Main Level | No | #2 |
| Above Level | No | #3 |
| Main Level | No | #2 |
Listed by: LPT Realty ULC
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
12866 56 Avenue 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 V3X 2Y9, 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 (~6.6 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 | $4,088,000 | $53,300 | $4,141,300 | — |
Based on 3 comparable active Single Family Residences in Panorama Ridge, the average asking price is $3,299,333. This listing is priced 81.8% above the neighbourhood average.
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