5585 148 St, Surrey, BC, MLS® R3070136

$3,199,999
Est. Mortgage /mo

NEW

$3,199,999
Est. Mortgage /mo
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
10 Beds
11 Baths
2 Stories
lot 17116 sqft
8695 sqft
2017 built
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Photos
Map
Street view
Schools
Crime
Commute
Shop & Eat

5585 148 St, Surrey, BC | MLS® R3070136 Property Details

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.

General Info

Price $3,199,999
Total Bedrooms 10
Total Bathrooms 10
Half Bathrooms 1
Floor Area Total (sqft) 8695
Lot Size 17116
Lot Size Depth Feet
Lot Size Frontage 88.61
Basement Finished
Basement Features BasementFeatures

Property Metrics

Year Built 2017
Age Of Building 8
Building Type Single Family Residence
Property Type Residential
Stories 2
Appliances Included Washer/Dryer, Dishwasher, Refrigerator, Stove
Building Amenities Exercise Centre
Building Features BuildingFeatures
Structures Residential Detached

Additional Details

MLS® # R3070136
Area Surrey
Neighbourhood Panorama Ridge
City Surrey
Gross Taxes $11,203.32
Ownership Type Freehold NonStrata
Maintenance Fee -
Amenities Nearby Exercise Centre

Heating & Cooling

Fireplace 5
Heating Type Electric, Natural Gas, Radiant
Cooling Central Air, Air Conditioning

Utilities

Utility Type Community, Electricity Connected, Natural Gas Connected, Water Connected
Utility Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Water (WaterSource) Public

Parking

Parking Type Additional Parking, Garage Double, Front Access
Total Parking Spaces 15

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Strata Restrictions -
Rental Restrictions -
Zoning R1
Rental Suites -
# of Kitchens 4
Foundation Concrete Perimeter
Interior Features Central Vacuum, Wet Bar
Locker -
View 1
View Description CITY
Units In Development -
Exterior Features Garden, Balcony
Sewer Public Sewer, Sanitary Sewer, Storm Sewer
Roof Asphalt

Property History

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Status Date Price
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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.

Neighborhood Info

Public Schools

Secondary
Sullivan Heights Secondary School
1.5 km
Elementary
Sullivan Elementary School
Average
1.26 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
2.14 km
Elementary, Secondary
Regent Christian Academy
2.14 km

Closest Transit

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

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

Welcome to 5585 148 Street, Surrey, BC - A Charming Neighborhood in the Heart of Panorama Ridge

As we step into this beautiful community, you'll notice the warm and inviting atmosphere that makes 5585 148 Street a perfect place to call home. With its stunning schools, safe streets, and convenient amenities, this neighborhood is a haven for families and individuals alike.

Top-Notch Schools in the Area

The property at 5585 148 Street, Surrey, BC (MLS® R3070136) is serviced by Sullivan Elementary School, a highly-rated institution with a 5.9/10 rating. This school is just a short 1.26 km away, making it an ideal choice for families with children. Additionally, Sullivan Heights Secondary School, with a rating of No Rating, is also within a 1.5 km radius, providing students with access to quality education from elementary to high school.

For those seeking alternative educational options, Regent Christian Academy, an independent elementary school with a 8.1/10 rating, is just 2.14 km away. This school offers a unique and personalized approach to learning, making it an attractive choice for families seeking a different educational experience.

Safe and Welcoming Community

According to Statistics Canada's 2020 report, the neighbourhood surrounding 5585 148 Street, Surrey, BC has an overall crime rate of 7,512.73, which is average compared to other Canadian cities. This indicates that the community is safe and welcoming, providing residents with peace of mind and a sense of security.

While the crime rate is average, it's worth noting that the drug crime rate in the area is above average, with a rating of 390.7 and 2,339 illegal substances lawbreaking disturbances in 2020. However, the property crime rate is average, with a rating of 3,746.17 and 22,427 incidents in 2020. The violent crime rate in the neighbourhood is below average, with a rating of 1,310.25 and 7,844 incidents in 2020.

Convenient Amenities and Transportation

The closest bus station to 5585 148 Street, Surrey, BC is Northbound 144 St @ 57 Ave, which is just 0.82 km away. This provides residents with easy access to public transportation, making it convenient to get around the city without a car.

Thriving Community with a Mix of Residents

The neighbourhood surrounding 5585 148 Street, Surrey, BC (MLS® R3070136) is a vibrant and diverse community, with a mix of families, young professionals, and long-time residents. According to the data, 23% of the population has a university certificate or degree, which is above average in comparison to other BC neighbourhoods. This indicates that the community values education and has a strong emphasis on lifelong learning.

Economic Stability and Growth

The median household income in the area is $97,728, which is high compared to the British Columbia average. This suggests that the community is economically stable, with residents enjoying a good standard of living. The median personal income is $33,830, which is average compared to the BC average. The percentage of households with a mortgage is 73.2%, which is high, indicating that many residents own their homes.

Growing Population and Diverse Demographics

The population change between 2011 and 2016 was 39.7%, which is high compared to the average growth rate of the region. This indicates that the community is growing and attracting new residents. The population density per square kilometre is 1,254.5, which is average. The average size of families in the area is 3.1, which is above average compared to the whole region.

Amenities and Lifestyle

The area surrounding 5585 148 Street, Surrey, BC (MLS® R3070136) is well-equipped with amenities, including parks, beaches, trails, dog parks, shopping malls, grocery stores, restaurants, and coffee shops. The average value of dwellings in the neighbourhood is $880,172, which is high compared to other areas in British Columbia. The average owner payments are high, with owners spending $1,849 on average for their dwellings. Tenants are paying $1,206 on average, which is above average compared to other cities.

Conclusion

In conclusion, 5585 148 Street, Surrey, BC (MLS® R3070136) is a charming neighborhood that offers a unique blend of safety, convenience, and community spirit. With its top-notch schools, average crime rate, and thriving community, this area is an attractive choice for families and individuals seeking a welcoming and supportive environment.

Local Info

Calculate your monthly mortgage payments

/month
Principal & Interest
Property Taxes $202
Maintenance fee 0
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Cash Flow Analysis

/month
Mortgage Payment $3201
Monthly Payment $3802
Break Even Down Payment 0%
All figures are informational estimates by Estateblock.com; actual mortgage payments and insurance rates vary by many factors.

Price Evaluation Chart

Filter
Beds Home Types Square Feet Lot Size Year Built
This Home $3,199,999
Surrey No comparables
Panorama Ridge No comparables
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 Price Comparision

This house $1,400,000
Surrey

No comparables

Fleetwood Tynehead $1,399,000 -6.38%
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
Dan Marusin
Dan Marusin
Renanza Realty
778-918-5990
Award-Winning REALTOR® with 11+ Years of Experience Serving Greater Vancouver

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Similar Sold listings

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5585 148 Street, Surrey, BC
Sold
$3,850,000

5585 148 Street, Surrey, BC

10 Beds
11 Baths
8695 sqft
2017 built
MLS® R2777684 ,

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