688 Falkland Rd, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1044641 · Listed Aug 5, 2026
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 Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Interior | 4,144 sqft |
| Lot Size | 11,242 sqft (0.26 acres) |
| Lot Features | Corner Lot, Irrigation Sprinkler(s), Landscaped, Marina Nearby, Near Golf Course, Rectangular Lot |
| Parking | 4 spaces (2 garage) |
| Year Built | 1934 |
| Fireplaces | 2 |
| Heating | Baseboard, Electric, Forced Air, Natural Gas |
| Basement | Crawl Space, Finished, Full, Walk-Out Access, With Windows |
| Exterior | Stucco |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Hardwood, Tile |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $12,297.85 (2026) |
| Extras | Dishwasher, Oven/Range Gas, Range Hood, Refrigerator |
| MLS® # | 1044641 |
| Brokerage | Royal LePage Coast Capital - Chatterton |
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South Oak Bay single-family averages, updated daily. See South Oak Bay market stats or Oak Bay market stats.
It is listed at $2,898,000.
A Single Family Residence in South Oak Bay, Oak Bay with 5 bedrooms, 4 bathrooms, 4,144 sqft, built in 1934.
It has 2 parking spaces.
The lot is 11,242 sqft (0.26 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.