12006 Key Peninsula Highway NW, Gig Harbor, WA 98329 - Photo 1

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$425,000 -$60,000 (-12.37%) Price Reduced

For Sale
Active
Land Residential
4.69 Acres
Updated 5 days ago

Listed by Janna Jopp | Kelly Right RE of Seattle LLC | (206) 525-5235

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Property Description

Hard to find mostly level 4.96 acres on Key Peninsula Highway NW just minutes from Gig Harbor and Highway 16. Fantastic investment opportunity for a contractor's yard, agriculture-based business or a beautiful homesite. This site was originally being developed into a church and has storm water and hydrants in place. Water service is currently on site with easy access to power at the street. The drain field easement is on an adjoining parcel. Highway frontage and a large gravel parking lot and circular driveway is already in place. It is currently being used by a business to park their semi tractor/trailers.

Full Property Details

Full Property Details for 12006 Key Peninsula Hwy NW

General

Price: $425,000
Taxes: (2026)
Status: Active
Type: Land Residential
Source: NWMLS
MLS ID: 2532374
Updated: 8/18/2026
Added to Site: 87 day(s) ago

Additional Information

Improvements: Driveway

Location

Area: 4 - Key Peninsula South
County: Pierce
Subdivision: Key Peninsula South
Driving Directions: Driving south on the Key Peninsula Highway, the property is located on the right.

School Information

High School District: Peninsula

Utilities

Water: On Property
Utility Description: Electricity Available

Structural Information

Structure Type: None

Lot Features

Lot Size (Acres): 4.69
Lot Size (Sq. Ft.): 204,296
Lot Size Source: Pierce County
Street/Road Desc.: County Right of Way
Topography: Level, Rolling
Lot Features: Paved

Financial Considerations

Tax Year: 2026
Terms: Cash, Conventional, Farm Home Loan

Disclosures and Reports

Special Conditions: None
Property ID: 122305037

Listed by Janna Jopp | Kelly Right RE of Seattle LLC | (206) 525-5235

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Schools

Schools serving 12006 Key Peninsula Hwy NW

School District:Peninsula School District

Name	Grades	Distance
Vaughn Elementary School 17521 Hall Road Northwest, Vaughn, WA 98394	PK-5	2.8 mi
Artondale Elementary School 6219 40th Street Northwest, Gig Harbor, WA 98335	PK-5	6.9 mi
Evergreen Elementary School, Lakebay, WA 1820 Key Peninsula Hwy KPS, Lakebay, WA 98349	PK-5	9.1 mi
Key Peninsula Middle School 5510 Key Peninsula Hwy N, Lakebay, WA 98349	6-8	4.5 mi
Peninsula High School 14105 Purdy Drive, Gig Harbor, WA 98332	9-12	4.8 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 12006 Key Peninsula Hwy NW Get Price Alerts and Save Property

Date

Details

Price

Change

Source

8/18/2026

Price Reduced

$425,000

-12.37%

MLS

5/29/2026

Listed

$485,000

385%

MLS

12/12/2017

Sold

$100,000

—

Public Record

Get Price Alerts and Save Property

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History

Tax History for 12006 Key Peninsula Hwy NW

Year

Property Taxes

Change

Tax Assessment

Change

2025

$1,820

—

$194,300

-5%

2025

$1,820

-12%

$204,300

-11%

2024

$2,061

11%

$229,800

2023

$1,856

-42%

$215,400

34%

2022

$3,225

145%

$160,200

32%

2021

$1,314

26%

$121,500

34%

2020

$1,039

-50%

$90,900

14%

2018

$2,085

—

$79,400

-55%

2018

$2,085

$178,100

—

2017

$2,042

-6%

$178,100

—

2016

$2,165

-2%

$178,100

—

2015

$2,199

-3%

$178,100

—

2014

$2,261

—

$178,100

—

View All

Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost

Estimate the Cost for 12006 Key Peninsula Hwy NW

12006 Key Peninsula Highway NW, Gig Harbor, WA 98329 (MLS# 2532374) is a Land Residential property with a lot size of 4.69 acres. 12006 Key Peninsula Highway NW is currently listed for $425,000 and was received on May 29, 2026. Want to learn more about 12006 Key Peninsula Highway NW? Do you have questions about finding other Land Residential real estate for sale in Gig Harbor? You can browse all Gig Harbor real estate or contact a Coldwell Banker agent to request more information.

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12006 Key Peninsula Hwy NW Gig Harbor, WA 98329