Description
Experience timeless elegance at 261 King George Terrace, a remarkable south-facing waterfront estate in Oak Bay's prestigious Gonzales neighbourhood. Built in 1933 and set on over 0.8 acres, this exquisite home boasts panoramic views of the ocean, Trial Islands, and Olympic Mountains from nearly every room. Watch whales from your beautifully landscaped backyard, framed by incredible natural rockwork. Inside, the home offers the flexibility of one-level living on the main floor featuring a spacious kitchen, formal dining and living room, principal suite, and more—making everyday living exceptionally convenient. Downstairs, a full-height walk-out basement expands your options with additional living space that opens into pristine grounds. Dual driveways each lead to their own detached double garage. With its historic charm, thoughtful layout, and spectacular setting, this is a rare opportunity to own one of Victoria’s most iconic seaside estates.
Property Details
| Property Type | Residential |
| Property Sub Type | Single Family Detached |
| Listing ID | 1030570 |
| Status | Active |
| City | Oak Bay |
| Area | Oak Bay |
| Sub-Area | OB Gonzales |
| Postal Code | V8S 2J8 |
| Property Taxes | $33,870.02 (2025) |
| Garage Spaces | 4 |
| Parking Total | 8 |
| Zoning | R-3 |
| Facing | South |
| Water | Municipal |
| Sewer | Sewer Connected |
| Heating | Hot Water,Natural Gas |
| Fireplaces | 2 |
| Fireplace Type | Family Room,Gas,Living Room |
| Appliances | Built-in Range,Dishwasher,Dryer,F/S/W/D,Freezer,Microwave,Oven Built-In,Oven/Range,Range Hood,Refrigerator,Washer |
| Interior Features | Dining Room,Dining/Living Combo,Eating Area,Storage,Workshop |
| Exterior Features | Balcony/Patio,Fenced,Garden,Lighting,Security System |
| Construction | Concrete,Stone |
| Roof | Asphalt Shingle |
| Foundation | Poured Concrete |
| Basement | Finished,Full,Walk-Out Access,With Windows |
| Laundry | In House |
| Listed Date | Apr 8, 2026 |
| Ownership | Freehold |
| Lot Size | 0.84 acres |
Rooms
| Room | Level | Dimensions | Description |
|---|---|---|---|
| Bathroom | Main level | 2-Piece | |
| Dining room | Main level | 16 ft x 18 ft | |
| Eating area | Main level | 13 ft x 10 ft | |
| Ensuite | Main level | 4-Piece | |
| Entrance | Main level | 7 ft x 9 ft | |
| Kitchen | Main level | 14 ft x 13 ft | |
| Living room | Main level | 27 ft x 20 ft | |
| Other | Main level | 27 ft x 9 ft | |
| Patio | Main level | 42 ft x 14 ft | |
| Patio | Main level | 6 ft x 13 ft | |
| Patio | Main level | 6 ft x 21 ft | |
| Patio | Main level | 41 ft x 13 ft | |
| Primary Bedroom | Main level | 15 ft x 18 ft | |
| Workshop | Main level | 13 ft x 19 ft |
Building Details
Additional Information
| Features | Level lot, Southern exposure, Other, Rectangular, Marine Oriented |
| View | Mountain view, Ocean view |
| Waterfront | Waterfront on ocean |
| Land Size | 0.84 ac |
| Land Access | Road access |
| Building Type | House |
| Interior Size | 6061 sqft |
| Transaction | For sale |