5119 38th Ave. NW, Gig Harbor, WA 98335

$790,000
2
BD
1
BA
1,298
SqFt

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Listing courtesy of Paramount Real Estate Group.

List Price
$790,000
Status
ACTIVE
MLS#
2509363
Price Change
▼ $60,000 1780344983
Days on Market
98
Bedrooms
2
Finished SqFt
1,298
Area Total SqFt
1298
Annual Tax Ammount
7105
Lot Size (sq ft)
141,569
Fireplace
Yes
Sewer
Septic Tank

Property Description

Rare opportunity to own two contiguous parcels totaling 3.25 acres in a prime, close-in location within the city limits of Gig Harbor, WA. This mostly level acreage offers exceptional flexibility—build your custom dream home, create a private estate, or explore investment potential in an area where larger parcels are increasingly hard to find. Included is a nostalgic 1935 vintage home, offering 2 bedrooms and 1 bath, and brimming with potential. Restore its classic charm, use it as a temporary residence while you build, or reimagine the space entirely. The contiguous parcel expands your vision, providing room for gardens, outdoor living, or future possibilities. Ideally located just minutes from historic downtown Gig Harbor and its vibrant waterfront, this property places you near scenic parks, top-rated schools, charming restaurants, and everyday conveniences. Enjoy the perfect balance of peaceful surroundings and easy accessibility. Commuters will appreciate the quick drive to Hwy 16 and nearby shopping, including Costco and Target. Held in the same family for decades, this property is rich with history and ready for its next chapter. Opportunities like this—combining acreage, location, and legacy—are increasingly rare in one of the Pacific Northwest’s most beloved waterfront communities.

Additional Information

Community
Midway
Style
11 - 1 1/2 Story
Basement
None
Year Built
1935
View
Territorial
Roof
Composition
Tax Year
2026
School District
Peninsula
Elementary School
Harbor Heights Elem
Middle School
Goodman Mid
High School
Gig Harbor High
Potential Terms
Cash, Conventional
Interior Features
Dining Room, Fireplace, Water Heater
Flooring
Vinyl, Carpet
Driving Directions
GPS Friendly.
Appliance
Dryer, Washer
Appliances Included
Dryer(s), Washer(s)
Water Heater Location
Bathroom
Water Heater Type
Electric
Energy Source
Electric, Oil, Wood
Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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