
626 Monterey Ave
$2,995,000
South Oak Bay
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About this home
One of a kind, sustainable masterpiece! Located just steps from the beach in prestigious South Oak Bay, this modern gem excites the senses and truly is a unique work of art. Choosing natural, organic and sustainable materials, master craftsmen and artisans curated a home of exceptional quality, nourishing the soul and supporting physical and mental well being, in harmony with nature. Offering three luxurious levels of living for the environmentally conscious couple, seeking state of the art amenities, the home is ideal for indoor outdoor living from its sensational gourmet kitchen and expansive open floor plan to the spacious walk-out deck, inviting alfresco fetes. Among The unusual features is a totem pole (which can be removed - not structural) and etched glass panels designed by award winning master carver, First Nations artist Klatle-bhi. Every season is honoured in the professionally landscaped garden designed by Demitasse with transcendent, meandering stone walkways and offering a fabulous array of exquisite perennials, shrubs and graceful trees. The property is private, fully fenced (Red Balau hardwood) and secured by two automated gates. Finished to the same exacting standards, the separate guest house provides a comfortable hermitage to a family member, boasting its own custom three piece bath, deck and pergola laced with red and green grape vines. Bathed in natural light by day and dramatically illuminated by night, noetic purchasers appreciative of the home's gravitas, are encouraged to view twice in both lights. Situated on the ''beach block'', located close to the Victoria Golf Club, Victoria's finest private and public schools, parks, shopping, surround yourself in the unparalleled beauty and unequalled lifestyle in one of Canada's finest neighbourhoods. (id:65179)
Property details
From the listing's public record.
Lot size
6,780 square feet
Year built
2017
Taxes
$10,661/yr
Zoning
Multi-Family
Appliances
Heating
Cooling
Price history
5 recordsEvery recorded listing event for this property — sales, relists, expired or withdrawn listings.
Apr 9, 2026
Listed $2,995,000
Active81 days on marketMLS 1031507Jan 27, 2026
Listed $3,080,000
Cancelled56 days on marketMLS 1024342May 12, 2025
Listed $3,500,000
Cancelled232 days on marketMLS 999598Sep 19, 2024
Listed $4,375,000
Cancelled102 days on marketMLS 976598Jul 4, 2016
$820,000
Sold2 days on marketMLS 722326
How this listing compares
Based on 90 sales in South Oak BayMedian sold
$1,892,500
Avg days on market
44 days
Avg sale-to-list
97.8%
Avg $/sqft
$699
Price per square foot
Above area average
Current market in South Oak Bay
Active (same type)
36
Pending
18
All active listings
61
Months of supply
4.8
Balanced market — 4.8 months of supply at the current sales pace.
Assessment
From publicly available property records.
Assessed value
$2,118,000
Land
$1,356,000
Improvements
$762,000
Homes in Oak Bay sell at 154.9% of assessed value on average.
Based on 214 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 sales614 Monterey Ave
$2,300,000
3 bd · 3 ba · 2,767 sqft · $831/sqft · 55 days on market
Sold Jun 29, 2026 · 92.2% of list
2015 Runnymede Ave
$1,480,000
2 bd · 2 ba · 2,339 sqft · $633/sqft · 77 days on market
Sold Jun 26, 2026 · 92.5% of list
611 Island Rd
$2,550,000
3 bd · 3 ba · 5,442 sqft · $469/sqft · 159 days on market
Sold Jun 16, 2026 · 98.1% of list
895 Falkland Rd
$1,545,000
4 bd · 3 ba · 3,162 sqft · $489/sqft · 19 days on market
Sold Jun 16, 2026 · 99.7% of list
1274 Hewlett Pl
$1,198,880
3 bd · 1 ba · 1,908 sqft · $628/sqft · 12 days on market
Sold Jun 5, 2026 · 92.2% of list
2105 Windsor Rd
$1,475,000
2 bd · 2 ba · 1,869 sqft · $789/sqft · 16 days on market
Sold Jun 1, 2026 · 98.3% of list
2125 Hall Rd
$1,651,000
4 bd · 2 ba · 3,482 sqft · $474/sqft · 12 days on market
Sold Jun 1, 2026 · 97.4% of list
1043 Roslyn Rd
$1,250,000
5 bd · 2 ba · 2,377 sqft · $526/sqft · 24 days on market
Sold May 29, 2026 · 96.2% of list
750 Island Rd
$2,635,000
5 bd · 4 ba · 4,200 sqft · $627/sqft · 45 days on market
Sold May 29, 2026 · 97.6% of list
675 Monterey Ave
$1,695,000
3 bd · 3 ba · 2,543 sqft · $667/sqft · 13 days on market
Sold May 29, 2026 · 100% of list
1030 Falkland Rd
$1,399,000
2 bd · 2 ba · 2,226 sqft · $628/sqft · 2 days on market
Sold May 22, 2026 · 100% of list
535 Falkland Rd
$2,050,000
4 bd · 4 ba · 3,101 sqft · $661/sqft · 15 days on market
Sold May 15, 2026 · 97.9% of list
Interested in this home?
Ask a question or arrange a viewing — or get our full inside-agent valuation of this home.