Buy in Oak Bay Gonzales Real Estate and Homes For Sale
554 Beach Dr
Oak Bay
V8S 2M5
$3,450,000
Residential
beds: 4
baths: 4.0
3,026 sq. ft.
built: 1988
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 1024508
- Bedrooms:
- 4
- Bathrooms:
- 4
- Year Built:
- 1988
- Photos (96)
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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:
- Signup
- Existing Lease Expiry:
- Signup
- Living Area:
- 3,026 sq. ft.
- Listing General Location:
- OB South Oak Bay, Oak Bay
- Bedrooms:
- 4
- Bathrooms:
- 4.0 (Full:-/Half:-)
- Lot Size:
- 8,800 sq. ft.
- Lot Details:
- 44x200
- Kitchens:
- 1
- Home Style:
- Character, Contemporary, West Coast
- Taxes:
- Signup
- 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:
- Signup
- Floor finish:
- Carpet, Hardwood, Tile
- Total Building Area:
- 4,515 sq. ft.
- Total Unfinished Area:
- 1,489 sq. ft.
- Commercial Area:
- Signup
- # 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:
- 51 sq. ft.
- Living Area Main Floor:
- 1,733 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 1,242 sq. ft.
- Living Area 3rd Floor:
- 0 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:
- Signup
- 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
- Size
- Other
- Floor
- Ensuite
- Pieces
- Other
- Financing Notes:
- Signup
- Assessed:
- Signup
- Assessment year:
- Signup
- Approximate Inventory Value:
- Signup
- Fixed Equipment Approx. Value:
- Signup
- Goodwill Approx. Value:
- Signup
- Gross Income:
- Signup
- Net Operating Income:
- Signup
- Association Fee:
- Signup
- Association Fee Frequency:
- Signup
- Association Fee Year:
- 0
- Jurisdiction name:
- District of Oak Bay
- Legal Description:
- Signup
- Accessibility:
- Accessible Entrance, Wheelchair Friendly
- Units in Building:
- Signup
- Units in Community:
- Signup
- 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:
- Signup
- Date Listed:
- Jan 29, 2026
- Original Price:
- 3450000.0
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Virtual Tour
Listed by Newport Realty Ltd.
Data was last updated February 5, 2026 at 08:05 AM (UTC)
Area Statistics
- Listings on market:
- 42
- Avg list price:
- $1,912,500
- Min list price:
- $415,000
- Max list price:
- $52,500,000
- Avg days on market:
- 53
- Min days on market:
- 1
- Max days on market:
- 209
- Avg price per sq.ft.:
- $891.72
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.
- BC HOME GROUP
- Exp Realty Inc
- 1-778-401-9545
- Contact by Email
Oak Bay Real Estate For Sale
When you are buying real estate in Oak Bay, you are looking to live in one of Victoria's most prestigious communities. Oak Bay has some of the most expensive Real Estate and some of the best ocean views in Victoria. Oak Bay is where the "Wealthy" of Victoria are said to live. The average home price in Oak Bay is around $1,000,000 and more. If you are looking for a waterfront property in Oak Bay, depending on the size of the lot and home, you are usually looking at a price point of $3,000,000 or more.
The Oak Bay village is where the community gathers on the weekend for some drinks and appetizers as well as local shopping and meetups. There is an exclusive community feeling to Oak Bay, and this is very desirable for the golfers and retirees of Canada.
A few of my clients who have bought in Oak Bay love it ! They always say you have one life, live it Grand. Buy Real Estate in Oak Bay.