Open to all offers and REAL ESTATE TRADES. Rare opportunity to build your dream home on this freehold, vacant lot in South OAK BAY, just one block from the ocean! Situated in a quiet and highly desirable neighbourhood, this location is just steps from the ocean, Victoria Golf Club, Oak Bay Marina, Oak Bay Beach Hotel, and Windsor Park. Take advantage of the previously approved building permit or explore new possibilities. You can also create something different, such as a one level rancher or a multi-family home, with a legal footprint based on current setbacks of approx. 1050 sqft on the main floor and a total finished space of around 2800 sqft (confirm with Oak Bay/your architect or designer). Alternate access off the quiet back alley and a west facing backyard for beautiful afternoon and evening sunshine. This is your chance to create an ideal home in an unbeatable location. Plus, you'll love the wonderful community of neighbours!