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5119 38th Avenue NWGig Harbor, WA 98335Price: $850,000

  • Price: $850,000
  • Est. Mortgage of $/month
  • 31 Days on Market
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Federal 30-year interest rate: 6.36% last updated on May 14, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $850,000List Price
  • 2Bedrooms
  • 1Bathrooms
  • 3.25Acreage
  • 1,298Square Feet
Listed by Randy Knapp of Paramount Real Estate Group
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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 of 5119 38th Avenue NW

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Listing data courtesy of NWMLS as provided by MLS Grid as of May 19, 2026 11:34 PM EDT . All data is obtained from various sources and has not been, and will not be, verified by broker or NWMLS. All information should be independently reviewed and verified for accuracy.  Properties may or may not be listed by the office/agent presenting the information. Supplied Open House Information is subject to change without notice. Many homes contain recording devices, and buyers should be aware they may be recorded during a showing. Listing data shown with the three tree icon are provided courtesy of NWMLS. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.  The data is deemed reliable but is not guaranteed.

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