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

2beds
1baths
1,298sqft
$850,000
$655price/sqft
$5,232/moest. monthly cost
$209,280/yrincome needed

About This Home

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.

Getting Around

42
WalkingCar-Dependent
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
7/10
Goodman Middle SchoolGrades 6-80.8 mi
9/10
Gig Harbor High SchoolGrades 9-122.0 mi

Construction

Condition

  • Property condition: Fair
  • Year built: 1935

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Wood Siding

Notable Dates

  • Major remodel year: 1977

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 1/2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Washer,Dryer(s),Washer(s),Water Heater: Electric,Water Heater Location: Bathroom

Basement

  • Basement: None

Bathroom Three Quarter

  • Level: Main

Bedroom

  • Level: Main

Bedroom

  • Level: Second

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • 3/4 bathrooms: 1
  • Main level bathrooms: 1
  • Main level bedrooms: 1

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Dining Room
  • Flooring: Vinyl,Carpet
  • Number of fireplaces: 1
  • Fireplace features: Wood Burning,Main Level: 1,Fireplace
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Fireplace,Forced Air,Electric,Oil,Wood
  • Cooling features: None

Interior Area

  • Total structure area: 1,298
  • Total interior livable area: 1,298 sqft

Kitchen Without Eating Space

  • Level: Main

Living Room

  • Level: Main

Property

Details

  • Parcel number: 0221173011
  • Zoning description: Jurisdiction: City
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Dining Room,Fireplace,Water Heater
  • Has view: Yes
  • View description: Territorial
  • Residential vegetation: Wooded

Lot

  • Lot size: 3.25 Acres

Parking

  • Parking features: Driveway