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586 Island Rd
OB South Oak Bay Oak Bay V8S 2T6

$2,250,000
Residential beds: 3 baths: 3.0 2,523 sq. ft. built: 1994

Main Photo: 586 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1041493
Photo 1: 586 Island Rd in Oak Bay: OB South Oak Bay Single Family Residence for sale : MLS®# 1041493
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Status:
Active
Prop. Type:
Residential
MLS® Num:
1041493
Bedrooms:
3
Bathrooms:
3
Year Built:
1994
Nestled on one of South Oak Bay’s most storied country lanes, this 3-bed, 3-bth home on Island Road blends modern comfort with old-world charm. The living room features lofted ceilings, a gas fireplace & leafy outlooks, opening to a well-proportioned dining room. The kitchen offers a walk-in pantry, granite counters & a sunny breakfast nook flowing into a generous family rm with cozy feature fireplace. French doors lead to a beautifully landscaped & colourful English garden for easy indoor-outdoor living! A main-level office/den, full laundry rm and 2-car drive-in garage with workshop add excellent utility and storage. Recent upgrades include beautiful new white-oak hardwood floors, new heating and domestic hot water system, EV charger and solar system. Immaculately cared for and exceptionally private and quiet, this sensational home sits on a street where listings are rare, just steps to Anderson Hill Park, the Victoria Golf Club, top schools & popular neighbourhood restaurant/cafes!
Property Type:
Residential
Type:
Single Family Residence
Year built:
1994 (Age: 32)
Close Price Lease Total:
Existing Lease Expiry:
Living Area:
2,523 sq. ft.
Listing General Location:
OB South Oak Bay, Oak Bay
Bedrooms:
3
Bathrooms:
3.0 (Full:-/Half:-)
Lot Size:
6,652 sq. ft.
Kitchens:
1
Taxes:
Construction:
Frame Wood, Insulation All, Stucco
New Construction:
No
Basement:
None
Foundation:
Concrete Perimeter
Roof:
Asphalt Shingle
Ceiling Heights:
Total Building Area:
2,523 sq. ft.
Total Unfinished Area:
0 sq. ft.
Commercial Area:
# Bedrooms or Dens Total:
3
# Main Level Bedrooms:
0
# Second Level Bedrooms:
3
# Third Level Bedrooms:
0
# Lower Level Bedrooms:
0
# Other Level Bedrooms:
0
# Main Level Bathrooms:
1
# Second Level Bathrooms:
2
# Third Level Bathrooms:
0
# Lower Level Bathrooms:
0
# Other Level Bathrooms:
0
# Main Level Kitchens:
1
# Second Level Kitchens:
0
# Third Level Kitchens:
0
# Lower Level Kitchens:
0
# Other Level Kitchens:
0
Living Area Lower Floor:
0 sq. ft.
Living Area Main Floor:
1,410 sq. ft.
Living Area Other Floor:
0 sq. ft.
Living Area 2nd Floor:
1,113 sq. ft.
Living Area 3rd Floor:
0 sq. ft.
Fireplaces:
2
Fireplace Details:
Family Room, Gas, Living Room, Wood Burning
Laundry Features:
In House
Water supply:
Municipal
Sewer:
Sewer Connected
Cooling:
None
Heating:
Electric, Heat Pump, Radiant Floor, Solar
Fireplace:
Yes
Pending Date:
Dishwasher, Dryer, Oven/Range Electric, Refrigerator, Washer
Breakfast Nook, Closet Organizer, Dining Room, French Doors
Window Coverings
Balcony/Deck, Fenced
Main Level
0
Yes
No
Unrestricted
Floor
Type
Size
Other
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
Main Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
2nd Floor
Floor
Ensuite
Pieces
Other
Main Floor
2nd Floor
2nd Floor
Financing Notes:
Assessed:
Assessment year:
Approximate Inventory Value:
Fixed Equipment Approx. Value:
Goodwill Approx. Value:
Gross Income:
Net Operating Income:
Association Fee:
Association Fee Frequency:
Jurisdiction name:
District of Oak Bay
Legal Description:
Units in Building:
Units in Community:
Number of 2 piece baths:
1
Number of 3 piece baths:
0
Number of 4 piece baths:
1
Number of 5 piece baths:
0
Number of 2 piece Ensuites:
0
Number of 3 piece Ensuites:
0
Number of 4 piece Ensuites:
1
Property Condition:
Resale
Exposure / Faces:
East
Layout:
Main Level Entry with Upper Level(s)
Lot Site Features:
Central Location, Irrigation Sprinkler(s), Landscaped, Near Golf Course, Private, Quiet Area
Attached Garage:
Yes
Carport Spaces:
0
Garage Spaces:
2
Garage:
Yes
Parking Features:
Attached, Driveway, Garage Double
Total Parking Spaces:
3
Total Units:
Date Listed:
Jun 27, 2026
Original Price:
2250000.0
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Listed by Sotheby's International Realty Canada
Data was last updated June 28, 2026 at 08:05 AM (UTC)
Area Statistics
Listings on market:
74
Avg list price:
$1,794,500
Min list price:
$399,000
Max list price:
$52,500,000
Avg days on market:
50
Min days on market:
3
Max days on market:
317
Avg price per sq.ft.:
$789.75
These statistics are generated based on the current listing's property type and located in OB South Oak Bay. Average values are derived using median calculations. This data is not produced by the MLS® system.
MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.