Investor Alert! Ocean View Lot with Development Potential situated on a desirable hillside in White Rock with panoramic views of the ocean and Gulf Islands, this 6,400 sq. ft. RS3 zoned property presents a rare opportunity for investors, builders, and future homeowners. Whether you are looking to capitalize on the zoning potential for a 4 to6 unit house-plex, renovate the existing structure, or hold for long-term appreciation, this location delivers exceptional value. The current 3 bedroom, 2 bathroom home offers 1,519 sq. ft. space with a flexible layout. With a little updating, the suite could serve as an income generator or temporary residence during redevelopment. It's prime positioning near the beach, shops, and top schools only adds to the long-term appeal. Subject to Court Approval.
Address
14763 Mcdonald Avenue
List Price
$1,825,000
Property Type
Residential
Type of Dwelling
Single Family Residence
Structure Type
Residential Detached
Area
South Surrey White Rock
Sub-Area
White Rock
Bedrooms
3
Bathrooms
2
Floor Area
1,519 Sq. Ft.
Main Floor Area
715
Lot Size
6400 Sq. Ft.
Lot Size Dimensions
54 x 120
Lot Size (Acres)
0.15 Ac.
Lot Size Units
Square Feet
Total Building Area
1519
Frontage Length
54
Year Built
1927
MLS® Number
R3004066
Listing Brokerage
Macdonald Realty (Surrey/152)
Basement Area
None
Postal Code
V4B 2C7
Zoning
RS3
Ownership
Freehold NonStrata
Parking
Open
Tax Amount
$8,554.00
Tax Year
2024
Site Influences
Balcony
Exterior Features
Balcony
Board Or Association
Fraser Valley
Heating
Yes
Heat Type
Forced Air, Natural Gas
Levels
Two
Number Of Floors In Property
2
View
Yes
View Type
ocean
