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
See this Listing
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
- Address5119 38th Ave. NW Gig Harbor WA
- SubdivisionMidway
- CityGig Harbor
- CountyPierce
- Zip Code98335
Subdivisions in Gig Harbor
- Arletta
- Artondale
- Bridgewood
- Burley
- Canterwood
- Colvos Passage
- Crescent Valley
- Cromwell
- East Gig Harbor
- Gig Harbor
- Gig Harbor North
- Henderson Bay
- Horsehead Bay
- In Town
- Key Center
- Key Peninsula
- Key Peninsula North
- Kopachuck
- Lake Holiday
- Lake Of The Woods
- Madrona
- Midway
- Minter
- North Rosedale
- North Vaughn
- Peacock Hill
- Peninsula
- Point Evans
- Point Fosdick
- Point Richmond
- Purdy
- Raft Island
- Rocky Bay
- Rosedale
- Seacliff
- Shore Acres
- Sylvia Lake
- The Narrows
- Vaughn
- Wauna
- Wauna Shores
- Wollochet
- Wollochet Area
- Wollochet Bay
- Wright Bliss
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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Courtesy of Paramount Real Estate Group. Disclaimer: Based on information submitted to the MLS GRID as of Apr-21-2026 5:37:23 am. 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.Copyright 2026. All rights reserved.
5119 38th Ave. NW
Gig Harbor, WA


