1039 Falkland Rd, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1022089 · Listed Jan 15, 2026
Welcome to 1039 Falkland Road- a landmark new residence in the heart of South Oak Bay.Built by award winning White Wolf Homes & designed by Blackline Home Design,this 2,575 sq.ft. masterpiece blends timeless architecture with elevated modern living. Featuring 3 bedrooms, a main-floor office, and 3 bathrooms, every detail has been thoughtfully curated for today’s family lifestyle. The open-concept main level showcases a chef’s kitchen with custom millwork, wide-plank hardwood floors, and direct access to a private, low-maintenance yard — perfect for effortless indoor-outdoor living. Upstairs, a refined primary suite offers a spa-inspired ensuite and walk-in closet. A private one-bedroom suite above the garage adds versatility for guests, family, or income potential. Located in one of Victoria’s most desirable enclaves,steps from top schools,parks,beaches& Oak Bay Village- a rare opportunity to own a brand-new home at an incredible entry point in South Oak Bay’s most established setting.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Interior | 2,576 sqft |
| Lot Size | 3,659.21 sqft (0.08 acres) |
| Parking | 4 spaces (1 garage) |
| Year Built | 2025 |
| Fireplaces | 1 |
| Heating | Heat Pump, Radiant Floor |
| Basement | Crawl Space |
| Exterior | Cement Fibre, Shingle-Wood |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter, Other |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $1 (2025) |
| Extras | Built-In Range, Dishwasher, Dryer, Freezer, Microwave, Oven Built-In, Oven/Range Electric, Oven/Range Gas, Refrigerator, Washer |
| MLS® # | 1022089 |
| Brokerage | RE/MAX Camosun |
Similar properties sold within 6 months
South Oak Bay single-family averages, updated daily. See South Oak Bay market stats or Oak Bay market stats.
1039 Falkland Rd, Oak Bay sold on January 30, 2026, after 15 days on the market.
It sold for $2,467,500 (listed at $2,350,000). Source: BC Assessment (registered sale).
It was on the market for 15 days, from January 15, 2026 to January 30, 2026.
A Single Family Residence in South Oak Bay, Oak Bay with 4 bedrooms, 4 bathrooms, 2,576 sqft, built in 2025.
It has 3 parking spaces.
The lot is 3,659.21 sqft (0.08 acres).
1039 Falkland Rd, Oak Bay sold for $2,467,500, 50.5% above its BC-assessed value of $1,640,000 (assessed July 1, 2025) — a sale-to-assessment ratio of 150%. Source: BC Assessment.
Oak Bay is currently a seller's market: median sold price $1,892,500, 2.6 months of inventory, homes typically selling in about 41 days.
There are 25 houses for sale in South Oak Bay right now. Browse all South Oak Bay houses for sale to see current listings, updated daily from the MLS® system.
The median house sold price in South Oak Bay is $1,892,500, based on 178 sales over the past 12 months. The median price per square foot is $824. Compare asking prices across the houses currently for sale in South Oak Bay.
MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Aug 17, 2026.
