Key Peninsula Real Estate

Welcome to Key Peninsula, a hidden gem nestled within the picturesque landscapes of Gig Harbor, Washington. This charming community, located in Pierce County, offers a unique blend of natural beauty, friendly neighbors, and a relaxed lifestyle that captures the essence of Pacific Northwest living.

Key Peninsula is renowned for its stunning waterfront views, with easy access to the pristine shores of Puget Sound. Here, you can enjoy a variety of outdoor activities, from kayaking and paddleboarding to hiking along scenic trails that wind through lush forests and along the coastline. The area is also home to several beautiful parks, including the popular Penrose Point State Park, perfect for picnicking, birdwatching, and enjoying the serene surroundings.

The community is characterized by its tight-knit atmosphere, where residents take pride in their neighborhood. You'll find a mix of charming homes, from cozy cottages to modern waterfront properties, all set against a backdrop of breathtaking landscapes. Local shops, farmers' markets, and family-owned restaurants add to the vibrant community spirit, making it easy to connect with your neighbors and enjoy the local culture.

Families will appreciate the reputable schools and numerous recreational opportunities available for children and adults alike. With a slower pace of life and a strong sense of community, Key Peninsula is an ideal place to call home for those seeking a tranquil escape while still being just a short drive from the bustling amenities of Gig Harbor and beyond.

Discover the charm of Key Peninsula today—where nature meets community, and every day feels like a vacation!

Newest Listings in Key Peninsula

$499,000

3 Beds ⋅ 2 Baths ⋅ 2557454 MLS ⋅ ACTIVE Status

Discover this beautiful, NEW 3-bedroom home offers the perfect blend of modern living and serene privacy. Nestled on a private 1.25-acre lot, this home is designed for comfort and style. Features Include: primary bedroom with an ensuite bathroom, featuring a shower and a relaxing soaking tub. Open Concept Living: The bright, open floor plan seamlessly connects the living room, kitchen, and dining area—ideal for entertaining and everyday living. A dedicated laundry room. Covered porch for enjoying the peaceful surroundings.Enjoy the tranquility and beauty of your lot, perfect for outdoor activities or simply unwinding in nature. Don’t miss the chance to make this stunning property your own!

16818 57 Street NW, Vaughn

Listing courtesy of Homes & Equity Real Estate Grp.

$749,950

4 Beds ⋅ 3 Baths ⋅ 2549487 MLS ⋅ ACTIVE Status

Escape to your own private Pacific Northwest sanctuary on 2.5 secluded acres in the peaceful countryside of Gig Harbor, complete with deeded access to a beautiful 12-acre pond. Thoughtfully remodeled throughout, this home blends modern comfort with the tranquility of nature. Inside, you'll find a spacious, functional layout designed for everyday living and effortless entertaining. The beautifully updated kitchen features stylish finishes, generous prep space, and flows seamlessly into the main living areas, creating a warm and inviting gathering space. The main-level primary suite offers convenience, privacy, and a spacious walk-in closet. Step outside to experience your own natural playground surrounded by towering evergreens, abundant wildlife, and complete privacy. Scenic trails lead to the pond, where you can fish for bass, launch a kayak, canoe, or paddleboard, or simply relax and take in the peaceful surroundings. Whether you're looking for adventure, room to roam, or a quiet retreat from the city, this one-of-a-kind property offers a rare opportunity to embrace the beauty of the Pacific Northwest.

12611 194th Ave NW, Gig Harbor

Listing courtesy of Keller Williams Rty Tacoma.

$214,900

2544132 MLS ⋅ ACTIVE Status

Marketing RemarksDiscover the perfect canvas for your dream home on this spacious 4.85-acre level parcel in beautiful Gig Harbor, Washington. With plenty of room to build, this ready-to-develop property offers remarkable potential for a custom residence or a serene private retreat. Enjoy the peaceful surroundings while being just minutes from Minter Bay and Henderson Bay, providing easy access to kayaking, fishing, and all your favorite water activities. Whether you envision a tranquil getaway or a forever home, this property is your opportunity to own a slice of the Pacific Northwest. Don't miss out-start planning your future today! This is a remarkable piece of land in Gig Harbor waiting for you to enjoy!

12014 126th Avenue NW, Gig Harbor

Listing courtesy of Real Broker LLC.

