5658 124 Street, Surrey, BC
•Panorama Ridge- $3,488,888
- 9 bed
- 9 bath
- 9854 sqft
- Built in 1993




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.
This Single Family Residence home located at 12501 53 Avenue, Surrey is currently for sale and has been available on Strawhomes.com for 75 days. This property is listed at $3,698,000 with an estimated mortgage of $17,295* per month. It has 4 beds, 3 bathrooms, and is 2,133 square feet. The property was built in 1967. 12501 53 Avenue, Surrey BC V3X 3B6 is in the Panorama Ridge Houses neighbourhood Surrey. West Newton, Elgin Chantrell and East Newton are nearby neighborhoods.
Selling
| MLS® # | Date | Event | Price |
|---|---|---|---|
| XXXXXXXXXX | Xxx XX, XXXX | Listed | — |
| XXXXXXXXXX | Xxx XX, XXXX | Xxxxxxx | $X,XXX,XXX |
| Xxx XX, XXXX | Xxxxxx | $X,XXX,XXX |
| Year | Land + Improvements | Assessment |
|---|---|---|
| Current | $2,362,000 + $80,300 | $2,442,300 |
| Area | Avg. Price | Updated |
|---|---|---|
| This Home | $3,698,000 | Jul 8, 2026 |
| Surrey | $1,359,005 | Oct 5, 2026 |
| Panorama Ridge | $1,880,101 | Oct 5, 2026 |
With 4,433 detached houses in Surrey, finding your perfect home will be easy.
This freehold detached house was built in 1967 and is currently listed at $1,734 per square foot. The property sits on a 43,537 sq ft lot with 113 feet of frontage. The property offers 4 parking spaces, a garage, 1 fireplace, scenic views. Annual property taxes were assessed at $8,510 in 2025.
Located in the city of Surrey, within the province of British Columbia, the address 12501 53 AVENUE resides in the Panorama Ridge neighbourhood of Surrey.
Neighboring communities include West Newton, East Newton and Sullivan Station. 53 has 3 homes currently on the market, while the district of Panorama Ridge has 139 postings on the market. This is roughly 3.1% of Surrey's total 4,433 listings on the market. The average listed price of a detached house in Panorama Ridge is $1,884,553, with an estimated mortgage of $8,814 per month.* That is 1.4 the average list price of $1,370,681 for a detached house in Surrey.
The average Panorama Ridge listed detached house is 3,558 sq ft, has 6 beds, and 5 baths.
In the area surrounding 12501 53 AVENUE, detached houses outnumber townhouses on the market.
The monthly payment amount is an approximation calculated loan requiring a 20% down payment at a 5% rate for a 5-year mortgage term
MLS®#: R3144460 · $3,698,000 · 4 bedroom detached house in Panorama Ridge Surrey.
The list price of the House at 12501 53 Avenue, Surrey is $3,698,000 and has been listed on strawhomes.com. 12501 53 Avenue, Surrey, BC V3X 3B6 has 4 beds, 3 baths, and is 2,133 sq ft. This MLS® listing ID R3144460 was built in 1967. 12501 53 Avenue, Surrey is located in the city of Surrey Houses for sale, and situated in a great neighbourhood called Panorama Ridge Houses for sale.
This House is a detached property that is currently for sale and was listed on July 8, 2026, or listed 2 months ago on our web site. This detached house is for sale and is located in the neighbourhood of Panorama Ridge. It was built in the year of 1967, or 59 years old. The full mailing address is 12501 53 Avenue, Surrey, BC, V3X 3B6. It has 4 beds & 3 baths. The list price of this detached house is $3,698,000 and the living area is 2,133 sq ft, or $1,734 per square foot. The lot is 43,537 sq ft.
The postal code V3X 3B6 has a few open houses in Surrey British Columbia Canada. This Panorama Ridge detached house for sale is one of Lower Mainlands best priced properties in the Panorama Ridge neighbourhood.
If you would like to calculate your mortgage payment for this listing located at V3X 3B6 and need a mortgage calculator please see above.
For sellers wanting to get a home value of their house for sale near This MLS® listing ID R3144460, please contact us using make an appointment button below and then click to see what is my home worth button to have a Surrey listing agent contact you with our selling system. Richard Morrison is a top real estate agent located in Surrey Panorama Ridge.
You can see Price History, house prices, Walk Score, and property disclosure above. The data relating to real estate on this website (MLS® R3144460) comes in part from the Surrey MLS® Reciprocity program of either Greater Vancouver REALTORS® (GVR), the Fraser Valley Real Estate Board (FVREB) or the Chilliwack and District Real Estate Board (CADREB).