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.
Data was last updated April 3, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
58
Avg list price:
$1,899,500
Min list price:
$415,000
Max list price:
$52,500,000
Avg days on market:
43
Min days on market:
2
Max days on market:
231
Avg price per sq.ft.:
$810.12
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.