Charming mid-century Raft Island retreat with 80 feet of coveted low-bank waterfront, literally at the water’s edge. A wall of windows captures all the action on the Sound, framed by sweeping Olympic Mountain views and nightly sunsets. The thoughtfully updated kitchen flows into a cozy family room with tongue-and-groove wood walls and ceilings, adding to the coastal vibe. With 2 bedrooms, expansive entertaining deck, and a boat house perfect for kayaks or paddleboards, this darling cottage combines timeless character with modern updates. Large shed and ample parking complete this rare waterfront find. Raft Island community Features include two parks, and the athletic court has pickleball as well as tennis courts.
Sold
Listed by: Windermere Prof Partners • Nancy Forsythe
Bought with: Windermere Prof Partners
$1,050,000
115 Alder Drive NW, Gig Harbor, WA 98335
2beds
1,083sqft
Single Family Residence
Built in 1960
0.33 Acres Lot
$1,045,400 Zestimate®
$970/sqft
$2,378 Estimated rent
Home value
$1,045,400
$993,000 - $1.11M
$2,378/mo
Zestimate® history
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List your homeWhat's special
Boat houseNightly sunsetsUpdated kitchenSweeping olympic mountain viewsCozy family roomWall of windowsLow-bank waterfront
Zillow last checked:
Listing updated:
Listed by:
Nancy Forsythe,
Windermere Prof Partners,
Victoria Burgess,
Windermere Prof Partners
Bought with:
Nancy Forsythe, 82937
Windermere Prof Partners
Victoria Burgess, 5295
Windermere Prof Partners
Source: NWMLS as distributed by MLS GRID,MLS#: 2444672
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 2
Primary bedroom
- Level: Main
Bedroom
- Level: Main
Bathroom full
- Level: Main
Bathroom three quarter
- Level: Main
Dining room
- Level: Main
Entry hall
- Level: Main
Family room
- Level: Main
Great room
- Level: Main
Kitchen with eating space
- Level: Main
Utility room
- Level: Main
Heating
- Fireplace, Wall Furnace, Electric
Cooling
- None
Appliances
- Included: Dishwasher, Dryer, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: Laundry Room
Features
- Flooring: Bamboo/Cork, Vinyl, Carpet
- Basement: None
- Number of fireplaces: 1
- Fireplace features: Gas, Main Level: 1, Fireplace
Interior area
- Total structure area: 1,083
- Total interior livable area: 1,083 sqft
Property
Parking
- Parking features: Driveway, RV Parking
Features
- Levels: One and One Half
- Stories: 1
- Entry location: Main
- Patio & porch: Fireplace, Vaulted Ceiling(s), Water Heater
- Has view: Yes
- View description: Bay, Mountain(s), Sound
- Has water view: Yes
- Water view: Bay,Sound
- Waterfront features: Low Bank, Bulkhead, Saltwater, Sound
- Frontage length: Waterfront Ft: 80
Lot
- Size: 0.33 Acres
- Features: Dead End Street, Paved, Boat House, Cable TV, Deck, Gas Available, High Speed Internet, Outbuildings, RV Parking
- Topography: Level,Partial Slope,Sloped,Terraces
- Residential vegetation: Garden Space
Details
- Parcel number: 4995000760
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: 1 1/2 Story
- Property subtype: Single Family Residence
Materials
- Wood Siding
- Roof: Torch Down
Condition
- Year built: 1960
- Major remodel year: 1984
Utilities & green energy
- Electric: Company: Peninsula Light
- Sewer: Septic Tank, Company: Septic
- Water: Public, Company: Washington Water
- Utilities for property: Xfinity
Community & HOA
Community
- Features: Athletic Court, Boat Launch, Park
- Subdivision: Raft Island
HOA
- Services included: Common Area Maintenance, Road Maintenance
- HOA fee: $200 monthly
- HOA phone: 253-985-3812
Location
- Region: Gig Harbor
Financial & listing details
- Price per square foot: $970/sqft
- Tax assessed value: $1,200,100
- Annual tax amount: $11,217
- Date on market: 4/24/2026
- Cumulative days on market: 89 days
- Listing terms: Conventional
- Inclusions: Dishwasher(s), Dryer(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
- Total actual rent: 3300
- Road surface type: Dirt
Price history
| Date | Event | Price |
|---|---|---|
| 6/18/2026 | Sold | $1,050,000-12.5%$970/sqft |
Source:  NWMLS as distributed by MLS GRID #2444672 Report a problem | ||
| 1/25/2026 | Pending sale | $1,200,000$1,108/sqft |
Source: NWMLS as distributed by MLS GRID #2444672 Report a problem | ||
| 10/31/2025 | Listed for sale | $1,200,000$1,108/sqft |
Source: NWMLS as distributed by MLS GRID #2444672 Report a problem | ||
| 3/13/2018 | Listing removed | $2,650$2/sqft |
Source: Abigail's Vacation Rentals & Concierge Services Report a problem | ||
| 2/20/2018 | Price change | $2,650-8.6%$2/sqft |
Source: Abigail's Vacation Rentals & Concierge Services Report a problem | ||
| 1/29/2018 | Price change | $2,900-6.5%$3/sqft |
Source: Abigail's Vacation Rentals & Concierge Services Report a problem | ||
| 1/12/2018 | Listed for rent | $3,100+17%$3/sqft |
Source: Abigail's Vacation Rentals & Concierge Services Report a problem | ||
| 10/30/2017 | Listing removed | $2,650$2/sqft |
Source: Abigail's Vacation Rentals & Concierge Services Report a problem | ||
| 10/9/2017 | Listed for rent | $2,650$2/sqft |
Source: Zillow Rental Manager Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $11,217 +9.5% | $1,200,100 +11.1% |
| 2023 | $10,243 +7.7% | $1,079,800 +1.4% |
| 2022 | $9,508 +30.3% | $1,065,100 +46.4% |
| 2021 | $7,294 +11.2% | $727,500 +12.4% |
| 2019 | $6,561 -7.6% | $647,000 +5.9% |
| 2018 | $7,103 +22.6% | $611,100 +1% |
| 2017 | $5,794 +20.1% | $605,200 +22% |
| 2016 | $4,826 | $496,200 +25.1% |
| 2014 | $4,826 -13.9% | $396,700 -11.4% |
| 2013 | $5,605 | $447,500 -1.3% |
| 2012 | -- | $453,200 -18.9% |
| 2011 | -- | $558,500 -13.9% |
| 2010 | -- | $648,800 |
Find assessor info on the county website
Neighborhood: 98335
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Nearby schools
GreatSchools rating
- 8/10Voyager Elementary SchoolGrades: K-5Distance: 1.1 mi
- 9/10Kopachuck Middle SchoolGrades: 6-8Distance: 1.7 mi
- 9/10Gig Harbor High SchoolGrades: 9-12Distance: 3.1 mi
Schools provided by the listing agent
- Elementary: Voyager Elem
- Middle: Kopachuck Mid
- High: Gig Harbor High
Source: NWMLS as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$1,045,400
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Estimated market value
$1,045,400
- Washington
- Pierce County
- Gig Harbor
- 98335
- 115 Alder Drive NW
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