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520 Island Rd
OB South Oak Bay Oak Bay V8S 2T6

$6,900,000
Residential beds: 4 baths: 5.0 4,501 sq. ft. built: 1992

Main Photo: 520 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 978292
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Status:
Active
Prop. Type:
Residential
MLS® Num:
978292
Bedrooms:
4
Bathrooms:
5
Year Built:
1992
Welcome to this stunning, Jenny Martin Designed 4 bedroom, 5 bathroom home located on Anderson Hill. Situated on a quiet lane way road, it offers unparalleled views of Mt Baker and Victoria Golf Club. Coast Prestige Homes won Card Award for this beautifully remodelled home. Boasting high-end finishes and an open-concept design with the highest of craftsmanship this home will truly impress. Enter and be greeted with vaulted ceilings, Italian marble throughout and venetian fresco. With a gym, hot tub and guest quarters in the home, it is an entertainers dream. Enjoy sunrises from the patio on the top floor overlooking the ocean. Don't miss out on this rare gem that combines extensive masonry, hardscape work throughout with a breathtaking natural setting. Call today!
Property Type:
Residential
Type:
Single Family Residence
Year built:
1992 (Age: 32)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
4,501 sq. ft.
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
4
Bathrooms:
5.0 (Full:-/Half:-)
Lot Size:
12,767 sq. ft.
Kitchens:
2
Home Style:
West Coast
Taxes:
Construction:
Stucco
New Construction:
No
Basement:
Crawl Space
Foundation:
Concrete Perimeter
Roof:
Fibreglass Shingle
Levels:
2
Ceiling Heights:
Total Building Area:
6,968 sq. ft.
Total Unfinished Area:
2,467 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:
3
# Third Level Bathrooms:
1
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
1
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,683 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,781 sq. ft.
Living Area 3rd Floor:
1,576 sq. ft.
Fireplaces:
4
Fireplace Details:
Family Room, Gas
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
Air Conditioning
Heating:
Heat Pump
Fireplace:
Yes
Pending Date:
Dryer, F/S/W/D
Dining Room, Elevator
Balcony/Patio
Mountain(s), Ocean
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
3rd Floor
3rd Floor
3rd Floor
3rd Floor
3rd Floor
3rd Floor
3rd Floor
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
2nd Floor
2nd Floor
3rd Floor
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:
Jurisdiction name:
District of Oak Bay
Legal Description:
Zoning:
SINGLE FAM
Units in Building:
Units in Community:
Number of 2 piece baths:
1
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:
2
Number of 4 piece Ensuites:
1
Property Condition:
Resale
Exposure / Faces:
North
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Irregular Lot, Private
Attached Garage:
No
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Driveway, Garage Double
Total Parking Spaces:
2
Common Parking Spaces:
0
Total Units:
Date Listed:
Oct 09, 2024
Original Price:
6900000.0
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Listed by eXp Realty
Data was last updated November 17, 2024 at 06:05 PM (UTC)
Area Statistics
Listings on market:
54
Avg list price:
$1,722,000
Min list price:
$415,000
Max list price:
$6,900,000
Avg days on market:
61
Min days on market:
5
Max days on market:
300
Avg price per sq.ft.:
$775.71
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.

Why Buy a House or Condo in Oak Bay ?


Oak Bay is one of the most desirable neighborhoods in Victoria, British Columbia. With its beautiful tree-lined streets, charming architecture, and stunning waterfront views, it's no wonder that many people are drawn to this area. Whether you're in the market for a house or a condo, there are plenty of reasons why Oak Bay might be the perfect place for you to call home. In this blog, we'll take a closer look at some of the top reasons to buy a house or condo in Oak Bay.


Really important !  Oak Bay is known for its outstanding quality of life. The neighborhood is home to numerous parks and green spaces, including the famous Oak Bay Beach Hotel and Spa, which offers a variety of recreational activities and wellness services. There are also plenty of hiking trails and beaches to explore, making it a perfect location for outdoor enthusiasts. With its friendly community feel and safe atmosphere, Oak Bay is a great place to raise a family or enjoy your golden years.

I also like that to buy a house or condo in Oak Bay is its proximity to downtown Victoria. With a quick drive or bus ride, you can be in the heart of the city in just minutes. This means that you'll have easy access to all of the shopping, dining, and cultural amenities that the city has to offer, without sacrificing the peace and tranquility of a quieter neighborhood.

In addition to its outstanding location, Oak Bay is also home to some of the most beautiful and historic homes in Victoria. The area boasts a wide range of architectural styles, from classic Victorian homes to modern contemporary designs. Whether you're looking for a cozy bungalow or a spacious waterfront estate, you're sure to find something that suits your taste and budget in Oak Bay.

If you're in the market for a condo, Oak Bay offers a number of excellent options as well. From modern high-rise buildings to charming heritage properties, there is a wide range of condos available to suit a variety of lifestyles and budgets. Many of the condos in Oak Bay offer stunning views of the ocean or the city skyline, and some even come with amenities such as swimming pools, fitness centers, and on-site concierge services.

When it comes to real estate investments, Oak Bay is also a great choice. The neighborhood has consistently held its value over the years and has seen steady appreciation in property values. Whether you're looking to buy a home for yourself or as an investment property, Oak Bay is a smart choice that is sure to pay off in the long run.

In conclusion, there are plenty of reasons to consider buying a house or condo in Oak Bay. With its outstanding quality of life, proximity to downtown Victoria, beautiful homes and condos, and strong real estate market, it's no wonder that Oak Bay is one of the most sought-after neighborhoods in Victoria. Whether you're a young family, a retiree, or a real estate investor, Oak Bay has something to offer everyone.

If you're considering purchasing a home or condo in Oak Bay, it's important to work with a knowledgeable and experienced real estate agent who can help guide you through the process and ensure that you find the perfect property for your needs and budget. Your agent can provide valuable insights into the local real estate market, help you navigate the sometimes complex process of purchasing a home, and ensure that you get the best possible deal on your new property.

In conclusion, if you're looking for a great place to call home in Victoria, BC, Oak Bay should be at the top of your list. With its unbeatable location, charming homes and condos, and outstanding quality of life, there's no better place to enjoy all that this beautiful city has to offer. So why wait? Start exploring the many great homes and condos available in Oak Bay today and discover the perfect property for your needs and lifestyle.

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.