HomeOak BayGonzalesHouses for Sale
$2,490,0004.2%
was $2,600,000 · reduced $110,000

250 King George Terr, Oak Bay

250 King George Terr, Oak Bay

Gonzales · Single Family Residence · MLS® 1040312 · Listed Jun 15, 2026

4
Beds
5
Baths
3,869
Sqft
20,553 sqft
Lot
4
Parking
1936
Built
Overview

About This Property

For those who seek the grace and charm of a time forgotten, 250 King George Terr is a breath of fresh air. Overlooking Gonzales Bay, this timeless beauty offers a glimpse of architecture not seen for many years. Conceived from a European theme, this 3900 sq. ft. residence is designed and built around a central hall with gorgeous chandelier, an expansive ceiling, and fireplace. Large rooms and preserved wood give the main level a feeling of charm and coziness. From the central hall the grand winding staircase takes you to the second level, where 3 more bedrooms await, primary with a balcony with views to the south. All this on a beautifully appointed sundrenched lot of almost a half-acre, gently sloping above King George Terr. This property is zoned R4 and easily fits Oak Bay’s recommended changes for infill housing within Bill 44 requirements, which would allow 4 magnificent ocean view homes in one of the city’s finest locations. Call for more details or an appointment to view.

Property Details

Features & Details

Property TypeSingle Family Residence
Bedrooms4
Bathrooms5
Interior3,869 sqft
Lot Size20,553 sqft (0.47 acres)
Parking4 spaces
Year Built1936
Fireplaces3
HeatingBaseboard, Electric, Hot Water, Wood
BasementUnfinished, Walk-Out Access, With Windows
ExteriorFrame Wood, Stucco
RoofFibreglass Shingle
FoundationConcrete Perimeter
FlooringHardwood
WaterMunicipal
SewerSewer Connected
ZoningResidential
Taxes$13,857.66 (2025)
ExtrasBuilt-In Range, Dishwasher, Dryer, Oven Built-In, Washer
MLS® #1040312
BrokerageRE/MAX Camosun
Location

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Property Insights

History & Activity

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area sold data

What are homes in Gonzales selling for?

16 homes sold in Gonzales in the last 12 months, with prices and dates. Board rules keep past sale prices and dates behind a sign-in.

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Sold Comparables

Recently Sold Nearby

Similar properties sold within 6 months

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sold comparables

See what comparable homes near 250 King George Terr, Oak Bay actually sold for.

16 sales in Gonzales in the last 12 months — sold prices, dates and days on market for the closest recent sales. Free with an 8X account; board rules require the sign-in.

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Similar Active Listings

Similar Properties

The local market right now

gonzales · single-family
Buyer’s market
$2,370,000
Median sold
13
Months of supply
58
Avg days to sell

Gonzales single-family averages, updated daily. See Gonzales market stats or Oak Bay market stats.

Questions about this property

How much is 250 King George Terr, Oak Bay listed for?

It is listed at $2,490,000.

What kind of home is 250 King George Terr, Oak Bay?

A Single Family Residence in Gonzales, Oak Bay with 4 bedrooms, 5 bathrooms, 3,869 sqft, built in 1936.

Does 250 King George Terr, Oak Bay have parking?

It has 4 parking spaces (Driveway, Open).

How big is the lot at 250 King George Terr, Oak Bay?

The lot is 20,553 sqft (0.47 acres).

Did the price of 250 King George Terr, Oak Bay change?

250 King George Terr, Oak Bay was originally listed at $2,600,000, then reduced to $2,490,000 (4.2% reduction).

What is the Oak Bay real estate market like now?

Oak Bay is currently a buyer's market: median sold price $2,370,000, 13 months of inventory, homes typically selling in about 58 days.

What other houses are for sale in Gonzales?

There are 13 houses for sale in Gonzales right now. Browse all Gonzales houses for sale to see current listings, updated daily from the MLS® system.

How much do houses cost in Gonzales?

The median house sold price in Gonzales is $2,370,000, based on 16 sales over the past 12 months. The median price per square foot is $817. Compare asking prices across the houses currently for sale in Gonzales.

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VREB · Victoria Real Estate Board

NOTE: MLS® property information is provided under copyright© by the Vancouver Island Real Estate Board and Victoria Real Estate Board. The information is from sources deemed reliable, but should not be relied upon without independent verification. Data last updated: Sep 22, 2026.