5242 Station Rd, Surrey BC - Single Family Residence for Sale - MLS# R3137576

$2,099,900
Est. Mortgage $9,290/mo
6 Beds
4 Baths
5563 sqft
377 $ /sqft
1977 built
Below Assessment Value
$2,099,900
Est. $9,290/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 5242 Station Road

Below Assessment Value

The spacious mansion sits on the half acre view lot in the prestige area of Panorama Ridge. This unique updated west coast style home offers beautiful views of ocean, Mt Baker, and Sunset from main & upper levels. It features private yards w/ tasteful garden, multiple decks, open-air hot tub, 5500+ sqf living area, extra large 4 bedrooms upstairs, commercial grade heating system, luxurious appliances, extra deep double garage. and 190sqf heated greenhouse. It offers 2 bedrooms suite with fully renovated new kitchen, new cloth washer/dryer and new paint. Upstairs updates include new hard wood floor in primary rooms & updated master bathroom, new paint. Ideal for renovation project or hold to build. Price is $186,000 below BC assessment value. Open house: July 4, Saturday, 2-4pm.

Interior Features

Basement Finished Area (sqft) 1319
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Fireplace 1
Heating Type Forced Air, Natural Gas
Laundry In Unit
# of Kitchens 2
Flooring Hardwood, Mixed, Tile
Foundation Concrete Perimeter

Exterior Features

Exterior Features Private Yard
View Description Ocean & Mountain
Roof Asphalt
Structures Residential Detached

Building Details

Price $2,099,900
Total Bedrooms 6
Total Bathrooms 4
Full Bathrooms 3
Half Bathrooms 1
Floor Area Total (sqft) 5563
Year Built 1977
Age Of Building 49
Building Type Single Family Residence
Property Type Residential
Stories 2
Ownership Type Freehold NonStrata
Utility Type Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer
Water (WaterSource) Public
Parking Type Garage Double, Open, Front Access
Total Parking Spaces 8
Rental Suites Unauthorized Suite

Lot & Land

Lot Size 21780
Lot Size Depth Feet
Lot Size Frontage 203
MLS® # R3137576
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3X 3C4
Gross Taxes $8,480.56
Zoning R1

Property Timeline

Status Date Price
R3137576 / Active 06-18-2026 $2,099,900
R3107127 / Terminated 04-02-2026 $2,318,000
R3079265 / Terminated 01-12-2026 $2,438,000
R3046569 / Terminated 09-10-2025 $2,438,000
Rooms
Floor Type Dimensions
Main Level Foyer 13'5 x 13'5 ft
Main Level Living Room 20'6 x 20'6 ft
Main Level Family Room 24'5 x 24'5 ft
Main Level Kitchen 12'4 x 12'4 ft
Main Level Dining Room 12'6 x 12'6 ft
Main Level Laundry 13'6 x 13'6 ft
Main Level Solarium 18'3 x 18'3 ft
Main Level Solarium 16'1 x 16'1 ft
Above Level Primary Bedroom 23'4 x 23'4 ft
Above Level Bedroom 20'7 x 20'7 ft
Above Level Bedroom 16'1 x 16'1 ft
Above Level Bedroom 20'5 x 20'5 ft
Basement Level Living Room 24'11 x 24'11 ft
Basement Level Kitchen 11'2 x 11'2 ft
Basement Level Bedroom 10'3 x 10'3 ft
Basement Level Bedroom 15'5 x 15'5 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Above Level No #5
Above Level Yes #4
Basement No #3

Listed by: Nu Stream Realty Inc. & Nu Stream Realty 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
Colebrook Elementary School
Average
0.38 km
5.4/10

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

Private Schools

Elementary
Al-Mustafa School
0.43 km
Elementary,Secondary
Regent Christian Online Academy
Above Average
5.73 km
8.2/10

Closest Transit

Bus Stop
Eastbound 56 Ave @ 125A St
0.72 km
Skytrain
Skytrain @ 152 St Station ( Under Construction till 2029)
9.20 km

Crime Rate

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

Demographics

Post-Secondary Education
Above Average
33.1%
No Certificate/Degree
Below Average
12.1%
Owner Occupied
Below Average
52.5%
Employment Rate
Average
61.5%

Noise/ Power Lines

Road/Hwy Noise
Unlikely
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 — 9.20 km from station
Road / Highway noise
Unlikely
Airport noise (YVR)
Unlikely
Power lines proximity
Unlikely
ALR (Agricultural Land Reserve)
No — not in ALR
How PANORAMA RIDGE compares
This property
21 DOM
Listed
Panorama Ridge avg
Surrey avg

5242 Station Road has a sell-speed score of 54/100, 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 V3X 3C4

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3X 3C4, 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 4.5 µg/m³ — meets WHO 2021 guideline (BC ENV 2024). Nearest station: North Delta, Delta (~7 km). Annual avg AQHI 2.1 — 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 5242 Station Road

Walkability & Transit Near 5242 Station Road

Walk Score Badge
Car-Dependent 23

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 28

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
18

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

BC Assessment Value — 5242 Station Road

2026 assessed value, sourced from City of Surrey open data (PID 003-412-717).
Total Assessed Value (2026)
$2,286,000
2026 Value Trend
Land
$2,108,000
Buildings
$178,000
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $2,108,000 $178,000 $2,286,000

Mortgage Calculator for 5242 Station Road

/month
Principal & Interest
Property Taxes $707
Maintenance fee 0
A 20% down payment of $419,980 on this $2,099,900 listing yields an estimated mortgage of $8,020/month (30-year fixed, 4%). Total estimated housing cost: $8,727/month, $707 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
With $6,277/month in estimated rental income against $8,915/month in mortgage payments, the monthly cashflow is -$2,638/month. A 47% down payment would reach break-even.
All figures are informational estimates by EstateBlock.com; actual mortgage payments and insurance rates vary by many factors.

Price vs Neighbourhood Average — Panorama Ridge, Surrey

Beds Home Types Square Feet Lot Size Year Built
This Home $2,099,900
Surrey Loading...
Panorama Ridge 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. This property is flagged as a Hot Deal (Below Assessment Value) based on its competitive pricing and market demand.

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 5242 Station Road

Walk Score Badge
Car-Dependent 23

Walk Score - Car-Dependent

Almost all errands require a car
Transit Score Badge
Some Transit 28

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
18

Bike Score - Somewhat Bikeable

Minimal bike infrastructure

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