Fox Island, WA

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

Performance indicators for the Fox Island short-term rental market based on reliable data.

Listings

22 / 33

Reliable / Active

Cap Rate

3%

Middle-Earners Gross Yield

Revenue

$31,259

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$1,074,492

Median Home Sale Price

Top Earners

$68,968

Top-Earners Revenue

Fox Island

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Fox Island.

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B

Generally Investor friendly

Fox Island Regulations

STRs are explicitly allowed in most areas and permitted outright if standards are met; the process is a simple affidavit and standard business licensing with good‑neighbor rules rather than complex permitting. Operational caps (5 rooms, 10 guests) are clear and generally manageable for investors, and enforcement appears supportive with tracking rather than hostile.

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About Fox Island

Fox Island is a small, unincorporated community situated on an island of the same name in Pierce County, Washington, in the southern reaches of Puget Sound. With a population of roughly 3,500 residents, it has the feel of a quiet, residential retreat where waterfront living, evergreen views, and a tight-knit community define daily life. The island is best known for its scenic shoreline, its sweeping vistas of Mount Rainier and the surrounding inlets, and its reputation as a peaceful residential enclave within easy reach of larger South Sound hubs. It lies approximately ten miles northwest of Tacoma, the nearest major city, and is connected to the mainland by a bridge that links it to the Gig Harbor peninsula.

Just across the bridge from Fox Island lies Gig Harbor, a charming waterfront town that serves as the closest gateway for shopping, dining, and maritime culture. The harbor is lined with galleries, seafood restaurants, and a working fishing fleet, and the town's picturesque downtown draws visitors year-round. Drive time from Fox Island to downtown Gig Harbor is only about ten minutes, making it an easy day trip for renters looking to explore beyond the island.

A short drive southeast of Fox Island brings visitors to Point Defiance Park, one of the largest urban parks in the United States, encompassing old-growth forest, saltwater shoreline, and a network of gardens and trails. Within the park, the Point Defiance Zoo & Aquarium, the rose garden, and Owen Beach are marquee draws, and the property's elevated lookouts offer postcard views of the Tacoma Narrows and the Olympic Mountains. From Fox Island, the park is roughly twenty to twenty-five minutes by car.

Further afield, Mount Rainier National Park anchors the region as one of the Pacific Northwest's most iconic destinations. The park's wildflower meadows, glaciers, and hiking trails attract visitors from around the world, with the Paradise and Sunrise areas being among the most popular entry points. From Fox Island, drive time to the park's Nisqually entrance is approximately ninety minutes to two hours, depending on traffic and season, making it a feasible day trip or overnight excursion for vacationers based on the island.

Fox Island's appeal as a base for short-term rentals lies in this balance: a tranquil, view-rich island setting paired with quick access to Gig Harbor's small-town charm, Tacoma's urban attractions and expansive waterfront park, and some of Washington's most celebrated natural wonders. For travelers seeking a quieter alternative to busier Puget Sound destinations, it offers the rare combination of seclusion and convenience.

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