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.
Data was last updated January 20, 2026 at 06:05 PM (UTC)
Area Statistics
Listings on market:
42
Avg list price:
$1,673,500
Min list price:
$415,000
Max list price:
$52,500,000
Avg days on market:
86
Min days on market:
5
Max days on market:
221
Avg price per sq.ft.:
$772.76
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.