554 Beach Dr, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1033666 · Listed Apr 27, 2026
Breathtaking 180-Degree views of McNeill Bay, the Olympic Peninsula, and Trial Islands! Perched on the edge of Anderson Hill Park, this beautifully updated 3,026 sq. ft. executive home is designed to embrace its setting. Nearly every room showcases the ever-changing coastal outlook, with the spacious primary bedroom and ensuite serving as a peaceful sanctuary. Southwestern exposure delivers spectacular sunsets and warm summer evenings, while the thoughtfully designed layout—with three bedrooms, a den, and three gas fireplaces—is ideal for entertaining and everyday living. Enjoy direct park access and watch marine life and passing boats from your home. Just steps from Victoria Golf Club, Oak Bay Marina, and the Oak Bay Beach Hotel, and a short stroll to the shops and restaurants of Oak Bay Village. A rare offering combining tranquility and vibrant coastal living in a turn-key updated luxury home, complete with a built-in elevator and double garage. Schedule your viewing today.
| Property Type | Single Family Residence |
| Bedrooms | 4 |
| Bathrooms | 4 |
| Interior | 3,026 sqft |
| Lot Size | 8,800 sqft (0.2 acres) |
| Lot Features | Marina Nearby, Near Golf Course |
| Parking | 6 spaces (2 garage) |
| Year Built | 1988 |
| Fireplaces | 3 |
| Heating | Forced Air, Natural Gas |
| Basement | Full, Partially Finished, Walk-Out Access, With Windows |
| Exterior | Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco |
| Roof | Asphalt Torch On |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Tile |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $13,239.93 (2025) |
| Extras | Built-In Range, Dishwasher, Dryer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer |
| MLS® # | 1033666 |
| Brokerage | Newport Realty Ltd. |
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.
554 Beach Dr, Oak Bay sold on May 27, 2026, after 30 days on the market.
The sold price is available free with an 8X account; it was listed at $3,295,000. It is shown publicly once the sale is registered with BC Assessment.
It was on the market for 30 days, from April 27, 2026 to May 27, 2026.
A Single Family Residence in South Oak Bay, Oak Bay with 4 bedrooms, 4 bathrooms, 3,026 sqft, built in 1988.
It has 4 parking spaces.
The lot is 8,800 sqft (0.2 acres).
Oak Bay is currently a seller's market: median sold price $1,885,000, 2.6 months of inventory, homes typically selling in about 40 days.
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 3, 2026.
