All homes

$4,595,000

0 Canterwood Boulevard

Gig Harbor, WA 98332

Active
Bay viewMountains viewPartial viewSound viewTerritorial view

Beds

Baths

Sq Ft

Lot

11.21 ac

Year built

Type

Land

Days listed

45

MLS #

2551037

About this home

A rare and exceptional development opportunity in one of Gig Harbor North's fastest-growing corridors. This 11+ acre parcel is ideally positioned directly across from St. Anthony Hospital and within Gig Harbor city limits, offering outstanding potential under the City's updated zoning. With the recent increase in allowable density from 6 to 12 units per acre, developers have an incredible opportunity to maximize the site's potential. For a 55+ active adult community, even greater density may be permitted, making this an ideal location for age-restricted housing or a thoughtfully planned multifamily development. The property offers partial views of Henderson Bay and the Olympic Mountains, creating the opportunity for residences with beautiful western sunsets and scenic outlooks. Existing utilities, including sewer, water, natural gas, and electricity, are available from Canterwood Boulevard, helping streamline future development. Located just minutes from Highway 16, Canterwood Golf & Country Club, shopping, restaurants, and everyday amenities, this property combines an exceptional location with strong investment potential. Opportunities of this size, location, and development potential within Gig Harbor city limits are increasingly rare.

Schools

Elementary

Swift Water Elementary

Middle

Harbor Ridge Mid

High

Peninsula High

Property details

View
Bay, Mountains, Partial, Sound, Territorial
Lot
Adjacent to Public Land, Open Space
Water source
In Street
Sewer
In Street
Utilities
Electricity Available, Natural Gas Available

Costs

Annual taxes
$13,988 (2026)

Estimate your monthly payment

$24,400/mo

Principal & interest
$23,235
Property taxes
$1,166
Loan amount $3,676,000

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 98332

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Windermere Prof Partners— Cindy Marchand.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.

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