$4,595,000
Est. $23,356/mo0 Canterwood Boulevard, Gig Harbor, WA 98332
• Listed 2026-07-15•New today
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A rare and exceptional development opportunity in one of Gig Harbor North's fastest-growing corridors. This 11+ acre parcel is ideally positioned directly across from St. Anthony Hospital and within Gig Harbor city limits, offering outstanding potential under the City's updated zoning. With the recent increase in allowable density from 6 to 12 units per acre, developers have an incredible opportunity to maximize the site's potential. For a 55+ active adult community, even greater density may be permitted, making this an ideal location for age-restricted housing or a thoughtfully planned multifamily development. The property offers partial views of Henderson Bay and the Olympic Mountains, creating the opportunity for residences with beautiful western sunsets and scenic outlooks. Existing utilities, including sewer, water, natural gas, and electricity, are available from Canterwood Boulevard, helping streamline future development. Located just minutes from Highway 16, Canterwood Golf & Country Club, shopping, restaurants, and everyday amenities, this property combines an exceptional location with strong investment potential. Opportunities of this size, location, and development potential within Gig Harbor city limits are increasingly rare.
Listed by Cindy Marchand • Windermere Prof Partners
Listing updated: July 21, 2026 at 02:10pm
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2551037
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0 Canterwood Boulevard, Gig Harbor, WA 98332
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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 9 days.
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Days on market
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$1,250,000 Sold
6 weeks ago
4 bd•3.5 ba•~4,077 sq ft•Single Family
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0%
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$740,000 Sold
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$850,000 Sold
3 months ago
3 bd•2.5 ba•~2,752 sq ft•Single Family
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Under list
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Days on market
0.8 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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Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Jul 2026
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.