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$2,898,000New

688 Falkland Rd, Oak Bay

688 Falkland Rd, Oak Bay

South Oak Bay · Single Family Residence · MLS® 1044641 · Listed Aug 5, 2026

5
Beds
4
Baths
4,144
Sqft
11,242 sqft
Lot
4
Parking
1934
Built
Overview

About This Property

Prepare to have your heartstrings pulled. This classic Tudor revival is as spacious as it is beautiful with over 4,100 sq ft sprawled over 3 levels. The home is bathed in natural light from a canopy of skylights and has been masterfully transformed for modern living while retaining period craftsmanship like wood floors with inlay design. The heart of the home is an open-concept chef’s kitchen with vaulted ceilings, marble counters, premium appliances, secondary prep area, and a large island that flows to a west-facing deck surrounded by lush, mature English gardens. The versatile layout evolves with you over time and offers a main-floor primary wing with ensuite sitting area and laundry hook up in the closet. Meticulously maintained and smart-home enabled with upgraded plumbing/electrical, perimeter drains, gas furnace and on-demand hot water. Rare separate double-car garage with EV charger. Located in a coveted neighbourhood just blocks to parks, beaches and the city’s top schools.

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms5
Bathrooms4
Interior4,144 sqft
Lot Size11,242 sqft (0.26 acres)
Lot FeaturesCorner Lot, Irrigation Sprinkler(s), Landscaped, Marina Nearby, Near Golf Course, Rectangular Lot
Parking4 spaces (2 garage)
Year Built1934
Fireplaces2
HeatingBaseboard, Electric, Forced Air, Natural Gas
BasementCrawl Space, Finished, Full, Walk-Out Access, With Windows
ExteriorStucco
RoofFibreglass Shingle
FoundationConcrete Perimeter
FlooringCarpet, Hardwood, Tile
WaterMunicipal
SewerSewer Connected
ZoningResidential
Taxes$12,297.85 (2026)
ExtrasDishwasher, Oven/Range Gas, Range Hood, Refrigerator
MLS® #1044641
BrokerageRoyal LePage Coast Capital - Chatterton
Location

Map

Neighbourhood

Neighbourhood Scores

Property Insights

History & Activity

  • ListedJun 4, 2026MLS® 1038594$2,997,000
Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

The local market right now

south oak bay · single-family
$1,892,500
Median Sold
2.4
Months of Supply
40
Avg Days to Sell
Seller'S
Market

South Oak Bay single-family averages, updated daily. See South Oak Bay market stats or Oak Bay market stats.

Questions about this property

How much is 688 Falkland Rd, Oak Bay listed for?

It is listed at $2,898,000.

What kind of home is 688 Falkland Rd, Oak Bay?

A Single Family Residence in South Oak Bay, Oak Bay with 5 bedrooms, 4 bathrooms, 4,144 sqft, built in 1934.

Does 688 Falkland Rd, Oak Bay have parking?

It has 2 parking spaces.

How big is the lot at 688 Falkland Rd, Oak Bay?

The lot is 11,242 sqft (0.26 acres).

What is the Oak Bay real estate market like now?

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.

What other houses are for sale in South Oak Bay?

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.

How much do houses cost in South Oak Bay?

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.

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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: Aug 8, 2026.