Listing Office: Paramount Real Estate Group Northwest Multiple Listing Service Logo

5119 38th Ave. Nw, Gig Harbor, WA

$750,000

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2

Beds

¾

Baths

1,298

Square feet

3.25

Acres

About 5119 38th Ave. Nw

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.

Features of 5119 38th Ave. Nw

MLS® # 2509363
Price $750,000
Bedrooms 2
Bathrooms 0.75
Square Footage 1,298
Acres 3.25
Year Built 1935
Type Residential
Sub-Type Single Family Residence
Style Craftsman
Status Active

Community Information

Address 5119 38th Ave. Nw
Area 6 - Gig Harbor South
Subdivision Midway
City Gig Harbor
County Pierce
State WA
Zip Code 98335

Amenities

Parking Driveway
View Territorial
Is Waterfront No

Interior

Interior Features Dining Room, Fireplace, Water Heater
Appliances Dryer, Washer
Heating Forced Air
Cooling None
Fireplace Yes
# of Fireplaces 1
Fireplaces Wood Burning

Exterior

Exterior Features Wood
Foundation Poured Concrete

School Information

District Peninsula
Elementary Harbor Heights Elem
Middle Goodman Mid
High Gig Harbor High

Additional Information

Date Listed April 19th, 2026
Days on Market 130
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeParamount Real Estate Group

Listing Map

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