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Oak Bay, BC, V8S2M4 • V8S • Capital Regional District
$1476/sqft
Down payment assistance available
3Beds
1Baths
1,423Sqft
0.18 acLot
1952Built
Waterfront Property
Direct water access
Scenic Views
Mountain(s) · Ocean
1 Fireplace
Living Room · Wood Burning
1-Car Garage
Driveway · Garage
Demand and pricing signals for this listing
41 views
People checking out this listing
4 days on market
Just listed — act fast
$1,476/sqft
Price per square foot
Single Family · Built 1952
Set in the heart of South Oak Bay, this exceptional 7,893 sq.ft. southwest-facing corner lot offers unobstructed views over McNeill Bay and toward the Olympic Mountains. With 87 ft. of frontage on Beach Drive and 85 ft. on St. Patrick’s Street, the property presents a rare and highly desirable building opportunity. The existing 1,423 sq.ft. three-bedroom, one-bath rancher provides holding income, though the true value lies in the land and its premier location. Whether you envision a custom dream home or are a developer exploring multi-unit potential (buyer to verify with the District of Oak Bay), this is a remarkable opportunity. Just steps to Oak Bay Village, Victoria Golf Club, and Oak Bay Beach Hotel. Offered at $2.1M.
Based on current rates
Est. 6.75% rate · 30yr fixed · $1,680,000 loan
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Key facts and listing details
9 categories of property features
1 room detailed
Kitchen
MainMarket data and value estimates
1 school rated nearby
Oak Bay, BC, V8S2M4
1 event
Local context around this listing
Oak Bay, BC • Capital Regional District
Nearby cities
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Listing content Copyright 2026 Vancouver Island Real Estate Board & Victoria Real Estate Board. The above information is from sources deemed reliable, but should not be relied upon without independent verification.
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