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$1,849,000

12891 Southridge Drive

Panorama Ridge, Surrey, BC, V3X 3C7

5 | 3 | 10 | 3,028 sq.ft. | Year Built: 1978 |

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Welcome to this exceptional Panorama Ridge home offering 3,000+ sq ft on over ½ acre with beautiful OCEAN & VALLEY VIEWS. This contemporary split-level features 5 bedrooms &3 bathrooms, including a stunning primary retreat w. ocean views & private patio. Bright, spacious layout with large principal rooms, 4 bedrooms up &1 on the lower level. The private backyard is an oasis with a large patio, hot tub, gazebo & lush landscaping. RARE 4 CAR GARAGE plus ample open parking. Significant updates include roof, heat pump/A/C, windows, kitchen, bathrooms and in-ground irrigation. Close to horse trails, Mud Bay, golf, walking paths, shops & easy highway access. Minutes to the US border, airport and beaches. Luxury, space and lifestyle combined.

Property Info

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MLS®: R3104697

Listing Courtesy of RE/MAX Performance Realty

Total Bedrooms 5

Total Bathrooms 3

Floor Space 3028 sq.ft.

Lot Size 22651 sq.ft.

Title Freehold NonStrata

Date Listed XXXX-XX-XX

Property Type House

Listed Price $1,849,000

Unit Pricing $611/sq.ft.

Strata Fee $0.00

Tax Estimate $5,904/Year

Year Built 1978

Interior Features

Rooms

Main Foyer 10'1 * 5'7

Main Living Room 21'8 * 13'5

Main Dining Room 13'4 * 9'10

Main Kitchen 13'4 * 11'9

Main Eating Area 10'0 * 6'0

Main Recreation Room 19'4 * 12'7

Main Bedrooms 19'6 * 16'0

Main Pantry 4'0 * 3'7

Main Laundry 10'3 * 7'5

Above Primary Bedroom 20'6 * 19'6

Above Walk-In Closet 6'4 * 4'9

Above Bedrooms 15'9 * 12'2

Above Walk-In Closet 6'8 * 6'1

Above Bedrooms 10'7 * 10'3

Above Bedrooms 10'7 * 8'8

More Details

Storey 3

Floor Space Finished 3028.00 sq.ft.

Roof XXXXXXX

Zoning HA

Floor Finish XXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXXX

Exterior Finish XXXXXXXXXXXXXXXXXXXXXX

Out Door Area XXXXXXXXXX

Parking Garage Triple, Open, RV Access/Parking, Front Access

Parking Cover 4

Parking Total 10

Fuel Heating Forced Air

Water Supply XXXXXX

Foundation Concrete Perimeter

Summary

Location and General Information

Architectural Style: 3 Level Split
MLS Area Major: Surrey
Street Name: Southridge
City: Surrey
State Or Province: BC
Postal Code: V3X 3C7
Property Type: Residential
Property Sub Type: Single Family Residence

Taxes and HOA Information

Tax Year: 2025

Interior and Exterior Features

Bathrooms Information

Bathrooms Full: 2
Bathrooms Half: 1

Interior Features

Fireplaces Total: 1
Flooring: Hardwood, Tile, Wall/Wall/Mixed, Carpet
Basement: None

Exterior Features

Exterior Features: Balcony, Private Yard
Roof: Asphalt

Property

Utilities

Sewer: Public Sewer, Sanitary Sewer
Water Source: Public

Property and Assessments

Foundation Details: Concrete Perimeter
Year Built: 1978
Lot Size Square Feet: 22651
Building Area Total: 3028
Living Area: 3028

Lot Information

Lot Features: Central Location, Recreation Nearby
Parcel Number: 004620461

Sold History

Selling

R3104697 House Mar 30, 2026 Listed $1,849,000

R2893957 House Sep 1, 2024 Removed $2,249,000

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City Introduction

Overview of Surrey, BC, Canada

Population

Surrey is an important city in the Greater Vancouver region of British Columbia, with a population of approximately 682,000 (2024 data). Surrey is a multicultural city, with about 45% of residents belonging to visible minorities, including a significant South Asian community (26.1%) and a Chinese community (9%). Additionally, around 56% of residents speak a primary language other than English, reflecting its cultural diversity.

Economy

Key Industries: Healthcare, technology, retail, and logistics. The Surrey government has invested over CAD 16 billion in developing the healthcare and technology sectors, aiming to make Surrey a medical research hub in Canada.
Commercial Centers: Surrey's commercial areas are mainly concentrated in the downtown and surrounding regions, attracting both consumers and investors.
Educational Resources: Surrey is home to several high-quality schools and training institutions, such as Simon Fraser University (SFU) and Kwantlen Polytechnic University (KPU), contributing to a skilled workforce and fostering innovation.

Living Features

Natural Environment: Surrey boasts abundant natural landscapes, including numerous community parks and recreational centers, ideal for outdoor activities.
Transportation: Surrey is well-connected to downtown Vancouver via SkyTrain and bus systems, with a commute time of about 30 minutes.
Multiculturalism: The city's diverse communities and cultural events make it an inclusive and vibrant place to live.

Real Estate Investment

Prices: Surrey's housing prices are relatively moderate compared to Vancouver, with detached homes averaging $1.5 million CAD and condos around $700,000 CAD (2024).

Opportunities:

Stable rental market: Surrey's universities and job opportunities attract a steady stream of renters, ensuring high rental yields.
Long-term growth potential: Proximity to downtown Vancouver and ongoing infrastructure projects support sustained property value growth.

Risks:

Foreign buyer taxes (20%) and vacancy taxes may increase investment costs.
Rapid price increases in some areas require careful timing for investments.

Verdict

Surrey is ideal for those seeking a high quality of life and long-term investment. Popular residential areas include the downtown core and surrounding neighborhoods, while properties near transportation hubs are attractive for investors.

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