5758 131a Street in Surrey: Panorama Ridge House for sale : MLS®# R2950538

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#1 Ranked foreclosure (Court Ordered) REALTOR in Vancouver*Even in a city like Vancouver, known for its robust real estate market, properties can still fall into foreclosure or be subject to a court-ordered sale. I specialize in listing and selling foreclosure properties across Vancouver, Burnaby, Richmond, and the rest of the lower mainland. It’s crucial to work with an agent experienced in dealing with banks, lawyers, and the complexities of foreclosure contracts. Buying and selling foreclosure properties is not a standard transaction, and many agents lack the necessary knowledge and expertise.Foreclosure in Vancouver involves the legal termination of a homeowner’s rights to list their property. This process starts when the homeowner fails to repay their mortgage, prompting the lender to take steps to reclaim and sell the property to recover the outstanding debt.Foreclosure in Vancouver is a court-ordered process. The lender first issues a notice of default to the homeowner, offering an opportunity to repay the outstanding debt. If the homeowner is unable to do so during the redemption period (typically 6 months), the lender can take the case to Court and request a Court order giving them Conduct of Sale.

Once the Court grants this order, the lender can proceed with selling the property. The sale proceeds are used to repay the mortgage debt, with any surplus funds going to the homeowner.I have managed numerous foreclosure listings in Vancouver, working with various banks and lawyers. I have successfully sold properties and recovered over $50,000,000 in loan assets for my clients.My handling of court-ordered sales in recent years has been marked by professionalism and successful outcomes every time. If you are a bank or lawyer handling a foreclosure file, please contact me for further information about my track record of success.Since 2009, no Realtor in Vancouver has listed more homes by Court order than I have.*(2009 – 2025 most MLS listings for Court ordered sales) (Vancouver, Burnaby, West Vancouver)

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5758 131a Street
Panorama Ridge Surrey V3X 0K2

$2,599,000
Residential beds: 11 baths: 10.0 8,297 sq. ft. built: 2024

Main Photo: 5758 131a Street in Surrey: Panorama Ridge House for sale : MLS®# R2950538
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Status:
Active
Prop. Type:
Residential
MLS® Num:
R2950538
Bedrooms:
11
Bathrooms:
10
Year Built:
2024
Presenting a rare COURT ORDER SALE opportunity to complete and customize a nearly finished mega-home in one of the most sought after neighbourhoods. Spanning approximately 8,297 square feet, this impressive residence is framed and at the lock-up stage, with plumbing, electrical, air conditioning, and radiant heating rough-ins already in place. Nestled on a 20,000+ square foot lot, this home offers unparalleled potential to design your dream living space. Boasting five expansive primary bedrooms and 11 full bathrooms, the property provides abundant space for both luxurious living and grand entertaining. Multiple sitting areas, a recreation room, and a media room make it ideal for hosting and relaxation. Additional features include mortgage helper or nanny suites, adding financial support.
Property Type:
Residential
Dwelling Type:
Single Family Residence
Home Style:
Two Levels
Manufactured Type:
Year built:
2024 (Age: 1)
Living Area:
8,297 sq. ft.
Floor Area - Unfinished:
Floor Area - Detached 2nd Residence:
Building Area - Total:
8,297 sq. ft.
Levels:
Two
Rainscreen:
Bedrooms:
11 (Above Grd: 11)
Bathrooms:
10.0 (Full:10/Half:0)
Kitchens:
Rooms:
Taxes:
$9,992.28 / 2024
Lot Area:
20,037.6 sq. ft.
Lot Frontage:
90'
Lot Details:
90 x
Exposure / Faces:
Rear Yard Exposure:
Outdoor Area:
Balcony
Pad Rental:
# or % of Rentals Allowed:
Water Supply:
Plan:
EPP55911
New Construction:
Yes
Construction Materials:
Frame Wood, Other (Exterior)
Foundation:
Basement:
Property Condition:
Under Construction
Full Height:
Crawl Height:
Roof:
No. Floor Levels:
2.0
Floor Finish:
Floor Area Fin - Above Grade:
Floor Area Fin - Above Main:
2,796 sq. ft.
Floor Area Fin - Above Main 2:
0 sq. ft.
Floor Area Fin - Main:
3,409 sq. ft.
Floor Area Fin - Below Main:
Floor Area Fin - Below Grade:
Floor Area Fin - Basement:
Floor Area Fin - Total:
8,297 sq. ft.
Heating:
# Of Garage Spaces:
3.0
Patio And Porch Features:
Patio, Deck
Parking Features:
Garage Triple, Front Access, Driveway
Parking:
Garage Triple
# Of Parking Spaces - Total:
# Of Covered Spaces:
Parking Total/Covered:
10 / 3
Driveway:
Driveway Parking
Title to Land:
Freehold NonStrata
Flood Plain:
Suite:
Balcony
3
Council Approval:
Income Per Annum:
Oper. Expenses:
Net Operating Income:
Age Restrictions:
No
GST Included:
No
Tax Utilities Included:
false
Dist to Public Trans:
Dist to School Bus:
Property Disclosure:
Fixtures Leased:
Fixtures Removed:
Home Owners Association:
No
Previous Price:
Original Price:
Land Lease:
No
Zoning:
Access to property:
Utilities:
Electricity Connected, Water Connected
Telephone Service:
Electricity:
Yes
Fencing:
Sewer:
Public Sewer, Sanitary Sewer, Storm Sewer
Plumbing Details:
Sketch Attached:
Restrictions:
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Listed by Century 21 Coastal Realty Ltd.
Data was last updated April 24, 2025 at 01:35 PM (UTC)
Area Statistics
Listings on market:
150
Avg list price:
$1,649,700
Min list price:
$610,000
Max list price:
$8,000,000
Avg days on market:
55
Min days on market:
1
Max days on market:
386
Avg price per sq.ft.:
$565.07
These statistics are generated based on the current listing's property type and located in Panorama Ridge. Average values are derived using median calculations.
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