Property Details
5119 38th Ave. NW
Gig Harbor, WA 98335
$850,000
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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.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Pierce
Neighborhood
Midway
Listed
Apr 19, 2026
Interior Features
Bedrooms
2
Bathrooms
1.0
Living Area
1,298 sq ft
Basement
None
Entry Level
Main
Interior Features
Dining Room, Fireplace, Water Heater
Exterior & Lot
Lot Size
3.25 sqft
Year Built
1935
Exterior Materials
Wood
Parking
Driveway
Sewer
Septic Tank
Water Source
Public
Exterior Features
Wood
Location
City
Gig Harbor
County
Pierce
Coordinates
47.30482, -122.58851
Schools
School District
Peninsula
Elementary School
Harbor Heights Elem
Middle School
Goodman Mid
High School
Gig Harbor High
Additional Information
Tax Year
2026
Annual Taxes
$7,105
Possession
Array
Inclusions
Dryer(s),Washer(s)
Mortgage Calculator
Estimated Monthly Payment
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
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