In this work, new treatments based on multi-walled carbon nanotubes (MWCNTs), MWCNTs decorated with zinc oxide (ZnO), MWCNTs decorated with hydroxyapatite (HAp) and MWCNTs decorated with silver (Ag) nanoparticles dispersed in PHBHV solution are proposed for improving sound oak wood properties. We hypothesize that the solutions containing decorated MWCNTs will be more efficient as wood consolidants, not only because of the improved mechanical properties of the treated wood but also because of the hydrophobic layer created on the wood surface. In order to test these hypotheses, the treatments’ potential was investigated by a number of complex methods, such as colorimetric parameter measurements, water absorption tests, mechanical tests, artificial aging and antifungal tests. The data confirm that the treated wood materials have moderate stability, and the color differences are not perceived with the naked eye. A significant improvement of the treated samples was observed by water absorption, humidity and mechanical tests compared to untreated wood. The best results were obtained for samples treated by brushing with solutions based on decorated CNTs, which confirms that a uniform and thicker layer is needed on the surface to ensure better protection. The wood behavior with accelerated aging revealed that the control sample degraded faster compared to the other treated samples. Antifungal tests showed that higher growth inhibition was obtained for samples treated with 0.2% MWCNTs_ZnO + PHBHV. Considering all of the obtained results, it can be concluded that the most effective treatment was MWCNTs_ZnO + PHBHV at a nanocomposite concentration of 0.2%, applied by brushing. Thus, wood protection against mold and fungi will be achieved, simultaneously ensuring improved mechanical strength and water barrier properties and therefore maintaining the structural integrity of sound oak wood over time.