$4,595,000
 $24,667 est/mo Sourced by Back At You

0 Canterwood Boulevard,Gig Harbor, WA 98332

Gig Harbor, WA 98332

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Description

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.

Details

MLS #2551037
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site102
Listing Provided ByWindermere Prof Partners | Cindy Marchand

Features

ZoningR-2
Acreage11.21
Property ViewYes

Taxes

Property13988

Area Information

StateWA
CountyPierce
CityGig Harbor
Zip Code98332
Area8 Gig Harbor North
Community NameGig Harbor North
School DistrictPeninsula High
Elementary SchoolSwift Water Elementary
High SchoolPeninsula High
Listing VS Median (in Gig Harbor North)
Price:
$4,595,000
low | high
Med:
$718,900
100% of Average
On site:
102
low | high
Med:
115.5
88.311688311688% of Average
Sourced by Back At You

Market Activity 98332

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Based on information submitted to the MLS GRID as of October 25, 2026 at 9:33:50 PM PDT. 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.

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Learn More About This Property

StateWA
CountyPierce
CityGig Harbor
Zip Code98332
Area8 Gig Harbor North
Community NameGig Harbor North
School DistrictPeninsula High
Elementary SchoolSwift Water Elementary
High SchoolPeninsula High
Listing VS Median (in Gig Harbor North)
Price:
$4,595,000
low | high
Med:
$718,900
100% of Average
On site:
102
low | high
Med:
115.5
88.311688311688% of Average
Sourced by Back At You
Listing Updated: September 29, 2026 at 3:52:24 AM PDT