Lovingly cared for 1938 character home sits perched on a large 10,000+ sq ft lot, on one of the most prestigious streets in Oak Bay Gonzales - King George Terrace. This property gives buyers plenty of options: Move in, keep as a holding property, renovate or build new. The current home offers a cozy yet classic feeling with its coved ceilings, oak floors, formal dining room and bright sunroom. The floor plan is mostly one level living with 3 Bedrooms and 1.5 baths on the main, including a 2pc master ensuite. In the basement there is ample storage, a finished flex space and room for a workshop. And outside is a secluded SW facing backyard and deck, ideal for those that appreciate privacy and sunshine. Large detached garage is a nice added bonus. There are many fine schools, the Oak Bay shoreline and Oak Bay Village nearby. This is truly a wonderful property in a setting that is second to none!