05/19/2026
NEW · LISTING
Some homes whisper potential. This one practically announces it from the oceanfront.
Set on nearly half an acre in one of Oak Bay’s most coveted locations, this grand estate pairs timeless architecture with extraordinary future opportunity. Zoned R4 and aligned with proposed infill housing changes, the property offers potential for 4 remarkable ocean view homes - or the chance to restore and reimagine a nearly 3,900 sq. ft. residence filled with original character and elegance.
Think grand hall entry, sweeping staircase, granite fireplace, ocean views, and four ensuite bedrooms designed for another generation of unforgettable gatherings.
Rarely does a property with this much history, scale, and possibility come to market.
📍250 King George Terrace
Gonzales | Oak Bay, BC | $2,700,000
4 Bed | 5 Bath | 3,869 Sq Ft | MLS® 1034276
View full property details here ↓ https://crozierandmarchant.com/mylistings.html/listing.1034276-250-king-george-terr-oak-bay-v8s-2k2.108760619
[Oak Bay real estate, Gonzales BC homes for sale, ocean view homes Victoria BC, luxury homes Oak Bay, Victoria BC development property, Oak Bay waterfront properties, Victoria BC real estate]