$1,050,000
Listed at $1,200,0002 bd•1.75 ba•1,083 sq ft
115 Alder Drive Nw, Gig Harbor, WA 98335
• Listed 2025-10-31
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Charming mid-century Raft Island retreat with 80 feet of coveted low-bank waterfront, literally at the water’s edge. A wall of windows captures all the action on the Sound, framed by sweeping Olympic Mountain views and nightly sunsets. The thoughtfully updated kitchen flows into a cozy family room with tongue-and-groove wood walls and ceilings, adding to the coastal vibe. With 2 bedrooms, expansive entertaining deck, and a boat house perfect for kayaks or paddleboards, this darling cottage combines timeless character with modern updates. Large shed and ample parking complete this rare waterfront find. Raft Island community Features include two parks, and the athletic court has pickleball as well as tennis courts.
Listed by Nancy Forsythe • Windermere Prof Partners
Listing updated: July 19, 2026 at 04:04am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2444672
Neighborhood mobility
Peninsula School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Gig Harbor is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 11 days.
$1,050,000 Sold
3 months ago
2 bd•1.75 ba•~1,083 sq ft•Single Family
115 Alder Drive Nw, Gig Harbor, WA 98335
13%
Under list
—
Days on market
0.1 mi
Distance
$740,000 Sold
5 months ago
3 bd•2.5 ba•~2,133 sq ft•Single Family
132 Park Avenue Nw, Gig Harbor, WA 98335
1%
Under list
—
Days on market
0.2 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of July 19, 2026 at 04:04am (date and time MLS GRID Data was obtained). All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
Equal Housing Opportunity. RexMont Real Estate is pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing because of race, color, religion, sex, handicap, familial status, or national origin.
Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (1)
See more →
Open Tue, Sep 8$532,000
-$518,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $540K and $1.05M.
Rental earnings
$1,600/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$1,050,000Last sold price
115 Alder Drive Nw, Gig Harbor, WA 98335
$540,000Last sold price
202 Fir Drive Nw, Gig Harbor, WA 98335
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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