
1069/1101 Beach Dr
$52,500,000
Estevan
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About this home
*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. (id:65179)
Property details
From the listing's public record.
Lot size
5.13 acres
Taxes
$147,673/yr
Zoning
Residential
View
Waterfront
Parking
Lot
How this listing compares
Not enough recent sales in this area for reliable stats.
Current market in Estevan
Active (same type)
1
Pending
1
All active listings
9
Months of supply
—
Recent nearby sales
1 saleLot 1 Sylvan Lane
$400,000
— · — · — · 71 days on market
Sold Feb 5, 2026
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.