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

• 2 beds |
• 1 bath |
• 1,298 sqft

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.

Listing Status:

Active

Data Last Updated:

May 1, 2026 at 2:21AM

Listing Office:

Paramount Real Estate Group : 360-874-0500

Listing Agent:

Randy Knapp : 360-874-0500

MLS ID:

2509363

Interior

• General: Dining RoomFireplaceWater Heater
• Appliances: DryerWasher
• Basement: None
• Flooring: VinylCarpet
• A/C: None
• Heating: Forced Air
• Fireplace: Wood BurningFireplaceFireplaces: 1

Exterior

• General: Wood
• Parking: DrivewayParking spaces: 0

Construction

• Roofing: Composition
• General: One and One HalfPoured Concrete

Location

• HOA Amenities: 0.0
• Originating MLS: nwmls
• School District: Peninsula
• County: Pierce

Lot

• Zoning: 0221173011
• View: TerritorialView

Utilities

• Water: Public
• Sewer: Septic Tank

Financial

• Source: nwmls