Listed by Paramount Real Estate Group
$2,485,000

540 Dreazy Rd Fox Island, WA 98333

Estimated payment $14,340/month

Total Views 5,047
2 Beds
2.5 Baths
2,054 Sq Ft
$1,210 Price per Sq Ft

Highlights

  • Low Bank Waterfront Property
  • Views of a Sound
  • Spa
  • Voyager Elementary School Rated A-
  • Community Boat Launch
  • Fireplace in Primary Bedroom

About This Home

Epitome of waterfront living with panoramic water & mountain views plus year-round sunsets. 165' SW facing shoreline for boating, beach strolls, privacy & relaxation. Modern timber frame design showcases locally sourced VG Fir & river rock blending everyday life with natural beauty. View whales, eagles & sea life or entertain from sprawling waterside decks. Special features include wood-fired pizza oven, gourmet kitchen, steam shower, Murphy Bed, in-floor heating, concrete floors, tram, large garage. 1608 ft2 add'l flex space for work/play includes studio loft above garage with bathroom & kitchenette. 5 miles to Uptown Gig Harbor. Arrive home via stairway or private tram where everyday life meets nature, sun & sea at your beachside resort.

Listing Agent

Joshua Friedman

Paramount Real Estate Group License #129411 Listed on: 10/15/2025

Co-Listing Agent

Dena Skodinski

Paramount Real Estate Group License #109313

Source: Northwest Multiple Listing Service (NWMLS)

MLS#: 2444163

Northwest Multiple Listing Service (NWMLS)

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,684

Year Built

  • Built in 2003

Lot Details

  • 0.63 Acre Lot
  • Low Bank Waterfront Property
  • 165 Feet of Waterfront
  • Home fronts a sound
  • Street terminates at a dead end
  • Southwest Facing Home
  • Level Lot
  • Property is in very good condition

Parking

  • 2 Car Detached Garage
  • Driveway

Property Views

  • Views of a Sound
  • Mountain
  • Territorial

Home Design

  • Contemporary Architecture
  • Poured Concrete
  • Metal Roof

Interior Spaces

  • 2,054 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • 2 Fireplaces
  • Wood Burning Fireplace
  • French Doors
  • Dining Room
  • Finished Basement
  • Natural lighting in basement
  • Storm Windows

Kitchen

  • Walk-In Pantry
  • Double Oven
  • Stove
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Concrete
  • Ceramic Tile

Bedrooms and Bathrooms

  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Bathroom on Main Level

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Spa
  • Bulkhead
  • Deck
  • Patio
  • Outbuilding

Schools

  • Voyager Elementary School
  • Kopachuck Mid Middle School
  • Gig Harbor High School

Utilities

  • Forced Air Heating and Cooling System
  • Heat Pump System
  • Radiant Heating System
  • Propane
  • Water Heater
  • Septic Tank
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 0121353006

Community Details

Overview

  • No Home Owners Association
  • Fox Island Subdivision

Recreation

  • Community Boat Launch

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,684

Year Built

Built in 2003

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • StyleCode: 16 - 1 Story w/Bsmnt.
  • Year Built: 2003
  • Inclusions: Dishwasher(s),Double Oven,Dryer(s),Leased Equipment,Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)
  • MLS Status: Active
  • Prev Status: Active
  • Architectural Style: Northwest Contemporary
  • Unit Levels: One
  • New Construction: No
  • CalculatedSquareFootage: 2054
  • EffectiveYearBuiltSource: Public Records
  • SeniorExemption: false
  • NWM_ExcludedItemsYN: false
  • Special Features: VirtualTour

Interior Features

  • Fireplaces: 2
  • Basement: Daylight, Finished
  • Private Spa: Yes
  • Appliances: Dishwasher(s), Double Oven, Dryer(s), Microwave(s), Refrigerator(s), Stove(s)/Range(s), Washer(s)
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Location: Main
  • Fireplace Features: See Remarks, Wood Burning
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Concrete, Hardwood, Carpet
  • Interior Amenities: Bath Off Primary, Built-In Vacuum, Ceiling Fan(s), Double Pane/Storm Window, Dining Room, Fireplace, Fireplace (Primary Bedroom), French Doors, Skylight(s), Vaulted Ceiling(s), Walk-In Closet(s), Walk-In Pantry, Water Heater, Wet Bar
  • Living Area: 2054
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • BathsFullMain: 0
  • SquareFootageFinished: 2054
  • SquareFootageUnfinished: 0
  • BathsFullLower: 0
  • BathsFullUpper: 0
  • BathsHalfLower: 0
  • BathsHalfMain: 1
  • BathsHalfUpper: 0
  • BathsThreeQuarterLower: 1
  • BathsThreeQuarterMain: 1
  • BathsThreeQuarterUpper: 0
  • BedroomsLower: 1
  • BedroomsUpper: 0
  • AppliancesIncluded: Dishwasher(s),Double Oven,Dryer(s),Microwave(s),Refrigerator(s),Stove(s)/Range(s),Washer(s)

