For Sale: 261 King George Terrace, Oak Bay, BC - REW
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$5,745,000
5 bd 5 ba 6061 sf House
261 King George Terrace
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261 King George TerraceOak Bay, BC, V8S 2J8

Gonzales
  • 5 Bed
  • 5 Bath
  • 6061 Sqft
  • House

About this home

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.
Listed by: Jason Binab PREC*, The Agency

Home facts and features

Price details
List Price
Gross Taxes for 2025
$33,870
Home facts
Bedrooms
5
Full Bathrooms
5
Parking Spaces
8
Parking Details
Detached, Driveway, Garage Quad+, On Street
Property Type
House
Lot Size
36590 ft²
Year Built
Built in 1933 (93 yrs old)
Title
Freehold
Style
Main Level Entry with Lower/Upper Lvl(s)
Exterior Finish
Concrete,Stone
Heating Type
Hot Water, Natural Gas
Basement Details
Finished,Full,Walk-Out Access,With Windows
Features
Easy Access, Family-oriented Neighbourhood, Fireplace: Family Room,gas,living Room, Level, Near Golf Course, Quiet Area, Rectangular Lot, Southern Exposure
Amenities
Dining Room, Dining/living Combo, Eating Area, Marina Nearby, Shopping Nearby, Storage, Workshop
Appliances
Built-in Range, Dishwasher, Dryer, Freezer, Fridge/Stove/Washer/Dryer, Microwave, Oven Built-in, Oven/range, Range Hood, Refrigerator, Washer
Community
Agent details
Primary Agent
Primary Broker
The Agency
Listing details
Days on REW
95 Days
Property Views
2820
MLS® Number
1030570
Source
Victoria and Vancouver Island MLS
Board
Victoria Real Estate Board
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Estimated Payments
Purchase Price
Mortgage Total
Down Payment
Amortization
25 Years
Interest Rate
3.99%

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Property Insights

Margaret Jenkins Elementary School
  • Public
  • K - 5
  • In Catchment
Oak Bay Secondary School
  • Public
  • 9 - 12
  • In Catchment
St Michaels University School - Junior School Campus
  • Independent
  • K - 5
Monterey Middle School
  • Public
  • 6 - 8
Glenlyon Norfolk School
  • Independent
  • K - 12
St Christopher's Montessori School
  • Independent
  • K
St Patrick's School
  • Independent
  • K - 7
St Patrick's School
  • Catholic
  • JK - 8
Christ Church Cathedral School
  • Independent
  • K - 8
Victoria School for Ideal Education
  • Independent
  • K - 9
School catchments and distances are intended to be used as reference only. To verify enrolment eligibility for a property, contact the school directly.Report Incorrect Info
Sales History data is from public records.
Listing data is subject to copyright, disclaimer, and additional requirements from the data provider. See our Terms of Use for terms applicable to this listing. Listing data was last updated on 2026-07-10.