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:
Residential
Type:
Single Family Residence
Year built:
1950
(Age: 76)
Living Area:
3,030 sq. ft.281 m2
Main Building Living Area:
3,030 sq. ft.281 m2
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
3
Bathrooms:
3.0
(Full:-/Half:-)
Lot Size:
12,632 sq. ft.1,174 m2
Kitchens:
1
Construction:
Wood
New Construction:
No
Basement:
Partial, Other
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle, Wood
Levels:
3
Floor finish:
Carpet, Wood
Total Building Area:
4,088 sq. ft.380 m2
Total Unfinished Area:
1,058 sq. ft.98.3 m2
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
0
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
485 sq. ft.45.1 m2
Living Area Main Floor:
1,531 sq. ft.142 m2
Living Area Other Floor:
0 sq. ft.0 m2
Living Area 2nd Floor:
1,014 sq. ft.94.2 m2
Living Area 3rd Floor:
0 sq. ft.0 m2
Fireplaces:
0
Fireplace Details:
Family Room, Living Room, Propane, Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer To Lot
Cooling:
None
Heating:
Electric, Hot Water, Propane
Fireplace:
No
Breakfast Nook, Dining Room
Blinds
Mountain(s), Ocean
Ocean Front
Near Oak Bay Beach Hotel and the Victoria Golf Club.
Main Level
0
Yes
No
Unrestricted
Jurisdiction name:
District of Oak Bay
Number of 2 piece baths:
0
Number of 3 piece baths:
1
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
1
Number of 4 piece Ensuites:
0
Leased Equipment:
Propane Tank
Property Condition:
Resale
Exposure / Faces:
Northwest
Layout:
Main Level Entry with Lower/Upper Lvl(s)
Lot Site Features:
Central Location, Irregular Lot, Marina Nearby, Near Golf Course
Data was last updated January 20, 2026 at 08:05 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.