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.
Property Details
- View
- Bay,Mountains,Partial,Sound,Territorial
- Lot Features
- Adjacent to Public Land, Open Space
- Lot Description
- Adjacent to Public Land, Open Space
- Acres
- 11.2099
- Square Feet
- 0.0
- Property Type
- Purchase
- Style
- 42 - Multi-Family
- Sewer Information
- In Street
- Utility Source
- In Street
- Utility Features
- Electricity Available, Natural Gas Available
- Subdivision
- Gig Harbor North
- School District
- Peninsula
- Elementary School
- Swift Water Elementary
- Middle School
- Harbor Ridge Mid
- High School
- Peninsula High
- County
- Pierce
- Region
- Gig Harbor
- Zoning
- R-2
- Original List Price
- $4,595,000
- Days on Market (Cumulative)
- 59
- Taxes Annual
- $13,988
- HOA Fees
- 0.0
- MLS #
- 2551037
- Property Subtype
- Land
- Parcel Number
- 0122254062
- MLS #
- 2551037
- Date Listed
- July 15, 2026
- Address
- 0 Canterwood Boulevard
Location
Legal
The information contained in this listing has not been verified by Northwest Multiple Listing Service (NWMLS) - WA and should be verified by the buyer.
Based on information submitted to the MLS GRID as of 2026-08-27T16:58:12Z. 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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Provided By
Listed by Cindy Marchand (#NWM111698)
Listing Office: Windermere Prof Partners (#NWM9344)
