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5915 Lagoon Lane NW, Gig Harbor, WA, 98335

1beds
2baths
1,200sqft
$945,000
$788price/sqft
$5,893/moest. monthly cost
$235,720/yrincome needed

About This Home

Set along one of Gig Harbor’s most coveted bays, this Nantucket-inspired beach cottage is a true coastal gem. With 104 feet of low-bank waterfront on Wollochet Bay, it offers the perfect everyday retreat. Thoughtfully remodeled and re-envisioned from the inside out, the home lives like new while preserving its coastal character. Wrapped in hand-dipped cedar shakes, it feels like a seaside escape from the moment you arrive. Inside, vaulted shiplap ceilings and abundant natural light create an airy, inviting atmosphere, while quality craftsmanship and timeless finishes shine throughout. French doors open to a generous wraparound deck, perfect for relaxed mornings and stunning sunrises. Enjoy a dreamy kitchen complete with marble countertops, a farmhouse sink, paneled appliances, and a Dutch door that welcomes in the coastal breeze. A loft with sweeping water views offers a cozy space for a second bed or family room. Downstairs, the daylight basement hosts a serene primary suite with a spa-like bath featuring walnut cabinetry, marble finishes and a spacious walk-in shower. Ideal for kayaking, bird watching, and summer swims—where salt air and gentle tides set the rhythm of daily life.

Getting Around

7
WalkingCar-Dependent
0
TransitVery Limited Transit
4
BikeSomewhat Bikeable

Schools

7/10
8/10
Kopachuck Middle SchoolGrades 6-83.0 mi
9/10
Gig Harbor High SchoolGrades 9-122.5 mi

Construction

Condition

  • Property condition: Very Good
  • Year built: 1965

Materials

  • Foundation: Poured Concrete
  • Roof: Composition
  • Construction materials: Cement Planked,Cement Plank

Notable Dates

  • Major remodel year: 2026

Type & Style

  • Home type: SingleFamily
  • Architectural style: 1 1/2 Stry w/Bsmt
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dishwasher,Double Oven,Microwave,Refrigerator,Stove(s)/Range(s),Dishwasher(s),Microwave(s),Refrigerator(s),Water Heater: Electric,Water Heater Location: Daylight Basement

Basement

  • Has basement: Yes
  • Basement: Daylight

Bathroom Full

  • Level: Main

Bathroom Three Quarter

  • Level: Lower

Bedrooms & Bathrooms

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

Den Office

  • Level: Main

Entry Hall

  • Level: Main

Features

  • Bath Off Primary,Loft
  • Door features: French Doors
  • Window features: Dbl Pane/Storm Window
  • Flooring: Ceramic Tile,Laminate,Carpet

Heating & Cooling

  • Heating features: Ductless,Wall Furnace,Electric
  • Cooling features: Ductless

Interior Area

  • Total structure area: 1,200
  • Total interior livable area: 1,200 sqft

Kitchen With Eating Space

  • Level: Main

Living Room

  • Level: Main

Master Bedroom

  • Level: Lower

Utility Room

  • Level: Lower

Property

Details

  • Parcel number: 4040000320
  • Special condition: Standard

Features

  • Levels: One and One Half
  • Stories: 1
  • Entry location: Main
  • Patio & porch: Bath Off Primary,Dbl Pane/Storm Window,French Doors,Loft,Vaulted Ceiling(s),Walk-In Closet(s),Water Heater
  • Has view: Yes
  • View description: Bay,Sound
  • Has water view: Yes
  • Water view: Bay,Sound
  • On waterfront: Yes
  • Waterfront features: Low Bank,Bayfront,Sound
  • Frontage length: Waterfront Ft: 104'

Lot

  • Lot size: 0.30 Acres
  • Features: Paved,Cable TV,Deck,High Speed Internet,Outdoor Fireplace

Parking

  • Parking features: Driveway

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
    Coastal FloodingModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate

How This Home’s Risks Compare

Coastal Flooding
Earthquake
Heat Wave

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 $4,778$57,336
Home Insurance *$230$2,760
Property Taxes $736$8,832
Electricity $149$1,793
Total$5,893$70,716
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$202,045/yr
40% on housing$176,790/yr
45% on housing$157,146/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

$788This listing

vs Other Active Listings

Avg $/sqft

ZIP 98335$389
Pierce County$262

vs Homes Sold Last Month

Median $/sqft

ZIP 98335$357
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
2026-04-22Price change$945,000
2026-04-01Listed for sale$965,000
2023-02-28Sold$665,000
2023-01-31Pending sale$665,000
2022-11-10Listed for sale$665,000
2021-10-13Sold$532,000
2021-10-09Pending sale$475,000
2021-10-07Listed for sale$475,000
2021-03-24Listing removed--
2019-10-14Listing removed$1,500
2019-08-22Listed for rent$1,500
2013-09-28Listing removed$299,950
2013-03-01Listed for sale$299,950
2012-10-04Listing removed$299,950
2012-04-04Listed for sale$299,950
2011-12-02Listing removed$299,950
2011-04-19Listed for sale$299,950
2011-02-18Listing removed$329,000
2010-06-12Listed for sale$329,000
2008-11-22Listing removed$399,000
2008-04-29Listed for sale$399,000
2007-08-16Sold$240,000

For Sale by Agent

AgentJaclyn M. Harkson
BrokerageWindermere Prof Partners

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