LKV Realty
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Randy KnappParamount Real Estate Group
$790,000
5119 38th Ave. NW, Gig Harbor, WA 98335Listing ID 2509363

5119 38th Ave. NW, Gig Harbor, WA 98335

Active
Midway
Last updated: Jul 15, 2026
Property Type
Property Type
Residential
Property Sub Type
Property Sub Type
Single Family Residence
Bedrooms
Bedrooms
2
Bathrooms
Bathrooms
1
Square Feet
Square Feet
1,298
Acres
Acres
3.25
Cooling
Cooling
None
Heating
Heating
Forced Air
Year Built
Year Built
1935
Parking
Parking
Driveway

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 Information

Property Details

Location

Address
5119 38th Ave. NW
County
Pierce
City
Gig Harbor
Zip Code
98335
Subdivision
Midway
School District
Peninsula
High School
Gig Harbor High
Elementary School
Harbor Heights Elem
MLS Area
6 - Gig Harbor South

Interior Features

Beds and Baths

Bedrooms
2
Main Level Bedrooms
1
3/4 Bathrooms
1

Building

Building Information

Square Feet
1,298
Year Built
1935
Construction
Wood
Foundation
Poured Concrete
Roof
Composition
Condition
Fair

Financial

Special Conditions
None

Property Taxes

Tax Annual Amount
$7,105
Tax Year
2026
Source: Northwest Multiple Listing Service
Northwest Multiple Listing Service logo

Based on information submitted to the MLS GRID as of 16 Aug 2026, 04:04 PM UTC. 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. Some IDX listings have been excluded from this website. IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This data is deemed reliable but is not guaranteed by MLS GRID. The use of the MLS GRID Data may be subject to an end user license agreement prescribed by the Member Participant’s applicable MLS if any and as amended from time to time. MLS GRID may, at its discretion, require use of other disclaimers as necessary to protect Member Participant, and/or their MLS from liability.

For corrections to this data please contact Brytecore MLS Support.

NWM28399

*Average of $2,150 in rewards is calculated based on the purchase or sale of a home between $400,000 to $449,000. The median home price for all housing types is in the United States is $405,400 as of 2025 as reported by the National Association of Realtors® (NAR). The actual reward amount may vary depending on the purchase or sales price of the home. Please see the Lakeview Home Rewards program terms and conditions for more details. The National Association of Realtors® is a registered trademark of the National Association of Realtors®.