Oak Bay Waterfront Real Estate

Locally known as “behind the tweed curtain” in homage to original British development of the area, Oak Bay is a Victoria municipality challenging stereotypes and offering alternatives. Oak Bay is both established and innovating, and maintains an easy hospitality in keeping with the inclusive community atmosphere.

This desirable heritage neighbourhood located just 4 kilometres from downtown Victoria has a distinct British influence that has been maintained over generations. This influence is so powerful that even today, Oak Bay is locally referred to as ‘behind the tweed curtain’! Despite its age and repute, this neighbourhood continues to be innovating and maintains an inclusive and vibrant residential and commercial community. Unlike many North American neighbourhoods, Oak Bay was designed using a British ‘high street’ model creating a neighbourhood village on the main street, Oak Bay Avenue, comprising important daily commercial business such as banks and grocery stores as well as specialty boutiques, wellness centres, cafes, restaurants and more! Radiating outward from Oak Bay Avenue are beautiful green spaces, stunning beaches, exclusive recreation clubs, oceanfront resorts, top-tier public and private schools and premium assisted-living facilities. While this area is generally known for its higher real estate price tag, affluent clients looking to invest in this elegant borough of Victoria can find single-family homes on idyllic streets, high-end condos, and stunning oceanfront homes.

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  • 1069/1101 Beach Dr in Oak Bay: OB South Oak Bay Land for sale : MLS®# 1008863

    1069/1101 Beach Dr OB South Oak Bay Oak Bay V8S 2N2
    Main Photo: 1069/1101 Beach Dr in Oak Bay: OB South Oak Bay Land for sale : MLS®# 1008863

    1069/1101 Beach Dr Oak Bay V8S 2N2 OB South Oak Bay

    $52,500,000
    Residential
    Status:
    Active
    MLS® Num:
    1008863
    *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 rare assembly offers two titles, over 1,000 ft of shoreline, private beach access, an unprecedented buildable area, and panoramic views of the Haro Strait. Surrounded by established multi-family buildings and iconic amenities including Victoria Golf Club, Oak Bay Beach Hotel, and Oak Bay Marina, the property offers unmatched potential for a legacy project. Under the new OCP, these properties are identified 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. Professionally cleared and surveyed, with comprehensive geotechnical, environmental, traffic, and servicing reports complete, these parcels are primed for development. Get in touch to explore the possibilities. More details
    Listed by Sotheby's International Realty Canada
    LISTING DETAILS
    LEBLANC PIERCY GROUP

  • 2086 Marne St in Oak Bay: OB Gonzales Single Family Residence for sale : MLS®# 1015576

    2086 Marne St OB Gonzales Oak Bay V8S 4J8
    Main Photo: 2086 Marne St in Oak Bay: OB Gonzales Single Family Residence for sale : MLS®# 1015576

    2086 Marne St Oak Bay V8S 4J8 OB Gonzales

    $4,750,000
    Residential
    Status:
    Active
    MLS® Num:
    1015576
    Bedrooms:
    4
    Bathrooms:
    3
    Floor Area:
    2,495 sq. ft.
    Rare Oak Bay west facing Oceanfront! This stunning executive home on Gonzales Bay offers the perfect blend of modern luxury,comfort & natural beauty. With 4 bedrms, 3 bathrms, & ample living space, this home is perfect for families, entertainers, or anyone who loves to live in style.The chef's kitchen is a dream, with top-of-the-line appliances & custom cabinetry, entertainment sized living/dining rooms & a primary suite that is truly a sanctuary(wake up to the sound of waves and step right onto the beach for a morning stroll or swim).Enjoy multiple outdoor waterfront sitting areas allowing you to soak up the sun & breathe in the fresh ocean air or take advantage of the hot tub & watch the sunset over the water.Located just minutes from downtown Victoria, Fairfield & Cook Street Village, this home offers the best of both worlds: a peaceful, private retreat on the water, with all the conveniences & amenities of city living. Don't miss your chance to own this west facing waterfront gem! More details
    Listed by Real Broker B.C. Ltd.
    LISTING DETAILS
    LEBLANC PIERCY GROUP

  • 261 King George Terr in Oak Bay: OB Gonzales Single Family Residence for sale : MLS®# 1017278

    261 King George Terr OB Gonzales Oak Bay V8S 2J8
    Main Photo: 261 King George Terr in Oak Bay: OB Gonzales Single Family Residence for sale : MLS®# 1017278

    261 King George Terr Oak Bay V8S 2J8 OB Gonzales

    $6,500,000
    Residential
    Status:
    Active
    MLS® Num:
    1017278
    Bedrooms:
    5
    Bathrooms:
    5
    Floor Area:
    6,061 sq. ft.
    Experience timeless elegance at 261 King George Terrace, a remarkable south-facing waterfront estate in Oak Bay's prestigious Gonzales neighbourhood. Built in 1933 and set on over 0.8 acres, this exquisite home boasts panoramic views of the ocean, Trial Islands, and Olympic Mountains from nearly every room. Watch whales from your beautifully landscaped backyard, framed by incredible natural rockwork. Inside, the home offers the flexibility of one-level living on the main floor featuring a spacious kitchen, formal dining and living room, principal suite, and more—making everyday living exceptionally convenient. Downstairs, a full-height walk-out basement expands your options with additional living space that opens into pristine grounds. Dual driveways each lead to their own detached double garage. With its historic charm, thoughtful layout, and spectacular setting, this is a rare opportunity to own one of Victoria’s most iconic seaside estates. More details
    Listed by The Agency
    LISTING DETAILS
    LEBLANC PIERCY GROUP

  • 505 1175 Beach Dr in Oak Bay: OB South Oak Bay Condo for sale : MLS®# 1023053

    505 1175 Beach Dr OB South Oak Bay Oak Bay V8S 2N2
    Main Photo: 505 1175 Beach Dr in Oak Bay: OB South Oak Bay Condo for sale : MLS®# 1023053

    505 1175 Beach Dr Oak Bay V8S 2N2 OB South Oak Bay

    $4,300,000
    Residential
    Status:
    Active
    MLS® Num:
    1023053
    Bedrooms:
    2
    Bathrooms:
    3
    Floor Area:
    2,129 sq. ft.
    Welcome to the premier penthouse in the award-winning Oak Bay Beach Hotel. This 2,129 sq. ft. residence offers 2 bedrooms with spa-inspired ensuites, a den/optional 3rd bedroom, and a guest powder room. High-end appliances, granite countertops, and hardwood floors complete the elegant interior, while two balconies showcase stunning views of Mt. Baker and the Haro Strait. Enjoy the convenience of hotel living with access to the pool, hot tub, sauna, concierge, room service, and housekeeping. A secure double garage and a walkable location near the Victoria Golf Club, Oak Bay Marina, and Oak Bay Village make this the ultimate in luxury and ease. More details
    Listed by Engel & Volkers Vancouver Island
    LISTING DETAILS
    LEBLANC PIERCY GROUP

  • 987 Beach Dr in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1023587

    987 Beach Dr OB South Oak Bay Oak Bay V8S 2N2
    Main Photo: 987 Beach Dr in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1023587

    987 Beach Dr Oak Bay V8S 2N2 OB South Oak Bay

    $3,699,000
    Residential
    Status:
    Active
    MLS® Num:
    1023587
    Bedrooms:
    3
    Bathrooms:
    3
    Floor Area:
    3,030 sq. ft.
    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. More details
    Listed by eXp Realty
    LISTING DETAILS
    LEBLANC PIERCY GROUP
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Data was last updated January 29, 2026 at 02:05 PM (UTC)
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.
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