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4923 Canterwood Drive NW, Gig Harbor, WA, 98332

4beds
3baths
2,863sqft
$1,225,000
$428price/sqft
$7,579/moest. monthly cost
$303,160/yrincome needed

About This Home

Canterwood is one of those neighborhoods that needs little introduction in Gig Harbor. Set within a 24-hour guard-gated community, 4923 Canterwood Drive sits right in the heart of it. Walk to the club or nearby parks, then come home to a private, beautifully landscaped lot surrounded by mature greenery. Thoughtfully updated, this 2,863-square-foot home offers four bedrooms, a private office near the entry, an upstairs bonus room, and 2.5 baths. Hardwood floors, updated lighting, and a two-story entry create a warm first impression without feeling overly formal.The main level has an easy, connected flow between the living room, dining room, and kitchen. The kitchen features granite countertops, freshly painted cabinetry, a large island, eating nook, and warming drawer. French doors open to the updated deck, where a dedicated BBQ area and peaceful territorial views make outdoor living feel like a natural extension of the home. Upstairs, the primary suite overlooks the lush backyard and mature landscaping. The tucked-away bonus room offers flexible space for a playroom, media room, or second home office. An oversized mudroom with walk-in laundry connects directly to the attached three-car garage. All of this is just minutes from Highway 16, St. Anthony Hospital, shopping, Costco, the YMCA, and everyday conveniences.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
24
BikeSomewhat Bikeable

Schools

9/10
Purdy Elementary SchoolGrades PK-50.9 mi
8/10
8/10
Peninsula High SchoolGrades 9-121.1 mi

Construction

Condition

  • Property condition: Good
  • Year built: 1990

Materials

  • Foundation: Poured Concrete
  • Construction materials: Brick,Cement/Concrete,Wood Products

Notable Dates

  • Major remodel year: 1999

Other

  • Builder name: Lanway

Type & Style

  • Home type: SingleFamily
  • Architectural style: Traditional,2 Story
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Dryer,Microwave,Refrigerator,See Remarks,Stove(s)/Range(s),Washer,Dishwasher(s),Dryer(s),Microwave(s),Refrigerator(s),Washer(s),Water Heater: Gas,Water Heater Location: garage

Bathroom Full

  • Level: Second

Bathroom Full

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedroom

  • Level: Second

Bedrooms & Bathrooms

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

Bonus Room

  • Level: Second

Den Office

  • Level: Main

Dining Room

  • Level: Main

Entry Hall

  • Level: Main

Family Room

  • Level: Main

Features

  • Bath Off Primary,Ceiling Fan(s),Dining Room,Pantry
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window,Skylight(s)
  • Flooring: Hardwood,Laminate,Carpet
  • Number of fireplaces: 2
  • Fireplace features: Wood Burning,Main Level: 2,Fireplace
  • Fireplace: Yes

Great Room

  • Level: Main

Heating

  • Heating features: Fireplace,Forced Air,Electric,Natural Gas

Interior Area

  • Total structure area: 2,863
  • Total interior livable area: 2,863 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Second

Other

  • Level: Main

Rec Room

  • Level: Second

Utility Room

  • Level: Main

Property

Details

  • Parcel number: 2827420840
  • Zoning: MPC
  • Zoning description: Jurisdiction: County
  • Special condition: Standard

Features

  • Levels: Two
  • Stories: 2
  • Entry location: Main
  • Pool features: Community
  • Patio & porch: Bath Off Primary,Ceiling Fan(s),Dbl Pane/Storm Window,Dining Room,Fireplace,French Doors,Jetted Tub,Pantry,Skylight(s),Walk-In Closet(s),Water Heater
  • Spa features: Bath
  • Has view: Yes
  • View description: Territorial
  • Topography of land: Partial Slope
  • Residential vegetation: Wooded

Lot

  • Lot size: 0.48 Acres
  • Features: Paved,Sidewalk,Cable TV,Deck,Fenced-Fully,Gas Available,High Speed Internet,Patio,Sprinkler System

Parking

  • Total spaces: 3
  • Parking features: Attached Garage
  • Has garage: Yes
  • Covered spaces: 3

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
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Pierce County and Washington

Fire
Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

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

MonthlyAnnual
Mortgage $6,194$74,328
Home Insurance *$263$3,156
Property Taxes $927$11,124
Electricity $195$2,349
Total$7,579$90,948
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$259,851/yr
40% on housing$227,370/yr
45% on housing$202,106/yr

Washington FAIR Plan Programs

Washington FAIR Plan

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 306Commercial: 55
Total Premiums$858,000
Total Exposure$176.33M

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.

Insurance Growth Rate5-year average: 9.9%
9.9%
0%30.0%
Electricity Growth Rate10-year average: 3.0%
3.0%
0%15.0%
Property Taxes Growth Rate2-year average: 1.6%
1.6%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$428This listing

vs Other Active Listings

Avg $/sqft

ZIP 98332$413
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98332$356
Pierce County$312

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

DateEventPrice
2026-07-31Price change$1,225,000
2026-07-09Listed for sale$1,250,000
2021-03-24Listing removed--
2015-12-30Sold$421,719
2007-05-30Sold$575,000
2007-05-03Price change$575,000
2007-04-15Listed for sale$589,995
2003-10-07Sold$450,000
2001-10-25Sold$232,281
1999-02-08Sold$325,000

For Sale by Agent

AgentMichelle Charlton
BrokerageNeighborhood Experts Real Est.

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