2988 163 St, Surrey BC - Single Family Residence for Sale - MLS# R3140493

$5,978,000
Est. Mortgage $26,447/mo
7 Beds
9 Baths
11924 sqft
501 $ /sqft
2011 built
$5,978,000
Est. $26,447/mo with 20% down
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver
Go See This Home Now

Photos

Property Details for 2988 163 Street

Luxurious Mediterranean estate in Grandview Heights, South Surrey. A safe , hidden gem on a private cul - de-sac , this timeless masterpiece offers the ultimate statement of success and lifetime enjoyment. This gated 11 , 829 SQFT mansion boasts 7 beds , 8 baths , limestone floors, and custom millwork . A grand foyer with a crystal chandelier leads to elegant living areas . Features a gourmet Chef ' s kitchen with Viking appliances , a main-floor primary suite , and a 2nd upper suite with a hidden games room. The walkout lower level features a theater , wet bar , wine room , and gym . Equipped with multi - zone AC , a sunroom, and premium landscaping. Set on an elite 46 , 261 SQFT lot with mountain views , an outdoor BBQ / fireplace, and room for a pool. Steps to Southridge School .

Interior Features

Basement Finished Area (sqft) 0
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove, Microwave
Interior Features Storage, Central Vacuum
Fireplace 3
Heating Type Forced Air, Radiant
Cooling Central Air, Air Conditioning
# of Kitchens 1
Flooring Hardwood
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony, Private Yard
View Description MOUNTAIN VIEW
Roof Concrete
Structures Residential Detached

Building Details

Price $5,978,000
Total Bedrooms 7
Total Bathrooms 9
Full Bathrooms 7
Half Bathrooms 2
Floor Area Total (sqft) 11924
Year Built 2011
Age Of Building 15
Building Type Single Family Residence
Property Type Residential
Stories 3
Building Amenities Bike Room, Exercise Centre
Ownership Type Freehold NonStrata
Amenities Nearby Bike Room, Exercise Centre
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Detached, Garage Triple, Concrete
Total Parking Spaces 4
Rental Suites None

Lot & Land

Lot Size 1.062
Lot Size Depth Feet
Lot Size Frontage 0
MLS® # R3140493
Area South Surrey White Rock
Neighbourhood Grandview Surrey
City Surrey
Postal Code V3Z 0E3
Gross Taxes $33,901.17
Zoning RA

Property Timeline

Status Date Price
R3140493 / Active 06-26-2026 $5,978,000
R2891977 / Terminated 06-06-2024 $7,380,000
Rooms
Floor Type Dimensions
Main Level Foyer 24'2 x 24'2 ft
Main Level Office 14'2 x 14'2 ft
Main Level Dining Room 16'6 x 16'6 ft
Main Level Family Room 26'4 x 26'4 ft
Main Level Living Room 28'11 x 28'11 ft
Main Level Kitchen 17'3 x 17'3 ft
Main Level Walk-In Closet 15'10 x 15'10 ft
Main Level Eating Area 11'10 x 11'10 ft
Main Level Bedroom 21'8 x 21'8 ft
Main Level Walk-In Closet 14'0 x 14'0 ft
Main Level Walk-In Closet 11'2 x 11'2 ft
Main Level Laundry 15'11 x 15'11 ft
Main Level Mud Room 6'11 x 6'11 ft
Above Level Primary Bedroom 17'9 x 17'9 ft
Above Level Walk-In Closet 20'2 x 20'2 ft
Above Level Bedroom 14'2 x 14'2 ft
Above Level Bedroom 21'3 x 21'3 ft
Above Level Bedroom 16'10 x 16'10 ft
Above Level Flex Room 20'10 x 20'10 ft
Above Level Bedroom 23'1 x 23'1 ft
Basement Level Gym 19'9 x 19'9 ft
Basement Level Recreation Room 26'0 x 26'0 ft
Basement Level Flex Room 9'1 x 9'1 ft
Basement Level Bedroom 13'2 x 13'2 ft
Basement Level Wine Room 14'11 x 14'11 ft
Basement Level Media Room 21'3 x 21'3 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #5
Below Yes #3
Below No #3
Above Level Yes #5

Listed by: Parallel 49 Realty & RE/MAX Performance Realty & eXp Realty of Canada, 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
Pacific Heights Elementary School
Average
1.78 km
5.6/10

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

Private Schools

Elementary, Secondary
Southridge School
Above Average
0.95 km
9.6/10
Elementary, Secondary
Southridge School
Above Average
0.95 km
9.6/10

Closest Transit

Bus Stop
Northbound 160 St @ 30 Ave
0.66 km
Skytrain
Skytrain @ Clayton Station ( Under Construction till 2029)
9.00 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
36%
No Certificate/Degree
Below Average
8%
Owner Occupied
Above Average
76.8%
Employment Rate
Average
63.3%

Noise/ Power Lines

Road/Hwy Noise
Possible
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 — 9.00 km from station
Road / Highway noise
Possible — major road nearby
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How GRANDVIEW SURREY compares
This property
14 DOM
Listed
Grandview Surrey avg
Surrey avg

2988 163 Street 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.

Climate Risk for V3Z 0E3

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3Z 0E3, 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 4.6 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: Surrey East, Surrey (~10.1 km). Annual avg AQHI 1.8 — Low Risk.

Heat Moderate

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.

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

Schools NearBy

School Type Grades Served Catchment Info Rating Distance
Schools Near 2988 163 Street

Walkability & Transit Near 2988 163 Street

Walk Score Badge
Car-Dependent 5

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
25

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 2988 163 Street

2026 assessed value, sourced from City of Surrey open data (PID 025-100-459).
Total Assessed Value (2026)
$5,978,000
2026 Value Trend
Land
$2,980,000
Buildings
$2,998,000
Year Built
N/A
Class
N/A
Zoning
RA
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,980,000 $2,998,000 $5,978,000

Mortgage Calculator for 2988 163 Street

/month
Principal & Interest
Property Taxes $2,825
Maintenance fee 0
Based on a 30-year fixed at 4% interest with 20% down ($1,195,600), the estimated monthly payment for this listing is $25,657/month — $22,832 principal & interest, $2,825 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 $12,869/month, this property runs a $13,161/month shortfall after mortgage and carrying costs. Break-even requires approximately 67% down.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Grandview Surrey, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $5,978,000
Surrey Loading...
Grandview Surrey 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.

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

Listing Agent & Brokerage

Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Walkability & Transit Near 2988 163 Street

Walk Score Badge
Car-Dependent 5

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 30

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
25

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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