*Foreign Buyer Ban Exempt* Once-in-a-generation offering in one of Canada’s most distinguished coastal enclaves. Situated on Oak Bay’s prestigious Beach Drive, this site boasts over 1,000 ft of shoreline, private beach access, unprecedented buildable surface area, and panoramic views of the Haro Strait. Surrounded by pre-existing multi-family buildings and the neighbourhood’s most iconic amenities; Victoria Golf Club, Oak Bay Beach Hotel, and the Oak Bay Marina, this property offers unmatched potential for a legacy project. Already professionally cleared and surveyed, along with comprehensive geotechnical, environmental, traffic, and servicing reports complete, these parcels are primed for development. Or, buy and hold as the value of the largest and most desirable parcel of oceanfront land in Oak Bay continues to grow. This is Vancouver Island’s largest, most central, and easily developable piece of oceanfront land, located in one of the country’s most resilient real estate markets.
Data was last updated August 17, 2025 at 08:05 PM (UTC)
Area Statistics
Listings on market:
61
Avg list price:
$1,950,000
Min list price:
$495,000
Max list price:
$52,500,000
Avg days on market:
51
Min days on market:
2
Max days on market:
222
Avg price per sq.ft.:
$827.77
These statistics are generated based on the current listing's property type
and located in
OB South Oak Bay. Average values are
derived using median calculations. This data is not produced by the MLS® system.