About this home

Exceptional development opportunity in one of Gig Harbor's most desirable close-in locations. This private 4.344-acre parcel offers the rare potential for two luxury estate homesite locations, while remaining within walking distance of downtown Gig Harbor's waterfront, restaurants, boutique shopping, parks, and marinas. Opportunities to develop estate properties with this combination of privacy, convenience, and infrastructure are becoming increasingly difficult to find.Extensive preliminary work has already been completed to help streamline the development process, including an engineered septic design, wetland delineation, geotechnical assessment, permitted driveway installation, utility conduit runs, and other key site improvements. With significant planning already in place, this property is ideally suited for a luxury builder, developer, or buyer looking to create an exceptional custom estate with room to expand.The adjoining 7.556-acre parcel is also available, creating the unique opportunity to assemble nearly 12 acres with the potential for up to three luxury estate homesites (buyer to verify). Whether purchased individually or together, these remarkable properties offer a rare combination of close-in privacy, development potential, and walkable access to everything that makes Gig Harbor one of the Pacific Northwest's premier waterfront communities.

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Property details

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Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.

Peninsula School District

• Swift Water Elementary

  Public · Grades K-5 · State rank 153 of 1,160
  8/10
• Goodman Middle School

  Public · Grades 6-8 · State rank 95 of 534
  8/10
• Peninsula High School

  Public · Grades 9-12 · State rank 92 of 438
  8/10

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.

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%.

Ask about this home

A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.

Market pulse

Gig Harbor is a balanced market.

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

• Offer insight: Homes typically sell with one offer near asking price.

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

• Time on market: The average home goes pending in around 73 days.

Market data from MLS GRID / NWMLS · Updated Sep 2026