5119 38th Ave. NW Gig Harbor WA 98335 MLS #NWM2509363

5119 38th Ave. NW
Gig Harbor, WA, 98335
$850,000
2 Beds
1 Baths
1,298 SqFt
3.25 Acres
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MLS #NWM2509363 image #0
Listing Provided Courtesy of Paramount Real Estate Group
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

Price:
$850,000
MLS #:
NWM2509363
Status:
Active
Beds:
2
Baths:
1
Type:
Single Family
Subtype:
Single Family Residence
Subdivision:
Midway
Neighborhood:
6gigharborsouth
Listed Date:
Apr 19, 2026
Finished Sq Ft:
1,298
Total Sq Ft:
1,298
Lot Size:
141,569 sqft / 3.25 acres (approx)
Year Built:
1935
6 – Gig Harbor South6gigharborsouthMidwayPeninsulaHarbor Heights ElemGoodman MidGig Harbor HighTerritorial

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Schools

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

Interior

Appliances
Dryer, Washer
Bathrooms
1 Three Quarter Bathroom
Cooling
None
Fireplaces Total
1
Flooring
Vinyl, Carpet
Heating
Forced Air
Interior Features
Dining Room, Fireplace, Water Heater
Levels
One and One Half
Main Level Bathrooms
1
Main Level Bedrooms
1

Exterior

Construction Materials
Wood
Exterior Features
Wood
Parking Features
Driveway
Roof
Composition
View
Territorial

Financial

Tax Year
2026
Taxes
$7,105

Map

Community

Market Summary

Current real estate data for Single Family in Gig Harbor as of Apr 21, 2026
246
Single Family Listed
89
Avg DOM
450
Avg $ / SqFt
$1,294,199
Avg List Price

Property Summary

    Located in the Midway subdivision, 5119 38th Ave. NW Gig Harbor WA is a Single Family for sale in Gig Harbor, WA, 98335. It is listed for $850,000 and features 2 beds, 1 baths, and has approximately 1,298 square feet of living space, and was originally constructed in 1935. The current price per square foot is $655. The average price per square foot for Single Family listings in Gig Harbor is $450. The average listing price for Single Family in Gig Harbor is $1,294,199. To schedule a showing of MLS#nwm2509363 at 5119 38th Ave. NW in Gig Harbor, WA, contact your Best in the West agent at 206-351-5550.

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