2 days on Market

261 KING GEORGE TERRACE, Oak Bay, British Columbia V8S2J8

Detached
3 + 2
5
~6061 sqft
$6,500,000
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Detached
3 + 2
5
~6061 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$1,072/sqft

Est. Mortgage$27,915/mo

Tax Amount ()$29,512/yr

Days On Market2 days


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. (id:39198)


Property Details

StyleHouse
ViewMountain view, Ocean view
Age of property1933
SqFt~6061 SqFt
Lot Size-
Parking Spaces8
MLS ®Number997827
Community NameOak Bay
Data SourceCREA
Listing byThe Agency

Features

Heating: Natural gas, Hot Water

Lower level Floor

Patio

13 x 9

Patio

18 x 17

Patio

34 x 13

Media

20 x 17


Parking

Garage spaces -

Garage type -

Total parking spaces 8


Property History

May 7, 2025
ListedActive
$6,500,000
2 days on market
history photo preview62
Listing by crea®
Property listed by The Agency, Brokerage
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Population and Demographics

Overview

Total population 21736
Average household income $175,512

Age (%)

65 and plus
31%
50 to 64
21%
0 to 19
18%
35 to 49
15%
20 to 34
14%

Household composition (%)

Single family
62%
Single person
34%
Multi person
4%
Multi family
0%

Mother tongue (%)

English
90%
Others
4%
Mandarin
2%
German
1%
French
1%

House tenancy (%)

Owners
71%
Renters
29%

Schools and amenities

Estimated Budget

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