About 261 King George Terr
NEW PRICE $5,745,000 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.
Features of 261 King George Terr
| MLS® # | 1030570 |
|---|---|
| Price | $5,745,000 |
| Bedrooms | 5 |
| Bathrooms | 5.00 |
| Square Footage | 6,061 |
| Acres | 0.84 |
| Year Built | 1933 |
| Type | Residential |
| Sub-Type | Single Family Detached |
| Status | Active |
Community Information
| Address | 261 King George Terr |
|---|---|
| Area | OB Gonzales |
| City | Oak Bay |
| County | Capital Regional District |
| Province | BC |
| Postal Code | V8S 2J8 |
Amenities
| Parking Spaces | 8 |
|---|---|
| Parking | Detached, Driveway, Garage Quad+, On Street |
| # of Garages | 4 |
| View | Mountain(s), Ocean |
| Is Waterfront | Yes |
| Waterfront | Ocean |
| Has Pool | No |
Interior
| Interior Features | Dining Room, Dining/Living Combo, Eating Area, Storage, Workshop |
|---|---|
| Appliances | Built-in Range, Dishwasher, Dryer, F/S/W/D, Freezer, Microwave, Oven Built-In, Oven/Range, Range Hood, Refrigerator, Washer |
| Heating | Hot Water, Natural Gas |
| Cooling | None |
| Fireplace | Yes |
| # of Fireplaces | 2 |
| Fireplaces | Family Room, Gas, Living Room |
Exterior
| Exterior Features | Balcony/Patio, Fenced, Garden, Lighting, Security System |
|---|---|
| Roof | Asphalt Shingle |
| Construction | Concrete, Stone |
| Foundation | Poured Concrete |
Additional Information
| Date Listed | April 8th, 2026 |
|---|---|
| Days on Market | 154 |
| Zoning | R-3 |
Listing Details
| Office | The Agency |
|---|