Canterwood Boulevard, Gig Harbor, WA 98332
- $4,595,000
Listing courtesy of Windermere Prof Partners.
- List Price
- $4,595,000
- Status
- ACTIVE
- MLS#
- 2551037
- Days on Market
- 13
- Lot Size (sq ft)
- 488,306
Property 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.
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Additional Information
- Community
- Gig Harbor North
- Style
- 42 - Multi-Family
- Zoning Jurisdiction
- City
- Restrictions
- Unknown
- Features
- Brush, Evergreens, Lightly Treed
- View
- Bay, Mountains, Partial, Sound, Territorial
- Sewer
- In Street
- Tax Year
- 2026
- School District
- Peninsula
- Elementary School
- Swift Water Elementary
- Middle School
- Harbor Ridge Mid
- High School
- Peninsula High
- Potential Terms
- Cash, Conventional
- Driving Directions
- From Hwy 16 take the Burnham Dr Exit. At the round about take the Canterwood Blvd exit. Property will be on the left side just prior to St Anthony's Hospital.
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