$750,000
Reduced $100,000 — was $850,000
5119 38th Ave. NW
Gig Harbor, WA 98335
Beds
2
Baths
1
Sq Ft
1,298
Lot
3.25 ac
Year built
1935
Type
Residential
Days listed
132
MLS #
2509363
About this home
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.
Interior features
Exterior features
Appliances
Schools
Elementary
Harbor Heights Elem
Middle
Goodman Mid
High
Gig Harbor High
Property details
- Heating
- Forced Air
- Cooling
- None
- Flooring
- Vinyl, Carpet
- Parking
- Driveway
- View
- Territorial
- Water source
- Public
- Sewer
- Septic Tank
- Style
- Craftsman
- Levels
- One and One Half
- Fireplaces
- 1
Costs
- Price / sq ft
- $578
- Annual taxes
- $7,105 (2026)
Estimate your monthly payment
$4,384/mo
- Principal & interest
- $3,792
- Property taxes
- $592
Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.
Location
Gig Harbor, WA 98335
Approximate location. Contact us to confirm the exact address.
Listing courtesy of Paramount Real Estate Group— Randy Knapp.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.
Interested in this home?
Request a private tour or ask a question — a local agent will respond personally.