$750,000

3 Beds ⋅ 2 Baths ⋅ 2540521 MLS ⋅ ACTIVE Status

privacy, and Pacific Northwest charm. With over 2,200 square feet of living space, you'll enjoy generous room sizes, an open and functional layout, and picturesque views of the surrounding natural landscape. The primary suite features heated bathroom floors, creating a spa-like retreat and added comfort year-round. Step outside to a large deck, perfect for entertaining, relaxing, or taking in the peaceful surroundings. Adding to the sense of seclusion, county-owned land borders the property, providing an extra layer of privacy and a beautiful natural backdrop. The expansive acreage offers endless opportunities for gardening, recreation, hobbies, or simply enjoying the serenity of country living while remaining conveniently close to schools, shopping, dining, and waterfront amenities. A heat pump ensures year-round comfort, and the home's setting creates a true retreat from the hustle and bustle. Whether you're looking for space to spread out, room for your toys, or a peaceful place to call home, this Gig Harbor gem delivers the lifestyle you've been searching for.

11417 Cedar Grove Street NW, Gig Harbor

Listing courtesy of Paramount Real Estate Group.

$949,500

3 Beds ⋅ 2 Baths ⋅ 2532733 MLS ⋅ ACTIVE Status

A rare find in Gig Harbor. This custom single-level home by BCJC Legacy Crafted Homes sits on a private .44-acre lot and blends warm PNW design with thoughtful craftsmanship. The vaulted great room brings in natural light and features a floor-to-ceiling fireplace and cedar cove lighting. The gourmet kitchen offers high-end finishes and a butcher-block island. The primary suite includes a spa-inspired bath with a walk-in tile shower and soaking tub. Two additional rooms provide ideal bedroom, office, or flex options. Enjoy covered patios, irrigation, landscape lighting, an oversized finished garage, and morning coffee with a glimpse of water through the evergreens.

9303 129th Street Ct NW, Gig Harbor

Listing courtesy of MLS4owners.com.

$120,000

2515046 MLS ⋅ ACTIVE Status

Nearly 10-acre parcel in the Key Peninsula area of Pierce County, offering a quiet rural setting with space to explore a range of potential uses consistent with County regulations. Vacant land surrounded by natural features, appealing to buyers seeking privacy and flexibility.The parcel includes mapped environmental considerations, including potential wetlands and other critical area indicators. Development may require buyer due diligence, which could include engagement of qualified professionals (e.g., wetland consultant, septic/soils evaluation) and coordination with Pierce County. Feasibility-related information may be available from the listing broker, and buyers are encouraged to obtain independent reports and professional advice to evaluate development potential.This property may present an opportunity for buyers prepared to complete the necessary due diligence; however, development outcomes are not guaranteed and are subject to County review and approval.Property is sold as-is. Buyer to verify all information to their satisfaction, including zoning, environmental conditions, utilities, access, and development requirements.

163 xx 72nd Street SW, Longbranch

Listing courtesy of HomeSmart Real Estate Assoc.

$535,000

2 Beds ⋅ 2 Baths ⋅ 2480679 MLS ⋅ ACTIVE Status

Updated 1920s Craftsman on a rare 1-acre lot backing directly to 360 acres of park trails! This beautiful home sits on a cleared parcel bordering Gateway Park / 360 Trails giving you direct access to miles of trails for walking, hiking, biking, and horseback riding, making it feel like your backyard is 360 acres larger. The home has undergone a recent interior remodel including a completely new kitchen with all new appliances, updated bathrooms, new flooring throughout, modern lighting, interior and exterior doors, and numerous additional upgrades, creating a move-in ready home that blends classic charm with modern updates. Previously zoned as a duplex (buyer to verify) offering potential flexibility for future investment. The level, usable lot features fruit trees, new cedar fencing, a fire pit, and ample space for animals, a future shop or garage, garden, or recreational toys. Enjoy the quiet and privacy of the Key Peninsula while still just minutes from Downtown Gig Harbor, Costco, and Metropolitan Market.

10415 State Route 302 NW, Gig Harbor

Listing courtesy of COMPASS.

$289,999

2261783 MLS ⋅ ACTIVE Status

PRICED TO SELL – RARE SINGLE LOT OPPORTUNITY! After 10 years on the market, the seller is highly motivated and ready to liquidate this prime parcel. Previously held at top dollar, the owner’s change in plans creates an excellent opportunity for a builder or homeowner. DEVELOPMENT HIGHLIGHTS: Prior Approvals Available: This lot previously had architectural designs and septic plans approved, offering a clear roadmap for fast re-approval and construction. Prime Waterfront Community: Located in an exclusive Belmar 2 gated community with beach access and stunning water views. Affordable Utilities: Water hookup cost is highly economical — estimated at just $651.90. Additional Parcels Available: The parcel directly next door is also available (MLS# 2261785 ). Two separate parcels directly across the street are available (MLS# 2261780 & 2261777). These two lots have height restrictions in place to protect neighboring ocean views. Some groundwork has been completed for a smoother development process. Whether you acquire just this lot or combine multiple parcels for a larger estate or compound, this is a fantastic opportunity. The seller’s change of plans is your gain. Bring your best offer today before these rare opportunities are gone!

