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

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

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Courtesy of Paramount Real Estate Group

List Price
$790,000
Status
ACTIVE
Days on Market
100
Price Change
▼ $60,000 1780344983
MLS#
2509363
Subtype
Residential
Style
11 - 1 1/2 Story
Year Built
1935
Bedrooms
2
Bathrooms
1
Living Area
1,298
Lot Size
141,569
Acres
3.25
Subdivision
Midway
Neighborhood
Midway
MLS Area Major
Gig Harbor South

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

Interior Features
Dining Room, Fireplace, Water Heater
Exterior Features
Wood
Property Description
11 - 1 1/2 Story
Flooring
Vinyl, Carpet
Heating
Forced Air
Air Conditioning
None
Levels
One and One Half
Roof
Composition
Parking Features
Driveway
School District
Peninsula
Elementary School
Harbor Heights Elem
Middle School
Goodman Mid
High School
Gig Harbor High
View
Territorial
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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