532 Beach Dr
$3,245,000
South Oak Bay
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About this home
OPEN HOUSE SUN SEP 20, 2-4pm Perched above McNeill Bay with breathtaking unobstructed views toward the Olympic Mountains, this beautifully reimagined seaside contemporary home offers an extraordinary West Coast lifestyle. Previously fully renovated by the award-winning Zebra Group, the home blends timeless design, thoughtful craftsmanship, and abundant natural light, with captivating ocean views from every room. The inviting open-concept main level is designed for both everyday comfort and effortless entertaining. A striking chef-inspired kitchen with a generous central island flows seamlessly into the dining and living areas. Expansive picture windows showcase the ever-changing coastal panorama while wide-plank oak flooring adds a warm, elegant foundation throughout. The primary suite is a serene private retreat featuring a sophisticated four-piece ensuite, an impressive dressing room with custom cabinetry and the added convenience of its own washer and dryer. Each bathroom features comforting heated floors and crisp, pure-white quartz shower walls for a clean, spa-like feel. On the lower level, a bright and versatile living space offers exceptional flexibility for guests, extended family or a potential self-contained arrangement. It includes a second kitchen, wine cellar, separate laundry, generous storage with custom shelving, one bedroom and a four-piece bathroom with straightforward potential to create a second bedroom. Step outdoors to the expansive southwest-facing patio, where coastal sunsets and ocean breezes set the tone for relaxed evenings. Complete with a hot tub, outdoor shower and BBQ area, this exceptional outdoor space backs directly onto Anderson Hill and creates a private setting for entertaining or unwinding. From watching whales pass by to enjoying the changing colours of the sea and sky, this is a truly special place to call home. (id:65179)
Property details
From the listing's public record.
Lot size
12,036 square feet
Year built
1965
Taxes
$15,475/yr
Zoning
Residential
View
Appliances
Heating
Lot
Style
Price history
3 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Sep 10, 2026
Listed $3,245,000
Active9 days on marketMLS 1049063Apr 29, 2022
Listed $3,199,000
Cancelled41 days on marketMLS 899553Sep 22, 2011
$995,000
Sold64 days on marketMLS 576780
How this listing compares
Based on 79 sales in South Oak BayMedian sold
$1,885,000
Avg days on market
46 days
Avg sale-to-list
97.6%
Avg $/sqft
$707
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
35
Pending
15
All active listings
56
Months of supply
5.3
Balanced market — 5.3 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,733,000
Homes in Oak Bay sell at 165.3% of assessed value on average.
Based on 184 recent sales.
Local price trend
How South Oak Bay has moved over the last decade.
Local price index (normalized) · 117 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?
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Monthly mortgage
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Loan amount
$3,245,000 − $649,000
Down payment
20.0%
Property Transfer Tax
Legal / closing (est.)
Cash to close
$730,750
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.
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Interested in this home?
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Listed by The Agency