South Oak Bay · Single Family Residence · MLS® 1049601 · Listed Sep 14, 2026
3
Beds
3
Baths
3,030
Sqft
12,632 sqft
Lot
4
Parking
1950
Built
Overview
About This Property
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 Details
Features & Details
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)
Laundry
In House
MLS® #
1049601
Brokerage
eXp Realty
Location
Map
Neighbourhood
Neighbourhood Scores
Public record · MLS® record
Property History
For sale now at $3,250,000.
Listed (Active)MLS®
Sep 14, 2026 · 53 days on market
$3,250,000
•••••Members-only MLS® event
Jun 2026
$•,•••,•••
•••••Members-only MLS® event
Apr 2026
$•,•••,•••
•••••Members-only MLS® event
Apr 2026
$•,•••,•••
•••••Members-only MLS® event
Apr 2026
$•,•••,•••
•••••Members-only MLS® event
Feb 2026
$•,•••,•••
•••••Members-only MLS® event
Jan 2026
$•,•••,•••
SoldREALTOR.ca
Aug 17, 2020 recorded
Recorded sale
$2,150,000
Owned 7 months · −$100,000
SoldREALTOR.ca
Jan 31, 2020 recorded
Recorded sale
$2,250,000
No registered sales on file yet.
Members see these events: listings, price changes, sales and days on market. Create a free account
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence; recorded sales from REALTOR.ca. Days on market are per listing. Terms of Use.
Sold Comparables
Recently Sold Nearby
Similar properties sold within 6 months
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sold comparables
See what comparable homes near 987 Beach Dr, Oak Bay actually sold for.
93 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.
See what comparable homes near 987 Beach Dr, Oak Bay actually sold for.
93 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.
A Single Family Residence in South Oak Bay, Oak Bay with 3 bedrooms, 3 bathrooms, 3,030 sqft, built in 1950.
Does 987 Beach Dr, Oak Bay have parking?
It has 2 parking spaces (Attached, Garage Double, Guest).
How big is the lot at 987 Beach Dr, Oak Bay?
The lot is 12,632 sqft (0.29 acres).
What is the Oak Bay real estate market like now?
Oak Bay is currently a seller's market: median sold price $1,870,000, 3.9 months of inventory, homes typically selling in about 41 days.
What other houses are for sale in South Oak Bay?
There are 30 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 $1,870,000, based on 93 sales over the past 12 months. The median price per square foot is $815. Compare asking prices across the houses currently for sale in South Oak Bay.
