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$3,698,000

12501 53 AVENUE

Surrey · MLS® R3144460

4 bed · 3 bath · 3,402 sq ft · 43,537 sq ft lot · 4 parking

House · Single Family · built 1967 · 93 days on market

Listed by Anna Hong Lin Gou, LeHomes Realty Premier

Realtor's description

Rare 1-acre ocean view estate opportunity in prestigious West Panorama Ridge. Surrounded by luxury custom homes, this exceptional property offers the perfect setting to build your dream estate in one of Surrey's most desirable neighborhoods. Enjoy privacy, mature trees, and beautiful views toward the ocean, with even greater view potential from a future custom home. The existing residence provides flexibility while you plan your vision, but the true value is in the land, location, and lifestyle. Minutes to Colebrook Elementary, parks, golf, Hwy 99, and the U.S. border. A rare opportunity for builders, investors, or families seeking to create a legacy estate.

Property details

Type: House, Single Family
Bedrooms: 4
Bathrooms: 3
Living area: 3,402 sq ft
Lot: 43,537 sq ft
Parking: 4
Year built: 1967
Property tax: $8,510 / yr
Days on market: 93
MLS®: R3144460

Features

Washer
Refrigerator
Dryer
Storage Shed

Price check

2026 assessment: $2,442,300 · asking is +51%
Price per sq ft: $1,087 vs $532 median for houses in Surrey for sale (1849)

An estimate from public BC Assessment records, registered sales and the listings for sale right now, not an appraisal. Condition, renovations, views and lot all move real value.

Property insights

On market 93 days · no price changes so far

The market here

Listed now: 64 days; median for 1904 houses for sale; this one 93 days

Houses in Surrey. Sale prices register 1 to 3 months after a sale closes.

Property tax by year

Year	Assessed	Est. tax
2026	$2,442,300	$8,371

The listing shows $8,510 a year in property tax.

Estimate: the BC Assessment value times Surrey's residential tax rate for that year (Province of BC, local government statistics). Leaves out the home owner grant, parcel taxes and utility charges; the city's tax notice is the real figure.

Monthly cost

$16,821/mo

Mortgage $16,112 · Tax $709

20% down at 4.34% fixed (Ratehub.ca), 25 years; tax from the listing.

estimated payment

$16,112/ monthly

loan $2,958,400

25-year amortization

down payment20% · $739,60020%+ down: no mortgage insuranceinterest rate4.34%Rates from Ratehub.ca (best 5-year fixed and variable), checked Oct 9, 2026. Semi-annual compounding; your lender's rate may differ.amortizationpayment frequency

total interest: $1,875,149
property transfer tax: $102,900; BC general rate
cash to close: $842,500; down + PTT
total paid: $4,833,549

Estimates only. Rates change daily and lenders qualify at the stress-test rate; first-time-buyer and newly-built PTT exemptions aren't applied. Talk to a mortgage broker before you offer.

Location

Lot outline: 2,118 m² (22,798 sq ft) · PID 004-817-141. From ParcelMap BC; property lines are approximate, a survey is the legal boundary.

SurreyGoogle Maps ↗

Location

SurreyGoogle Maps ↗

Schools

Catchment schools, Surrey School District 36

Elementary Colebrook Elementaryhomes in this catchment
400 m away · 5404 125a St, Surrey · 604-596-3221
Secondary Panorama Ridge Secondaryhomes in this catchment
2.7 km away · 13220 64 Ave, Surrey · 604-595-8890

From the Surrey School District 36's published catchment maps. A catchment gives priority, not a guaranteed seat, and French immersion and choice programs work differently. The district confirms catchment: check with its school locator.

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