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JRJeff ReynoldsCompass · Seattle

Listed by Val Burmester, Realogics Sotheby's Int'l Rlty

Land
Type
834,174 sq ft
Lot
141
Days on market

About this property

HOPE LANDING - Once a landing for letters. Now a landing for legacy. 19+acres of waterfront property and 130 ft. of low bank waterfront in Cedrona Cove. The permit ready custom residence spans 6200 sq. ft, positioned to capture sweeping water views, vista and Narrows Bridge. A resort-style pool house complete the outdoor living experience. A 2500 sq. ft. detached garage awaits the most discerning of automobile enthusiasts. Featuring over sized, pass through doors, tall ceilings, the additional space is ideal to house car enthusiats. An original U.S. Post Office building — a piece of island history presents an extraordinary opportunity for reimagination. Whether envisioned as a boathouse, event space, or private retreat, this structure offers potential limited only by the buyer’s creativity. And with future dock exploration, the fun is only just beginning. Zoned R-10 Approved builder plans, Permits renewed. Septic has been dug, with permits approved across multiple locations. A feasibility report has been completed. Initial work toward a short plat to create three total parcels has been started; buyers may continue the process subject to applicable requirements and approvals. Water management improvements direct runoff to a reserve pond and toward the shoreline. Two access points serve the main parcel and potential additional parcels. Buyers are encouraged to verify all plans, approvals, and feasibility. Presell of a 6200 sq. ft. home available.

Location & commute

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Directions

Property details

Listing details

Listing number
#2503070
Listed
April 8, 2026
Days on market
141

Parking

Parking
Garage

Views

View
MountainsSoundTerritorial

Construction

Style
41 - Res-Over 1 Acre
Structure
None

Lot

Lot size
834,174 sq ft
Waterfront
Yes

Terms

Terms offered
CashConventional

Utilities

Utilities
Electricity ConnectedSeptic Design Applied
Water
AvailablePrivate Well
Sewer
Not Available

Schools

District
Peninsula
Elementary
Artondale Elem
High
Gig Harbor High

What stands out to you?

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  • Garage
  • Mountains
  • Sound
  • Territorial
  • None
  • Cash
  • Conventional
  • Electricity Connected
  • Septic Design Applied
  • Available
  • Private Well
  • Not Available

Listing history

  1. Listed

    $5,398,000

    April 8, 2026

Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.

Payment estimate

An estimate to help you plan, not a loan offer or financial advice.

Est. monthly

$31,433

Principal & interest
$27,295
Property tax (est.)
$4,138

Assumes $1,079,600 down (20%), a $4,318,400 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.

Similar nearby listings

Based on information submitted to the MLS GRID as of August 28, 2026 at 8:00 AM PDT. 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.