261 King George Terr
Oak Bay
V8S 2J8
$6,500,000
Residential
beds: 5
baths: 5.0
6,061 sq. ft.
built: 1933
- Status:
- Active
- Prop. Type:
- Residential
- MLS® Num:
- 997827
- Bedrooms:
- 5
- Bathrooms:
- 5
- Year Built:
- 1933
- Photos (62)
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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 Type:
- Residential
- Type:
- Single Family Residence
- Year built:
- 1933 (Age: 92)
- Living Area:
- 6,061 sq. ft.
- Auxiliary Building Living Area:
- 0 sq. ft.
- Main Building Living Area:
- 6,061 sq. ft.
- Listing General Location:
- OB Gonzales, Oak Bay
- Bedrooms:
- 5
- Bathrooms:
- 5.0 (Full:-/Half:-)
- Lot Size:
- 0.84 acre(s)
- Kitchens:
- 1
- Taxes:
- $29,511.89 / 2024
- Construction:
- Concrete, Stone
- Basement:
- Finished, Full, Walk-Out Access, With Windows
- Foundation:
- Concrete Perimeter
- Roof:
- Asphalt Shingle
- Other Structures:
- Workshop
- Floor finish:
- Carpet, Hardwood, Linoleum, Tile
- Total Building Area:
- 6,061 sq. ft.
- Total Unfinished Area:
- 0 sq. ft.
- # Bedrooms or Dens Total:
- 5
- # Main Level Bedrooms:
- 1
- # Second Level Bedrooms:
- 2
- # Third Level Bedrooms:
- 0
- # Lower Level Bedrooms:
- 2
- # Other Level Bedrooms:
- 0
- # Main Level Bathrooms:
- 2
- # Second Level Bathrooms:
- 1
- # Third Level Bathrooms:
- 0
- # Lower Level Bathrooms:
- 2
- # Other Level Bathrooms:
- 0
- # Main Level Kitchens:
- 1
- # Second Level Kitchens:
- 0
- # Third Level Kitchens:
- 0
- # Lower Level Kitchens:
- 0
- # Other Level Kitchens:
- 0
- Living Area Lower Floor:
- 2,885 sq. ft.
- Living Area Main Floor:
- 2,296 sq. ft.
- Living Area Other Floor:
- 0 sq. ft.
- Living Area 2nd Floor:
- 880 sq. ft.
- Living Area 3rd Floor:
- 0 sq. ft.
- Fireplaces:
- 2
- Fireplace Details:
- Family Room, Gas, Living Room
- Laundry Features:
- In House
- Water supply:
- Municipal
- Sewer:
- Sewer Connected
- Additional Accommodations:
- Potential
- Cooling:
- None
- Heating:
- Hot Water, Natural Gas
- Fireplace:
- Yes
- Built-In Range, Dishwasher, Dryer, F/S/W/D, Freezer, Microwave, Oven Built-In, Range Hood, Refrigerator, Washer
- Dining Room, Dining/Living Combo, Eating Area, Storage, Workshop
- Balcony/Patio, Fenced, Garden, Lighting, Security System
- Mountain(s), Ocean
- Ocean Front
- Main Level
- 0
- Yes
- No
- Unrestricted
- Floor
- Type
- Size
- Other
- Main Floor
- Entrance
- 9' × 7'
- Main Floor
- Living Room
- 27' × 20'
- Main Floor
- Other
- 27' × 9'
- Main Floor
- Dining Room
- 18' × 16'
- Main Floor
- Eating Area
- 13' × 10'
- Main Floor
- Kitchen
- 14' × 13'
- Main Floor
- Bedroom - Primary
- 18' × 15'
- Main Floor
- Walk-in Closet
- 11' × 7'
- Main Floor
- Patio
- 41' × 13'
- Main Floor
- Patio
- 13' × 6'
- Main Floor
- Patio
- 21' × 6'
- Main Floor
- Workshop
- 19' × 13'
- Main Floor
- Patio
- 42' × 14'
- Main Floor
- Garage
- 21' × 19'
- Main Floor
- Garage
- 23' × 21'
- 2nd Floor
- Bedroom
- 17' × 14'
- 2nd Floor
- Bedroom
- 18' × 16'
- 2nd Floor
- Other
- 12' × 8'
- Lower Level
- Bedroom
- 23' × 16'
- Lower Level
- Entrance
- 9' × 6'
- Lower Level
- Laundry
- 20' × 15'
- Lower Level
- Bedroom
- 16' × 13'
- Lower Level
- Walk-in Closet
- 8' × 7'
- Lower Level
- Family Room
- 30' × 20'
- Lower Level
- Library
- 11' × 5'
- Lower Level
- Other
- 18' × 9'
- Lower Level
- Utility Room
- 8' × 8'
- Lower Level
- Patio
- 34' × 13'
- Lower Level
- Media Room
- 20' × 17'
- Lower Level
- Patio
- 13' × 9'
- Lower Level
- Patio
- 18' × 17'
- Floor
- Ensuite
- Pieces
- Other
- Main Floor
- Yes
- 4
- 4-Piece
- Main Floor
- No
- 2
- 2-Piece
- 2nd Floor
- No
- 4
- 4-Piece
- Lower Level
- Yes
- 3
- 3-Piece
- Lower Level
- No
- 4
- 4-Piece
- Assessed:
- 5233000.0
- Assessment year:
- 2025
- Jurisdiction name:
- District of Oak Bay
- Legal Description:
- LOT A, BLOCK 2, PLAN VIP47700, SECTION 46, VICTORIA LAND DISTRICT
- Zoning:
- R-3
- Bed and Breakfast:
- Potential
- Number of 2 piece baths:
- 1
- Number of 3 piece baths:
- 0
- Number of 4 piece baths:
- 2
- Number of 5 piece baths:
- 0
- Number of 2 piece Ensuites:
- 0
- Number of 3 piece Ensuites:
- 1
- Number of 4 piece Ensuites:
- 1
- Other Equipment:
- Security System
- Property Condition:
- Contact List Licensee
- Exposure / Faces:
- South
- Layout:
- Main Level Entry with Lower/Upper Lvl(s)
- Lot Site Features:
- Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Quiet Area, Rectangular Lot, Shopping Nearby, Southern Exposure
- Attached Garage:
- No
- Carport Spaces:
- 0
- Garage Spaces:
- 4
- Garage:
- Yes
- Parking Features:
- Detached, Driveway, Garage Quad+, On Street
- Total Parking Spaces:
- 8
- Road Surface Type:
- Paved
- Date Listed:
- May 07, 2025
- Original Price:
- 6500000.0
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Listed by The Agency
Data was last updated May 14, 2025 at 10:05 AM (UTC)
Area Statistics
- Listings on market:
- 11
- Avg list price:
- $2,995,000
- Min list price:
- $1,648,000
- Max list price:
- $6,500,000
- Avg days on market:
- 61
- Min days on market:
- 7
- Max days on market:
- 405
- Avg price per sq.ft.:
- $807.06
These statistics are generated based on the current listing's property type
and located in
OB Gonzales. Average values are
derived using median calculations.
- JASON BINAB
- THE AGENCY VICTORIA
- 250 589 2466
- Contact by Email
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