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$1,295,000
10 Beds ⋅ 5 Baths ⋅ 2586393 MLS ⋅ ACTIVE Status
Rare Vashon investment and development opportunity! This established 5-unit multifamily property offers immediate income with future upside. The versatile mix includes a studio, two 2BR/1BA and two 3BR/1BA apartments with a history of strong occupancy. Current rents have intentionally been maintained below estimated fair-market levels, offering potential for increased rental income over time. Most units include a private washer & dryer and four units include fireplaces. The building has a newly installed roof, a significant infrastructure upgrade. The .75-acre R12-zoned parcel includes 6 water shares—an exceptional asset for future possibilities. Even more compelling, two contiguous R12SO-zoned parcels are also available, together offering 6 additional water shares. Acquisition of all three properties creates a rare assemblage opportunity with 12 total water shares, existing multifamily income and significant potential for a larger development vision. Explore the possibilities while benefiting from income already in place. Buyer to verify zoning, water availability, development potential and all intended uses. Please respect tenant privacy; no interior access without confirmed appointment.

17416 97th Avenue SW, Vashon

Listing Broker: COMPASS; Connie Sorensen; 206-819-7669; connie.sorensen@compass.com

$1,485,000
3 Beds ⋅ 3 Baths ⋅ 2584791 MLS ⋅ ACTIVE Status
An in-town Gig Harbor showstopper with stunning water views from every level. Windows throughout the home frame living galleries of open skies, breathtaking sunrises, sunsets & Sound views. This custom-built home reflects a high level of care & quality you feel immediately. Beautiful hardwood floors, refined lighting, designer finishes with layers of upgrades. A custom chef-inspired kitchen, fully remodeled in 2021, features a quartzite island & countertops, a Wolf gas cooktop, high-end appliances, and finishes. A separate dining room offers an inviting place to host, while a dedicated office w/ built-ins adds character & purpose. The kitchen & main living spaces open to the wraparound deck, where beautiful Sound views become part of everyday life. The primary suite offers a private escape w/ gas fireplace, five-piece en-suite bath, walk-in closet & balcony access overlooking the water. Upstairs living space adds flexibility for media, lounging, or entertaining. Intentionally designed & beautifully mature grounds provide a breathtaking setting from every angle, w/ year-round beauty & privacy that feel like an extension of the home. An oversized three-car garage adds substantial storage & function. Everything that makes Gig Harbor special is remarkably close. Walk to downtown, waterfront, uptown, dining & shops, w/ HWY 16 just three minutes away. Sound views, privacy, walkability & no HOA come together in a rare combination of elevated lifestyle and convenience.

2807 64th Street, Gig Harbor

Listing Broker: John L. Scott, Inc.; Rebecca McClain; 253-820-1694; rebecca@rebeccamcclain.org

$375,000
3 Beds ⋅ 2 Baths ⋅ 2573178 MLS ⋅ ACTIVE Status
Great downtown location. This home is ready to be brought back to it's former glory... Or tear it down and build to suit. Large lot is zoned Mixed Use Town Center. Make this your next fix and flip project. Plenty of room for a couple ADUs as well if you choose to keep it as a single family. Buyer to verify any uses with the city of Orting.

111 Calistoga Street E, Orting

Listing Broker: The Real Estate Firm; Jenn Rees; ;

$2,895,000
4 Beds ⋅ 3 Baths ⋅ 2542103 MLS ⋅ ACTIVE Status
A once-in-a-lifetime opportunity in the heart of downtown Gig Harbor. This ultimate waterfront estate is a true boat mechanic and maritime enthusiast’s dream, held by its original owner since 1959. The property boasts 75 feet of premium, low-bank waterfront paired with an exceptional maritime setup: a massive 155-foot dock, a 384 sq ft boathouse, and an expansive 795 sq ft detached garage fully equipped with hoist systems. Two additional detached sheds offer the perfect footprint for creative office spaces, workshops, or greenhouses. The main residence is thoughtfully designed with two completely separate living spaces, ideal for multi-generational living or an income-producing layout: Main Level: Features breathtaking, panoramic views of downtown Gig Harbor, a dedicated den/office, an additional guest bedroom, and a primary ensuite complete with a slider opening directly to the viewing deck. Daylight Lower Level: A fully independent walkout mother-in-law setup featuring a second full kitchen, two additional spacious bedrooms, and its own private entrance. As an incredible bonus, a classic 1967 Reinell Runabout boat is included with the sale. Bring your vision to this unparalleled waterfront diamond and inherit instant equity in one of the Pacific Northwest's most coveted harbor towns. Buyer to investigate to their full satisfaction.

8920 Randall Dr NW, Gig Harbor

Listing Broker: Windermere RE West Campus Inc; Kari Roberts; 253-222-5235; kari@kariroberts.com

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.
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