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736 Falkland Rd, Oak Bay
South Oak Bay · Single Family Residence · MLS® 1053736 · Listed Nov 6, 2026
Completely rebuilt, this 5bd/4bth South Oak Bay home pairs timeless architecture w/refined contemporary design. Arched windows, skylights & expansive sliding doors bring in exceptional natural light while connecting the interior to the outdoors. Warm wood wide-plank flooring & marble finishes create an elegant yet comfortable feel w/a sculptural fireplace as a striking focal point in the living space. The custom kitchen is beautifully designed for both everyday living & entertaining, while 2bds & 2 beautifully finished bths offer the ease & flexibility of main-level living. Upstairs, the primary retreat features a private balcony, sitting area, dedicated closet hall & spa-inspired 5pc ensuite. The lower level offers a legal 2bd suite w/full kitchen, laundry, storage & private exterior access. A west-facing backyard w/gardens designed by Demitasse creates a private setting for enjoying those long summer evenings. Close to the ocean, beaches, parks & all the Oak Bay Ave amenities.
| Property Type | Single Family Residence |
| Bedrooms | 5 |
| Bathrooms | 4 |
| Interior | 3,268 sqft |
| Lot Size | 8,370 sqft (0.19 acres) |
| Lot Features | Central Location, Easy Access, Family-Oriented Neighbourhood, Irrigation Sprinkler(s), Level, Marina Nearby, Near Golf Course, Private, Quiet Area, Recreation Nearby, Shopping Nearby, Southern Exposure |
| Parking | 4 spaces (1 garage) |
| Year Built | 1931 |
| Fireplaces | 1 |
| Heating | Electric, Heat Pump, Hot Water, Natural Gas, Radiant Floor |
| Basement | Finished, Full, Walk-Out Access, With Windows |
| Exterior | Stucco |
| Roof | Fibreglass Shingle |
| Foundation | Concrete Perimeter |
| Flooring | Tile, Wood |
| Water | Municipal |
| Sewer | Sewer Connected |
| Zoning | Residential |
| Taxes | $15,935 (2026) |
| Laundry | In House, In Unit |
| Extras | Dishwasher, Dryer, Microwave, Oven/Range Gas, Range Hood, Refrigerator, Washer |
| MLS® # | 1053736 |
| Brokerage | The Agency |
For sale now at $3,250,000.
No registered sales on file yet.
Sources: MLS® (current listing and 8X deals), BC Assessment / Land Title, used under licence. Days on market are per listing. Terms of Use.
Similar properties sold within 6 months
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.
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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.
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 5 bedrooms, 4 bathrooms, 3,268 sqft, built in 1931.
It has 3 parking spaces (Driveway, Garage).
The lot is 8,370 sqft (0.19 acres).
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.
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.
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.
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: Nov 6, 2026.
