Vacant Lot

1069 & 1101 Beach Drive

$52,500,000 | South Oak Bay, Oak Bay

1069 & 1101 Beach Drive, South Oak Bay, Oak Bay

Oceanfront Legacy Project Opportunity

Listing Agents: Logan Wilson Personal Real Estate CorporationBrayden Klein Personal Real Estate Corporation , Thomas Pye

Phone: 250.857.0609250.588.2466, 778.700.5839

Email: lwilson@sothebysrealty.cabklein@sothebysrealty.ca, thomas.pye@sothebysrealty.ca

*Foreign Buyer Ban Exempt*

A once-in-a-generation opportunity in one of Canada’s most distinguished coastal enclaves. Set along Oak Bay’s prestigious Beach Drive, this rare assembly offers two titles, more than 1,000 feet of shoreline with private beach access, an exceptional buildable envelope, and panoramic views of the Haro Strait, including Mount Baker to the Olympic Mountains.

Neighbouring pre-existing multi-family buildings and Oak Bay’s signature amenities: Victoria Golf Club, Oak Bay Beach Hotel, and Oak Bay Marina, underscore the site’s suitability for a landmark, legacy-scale project.

Importantly, the new Official Community Plan identifies these properties 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.

The groundwork is done. The site is professionally cleared and surveyed, and is supported by complete geotechnical, environmental, traffic, and servicing reports, streamlining due diligence for visionary purchasers. Whether advancing a best-in-class coastal development or securing a blue-chip land hold, this is Vancouver Island’s largest, most central, and sought-after developable oceanfront opportunity in one of the country’s most resilient real estate markets.

Get in touch with us today to explore the possibilities.

Want more info?

Call us at 778.535.5554 or fill out the form below.





Features

  • MLS®: 1008863
  • Type: Land
  • Bedrooms: 0
  • Bathrooms: 0
  • Lot Size: 5.13 Acres
  • Taxes: $134,422 (2024)

Video