This delightful West-facing waterfront home is situated on a sunny parcel in a tranquil and coveted Oak Bay neighbourhood, offering panoramic views across Gonzales Bay to the snow-capped Olympic Mountains! The home features a versatile and spacious layout that can comfortably house two families, with a two-bedroom and thwo-bathroom main level that includes a private entrance, generous living/dining/kitchen areas, laundry and private patio. The upper level 'suite' is equally impressive, with two bedrooms, two bathrooms, living/dining room and full-sized kitchen, plus a den, family room, laundry, and an expansive deck overlooking the ocean. Perfect for multi-generational living or as a single family home with optional income-producing rental suite, this immaculately cared-for, low-maintenance property boasts breathtaking vistas and stunning sunsets. A unique feature for the area, the property also offers a boathouse and a Davit for launching smaller boats, plus convenient access to a sandy beach for kayaking or paddleboarding!