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Waterfront Residential Land Parcel
For Sale
$289,000

54 Raft Island Drive Nw, Gig Harbor, WA 98335

Vacant waterfront lot on Raft Island with two community beaches and a boat launch, plus approved septic design documents.

Property SizeContact for details
Days on Market77

Property Features for 54 Raft Island Drive Nw

General Information

Standard status Active
Property subtype Land

Taxes and HOA fees

Annual Taxes $571

Amenities

community beaches
boat launch
dock
park
kayak racks
pickleball/tennis courts
Listing Agency: PropertiesNW of Gig Harbor Ltd
Listed By: Kristi Swenson
Source: Exprealty
Added: Jun 27 Changed: Aug 21 Last Checked: Sep 11 at 5:36PM

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 PropertiesNW of Gig Harbor Ltd

Investment Insights

Based on property information with market context.

This is one of the last remaining vacant lots on Raft Island, offering a waterfront setting in the South Puget Sound. Community amenities include two community beaches, a boat launch, dock, park, kayak racks, and pickleball/tennis courts.

The groundwork for development is already underway, with an approved 3-bedroom septic design, a topographic survey, a certificate of water availability, and an approved geotechnical assessment. Preliminary architectural plans are also available.

The property is presented for sale and is offered with the documentation needed to support early planning and site development for a future build.

Key Highlights

  • Vacant waterfront lot on Raft Island in the South Puget Sound
  • Raft Island community amenities include two community beaches and a boat launch
  • Includes dock, park, kayak racks, and pickleball/tennis courts

Property Analytics

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Current Use

Waterfront Land

Suggested Use

Top Pick HVAC Service Spa & Massage Center Grocery & Convenience Store Food Market Hotel & Motel

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

14
Businesses Nearby

Demographics for 98335, WA

27,307
Population
11,457
Households
2.4
Avg Household Size
47
Median Age
52%
College-Educated
97%
High-School Grad
22.1 sq mi
ZIP Area
1,236
Density / Sq Mi
$130,304
Median Household Income
$65,089
Median Earnings
$1,971
Median Rent
$736,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Vacant waterfront lot on Raft Island with two community beaches and a boat launch, plus approved septic design documents.
Where is this waterfront land located?
The property is located at 54 Raft Island Drive Nw Gig Harbor, WA.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Vacant waterfront lot on Raft Island in the South Puget Sound; Raft Island community amenities include two community beaches and a boat launch; Includes dock, park, kayak racks, and pickleball/tennis courts
More about this property
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