10427 Powell Drive NW, Gig Harbor, WA, 98335
About This Home
Experience a timeless coastal escape just moments from the charm and amenities of Gig Harbor. Set on .85 acres, this exceptional property captures sweeping views of Mount Rainier, Fox Island, and the shimmering waters of Puget Sound—beautifully showcased from a storybook 480 sq ft, 1-bedroom, 3/4 bath cottage. The grounds are equally captivating, featuring a private orchard with apple and pear trees, flourishing grapevines, and thoughtfully curated garden space, all nestled along a picturesque country lane. Here, life slows down—offering a simpler, more peaceful rhythm where days are spent tending your orchard, beachcombing nearby shores, and creating lasting memories in a truly serene setting. With a private well and 3-bedroom septic system already in place, the property is primed for the creation of a custom residence. With no HOA restrictions, you have the freedom to design and build the home you’ve always envisioned—whether that’s a luxury retreat, modern farmhouse, or legacy estate tailored to your lifestyle. Moments from a nearby boat launch and beach access, this is a rare and remarkable opportunity to craft your ideal coastal haven in one of the Pacific Northwest’s most serene and sought-after settings.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Good
- Year built: 1950
Materials
- Roof: Composition
- Construction materials: Wood Siding
Notable Dates
- Major remodel year: 1985
Type & Style
- Home type: SingleFamily
- Architectural style: 1 Story
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Dryer,Microwave,Refrigerator,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Electric,Water Heater Location: Laundry
Bathroom Three Quarter
- Level: Main
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Entry Hall
- Level: Main
Features
- Flooring: Softwood
- Number of fireplaces: 1
- Fireplace features: Main Level: 1,Fireplace
- Fireplace: Yes
Heating & Cooling
- Heating features: Fireplace,Baseboard,Electric,Propane
- Cooling features: None
Interior Area
- Total structure area: 480
- Total interior livable area: 480 sqft
Kitchen Without Eating Space
- Level: Main
Living Room
- Level: Main
Master Bedroom
- Level: Main
Property
Details
- Parcel number: 0121214080
- Zoning: R-10
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: One
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace,Water Heater
- Has view: Yes
- View description: Bay,Sound
- Has water view: Yes
- Water view: Bay,Sound
- Topography of land: Level,Partial Slope,Sloped
- Residential vegetation: Fruit Trees,Garden Space
Lot
- Lot size: 0.85 Acres
- Features: Dead End Street,Secluded,Value In Land,Cable TV,Deck,High Speed Internet,Propane,RV Parking,Sprinkler System
Parking
- Parking features: Driveway,Off Street,RV Parking
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Coastal Flooding
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters in Pierce County and Washington
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $4,040 | $48,480 |
| Home Insurance * | $194 | $2,328 |
| Property Taxes | $613 | $7,356 |
| Electricity | $149 | $1,793 |
| Total | $4,996 | $59,952 |
Income You'd Need if You Spent...
Washington FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-15 | Listed for sale | $849,000 |
| 2024-09-13 | Listing removed | $1,650 |
| 2024-08-10 | Listed for rent | $1,650 |
| 2020-01-31 | Sold | $360,000 |
View on Zillow