12921 56 Avenue, Panorama Ridge, Surrey – 5 Bed House for Sale

$4,500,000
Active Listed 1 month ago
Key facts
Beds
5
Baths
3
Living area
3,380 sqft
Lot size
70,132 sqft
Frontage
View
Year built
1935
Property tax
$13,354/yr
MLS®
R3150097

Description

SUBDIVISION POTENTIAL – APPROX. 3 LOTS! Rare opportunity to own 1.61 acres in prestigious Panorama Ridge. Zoned R1 (½ Acre Residential) with Suburban 1 OCP designation, offering potential for an approximate 3-lot subdivision (buyer to verify with City of Surrey). Features 2 road frontages, city water, and sewer at 56 Ave. The existing 3,400 sq. ft. Tudor-style home offers 6 bedrooms and 3 bathrooms on a private, park-like property with mature fruit trees and is on septic. Surrounded by luxury estate homes and easy access to King George Blvd, HWY to Richmond, and South Surrey/White Rock. Build, develop, or hold as an investment. Opportunity awaits!

History

Mortgage & Wealth

Your estimated monthly cost — including strata and taxes — and the equity you could build over 5 years on this $4,500,000 home. Adjust the two figures below to match your plan.

Monthly Cost
Mortgage payment
Property tax (est.)
Total / month
5-Year Wealth
Down payment
Mortgage paid down (5 yr)
Est. appreciation*
Equity after 5 yrs

*Assumes a conservative 3%/yr appreciation. Estimates only — your rate, term and CMHC costs may vary. Mortgage questions? Call us 604-330-3784

Mortgage Pre-Qualification

About Panorama Ridge, Surrey — Houses Market

Over the past 12 months, 72 houses have sold in Panorama Ridge, Surrey, with properties spending an average of 41 days on market. Sign in to view sold price data.

There are currently 97 other houses for sale in Panorama Ridge. Browse all Panorama Ridge houses for sale.

97
Active Listings
72
Sold (12 Mo)
41
Avg Days on Market

Amenities

Private Yard

Features

Washer/Dryer

Site Influences

Private Yard Private

Property Information

MLS® # R3150097
Property Type House
Dwelling Type House/Single Family
Home Style Residential Detached
Kitchens 1
Year Built 1935
Parking Garage Double
Tax $13,354 in 2026
Postal Code V3W 2P4
Complex Name Panorama Ridge
Address 12921 56 Avenue
Subarea Panorama Ridge
City Surrey
Listed By RE/MAX Treeland Realty

Floor Area (sq. ft.)

Main Floor 1,552
Above 3,380
Total 3,380

Location

Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
07/27/2026 This Property 5 3 1 $4,500,000 Login to View 46 2 1935 3,380 sqft 70,132 sqft
06/09/2026

5612 129a Street

9 10 4 $4,499,900 Login to View 94 2 2023 8,815 sqft 20,137 sqft
08/05/2026

13245 57 Avenue

7 9 3 $4,199,000 Login to View 37 2 2018 7,936 sqft 20,630 sqft
07/21/2026

13421 55a Avenue

7 10 3 $3,999,900 Login to View 52 2 2008 10,840 sqft 24,567 sqft
07/20/2026

12673 54 Avenue

8 9 3 $4,999,900 Login to View 53 2 2022 6,274 sqft 37,461 sqft
Date Address Bed Bath Kitchen Asking Price Sold Price $/Sqft DOM Levels Built Living Area Lot Size
08/14/2026

13745 58a Avenue

6 5 2 $1,499,988 $1,380,000 (-8.0%) Login to View 67 2 1993 3,151 sqft 7,176 sqft
08/11/2026

6268 131a Avenue

6 4 1 $1,249,900 $1,195,000 (-4.4%) Login to View 8 2 1984 3,246 sqft 7,104 sqft
08/10/2026

12392 63a Avenue

7 5 2 $1,599,999 $1,435,000 (-10.3%) Login to View 41 2 1991 4,403 sqft 7,233 sqft
07/22/2026

12201 Northpark Crescent

3 2 1 $1,149,000 $1,088,500 (-5.3%) Login to View 76 2 1988 2,023 sqft 5,564 sqft
06/23/2026

12357 56a Avenue

6 6 3 $2,275,000 $2,190,000 (-3.7%) Login to View 5 2 1995 6,394 sqft 21,884 sqft
06/18/2026

5965 133 Street

3 2 1 $1,198,785 $1,180,000 (-1.6%) Login to View 2 1 1988 1,715 sqft 7,104 sqft
05/31/2026

