Channel knowledge maps (CKMs) learn the relation between transmitter (Tx) and receiver (Rx) positions and channel knowledge to support environment-aware wireless communications. Implicit neural methods can model continuous channel variation but often incur high training and inference cost, while existing Gaussian-splatting-based CKM methods improve efficiency yet still compress wireless multipath interactions into aggregated scattering representations. Consequently, explicit modeling of multi-bounce wireless propagation remains absent from CKM construction. We propose OctCGS, an octree-contextual Gaussian splatting framework that explicitly models the order of bounce jointly over Tx/Rx positions and carrier frequencies. OctCGS partitions the environment into a multi-resolution octree and anchors one Gaussian primitive to each leaf node. Rather than having each Gaussian independently encode all multi-path propagations, it models complex electromagnetic interactions among scatterers through tree attention over the octree hierarchy with controlled complexity. Experiments on simulated benchmarks show that OctCGS achieves a 2.99 dB channel-gain mean absolute error (MAE) and 0.065 channel gain normalized mean absolute error (NMAE), outperforming the strongest baseline by 0.88 dB MAE and 0.021 NMAE.