5585 148 St, Surrey BC - Single Family Residence for Sale - MLS# R3117566

$3,075,000
Est. Mortgage $13,604/mo
10 Beds
11 Baths
8695 sqft
354 $ /sqft
2017 built
$3,075,000
Est. $13,604/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 5585 148 Street

Panorama Ridge estate on a rare 17,116 sq.ft. lot, built in 2017 and designed for resort-style living. Approx. 8,695 sq.ft. with a dramatic entry, soaring ceilings, entertainer’s kitchen + spice/wok kitchen, and a main-floor primary suite. Stacking doors open to an incredibly private yard. Downstairs is your wellness club with an indoor pool, sauna, gym, media and bar. Major bonus: multiple revenue-generating suites producing $5,000+ monthly—ideal to offset costs or for multi-gen living. Potential for future industrial or office/retail development (buyer to verify with City/OCP). Radiant heat, A/C, double garage + RV parking. Showing by Private Appointment.

Interior Features

Basement Finished Area (sqft) 3291
Basement Features Finished
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Interior Features Central Vacuum, Wet Bar
Fireplace 5
Heating Type Electric, Natural Gas, Radiant
Cooling Central Air, Air Conditioning
# of Kitchens 4
Foundation Concrete Perimeter

Exterior Features

Exterior Features Garden, Balcony
View Description CITY
Roof Asphalt
Structures Residential Detached

Building Details

Price $3,075,000
Total Bedrooms 10
Total Bathrooms 11
Full Bathrooms 10
Half Bathrooms 1
Floor Area Total (sqft) 8695
Year Built 2017
Age Of Building 9
Building Type Single Family Residence
Property Type Residential
Stories 2
Building Amenities Exercise Centre
Ownership Type Freehold NonStrata
Amenities Nearby Exercise Centre
Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public
Parking Type Additional Parking, Garage Double, Front Access
Total Parking Spaces 15

Lot & Land

Lot Size 17116
Lot Size Depth Feet
Lot Size Frontage 88.61
MLS® # R3117566
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Postal Code V3S 3B5
Gross Taxes $11,203.32
Zoning R1

Property Timeline

Status Date Price
R3117566 / Active 04-29-2026 $3,075,000
R3097593 / Terminated 03-09-2026 $3,149,999
R3070136 / Terminated 11-25-2025 $3,199,999
R3051043 / Terminated 09-22-2025 $3,225,000
R3010388 / Expired 06-05-2025 $3,499,000
R2926900 / Terminated 09-19-2024 $3,549,000
R2899146 / Expired 06-27-2024 $3,549,000
R2777684 / Sold 07-28-2023 $3,850,000
Rooms
Floor Type Dimensions
Main Level Living Room 13'6 x 13'6 ft
Main Level Dining Room 12' x 12' ft
Main Level Family Room 21'9 x 21'9 ft
Main Level Eating Area 12' x 12' ft
Main Level Kitchen 13'3 x 13'3 ft
Main Level Wok Kitchen 12'8 x 12'8 ft
Main Level Primary Bedroom 13'2 x 13'2 ft
Above Level Bedroom 15'6 x 15'6 ft
Above Level Bedroom 17'1 x 17'1 ft
Above Level Bedroom 13' x 13' ft
Above Level Laundry 6'10 x 6'10 ft
Below Living Room 24' x 24' ft
Below Bar Room 12'4 x 12'4 ft
Below Bedroom 21'8 x 21'8 ft
Below Bedroom 15'9 x 15'9 ft
Below Recreation Room 46' x 46' ft
Below Sauna 12'4 x 12'4 ft
Basement Level Kitchen 9'1 x 9'1 ft
Basement Level Bedroom 13'3 x 13'3 ft
Basement Level Living Room 15' x 15' ft
Basement Level Kitchen 11'2 x 11'2 ft
Basement Level Bedroom 11'10 x 11'10 ft
Basement Level Bedroom 9'3 x 9'3 ft
Basement Level Bedroom 11'1 x 11'1 ft
Bathrooms
Floor Ensuite Pieces
Main Level No #2
Main Level Yes #3
Above Level Yes #4
Above Level Yes #4
Above Level Yes #4

Listed by: eXp Realty & eXp Realty

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

Secondary
Sullivan Heights Secondary School
1.51 km
Elementary
Sullivan Elementary School
Average
1.29 km
5.9/10

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

Private Schools

Elementary, Secondary
Regent Christian Academy
Above Average
2.16 km
8.1/10
Elementary, Secondary
Regent Christian Academy
Above Average
2.16 km
8.1/10

Closest Transit

Bus Stop
Northbound 144 St @ 57 Ave
0.81 km
Skytrain
Skytrain @ Bakerview/166 st Station ( Under Construction till 2029)
6.35 km

Crime Rate

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

Demographics

Post-Secondary Education
Below Average
23%
No Certificate/Degree
Above Average
19.7%
Owner Occupied
Average
73.2%
Employment Rate
Above Average
72.2%

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 — 6.35 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 PANORAMA RIDGE compares
This property
71 DOM
Listed
Panorama Ridge avg
Surrey avg

5585 148 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 V3S 3B5

Natural hazards vary by location and can change over time. The following provides a summary of potential impacts to this area, postal code V3S 3B5, 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 (~8.8 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 5585 148 Street

Walkability & Transit Near 5585 148 Street

Walk Score Badge
Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
50

Bike Score - Bikeable

Some bike infrastructure

BC Assessment Value — 5585 148 Street

2026 assessed value, sourced from City of Surrey open data (PID 007-174-764).
Total Assessed Value (2026)
$2,416,000
2026 Value Trend
Land
$1,390,000
Buildings
$1,026,000
Year Built
N/A
Class
N/A
Zoning
R1
Property Tax
N/A
Year Land Improvements Total Assessed YOY Change
2026 $1,390,000 $1,026,000 $2,416,000

Mortgage Calculator for 5585 148 Street

/month
Principal & Interest
Property Taxes $934
Maintenance fee 0
With a 20% down payment, buyers can expect an estimated $12,678/month in total housing costs on this $3,075,000 property — $11,744 mortgage payment, $934 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
Based on $9,200/month estimated rent and $12,902/month in total housing costs, this property has a -$3,702/month cashflow. Break-even down payment: approximately 46%.
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 $3,075,000
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.

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 5585 148 Street

Walk Score Badge
Car-Dependent 61

Walk Score - Somewhat Walkable

Some errands can be accomplished on foot
Transit Score Badge
Some Transit 35

Transit Score - Some Transit

A few nearby public transportation options
Bike Score Badge
Somewhat
Bikeable
50

Bike Score - Bikeable

Some bike infrastructure

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