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The Place to Be in Beautiful BC
Just a short drive from downtown Victoria, you’ll find the charming oceanside residential community called Oak Bay.
Named after the distinctive trees which line its streets, this area is steeped in heritage and “Olde British” charm. Oak Bay is also one of the most desirable residential areas in the nation.
It is said, and it’s true, that Oak Bay has million-dollar views at any time of the day. The Scenic Marine Drive leads through the Royal Victoria Golf Course, the oldest course in the Pacific Northwest. Continuing along the Drive, stately mansions hug the shorelines to the east and the south in Uplands, a neighbourhood famous for having more millionaires per square mile than any other place in Canada.
The community of Oak Bay has a great dining scene and an excellent shopping district with a fantastic array of specialty shops and art galleries. Just stroll the peaceful pedestrian-friendly streets of elegant homes and gardens to fall in love with Oak Bay.
987 Beach Dr
Oak Bay
V8S 2N2
$3,250,000
Residential
beds: 3
baths: 3.0
3,030 sq. ft.
built: 1950
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1049601
- Bedrooms:
- 3
- Bathrooms:
- 3
- Year Built:
- 1950
- Photos (56)
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Welcome to 987 Beach Drive, set on a remarkable 12,500+ square foot waterfront lot in the heart of highly sought-after South Oak Bay. This bright and charming Cape Cod character home enjoys unobstructed ocean and mountain views spanning the Salish Sea, San Juan Islands, Ten Mile Point, and the distant coastal range. The residence offers three bedrooms upstairs with the flexibility of a potential primary bedroom on the main level. Just steps from your front door is the Victoria Golf Club, widely regarded as one of the finest golf courses in Canada, with the Oak Bay Marina and Oak Bay Beach Hotel as neighbouring landmarks. Whether fishing, whale watching, paddle boarding, or simply enjoying the coastal setting, this is a rare lifestyle opportunity surrounded by some of the most prestigious waterfront homes on Vancouver Island.
- Property Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1950 (Age: 76)
- Living Area:
- 3,030 sq. ft.
- Main Building Living Area:
- 3,030 sq. ft.
- Listing General Location:
- OB South Oak Bay, Oak Bay
- Bedrooms:
- 3
- Bathrooms:
- 3.0 (Full:-/Half:-)
- Lot Size:
- 12,632 sq. ft.
- Kitchens:
- 1
- Construction:
- Wood
- New Construction:
- No
- Basement:
- Partial, Other
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle, Wood
- Levels:
- 3
- Floor finish:
- Carpet, Wood
- Total Building Area:
- 4,088 sq. ft.
- Total Unfinished Area:
- 1,058 sq. ft.
- # Bedrooms or Dens Total:
- 3
- # Main Level Bedrooms:
- 0
- # Second Level Bedrooms:
- 3
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 0
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 1
- # Second Level Bathrooms:
- 2
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 0
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 485 sq. ft.
- Living Area Main Floor:
- 1,531 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,014 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 0
- Fireplace Details:
- Family Room, Living Room, Propane, Wood Burning
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer To Lot
- Cooling:
- None
- Heating:
- Electric, Hot Water, Propane
- Fireplace:
- No
- Breakfast Nook, Dining Room
- Blinds
- Mountain(s), Ocean
- Ocean Front
- Near Oak Bay Beach Hotel and the Victoria Golf Club.
- Main Level
- 0
- Yes
- No
- Unrestricted
- Jurisdiction name:
- District of Oak Bay
- Number of 2 piece baths:
- 0
- Number of 3 piece baths:
- 1
- Number of 4 piece baths:
- 1
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 1
- Number of 4 piece Ensuites:
- 0
- Leased Equipment:
- Propane Tank
- Property Condition:
- Resale
- Exposure / Faces:
- Northwest
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Central Location, Irregular Lot, Marina Nearby, Near Golf Course
- Attached Garage:
- Yes
- Carport Spaces:
- 0
- Garage Spaces:
- 2
- Garage:
- Yes
- Parking Features:
- Attached, Garage Double, Guest
- Total Parking Spaces:
- 2
- Date Listed:
- Sep 14, 2026
- Original Price:
- 3250000.0
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Listed by eXp Realty
Data was last updated September 22, 2026 at 04:05 PM (UTC)
Area Statistics
- Listings on market:
- 69
- Avg list price:
- $1,799,000
- Min list price:
- $367,500
- Max list price:
- $52,500,000
- Avg days on market:
- 60
- Min days on market:
- 1
- Max days on market:
- 403
- Avg price per sq.ft.:
- $832.95
These statistics are generated based on the current listing's property type
and located in
OB South Oak Bay. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
- NEIL BOSDET
- ROYAL LEPAGE COAST CAPITAL REALTY
- 250.580.6780
- Contact by Email
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