Waterfront Land with Approved
For Sale
$5,398,000
1157 12th Avenue, Fox Island, WA 98333
Rare 19+ acre waterfront property with development potential.
Property SizeContact for details
Lot Size19.00 Acres
Days on Market127
Property Features for 1157 12th Avenue
General Information
Standard status
Active
Lot size
19.00 Acres
Property subtype
Land or Vacant Lot
Taxes and HOA fees
Annual Taxes
$13,576
Amenities
Garage
Listing Agency:
REALOGICS SOTHEBY'S INT'L RLTY
(425) 658-5300
Listed By:
VAL BURMESTER
Source:
Corcoran
Added: Apr 8
Changed: Aug 8
Last Checked: Jul 16 at 6:15AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of REALOGICS SOTHEBY'S INT'L RLTY
Investment Insights
Based on property information with market context.
This waterfront property spans just over 19 acres and features approximately 130 feet of low bank shoreline. It offers views of Gig Harbor and the Tacoma Narrows Bridge. The property is zoned R-10 and is located adjacent to the Fox Island Yacht Club, providing convenient access to downtown Gig Harbor. Approved builder plans are in place for a custom residence exceeding 6000 square feet, including a pool and outbuildings. Building permits have been renewed through June 2027. The septic system has been dug, and permits are in process for renewal across multiple locations. A feasibility report has been completed. Initial work has begun toward a short plat to create three total parcels, and buyers may continue this process subject to applicable requirements and approvals. Water management improvements direct runoff to a reserve pond and toward the shoreline. Two access points serve the main parcel and potential additional parcels. The property offers flexibility for residential development, with space for gardens, recreational features, and existing fruit trees.
Key Highlights
- 19+ acre waterfront property with 130 ft of low bank shoreline and views of Gig Harbor and Tacoma Narrows Bridge.
- Approved builder plans and renewed building permits** (through June 2027) for a 6000+ sq. ft. residence with pool and outbuildings.
- Zoned R‑10 with potential for development (initial short plat work started for three parcels).
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
20
Businesses Nearby
Explore this area
Business Placement
Demographics for 98333, WA
3,921
Population
1,509
Households
2.6
Avg Household Size
51
Median Age
59%
College-Educated
99%
High-School Grad
5.2 sq mi
ZIP Area
754
Density / Sq Mi
$172,917
Median Household Income
$105,893
Median Earnings
$952,500
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Waterfront Land - Rare 19+ acre waterfront property with development potential.
Where is this waterfront land located?
The property is located at 1157 12th Avenue Fox Island, WA.
What is the asking price?
The asking price for this property is $5,398,000.
What are key features of this property?
This property features: 19+ acre waterfront property with **130 ft of low bank shoreline** and views of Gig Harbor and Tacoma Narrows Bridge.; Approved builder plans and renewed building permits** (through June 2027) for a 6000+ sq. ft. residence with pool and outbuildings.; Zoned R‑10 with potential for development (initial short plat work started for three parcels).
