$52,500,000
 $281,831 est/mo Sourced by Back At You

1069/1101 Beach Dr,Oak Bay, BC V8S2N2

Oak Bay, BC V8S2N2

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Description

*Foreign Buyer Ban Exempt* A once-in-a-generation opportunity in one of Canada's most distinguished coastal enclaves. Set along Oak Bay's prestigious Beach Drive, this rare assembly offers two titles, more than 1,000 feet of shoreline with private beach access, an exceptional buildable envelope, and panoramic views of the Haro Strait including Mount Baker to the Olympic Mountains. Neighbouring pre-existing multi-family buildings and Oak Bay's signature amenities: Victoria Golf Club, Oak Bay Beach Hotel, and Oak Bay Marina, underscore the site's suitability for a landmark, legacy-scale project. Importantly, the new Official Community Plan identifies these properties within a special study area for "larger sites and (multi lot) areas to be comprehensively planned and designed" for future land use changes, further highlighting their suitability for high-value redevelopment. The groundwork is done. The site is professionally cleared and surveyed, and is supported by complete geotechnical, environmental, traffic, and servicing reports, streamlining due diligence for visionary purchasers. Whether advancing a best-in-class coastal development or securing a blue-chip land hold, this is Vancouver Island's largest, most central, and sought after developable oceanfront opportunity in one of the country's most resilient real estate markets. Get in touch with us today to explore the possibilities. (id:13843)

Details

MLS #1008863
Listing TypeFor Sale
StatusActive
Days On Site446
Listing Provided BySotheby's International Realty Canada | Logan E. Wilson

Features

ZoningResidential
Acreage5.13
Water FrontYes
Property ViewMountain view, Ocean view

Interior

CoolingNone
HeatingOther
Fireplace Yes / NoNo

Exterior

Lot FeaturesAcreage, Central location, Curb & gutter, Park setting, Private setting, See remarks, Partially cleared, Other, Marine Oriented

Parking

Parking Total10

Taxes

Tax Annual Amount147672.82
Tax Lot2 & 6

Area Information

ProvinceBC
CityOak Bay
Postal CodeV8S2N2
Sourced by Back At You

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ProvinceBC
CityOak Bay
Postal CodeV8S2N2
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:47:39 PM PDT