HomeOak BaySouth Oak Bay

406 Beach Dr, Oak Bay | $1,950,000

406 Beach Dr, Oak Bay

South Oak Bay · Single Family Residence · MLS® 1030681 · Listed Apr 1, 2026

3
Beds
1
Bath
1,423
Sqft
7,893 sqft
Lot
3
Parking
1952
Built
Overview

About This Property

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.

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms3
Bathrooms1
Interior1,423 sqft
Lot Size7,893 sqft (0.18 acres)
Parking3 spaces (1 garage)
Year Built1952
Fireplaces1
HeatingForced Air
BasementCrawl Space
ExteriorFrame Wood
RoofAsphalt Shingle
FoundationConcrete Perimeter
WaterMunicipal
SewerSewer To Lot
ZoningResidential
Taxes$9,928.73 (2025)
MLS® #1030681
BrokerageSotheby's International Realty Canada
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VREB · Victoria Real Estate Board

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: Jul 1, 2026.