12076 57 Avenue

5 3 1 $2,399,900 $2,198,000 (-8.4%) Login to View 45 2 1990 4,732 sqft 21,083 sqft
04/30/2026

13270 58 Avenue

3 2 1 $1,549,000 $1,540,000 (-0.6%) Login to View 23 1 1959 1,725 sqft 11,337 sqft
04/30/2026

5883 131a Street

5 4 2 $1,199,900 $1,155,000 (-3.7%) Login to View 17 2 2012 2,644 sqft 3,739 sqft
03/12/2026

13330 59b Avenue

6 4 2 $1,299,888 $1,245,000 (-4.2%) Login to View 65 2 1988 2,060 sqft 7,221 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
1 day ago

6304 135a Street

4 2 1 $1,045,000 Login to View 1 2 1986 1,890 sqft 4,648 sqft
1 day ago

5856 131st Street

5 4 3 $1,239,800 Login to View 1 2 2012 2,503 sqft 3,554 sqft
6 hours ago

13430 64 Avenue

6 3 2 $1,199,000 Login to View 2 2 1987 2,315 sqft 7,216 sqft
6 hours ago

13897 56a Avenue

4 3 1 $2,150,000 Login to View 2 1 1969 3,686 sqft 30,492 sqft
1 day ago

5686 125a Street

6 5 2 $2,349,000 Login to View 2 2 1990 5,657 sqft 20,632 sqft
1 day ago

5814 122 Street

4 4 1 $1,189,000 Login to View 2 2 1998 3,198 sqft N/A
2 days ago

69 15037 58 Avenue

3 4 1 $869,980 Login to View 2 3 2000 2,504 sqft N/A
2 days ago

12582 62b Avenue

7 4 2 $1,424,900 Login to View 3 2 1998 3,562 sqft 4,209 sqft
2 days ago

10 6366 126 Street

2 3 1 $698,000 Login to View 3 3 2006 1,388 sqft N/A
1 week ago

12647 58 Avenue

6 3 3 $2,999,999 Login to View 8 2 1968 2,117 sqft 22,653 sqft
Date Address Bed Bath Kitchen Asking Price $/Sqft DOM Levels Built Living Area Lot Size
4 weeks ago

8632 152 Street

5 3 1 $1,989,000 Login to View 31 1 1938 1,763 sqft 12,562 sqft

House for Sale in Panorama Ridge, Surrey

House for sale in Panorama Ridge, Surrey — listed at $4,500,000. This 5 bedroom, 3 bathroom house offers 3,380 sq ft of living space ($1,331/sq ft) and was built in 1935. The property sits on a 70,132 sq ft lot in the Panorama Ridge neighbourhood of Surrey. Home style: Residential Detached. Parking: Garage Double. Outdoor: Private Yard, Private. Building amenities include Private Yard. Property features include Washer/Dryer. Annual property taxes: $13,354 (2026). Listed by RE/MAX Treeland Realty — MLS® #R3150097.

Frequently Asked Questions About 12921 56 Avenue

Common questions buyers ask about this listing:

What year was this home built in?

12921 56 Avenue, Surrey, V3W 2P4 was built in 1935.

How long has this property been listed for?

12921 56 Avenue, Surrey, V3W 2P4 was listed on 07/27/2026 by RE/MAX Treeland Realty.

Is this property air conditioned?

12921 56 Avenue, Surrey, V3W 2P4 does not have an air conditioner.

How wide is the lot?

The lot is 107 feet wide.

Is there a basement in this home?

None.

What is the listing price of this house?

The listing price of 12921 56 Avenue, Surrey, V3W 2P4 is $4,500,000.

How many bedrooms does this house have?

12921 56 Avenue, Surrey, V3W 2P4 is a 5 bedroom, 3 bathroom house with 3380 sq ft of living space.

What is the square footage of this house?

12921 56 Avenue, Surrey, V3W 2P4 has 3380 sq ft of living space.

What is the MLS® number for this house?

The MLS® number for 12921 56 Avenue, Surrey, V3W 2P4 is R3150097.

What neighbourhood is this house in?

12921 56 Avenue, Surrey, V3W 2P4 is located in the Panorama Ridge neighbourhood of Surrey, BC.

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Disclaimer: Listing data is based in whole or in part on data generated by the Real Estate Board of Greater Vancouver and Fraser Valley Real Estate Board which assumes no responsibility for its accuracy. - The advertising on this website is provided on behalf of BC Condos & Homes - Re/Max Crest Realty, 300 - 1195 W Broadway, Vancouver, BC

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