987 Beach Dr, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1049601 · Listed Sep 14, 2026
Welcome to 987 Beach Drive, set on a remarkable 12,500+ square foot waterfront lot in the heart of highly sought-after South Oak Bay. This bright and charming Cape Cod character home enjoys unobstructed ocean and mountain views spanning the Salish Sea, San Juan Islands, Ten Mile Point, and the distant coastal range. The residence offers three bedrooms upstairs with the flexibility of a potential primary bedroom on the main level. Just steps from your front door is the Victoria Golf Club, widely regarded as one of the finest golf courses in Canada, with the Oak Bay Marina and Oak Bay Beach Hotel as neighbouring landmarks. Whether fishing, whale watching, paddle boarding, or simply enjoying the coastal setting, this is a rare lifestyle opportunity surrounded by some of the most prestigious waterfront homes on Vancouver Island.
| Property Type | Single Family Residence |
| Bedrooms | 3 |
| Bathrooms | 3 |
| Interior | 3,030 sqft |
| Lot Size | 12,632 sqft (0.29 acres) |
| Lot Features | Central Location, Irregular Lot, Marina Nearby, Near Golf Course |
| Parking | 4 spaces (2 garage) |
| Year Built | 1950 |
| Heating | Electric, Hot Water, Propane |
| Basement | Partial, Other |
| Exterior | Wood |
| Roof | Asphalt Shingle, Wood |
| Foundation | Concrete Perimeter |
| Flooring | Carpet, Wood |
| Water | Municipal |
| Sewer | Sewer To Lot |
| Zoning | Residential |
| Taxes | $17,547.85 (2026) |
| MLS® # | 1049601 |
| Brokerage | eXp Realty |
181 homes sold in South Oak Bay in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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181 homes sold in South Oak Bay in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.
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Similar properties sold within 6 months
181 sales in South Oak Bay in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
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181 sales in South Oak Bay in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.
free account · one email · no obligation · already a member? log in
South Oak Bay single-family averages, updated daily. See South Oak Bay market stats or Oak Bay market stats.
It is listed at $3,250,000.
A Single Family Residence in South Oak Bay, Oak Bay with 3 bedrooms, 3 bathrooms, 3,030 sqft, built in 1950.
It has 2 parking spaces (Attached, Garage Double, Guest).
The lot is 12,632 sqft (0.29 acres).
Oak Bay is currently a seller's market: median sold price $1,885,000, 3.6 months of inventory, homes typically selling in about 40 days.
There are 31 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 $1,885,000, based on 181 sales over the past 12 months. The median price per square foot is $818. Compare asking prices across the houses currently for sale in South Oak Bay.
NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 21, 2026.
