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554 Beach Dr in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1024508

554 Beach Dr Oak Bay V8S 2M5 : OB South Oak Bay

Main Photo: 554 Beach Dr in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1024508
$3,450,000
Prop. Type:
Residential
MLS® Num:
1024508
Status:
Active
Bedrooms:
4
Bathrooms:
4
Year Built:
1988
Perched on the edge of Anderson Hill Park, this beautifully updated 3,026 sq. ft. executive home captures breathtaking 180-degree views of McNeill Bay, the Olympic Peninsula, and Trial Island. Designed to embrace its setting, nearly every room showcases the ever-changing coastal outlook, with the spacious primary bedroom and ensuite serving as a peaceful sanctuary. Southwestern exposure delivers spectacular sunsets and warm summer evenings, while the thoughtfully designed layout—with three bedrooms, a den, and three gas fireplaces—is ideal for entertaining and everyday living. Enjoy direct park access and watch marine life and passing boats from your home. Just steps from Victoria Golf Club, Oak Bay Marina, and the Oak Bay Beach Hotel, and a short stroll to the shops and restaurants of Oak Bay Village. A rare offering combining tranquility and vibrant coastal living in a turn-key updated luxury home, complete with a built-in elevator and double garage. Schedule your viewing today.
Property Type:
Residential
Type:
Single Family Residence
Year built:
1988 (Age: 38)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
Switch units of measure3,026 sq. ft.
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
4
Bathrooms:
4.0 (Full:-/Half:-)
Lot Size:
Switch units of measure8,800 sq. ft.
Lot Details:
44x200
Kitchens:
1
Home Style:
Character, Contemporary, West Coast
Taxes:
Building Features:
Handicap Facilities
Construction:
Frame Wood, Insulation: Ceiling, Insulation: Walls, Stucco
New Construction:
No
Basement:
Full, Partially Finished, Walk-Out Access, With Windows
Foundation:
Concrete Perimeter
Roof:
Asphalt Torch On
Ceiling Heights:
Switch units of measure
Floor finish:
Carpet, Hardwood, Tile
Total Building Area:
Switch units of measure4,515 sq. ft.
Total Unfinished Area:
Switch units of measure1,489 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
4
# Main Level Bedrooms:
1
# 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:
1
# 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:
Switch units of measure51 sq. ft.
Living Area Main Floor:
Switch units of measure1,733 sq. ft.
Living Area Other Floor:
Switch units of measure0 sq. ft.
Living Area 2nd Floor:
Switch units of measure1,242 sq. ft.
Living Area 3rd Floor:
Switch units of measure0 sq. ft.
Fireplaces:
3
Fireplace Details:
Family Room, Gas, Living Room
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Forced Air, Natural Gas
Fireplace:
Yes
Pending Date:
Built-In Range, Dishwasher, Dryer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer
Elevator, Jetted Tub, Sauna, Workshop
Insulated Windows, Skylight(s), Vinyl Frames
Balcony/Patio, Fencing: Partial, Garden, Low Maintenance Yard, Sprinkler System, Wheelchair Access
Mountain(s), Ocean
Between McNeill Bay and Victoria Golf Course
Main Level
0
Yes
No
Unrestricted
Floor
Type
Dimensions
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Lower Level
Lower Level
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
2nd Floor
Lower Level
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Association Fee Year:
0
Jurisdiction name:
District of Oak Bay
Legal Description:
Accessibility:
Accessible Entrance, Wheelchair Friendly
Units in Building:
Units in Community:
Number of 2 piece baths:
2
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
1
Other Equipment:
Electric Garage Door Opener
Occupancy:
Owner
Property Condition:
Resale, Updated/Remodeled
Utilities:
Natural Gas Connected
Exposure / Faces:
Southwest
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Marina Nearby, Near Golf Course
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Attached, Garage Double
Total Parking Spaces:
4
Total Units:
Date Listed:
Jan 29, 2026
Original Price:
3450000.0
Listed by Newport Realty Ltd.
Data was last updated April 3, 2026 at 06:05 PM (UTC)
Wally Marcinkovic
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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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.