87578761 OYSTER RIVER WAY
Vancouver Island · V9J1J8
$2,490,000
About this residence
Welcome to 8757 & 8761 Oyster River Way. No expense was spared in the building and design of this gorgeous home. From the Fulgor Milano appliances to the Hubbardton Forge lighting, this home boasts the ultimate in quality and style. The main house – a 3660 sq ft Craftsman home – features soaring 20’ ceilings, a chef’s kitchen and pantry, media room and games room. Enjoy the luxury of direct access to the hot tub just outside the master ensuite which features a custom-built walk-in-closet and spa-like ensuite. Radiant floor heat, dual HVAC, and a towering stone fireplace add warmth throughout the home. Majestic timber-framed patio areas for relaxing and entertaining are conveniently positioned to make indoor-outdoor living seamless. The second home is a legal 690 sq ft house with double garage, over-height RV garage, and covered storage area. The landscaped 2.5-acre grounds feature an irrigated, raised-bed, vegetable garden, orchard, berry patch, water feature and the beginnings of greenhouses. The additional 2.5 acre lot beside is a separate title and has completed the subdivision process. Whether you're seeking multigenerational living, a homestead, or investment opportunity, this is a truly unique offering near the ocean and amenities of Vancouver Island. Designed for all ages and stages of living, features such as the metal roof, engineered hardwood flooring, concrete patios, and paved driveway mean little upkeep and maintenance for many years to come. (id:61366)
Property details
- Property type
- Single Family
- Style
- House
- Ownership
- Freehold
- Bedrooms
- 5
- Bathrooms
- 5
- Living area
- 3,660 sq ft
- Lot size
- 2.5
- Parking
- 10 spaces
- Fireplace
- 1
- Year built
- 2020
- Annual tax
- $9,989
- MLS®
- 1032817
- Board
- Vancouver Island
- Status
- Active
- Listed
- Apr 22, 2026
- Updated
- Jul 4, 2026
Room dimensions
| Room | Level | Dimensions |
|---|---|---|
| Living room | Other | 17'4 x 10'1 |
| Kitchen | Other | 18'7 x 8'10 |
| Bedroom | Other | 12'9 x 12'11 |
| Bathroom | Other | 2'5 x 5'2 |
| Bathroom | Other | 5'4 |
| Utility room | Main level | 5'4 x 9'7 |
| Primary Bedroom | Main level | 15'6 x 22'2 |
| Office | Main level | 10'11 x 11'7 |
| Mud room | Main level | 9'11 x 6'1 |
| Living room | Main level | 22'8 x 22'7 |
| Laundry room | Main level | 9'11 x 8'5 |
| Kitchen | Main level | 19'11 |
| Entrance | Main level | 8'3 |
| Family room | Main level | 16'2 x 13'10 |
| Dining room | Main level | 7'11 |
| Dining nook | Main level | 15'11 x 15'8 |
| Bedroom | Main level | 12'8 x 11'8 |
| Bedroom | Main level | 14'8 x 11'5 |
| Bedroom | Main level | 13'11 x 11'11 |
| Ensuite | Main level | 15'8 |
| Bathroom | Main level | 11'11 x 8'5 |
| Bathroom | Main level | 9'9 x 4'11 |
Features & finishes
Appliances
- Washer
- Refrigerator
- Dryer
- Hot Tub
Heating
- Heat Pump
- Other
Cooling
- Air Conditioned
Lot
- Private setting
- Acreage
- Southern exposure
- Other
- Marine Oriented
- Park setting
Architecture
- Character
Financing
Estimated monthly payment
$11,645/mo
Loan amount
$1,992,000
Down payment
$498,000
Estimate only. Rates and terms vary by lender and qualification.
Powered by Lenderoo.caLocation & area
Vancouver Island
Nearby
About the area
Census · V9J- 9,385
- Population
- 52
- Median age
- $88,000
- Median income
- $800,000
- Median home value
- 86%
- Home ownership
- 27 min
- Avg. commute
Age distribution
Tenure
Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.
Powered by Neighbourly.ioFrequently asked questions
What is the asking price for 87578761 OYSTER RIVER WAY?
87578761 OYSTER RIVER WAY is listed for $2,490,000, in Vancouver Island.
How many bedrooms and bathrooms does 87578761 OYSTER RIVER WAY have?
It offers 5 bedrooms and 5 bathrooms.
What type of home is 87578761 OYSTER RIVER WAY?
87578761 OYSTER RIVER WAY is a Single Family, House, built in 2020.
How large is 87578761 OYSTER RIVER WAY?
The home offers approximately 3,660 sq ft of living space on a lot measuring 2.5.
What would the monthly mortgage payment be?
With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $11,645. Use the mortgage calculator above to model your own scenario.
What are the annual property taxes?
Property taxes are approximately $9,989 per year.
Is there parking?
Yes — 87578761 OYSTER RIVER WAY includes 10 parking spaces.
What is the Vancouver Island area like?
Vancouver Island has a population of about 9,385, a median age of 52, a 86% home-ownership rate, with an average commute of about 27 minutes.
What is the average home value in Vancouver Island?
The median dwelling value in this area is approximately $800,000, based on census data via Neighbourly.
What is the median household income in Vancouver Island?
The median household income in this area is approximately $88,000.
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