A direct spring loaded pressure relief valve (DSLPRV) is an efficient hydraulic structure used to control a potential water hammer in pipeline systems. The optimization of a DSLPRV was explored to consider the instability issue of a valve disk and the surge control for a pipeline system. A surge analysis scheme, named the method of characteristics, was implemented into a multiple-objective genetic algorithm to determine the adjustable factors in the operation of the DSLPRV. The forward transient analysis and multi-objective optimization of adjustable factors, such as the spring constant, degree of precompression, and disk mass, showed substantial relaxation in the surge pressure and oscillation of valve disk in a hypothetical pipeline system. The results of the regression analysis of surge were compared with the optimization results to demonstrate the potential of the developed method to substantially reduce computational costs.