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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 (91)
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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)
- 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:
- $13,239.93 / 2025
- 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
- Floor finish:
- Carpet, Hardwood, Tile
- Total Building Area:
- 4,515 sq. ft.
- Total Unfinished Area:
- 1,489 sq. ft.
- # 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
- 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
- Main Floor
- Kitchen
- 13' × 13'
- Main Floor
- Entrance
- 8' × 8'
- Main Floor
- Dining Room
- 15' × 11'
- Main Floor
- Living Room
- 23' × 16'
- Main Floor
- Eating Area
- 8' × 5'
- Main Floor
- Laundry
- 16' × 7'
- Main Floor
- Family Room
- 17' × 15'
- Main Floor
- Bedroom
- 13' × 11'
- Main Floor
- Balcony
- 14' × 14'
- Main Floor
- Balcony
- 20' × 5'
- Main Floor
- Patio
- 14' × 11'
- Main Floor
- Patio
- 19' × 10'
- 2nd Floor
- Bedroom
- 13' × 11'
- 2nd Floor
- Bedroom - Primary
- 18' × 16'
- 2nd Floor
- Walk-in Closet
- 6' × 5'
- 2nd Floor
- Bedroom
- 13' × 11'
- 2nd Floor
- Balcony
- 25' × 16'
- Lower Level
- Garage
- 21' × 13'
- Lower Level
- Garage
- 21' × 15'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- No
- 2
- 2-Piece
- 2nd Floor
- Yes
- 5
- 5-Piece
- 2nd Floor
- No
- 4
- 4-Piece
- Lower Level
- No
- 2
- 2-Piece
- Assessed:
- 2572000.0
- Assessment year:
- 2025
- Association Fee:
- $.00
- Association Fee Year:
- 0
- Jurisdiction name:
- District of Oak Bay
- Legal Description:
- LOT 9, PLAN VIP1062, SECTION 22, VICTORIA LAND DISTRICT
- Accessibility:
- Accessible Entrance, Wheelchair Friendly
- 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
- Date Listed:
- Jan 29, 2026
- Original Price:
- 3450000.0
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Virtual Tour
Listed by Newport Realty Ltd.
Data was last updated January 30, 2026 at 12:05 PM (UTC)
Area Statistics
- Listings on market:
- 45
- Avg list price:
- $1,699,000
- Min list price:
- $415,000
- Max list price:
- $52,500,000
- Avg days on market:
- 56
- Min days on market:
- 1
- Max days on market:
- 203
- Avg price per sq.ft.:
- $796.44
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.
- MIKE BOORMAN
- NEWPORT REALTY LTD.
- 1 (250) 8880676
- Contact by Email