$1,499,000
5 Old Bay Road
Oak Bay, New Brunswick
8,954sqft
New Brunswick
Oak Bay Real Estate
Browse homes for sale in Oak Bay
125Homes Currently Listed
87Detached35Condo2Commercial1Leasehold
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Showing 12 of 125 listings
About Oak Bay Real Estate
Oak Bay, a picturesque municipality located just east of Victoria, British Columbia, is known for its stunning natural beauty and rich history. Founded in the late 19th century, Oak Bay has grown from a small fishing village into a vibrant community that beautifully blends heritage architecture with modern amenities. The area is characterized by its charming homes, many of which showcase the distinctive Arts and Crafts style, and its lush gardens that bloom with seasonal colors. Oak Bay's waterfront is a defining feature, offering breathtaking views of the Salish Sea and the Olympic Mountains, making it a desirable location for those seeking a serene coastal lifestyle.
What sets Oak Bay apart is its strong sense of community and commitment to preserving its heritage. The municipality hosts numerous local events throughout the year, including the Oak Bay Tea Party and various farmers' markets, fostering a warm, neighborly atmosphere. Additionally, residents enjoy access to a variety of outdoor activities, from kayaking in its many bays to enjoying leisurely strolls along the scenic waterfront pathways. The influence of local artists and artisans is palpable, with galleries and craft shops dotting the area, enhancing the cultural fabric of the community.
With a median listing price of $250,000 and only 4 active listings, Oak Bay presents an attractive opportunity for various types of buyers. Its proximity to Victoria, coupled with its own unique charms, makes it appealing to young professionals, families, and retirees alike. The area’s solid educational institutions, parks, and recreational facilities further enhance its desirability, making it not just a place to live, but a place to thrive. Whether you're drawn in by the coastal beauty, the local culture, or the vibrant community spirit, Oak Bay offers a unique lifestyle that is hard to replicate elsewhere in Canada.
4 active listings with a median price of $250,000.
Lifestyle & Community
Living in Oak Bay offers a unique blend of coastal tranquility and vibrant community life. The atmosphere is warm and welcoming, with residents often engaging in local events and activities that celebrate the area's culture and heritage. From outdoor markets to community festivals, there is always something happening that fosters connections among neighbors. The local coffee shops and boutiques create a small-town feel, while the stunning parks and beaches provide ample outdoor recreation opportunities. Oak Bay truly embodies a laid-back lifestyle that encourages both relaxation and social interaction.
Local Amenities
- Oak Bay Village shopping district
- Willows Beach Park
- Oak Bay Marina
- Royal Victoria Yacht Club
- Oak Bay Public Library
- Oak Bay Recreation Centre
- Victoria Golf Club
- Local art galleries and studios
Points of Interest
- The Gardens at HCP (Horticulture Centre of the Pacific)
- Abkhazi Garden
- Cattle Point
- Victoria Butterfly Gardens
- The Oak Bay Tea Party
- The Oak Bay Heritage Conservation Society
- Willows Beach
- The Olde School House (historical landmark)
Market Overview
The real estate market in Oak Bay is currently characterized by limited inventory, with only 4 active listings available and a median listing price of $250,000. This presents a unique opportunity for buyers looking for value in a desirable area. Given the limited supply, competition may be fierce, and potential buyers should be prepared to act quickly. As the market continues to evolve, those interested in Oak Bay can expect to see a mix of historic homes and modern developments, catering to a diverse range of preferences.
Investment Outlook
Oak Bay's real estate market holds significant investment potential, especially for those considering rental properties or long-term growth. The limited number of active listings indicates a strong demand, which can lead to appreciation in property values over time. Additionally, with its appeal to families and retirees, rental properties in the area could yield attractive returns. Ongoing development trends, coupled with the area's natural beauty and community-oriented lifestyle, enhance its attractiveness for future investments.
Ideal For
Oak Bay is ideal for first-time buyers seeking a charming coastal community, families looking for a safe and nurturing environment, and retirees wanting a peaceful yet engaging lifestyle. Investors may also find opportunities in this market, given the area's appeal and potential for property appreciation.
Oak Bay — live inventory snapshot
What is currently listed, pulled directly from the MLS® feed.
Homes currently listed
125
List prices from
$33K
List prices up to
$52.5M
Current listings by bedroom — Oak Bay
| Currently listed | |
|---|---|
| 1 bed | 3 |
| 2 bed | 15 |
| 3 bed | 33 |
| 4 bed | 28 |
| 5+ bed | 24 |
| studio bed | 17 |
Current listings by property type — Oak Bay
| Currently listed | |
|---|---|
| Detached | 87 |
| Condo | 35 |
| Commercial | 2 |
| Leasehold | 1 |
Most-listed neighborhoods in Oak Bay
| Currently listed | |
|---|---|
| Gonzales | 2 |
Living in Oak Bay
Lifestyle
Living in Oak Bay offers a unique blend of coastal tranquility and vibrant community life. The atmosphere is warm and welcoming, with residents often engaging in local events and activities that celebrate the area's culture and heritage. From outdoor markets to community festivals, there is always something happening that fosters connections among neighbors. The local coffee shops and boutiques create a small-town feel, while the stunning parks and beaches provide ample outdoor recreation opportunities. Oak Bay truly embodies a laid-back lifestyle that encourages both relaxation and social interaction.
Local Amenities
Oak Bay Village shopping districtWillows Beach ParkOak Bay MarinaRoyal Victoria Yacht ClubOak Bay Public LibraryOak Bay Recreation CentreVictoria Golf ClubLocal art galleries and studios
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
10
$200K – $400K
4
$400K – $600K
5
$600K – $800K
4
$800K – $1.0M
4
$1.0M – $1.5M
22
$1.5M – $2.0M
25
$2.0M – $3.0M
28
$3.0M+
31
Your Local Expert in Oak Bay
Cole Swetlikoe
Real Estate Agent · Victoria
View profile →
Explore More in Oak Bay
Oak Bay Market ReportPrices, trends & analysisCost of Living in Oak BayHousing, rent & expensesAffordability CalculatorFind out how much you can affordMortgage CalculatorEstimate monthly paymentsSchools in Oak BaySchools & ratings nearbyTransit in Oak BayStops & stations nearbyParks in Oak BayParks & recreation nearby
Frequently Asked Questions About Oak Bay
How many homes are for sale in Oak Bay?
There are currently 125 homes listed for sale in Oak Bay on this site. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.
What types of properties are available in Oak Bay?
Current listings in Oak Bay include Detached (87), Condo (35), Commercial (2), Leasehold (1). You can filter by property type using the search options on this page.
How often are listings updated for Oak Bay?
Listings on this page are updated multiple times per day directly from CREA's DDF® (Data Distribution Facility). New listings typically appear within minutes of being added to the MLS® system.
Are there neighbourhood-level listings for Oak Bay?
Yes. You can browse homes in specific neighbourhoods within Oak Bay using the area links on this page. Each neighbourhood page includes local listings and property details.