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JRJeff ReynoldsCompass · Seattle

Listed by Randy Knapp, Paramount Real Estate Group

2
Bedrooms
1
Bathrooms
1,298
Square feet
$609
Per sq ft
Single Family Residence
Type
1935
Year built
141,569 sq ft
Lot
85
Days on market

About this property

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.

Location & commute

Add a destination (work, gym, school) for directions and drive time.

Directions

Property details

Listing details

Listing number
#2509363
Listed
April 19, 2026
Days on market
85
Price per sq ft
$609
Original list price
$850,000

Unit & building

Unit levels
One and One Half

Parking

Parking
Driveway

Views

View
Territorial

Construction

Year built
1935
Style
11 - 1 1/2 Story
Structure
House
Roof
Composition

Heating & cooling

Heating
Forced Air
Cooling
None
Energy source
ElectricOilWood

Interior features

Features
Dining RoomFireplaceWater Heater
Fireplaces
1
Fireplace type
Wood Burning

Flooring

Flooring
VinylCarpet

Appliances

Appliances
DryerWasher

Community & building features

Bus line nearby
Yes

Lot

Lot size
141,569 sq ft

Terms

Terms offered
CashConventional

Utilities

Water
Washington Water
Sewer
Septic
Power
Peninsula Light Co.

Schools

District
Peninsula
Elementary
Harbor Heights Elem
Middle
Goodman Mid
High
Gig Harbor High

What stands out to you?

Mark features you love or could do without. Saved on this device to tune what you see.

  • One and One Half
  • Driveway
  • Territorial
  • House
  • Composition
  • Forced Air
  • None
  • Electric
  • Oil
  • Wood
  • Dining Room
  • Fireplace

Listing history

  1. Listed

    $850,000

    April 19, 2026

  2. Current price

    $790,000

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

$4,601

Principal & interest
$3,995
Property tax (est.)
$606

Assumes $158,000 down (20%), a $632,000 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 July 14, 2026 at 12:15 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.