126 XX 101st Avenue Ct NW, Gig Harbor

Listing courtesy of PRO RLTYSRVCS Eastside.

$199,999

2261777 MLS ⋅ ACTIVE Status

PRICED TO SELL – RARE SINGLE LOT OPPORTUNITY! After 10 years on the market, the seller is highly motivated and ready to liquidate this prime parcel. Previously held at top dollar, the owner’s change in plans creates an excellent opportunity for a builder or homeowner. DEVELOPMENT HIGHLIGHTS: Prime Waterfront Community: Located in an exclusive Belmar 2 gated community with beach access and stunning water views. Affordable Utilities: Water hookup cost is highly economical — estimated at just $651.90. This lot has a 19' height restrictions in place to protect neighboring ocean views. Additional Parcels Available: The parcel directly next door is also available (MLS# 2261780).This two lot also has a 19' height restrictions in place to protect neighboring ocean views. Two separate parcels directly across the street are also available (MLS# 2261783 & 2261785). These two lots have no height restrictions Some groundwork has been completed for a smoother development process. Whether you acquire just this lot or combine multiple parcels for a larger estate or compound, this is a fantastic opportunity. The seller’s change of plans is your gain. Hurry before this rare opportunity is gone!

12609 101ST Avenue Ct NW, Gig Harbor

Listing courtesy of PRO RLTYSRVCS Eastside.

$199,999

2261780 MLS ⋅ ACTIVE Status

PRICED TO SELL – RARE SINGLE LOT OPPORTUNITY! After 10 years on the market, the seller is highly motivated and ready to liquidate this prime parcel. Previously held at top dollar, the owner’s change in plans creates an excellent opportunity for a builder or homeowner. DEVELOPMENT HIGHLIGHTS: Prime Waterfront Community: Located in an exclusive Belmar 2 gated community with beach access and stunning water views. Affordable Utilities: Water hookup cost is highly economical — estimated at just $651.90. This lot has a 19' height restrictions in place to protect neighboring ocean views. Additional Parcels Available: The parcel directly next door is also available (MLS# 2261777).This two lot also has a 19' height restrictions in place to protect neighboring ocean views. Two separate parcels directly across the street are also available (MLS# 2261783 & 2261785). These two lots have no height restrictions Some groundwork has been completed for a smoother development process. Whether you acquire just this lot or combine multiple parcels for a larger estate or compound, this is a fantastic opportunity. The seller’s change of plans is your gain. Hurry before this rare opportunity is gone!

12615 101st Avenue Ct NW, Gig Harbor

Listing courtesy of PRO RLTYSRVCS Eastside.

$299,999

2261785 MLS ⋅ ACTIVE Status

PRICED TO SELL – RARE SINGLE LOT OPPORTUNITY! After 10 years on the market, the seller is highly motivated and ready to liquidate this prime parcel. Previously held at top dollar, the owner’s change in plans creates an excellent opportunity for a builder or homeowner. DEVELOPMENT HIGHLIGHTS: Prior Approvals Available: This lot previously had architectural designs and septic plans approved, offering a clear roadmap for fast re-approval and construction. Prime Waterfront Community: Located in an exclusive Belmar 2 gated community with beach access and stunning water views. Affordable Utilities: Water hookup cost is highly economical — estimated at just $651.90. Additional Parcels Available: The parcel directly next door is also available (MLS# 2261783). Two separate parcels directly across the street are available (MLS# 2261780 & 2261777). These two lots have height restrictions in place to protect neighboring ocean views. Some groundwork has been completed for a smoother development process. Whether you acquire just this lot or combine multiple parcels for a larger estate or compound, this is a fantastic opportunity. The seller’s change of plans is your gain. Bring your best offer today before these rare opportunities are gone!

12608 101st Avenue Ct NW, Gig Harbor

Listing courtesy of PRO RLTYSRVCS Eastside.

Start Your Search

Based on information submitted to the MLS GRID as of . 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.
IDX information is provided exclusively for consumers’ personal noncommercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.