2168 Esplanade
$3,300,000
South Oak Bay
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
About this home
A rare hidden gem on Oak Bay’s premier waterfront! Situated in an unbeatable world class location this property offers sweeping ocean views. Distinguished by its generous footprint, light-filled living spaces, private 2nd-floor sun deck & unmatched privacy. This residence has been proudly lived in by the current owners for over 40 years & provides a spectacular canvas for the discerning buyer. Bring your personal design vision & modern touches to elevate one of Oak Bay's most sought after addresses. Step outside for direct access to Willows Beach, take in lively views of beach goers, windsurfers, passing ships, the sheer force of nature & the dramatic backdrop of the snow-capped mountains. Whether lightly updating or reimagining the interior to suit contemporary luxury living, the potential here is truly limitless including the possibility to split the home into 2 living spaces.You are steps to transit, short walking distance to schools & amenities.This home is an Oak Bay treasure. (id:65179)
Property details
From the listing's public record.
Lot size
12,415 square feet
Year built
1958
Taxes
$15,207/yr
Zoning
Residential
View
Heating
Cooling
Parking
Price history
2 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Oct 2, 2026
Listed $3,300,000
Active7 days on marketMLS 1051104Jul 27, 2026
Listed $3,495,000
Ddf_delisted66 days on marketMLS 1043392
How this listing compares
Based on 76 sales in South Oak BayMedian sold
$1,867,500
Avg days on market
45 days
Avg sale-to-list
97.6%
Avg $/sqft
$704
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
36
Pending
15
All active listings
57
Months of supply
5.7
Balanced market — 5.7 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,776,000
Homes in Oak Bay sell at 168.5% of assessed value on average.
Based on 175 recent sales.
Local price trend
How South Oak Bay has moved over the last decade.
Local price index (normalized) · 116 months
Recent nearby sales
12 sales1217 Hewlett Pl
$2,600,000
4 bd · 5 ba · 3,052 sqft · $852/sqft · 22 days on market
Sold Aug 6, 2026 · 96.3% of list
1262 Roslyn Rd
$1,705,000
4 bd · 3 ba · 2,050 sqft · $832/sqft · 15 days on market
Sold Aug 4, 2026 · 95.3% of list
554 Beach Dr
$3,125,000
4 bd · 4 ba · 4,515 sqft · $692/sqft · 30 days on market
Sold Jul 31, 2026 · 94.8% of list
671 Linkleas Ave
$1,800,000
3 bd · 2 ba · 1,747 sqft · $1,030/sqft · 13 days on market
Sold Jul 29, 2026 · 102.9% of list
2175 Granite St
$2,750,000
3 bd · 4 ba · 2,577 sqft · $1,067/sqft · 57 days on market
Sold Jul 27, 2026 · 96.8% of list
905 Deal St
$2,150,000
5 bd · 3 ba · 3,639 sqft · $591/sqft · 74 days on market
Sold Jul 27, 2026 · 97.8% of list
449 Victoria Ave
$1,570,000
5 bd · 3 ba · 3,217 sqft · $488/sqft · 22 days on market
Sold Jul 16, 2026 · 95.2% of list
590 Island Rd
$2,850,000
4 bd · 4 ba · 3,585 sqft · $795/sqft · 5 days on market
Sold Jul 15, 2026 · 106.5% of list
990 Hampshire Rd
$1,145,000
4 bd · 2 ba · 2,266 sqft · $505/sqft · 15 days on market
Sold Jul 10, 2026 · 97.4% of list
945 Falkland Rd
$1,362,500
4 bd · 2 ba · 3,582 sqft · $380/sqft · 48 days on market
Sold Jul 10, 2026 · 97.7% of list
865 St. Patrick St
$1,502,000
4 bd · 3 ba · 2,951 sqft · $509/sqft · 9 days on market
Sold Jul 2, 2026 · 102% of list
575 St. Patrick St
$3,704,000
4 bd · 4 ba · 4,461 sqft · $830/sqft · 10 days on market
Sold Jun 30, 2026 · 93.8% of list
What would this home cost?
Estimate your monthly payment and total cash to close on this property — BC Property Transfer Tax included. Adjust the numbers for your situation.
Toggle to enter as % or $ — the other field updates automatically.
We don't guess a rate — talk to a broker for current Island rates and what you'd actually qualify for.
Estimate
Monthly mortgage
—
Enter a rate to see the payment.
Loan amount
$3,300,000 − $660,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$744,500
Down payment + PTT + GST + legal estimate.
Estimates only, based on current BC rates and thresholds. Not tax, legal, or financial advice. Property transfer tax exemptions have eligibility requirements — confirm with a lawyer or notary. GST rebates on new construction are not modelled here. Mortgage payment uses Canadian semi-annual compounding and excludes property tax, home insurance, and CMHC mortgage insurance.
Want a real rate?
Connect with a local mortgage broker for current rates and what you'd actually qualify for.
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.
Listed by Engel & Volkers Vancouver Island