Zardari, who is due to arrive in Lahore on Sunday, is expected to visit Bilawal House with his son, the sources said.
Bilawal House is located about 1.5 km from former premier Nawaz Sharif's palatial residence at Raiwind Road that is spread over 300 acres.
Sharif's residence has a mini zoo and is ringed by orchards and agricultural land.
The Bhutto-Zardari family have another Bilawal House in the southern port city of Karachi.
The residence in Lahore will serve as the main base in Punjab province for Bilawal during campaigning for the upcoming general election.
Property tycoon Malik Riaz Hussain, who is believed to be close to Zardari, was at the centre of a controversy last year after he alleged that he funded three foreign trips by Arsalan Iftikhar, the son of Supreme Court Chief Justice Iftikhar Chaudhry.
Hussain also claimed he had spent Rs. 342 million on Iftikhar to influence cases in the apex court.
The Supreme Court recently declared that matters involving Hussain and Iftikhar were a private issue between two individuals and they could resort to legal proceedings against each other.
