586 Island Rd, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1041493 · Listed Jun 27, 2026
Nestled on one of South Oak Bay’s most storied country lanes, this 3-bed, 3-bth home blends modern comfort with old-world charm. The living room features lofted ceilings, a gas fireplace & leafy outlooks, opening to a well-proportioned dining room. The kitchen offers a walk-in pantry, granite counters & a sunny breakfast nook flowing into a generous family rm with cozy feature fireplace. French doors lead to a beautifully landscaped & colourful English garden for easy indoor-outdoor living! A main-level office/den, full laundry rm and 2-car drive-in garage with workshop add excellent utility and storage. Recent upgrades include beautiful new white-oak hardwood floors, new heating and domestic hot water system, EV charger & solar system. Immaculately cared for & exceptionally private and quiet, this sensational home sits on a street where listings are rare, just steps to Anderson Hill Park, the Victoria Golf Club, top schools & popular neighbourhood restaurant/cafes!
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Interior | 2,523 sqft |
| Lot Size | 6,652.1 sqft (0.15 acres) |
| Lot Features | Central Location, Irrigation Sprinkler(s), Landscaped, Near Golf Course, Private, Quiet Area |
| Parking | 5 spaces (2 garage) |
| Year Built | 1994 |
| Fireplaces | 2 |
| Heating | Electric, Heat Pump, Radiant Floor, Solar |
| Basement | None |
| Exterior | Frame Wood, Insulation All, Stucco |
| Roof | Asphalt Shingle |
| Foundation | Concrete Perimeter |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $10,533.96 (2026) |
| Extras | Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer |
| MLS® # | 1041493 |
| Brokerage | Sotheby's International Realty Canada |
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.
It is listed at $2,250,000.
A Single Family Residence in South Oak Bay, Oak Bay with 3 bedrooms, 3 bathrooms, 2,523 sqft, built in 1994.
It has 3 parking spaces.
The lot is 6,652.1 sqft (0.15 acres).
Oak Bay is currently a seller's market: median sold price $1,892,500, 2.4 months of inventory, homes typically selling in about 40 days.
There are 23 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 176 sales over the past 12 months. The median price per square foot is $822. 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 8, 2026.
