The property at 1069 Beach Dr. in Oak Bay has been sold.

Multi-million-dollar Oak Bay luxury home sold

Driving through the tall gates and up the gravel road of the oceanfront property at 1069 Beach Dr. is like entering another world.

Driving through the tall gates and up the gravel road of the oceanfront property at 1069 Beach Dr. is like entering another world.

Trees stand tall and lush, and the grass is thick and green. The luxury home is a turn of the century granite mansion at 9,000 square feet stretching along 277 feet of waterfront in Oak Bay.

The original owner who built the home in 1912 was David Rogers, who was president of the Uplands Ltd. Development Company and head of Rogers & Co. Real Estate, and then to the family who began the Butchart Gardens, which have been longtime owners of the property and turned it into the breathtaking estate it is today, which sits across the street from the Victoria Golf Club.

It includes six rooms, eight bathrooms, six fireplaces, two kitchens, a drawing and dining room, elevator and library. All but one of the rooms offers views of San Juan Island and Mount Baker.

Now, after four years on the market, the multi-million-dollar home has been sold.

It was listed as $8.9 million, but sold for under the asking price — making it one of the most expensive sales in Greater Victoria since 2006.

“It’s the type of property that gives you warm tingly feelings when you’re on it. It’s incredible,” said Donald St. Germain, a realtor with Sotheby’s International Realty Canada, who sold the home.

“It’s unlike anything you’ve ever seen.”

Over the years, St. Germain has had many prospective buyers, but no takers. With the average city lot roughly 5,000 to 7,000 square feet in size, the roughly 2.9 acres of land is generally out of the average homebuyer’s price range.

“It’s not one of those houses that you move across town for, for work. People just stand back in awe, it’s huge,” he said.

But late last week, St. Germain was able to place a “sold” sign on the front lawn.

“It hasn’t really sunk in yet. I’m happy for my client that the property has sold. I’m just excited it’s actually happened and I put a sold sign up today,” he said, adding he’s unable to say who the buyers were.

St. Germain said the selling of the luxury home signals an increase in consumer confidence in the Greater Victoria real estate market again.

“The whole real estate industry over the last few years has been going up again,” he said. “I’m hoping we’ll see this into 2016 and beyond.”

According to Realtor.ca, there are two other luxury homes for sale on Beach Drive in Oak Bay. One tuscan style-home with four bathrooms at just over 4,100 square feet listed for $2.1 million. The other property is more than 10,000 square feet with nine bathrooms, five fireplaces and five bedrooms listed for a cool $5.8 million.

 

 

Just Posted

Science fair draws best junior scientists from Vancouver Island to Victoria

200 young science enthusiasts share their inventions and discoveries at UVic

Vic. Symphony, Jeans ‘n Classics will rock you with the Best of Queen

Post-Bohemian Rhapsody, Pops Series concerts bring British band’s music back into spotlight

LOCAL FLAVOUR: Farm Whisperer tackles tough subject of farm succession

Linda Geggie is executive director with CR-FAIR

New Coast Guard ship crashes into Ogden Point breakwater

‘It is fairly unprecedented that it would happen’

Young cyclist struck near Galloping Goose Trail

Minor injuries reported by police

VIDEO: Keeping the hope alive, 28 years later

Annual Michael Dunahee Keep the Hope Alive run raised money for Child Find B.C.

Bobrovsky perfect as Blue Jackets blank Canucks 5-0

Vancouver shut out for 10th time this season

Fundraising campaign launched for man caught in SilverStar avalanche

In only two days, the GoFundMe surpassed its $15,000 goal

Victoria Mayor Lisa Helps says future assembly deliberations won’t be closed to public

Reversal comes after Saanich Coun. Judy Brownoff raised concerns

Terror at sea: Helicopter rescues frightened cruise passengers in Norway

The Viking Sky cruise ship was carrying 1,300 passengers and crew when it experienced engine trouble

Search and rescue team helicopters injured climber from B.C. provincial park

A 30-year-old woman suffered a suspected lower-limb fracture in Skaha Bluffs Provincial Park

DOJ: Trump campaign did not co-ordinate with Russia in 2016

Attorney General William Barr said special counsel “does not exonerate” Trump of obstructing justice

Most Read