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Pending
  • Listed by: Paramount Real Estate Group • Joshua Friedman
    $2,289,000

    540 3rd Avenue, Fox Island, WA 98333

    2beds
    2,054sqft
    : 
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    Single Family Residence
    Built in 2003
    0.63 Acres Lot
    $2,293,500 Zestimate®
    $1,114/sqft
    $-- HOA

    What's special

    Murphy bedLarge garageRiver rock wallsIn-floor heatingModern timber frame homeSteam showerPrivate funicular
    Spectacular private waterfront haven where stunning architecture meets the sun and sea. This modern timber frame home showcases locally sourced VG Fir beams and cabinetry, river rock walls, and a gourmet chef’s kitchen featuring Dacor appliances and Viking refrigerator,  blending natural beauty with refined design. Arrive home by private funicular or view-drenched stairway to your island-inspired sanctuary featuring 165’ of SW-facing shoreline, panoramic water and mountain views, year-round sunsets, private seaside hot tub, boating, beach strolls, and ultimate privacy. New picture windows and glass doors create a seamless indoor-outdoor connection to sprawling waterside decks perfect for relaxing or entertaining just steps from the beach. Enjoy whale watching, eagles, seals, and abundant sea life from nearly every room. Special features include a wood-fired pizza oven, steam shower, Murphy Bed, in-floor heating, concrete floors, large garage, with 768 sqft of finished attic space with studio loft, bathroom, and kitchenette and an additional 840 sqft of flex space below. Located just five miles from Uptown Gig Harbor and Highway 16, a serene beach lifestyle awaits. Discover a home surrounded by natural beauty and everyday tranquility.
    47 days
    |
    159
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Friedman,

    Paramount Real Estate Group,

    Dena Skodinski,

    Paramount Real Estate Group

    Source: NWMLS as distributed by MLS GRID,MLS#: 2523538MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 3
      • 3/4 bathrooms: 2
      • 1/2 bathrooms: 1
      • Main level bathrooms: 2
      • Main level bedrooms: 1
      Primary bedroom
      • Level: Main
      Bedroom
      • Level: Lower
      Bathroom three quarter
      • Level: Lower
      Bathroom three quarter
      • Level: Main
      Other
      • Level: Main
      Family room
      • Level: Lower
      Kitchen with eating space
      • Level: Main
      Living room
      • Level: Main
      Rec room
      • Level: Garage
      Other
      • Level: Garage
      Utility room
      • Level: Main
      Heating
      • Fireplace, Forced Air, Heat Pump, Radiant, Wall Furnace, Electric, Propane, Wood
      Cooling
      • Forced Air, Heat Pump
      Appliances
      • Included: Dishwasher, Double Oven, Dryer, Microwave, Refrigerator, Stove(s)/Range(s), Washer, Dishwasher(s), Dryer(s), Microwave(s), Refrigerator(s), Washer(s), Water Heater: Electric, Water Heater Location: LL Storage Area
      Features
      • Bath Off Primary, Central Vacuum, Ceiling Fan(s), Dining Room, Pantry
      • Flooring: Concrete, Hardwood, Laminate, Stone, Travertine, Carpet
      • Doors: French Doors
      • Windows: Dbl Pane/Storm Window, Skylight(s)
      • Basement: Daylight,Finished
      • Number of fireplaces: 2
      • Fireplace features: See Remarks, Wood Burning, Lower Level: 1, Main Level: 1, Fireplace
      Interior area
      • Total structure area: 2,054
      • Total interior livable area: 2,054 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Detached Garage
      • Has garage: Yes
      • Covered spaces: 2
      • Uncovered spaces: 2
      Features
      • Levels: One
      • Stories: 1
      • Entry location: Main
      • Patio & porch: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Dbl Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Pantry, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Water Heater, Wet Bar, Wine/Beverage Refrigerator
      • Has spa: Yes
      • Has view: Yes
      • View description: Mountain(s), See Remarks, Sound, Territorial
      • Has water view: Yes
      • Water view: Sound
      • Waterfront features: Low Bank, Medium Bank, Bulkhead, Saltwater, Sound
      • Frontage length: Waterfront Ft: 165
      Lot
      • Size: 0.63 Acres
      • Features: Dead End Street, Paved, Cable TV, Deck, High Speed Internet, Hot Tub/Spa, Outbuildings, Patio, Propane
      • Topography: Level,Sloped,Terraces
      Details
      • Parcel number: 0121353006
      • Zoning description: Jurisdiction: County
      • Special conditions: Standard
      • Other equipment: Leased Equipment: None

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Contemporary,1 Story w/Bsmnt.
      • Property subtype: Single Family Residence
      Materials
      • Stone, Wood Siding
      • Foundation: Poured Concrete, Slab
      • Roof: Metal
      Condition
      • Very Good
      • Year built: 2003
      • Major remodel year: 2006

      Utilities & green energy

      • Electric: Company: Peninsula Light
      • Sewer: Septic Tank, Company: Septic
      • Water: Public, Company: Fox Island Mutual Water
      • Utilities for property: Xfinity, Xfinity

      Community & HOA

      Community
      • Features: Boat Launch
      • Subdivision: Fox Island
      Location
      • Region: Fox Island

      Financial & listing details

      • Price per square foot: $1,114/sqft
      • Tax assessed value: $1,684,100
      • Annual tax amount: $16,509
      • Date on market: 6/4/2026
      • Cumulative days on market: 33 days
      • Listing terms: Conventional
      • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

        Estimated market value

        $2,293,500

        $2.18M - $2.41M

        $3,004/mo

        Price history

        DateEventPrice
        5/26/2026Pending sale$2,289,000$1,114/sqft
        Source: NWMLS as distributed by MLS GRID #2523538 Report a problem
        5/21/2026Listed for sale$2,289,000+169.3%$1,114/sqft
        Source: NWMLS as distributed by MLS GRID #2523538 Report a problem
        6/13/2018Sold$850,000-34.8%$414/sqft
        Source: NWMLS as distributed by MLS GRID #1134178 Report a problem
        11/29/2005Sold$1,303,000$634/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2024$15,684 +11.7%$1,684,100 +13.3%
        2023$14,042 +0.9%$1,486,000 -5.2%
        2022$13,922 +19.8%$1,567,100 +34.2%
        2021$11,621 +12.4%$1,167,400 +7.5%
        2019$10,341 -6.3%$1,085,900 +11.9%
        2018$11,038 +15%$970,700 +2.5%
        2017$9,600 +12.4%$947,000 +24.2%
        2016$8,544 $762,600 +7.4%
        2014$8,544 +1.6%$709,800 -2.5%
        2013$8,406 $727,700 +6.4%
        2012-- $684,200 -7.1%
        2011-- $736,600 -10%
        2010-- $818,200 -14.6%
        2009-- $958,400 -1.5%
        2008$7,811 +0%$973,000 +15.3%
        2007$7,811 +150.8%$843,900 +224.3%
        2002$3,114 +1.6%$260,200 -5.6%
        2001$3,065 $275,500

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 98333

        Getting around

        1 / 100
        Car-Dependent

        Nearby schools

        GreatSchools rating
        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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