Exterior Features

  • Roof: Metal
  • View: Mountain(s), See Remarks, Sound, Territorial
  • Lot Features: Dead End Street, Paved
  • View: Yes
  • Waterfront Features: Low Bank, Medium Bank, Bulkhead, Saltwater, Sound
  • Waterfront: Yes
  • Construction Type: Concrete
  • Direction Faces: Southwest
  • Exterior Features: Cement/Concrete
  • Foundation Details: Poured Concrete
  • Property Condition: Very Good
  • Structure Type: House
  • BusLineNearby: false
  • WaterfrontFootage: 165
  • WaterAccess: Deeded Access

Garage/Parking

  • Attached Garage: No
  • Carport Y N: No
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Garage Yn: Yes
  • Open Parking: No
  • Parking Features: Driveway, Detached Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: Septic Tank
  • Water Source: Public
  • Cooling: Forced Air, Heat Pump
  • Cooling Y N: Yes
  • Heating: Forced Air, Heat Pump, Radiant
  • Heating Yn: Yes
  • PowerCompany: Peninsula Light
  • SewerCompany: Septic
  • WaterCompany: Fox Island Mutual Water
  • WaterHeaterLocation: Utility Room
  • WaterHeaterType: Electric

Condo/Co-op/Association

  • Community Features: Boat Launch
  • Senior Community: No
  • Association: No

Schools

  • Junior High Dist: Peninsula
  • High School: Gig Harbor High
  • Middle Or Junior School: Kopachuck Mid

Lot Info

  • Parcel Number: 0121353006
  • Topography: Level,Sloped,Terraces
  • Land Lease: No
  • Lot Size Acres: 0.6336
  • Lot Size Sq Ft: 27600
  • Irrigation Water Rights: No
  • ShowMapLink: true
  • SiteFeatures: Cable TV,Deck,High Speed Internet,Hot Tub/Spa,Outbuildings,Patio,Propane
  • MLSLotSizeSource: Public Records
  • ZoningJurisdiction: County

Green Features

  • Power Production Type: Electric, Propane, Wood

Rental Info

  • ShortTermRentalYN: false

Tax Info

  • Year: 2025
  • Tax Annual Amount: 15684

Multi Family

  • EnergySource: Electric,Propane,Wood

MLS Schools

  • Elementary School: Voyager Elem

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,042 $1,801,500 $972,600 $828,900
2024 $14,042 $1,684,100 $924,900 $759,200
2023 $14,042 $1,486,000 $775,700 $710,300
2022 $11,621 $1,567,100 $775,700 $791,400
2021 $12,055 $1,105,100 $590,700 $514,400
2019 $10,341 $1,085,900 $604,200 $481,700
2018 $11,038 $970,700 $565,700 $405,000
2017 $9,600 $947,000 $565,700 $381,300
2016 $8,544 $762,600 $423,300 $339,300
2014 $8,406 $709,800 $384,800 $325,000
2013 $8,406 $727,700 $396,500 $331,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2025 10/15/25 For Sale $2,485,000 -- $1,210 / Sq Ft
Source: Northwest Multiple Listing Service (NWMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $849,719 Chicago Title
Special Warranty Deed $1,303,000 Chicago Title
Gift Deed -- Rainier Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $39,898 Purchase Money Mortgage
Closed $35,000 No Value Available
Source: Public Records

Source: Northwest Multiple Listing Service (NWMLS)

MLS Number: 2444163

Northwest Multiple Listing Service (NWMLS)

APN: 012135-3006

Washington Pierce County Fox Island 98333

540 Dreazy Rd, Fox Island, WA

For Sale

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Northwest Multiple Listing Service (NWMLS) All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided by the Northwest Multiple Listing Service (NWMLS). Property information is based on available data that may include MLS information, county records, and other sources. Listings marked with the 3 tree icon and provided by NWMLS. All properties are subject to prior sale or withdrawal. IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, that the data is deemed reliable but is not guaranteed by MLS GRID. ©2025 NWMLS.
Based on information submitted to the MLS GRID

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Joshua Friedman
Listing Agent
Joshua Friedman
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Paramount Real Estate Group
(253) 447-0194