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5 Bed Single Family Detached in Oak Bay

$5,745,000

261 King George Terr
MLS® NO: 1030570

Description

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.

General

Property Type:Single Family Detached
Title of Ownership:LOT A, BLOCK 2, PLAN VIP47700, SECTION 46, VICTORIA LAND DISTRICT
Layout:Main Level Entry with Lower/Upper Lvl(s)
Taxes:$33,870
Tax Year:2025
Finished Sq. Ft.:6,061
Unfinished Sq. Ft.:0
Year Built:1933

Building Details

Foundation: Poured Concrete
Roof: Asphalt Shingle
Heat/Air: Hot Water, Natural Gas

Site Influences

Lot SqFt: 36,590
Acres: 0.84
Water: Municipal
Waste: Sewer Connected
Zoning: R-3
Parking: Detached, Driveway, Garage Quad+, On Street
Lot Features: Easy Access, Family-Oriented Neighbourhood, Level, Marina Nearby, Near Golf Course, Quiet Area, Rectangular Lot, Shopping Nearby, Southern ExposureOcean

Room Dimensions

Lower Level

Bathroom4-Piece
Bedroom16x23
Bedroom13x16
Ensuite3-Piece
Entrance6x9
Family Room20x30
Laundry20x15
Library5x11
Media Room20x17
Other18x9
Walk-in Closet8x7

Main Level

Bathroom2-Piece
Bedroom - Primary15x18
Dining Room16x18
Eating Area13x10
Ensuite4-Piece
Entrance7x9
Kitchen14x13
Living Room27x20
Other27x9
Walk-in Closet11x7

Second Level

Bathroom4-Piece
Bedroom18x16
Bedroom17x14
Other12x8

Unfinished

Patio34x13
Patio18x17
Patio13x9
Utility Room8x8
Garage21x23
Garage19x21
Patio41x13
Patio6x21
Patio6x13
Patio42x14
Workshop13x19

Property Details

Beds: 5
Baths: 5
Sq. Feet: 6,061
Year Built: 1933
Property Type: Single Family Detached
Municipality: Oak Bay

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Listed with:

Jason Binab - The Agency

NOTE: MLS® property information is provided under copyright© by the Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification.

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