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Listed by Kristi Swenson • PropertiesNW of Gig Harbor Ltd.
FOR SALE

$289,000

Est. $1,601/mo

54 Raft Island Drive NW, Gig Harbor, WA 98335

• Listed Jun 27, 2026•113 days active · 113 cumulative

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★★★★★5.0·1,242 Google reviews

Listing Broker: PropertiesNW of Gig Harbor Ltd; Kristi Swenson; 253-306-9955; kristi@propertiesnw.com

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Listing Broker: PropertiesNW of Gig Harbor Ltd; Kristi Swenson; 253-306-9955; kristi@propertiesnw.com

About this home

Bring your builder and your vision to one of the last remaining vacant lots on beautiful Raft Island. Enjoy the charm of this private island community, complete with two community beaches, a boat launch, dock, park, kayak racks, and pickleball/tennis courts. The groundwork has already been done with an approved 3-bedroom septic design, topographic survey, certificate of water availability, and approved geotechnical assessment. Preliminary architectural plans are also available. Surrounded by saltwater and nestled in the scenic South Puget Sound, this rare opportunity offers the perfect setting to build the home you've always imagined, all just minutes from the shops, dining, and amenities of Gig Harbor. Don't miss this rare chance to create your dream home and enjoy the unique lifestyle that makes Raft Island such a special place to call home.

Property type
Single Family
Year built
Not listed
Interior
Not listed
Lot size
0.6084 acres
Parking
None
Price / sq ft
Not listed
Property taxes$571.29/yr (est.)
HOA dues$200/mo
School districtPeninsula

Listed by Kristi Swenson • PropertiesNW of Gig Harbor Ltd

Listing updated: October 16, 2026 at 10:28am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2546887

Around this home

RexMont OfferEdge™

How much should you offer?

54 Raft Island Drive NW, Gig Harbor, WA 98335

List price
$289,000
Down payment
$57,800

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Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.

Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.

Property details

Layout

  • Res-Less thn 1 Ac

Schools

Ratings via SchoolDigger

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.

Vacant land facts

As entered by the listing broker on Northwest MLS

Lot

Acres
0.61 acres
Lot square feet
26,500 sq ft
Topography
Level,Sloped
Lot details
Paved

Zoning & use

Zoning code
R10
Zoning description
Residential
Zoning jurisdiction
County
Possible use
Residential
Restrictions
CC&R,NO Manufactured Homes

Utilities

Utilities
Electricity Available, Natural Gas Available, Septic Design Applied
Electricity
In Street
Gas
In Street
Water
Available, In Street, On Property
Water jurisdiction
Washington Water
Water access
Community Waterfront/Pvt Beach
Sewer
Not Available
Septic system type
Pressure
Septic design applied
Yes
Septic design approved
Sep 24, 2025
Septic design expires
Sep 26, 2028
Septic installed
No

Road & access

Road responsibility
Private Maintained Road
Road information
Privately Maintained

Surveys & reports

Sketch submitted
Yes
Reports and documents completed
CCRs,Geotech,See Remarks,Septic "As Built"

Water & irrigation

Waterfront
No
Irrigation water rights
No

Taxes & assessment

Annual taxes
$571
Tax year
2026
Financing
Cash, Conventional
Seller disclosure
Provided
Preliminary title ordered
Yes

Neighborhood mobility

Doorstep, Pedal & Station Scores

Three RexMont scores for this exact address: what is on foot, what is by bike, and what rides past the door.

Ground Truth™

The ground, the slope, the flood zone and the noise at this address

Read from public hazard, flood, terrain and noise maps for this exact home.

Address Insider™

The members' report

Commute, transit, zoning and ADU potential, internet providers and the lifestyle around the home: the nearest grocery, coffee, park, services and transit stop. One free registration opens every home on rexmont.com.

Members

Opens with the report above.

Sales & Tax Records for 54 Raft Island Drive NW

NWMLS via MLS Grid · Pierce County Assessor

Every listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.

  1. Jun 27, 2026
    Listed
    NWMLS via MLS Grid · #2546887
    $289,000
  2. Jul 7, 2016
    Recorded sale
    Pierce County recorder · Easement
    $40,000
  3. Jun 9, 2010
    Recorded sale
    Pierce County recorder · Statutory warranty deed
    $500,000

Down payment assistance

6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.

Check eligibility

Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.

Mortgage payment forecast

$1,921 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

Takes about 5 minutes & won't affect your credit

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Plan your offer with a RexMont buyer specialistWalk through escalation strategy, contingencies, and competing-offer risk in this neighborhoodCompare loan options30-yr fixed, 15-yr, FHA, VA, jumbo

Source: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.

Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.

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Listing Broker: PropertiesNW of Gig Harbor Ltd; Kristi Swenson; 253-306-9955; kristi@propertiesnw.com

Market pulse

Gig Harbor is a balanced market.

Supply and demand are roughly in balance. Neither side has a clear edge.

Buyer's marketSeller's market

  • Offer insight: Well-priced homes draw multiple offers; others sell close to asking.

  • List to sale price: The average home sells very close to list price.

  • Time on market: The average home goes pending in around 61 days.

Recent sales nearby

Within 1 mile · last 6 months

  • $840,000 Sold

    3 weeks ago

    4 bd•3.5 ba•~2,961 sq ft•Single Family

    152 Madrona Drive NW, Gig Harbor, WA 98335

    0%

    Over list

    42

    Days on market

    0.3 mi

    Distance

  • $1,505,000 Sold

    3 weeks ago

    3 bd•2.5 ba•~2,731 sq ft•Single Family

    7304 Plant Drive NW, Gig Harbor, WA 98335

    5%

    Over list

    41

    Days on market

    0.7 mi

    Distance

  • $720,000 Sold

    3 weeks ago

    3 bd•2 ba•~2,125 sq ft•Single Family

    114 Madrona Drive NW, Gig Harbor, WA 98335

    3%

    Over list

    45

    Days on market

    0.2 mi

    Distance

  • $540,000 Sold

    6 weeks ago

    3 bd•1 ba•~1,350 sq ft•Single Family

    202 Fir Drive NW, Gig Harbor, WA 98335

    3%

    Under list

    43

    Days on market

    0.3 mi

    Distance

  • $1,825,000 Sold

    7 weeks ago

    4 bd•2.25 ba•~2,576 sq ft•Single Family

    164 Madrona Drive NW, Gig Harbor, WA 98335

    0%

    Over list

    42

    Days on market

    0.3 mi

    Distance

Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.

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Market data from MLS GRID / NWMLS · Updated Oct 2026

Information and statistics derived from Northwest Multiple Listing Service. Source: Northwest Multiple Listing Service, as distributed by MLS GRID.

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of October 18, 2026 at 11:19 AM PT (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.

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© 2026 Northwest Multiple Listing Service. All rights reserved.

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