2707 50th Avenue NW, Gig Harbor, WA, 98335
About This Home
Extremely RARE - 5 Acres ON Wollochet Bay - First time on the market in 35 years! Large parcel, legacy opportunities ON the water do not come around every day, and this is your opportunity to seize it to build your dream home! The 1940's home (unfortunately destroyed by fire 5 years ago) together with outbuildings provide a blank canvas footprint of 4000+sf to work your plans around. The house footprint features sweeping views of Wollochet Bay, and a gentle meander to the waterfront includes 120 ft of shoreline and tidelands. Access includes a private road and circular driveway. 3 party well in great condition is on site. Septic has been pumped/inspected. Prelim feasibility docs available include survey, topography, and wetlands.
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Property condition: Fixer
- Year built: 1940
Materials
- Roof: Composition
- Construction materials: Brick,Wood Siding
Notable Dates
- Major remodel year: 1940
Type & Style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subType: Single Family Residence
Interior
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Heating & Cooling
- Heating features: None,Electric,Natural Gas
- Cooling features: None
Interior Area
- Total structure area: 4,835
- Total interior livable area: 4,835 sqft
Property
Details
- Parcel number: 0221306010
- Zoning description: Jurisdiction: County
- Special condition: Standard
Features
- Levels: One and One Half
- Stories: 1
- Has view: Yes
- View description: Bay,Sound
- Has water view: Yes
- Water view: Bay,Sound
- On waterfront: Yes
- Waterfront features: Medium Bank,Bulkhead
- Frontage length: Waterfront Ft: 120
- Topography of land: Level,Partial Slope
- Residential vegetation: Wooded
Lot
- Lot size: 5.79 Acres
- Features: Paved,Value In Land,Outbuildings
Parking
- Total spaces: 2
- Parking features: Attached Carport
- Covered spaces: 2
- Carport: Yes
- Carport spaces: 2
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
- Coastal Flooding
- Earthquake
- 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 | $9,860 | $118,320 |
| Home Insurance * | $475 | $5,700 |
| Property Taxes | $1,470 | $17,640 |
| Electricity | $330 | $3,968 |
| Total | $12,135 | $145,620 |
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)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2025-11-15 | Listed for sale | $1,950,000 |
| 1991-02-01 | Sold | $280,000 |
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