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    • Listed by: Paramount Real Estate Group • Joshua Friedman
    Bought with: KINEX Commercial, Inc.
    $2,289,000

    540 3rd Avenue, Fox Island, WA 98333

    2beds
    2,054sqft
    Single Family Residence
    Built in 2003
    0.63 Acres Lot
    $2,283,200 Zestimate®
    $1,114/sqft
    $3,849 Estimated rent

    Home value

    $2,283,200

    $2.17M - $2.42M

    $3,849/mo

    Zestimate® history
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    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Joshua Friedman,

    Paramount Real Estate Group,

    Dena Skodinski,

    Paramount Real Estate Group

    Bought with:

    Christian Jensen Trandum, 94538

    KINEX Commercial, Inc.

    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
    Den office
    • Level: Garage
    Dining room
    • Level: Main
    Entry hall
    • 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

    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: $1,801,500
    • Annual tax amount: $16,509
    • Date on market: 8/2/2026
    • Cumulative days on market: 7 days
    • Listing terms: Conventional
    • Inclusions: Dishwasher(s), Double Oven, Dryer(s), Leased Equipment, Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)

    Price history

    DateEventPrice
    7/9/2026Sold$2,289,000$1,114/sqft
    Source: NWMLS as distributed by MLS GRID #2523538 Report a problem
    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
    2025$16,510 +5.3%$1,801,500 +7%
    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

    Neighborhood: 98333

    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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    Estimated market value
    $2,283,200
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,283,200

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