Parkwood Real Estate

Parkwood Real Estate

Welcome to Parkwood, a hidden gem nestled in the heart of Washington State! This charming neighborhood offers a perfect blend of suburban tranquility and vibrant community life, making it an ideal place for families, professionals, and retirees alike.

Parkwood is known for its lush green spaces and picturesque tree-lined streets, creating a serene atmosphere that invites leisurely strolls and outdoor activities. The neighborhood boasts several parks, including the popular Parkwood Community Park, which features playgrounds, sports fields, and picnic areas, perfect for weekend gatherings with friends and family.

One of the standout features of Parkwood is its strong sense of community. Residents take pride in their neighborhood, often coming together for local events and seasonal celebrations. The Parkwood Community Center serves as a hub for various activities, offering classes, workshops, and social gatherings that foster connections among neighbors.

Convenience is another highlight of living in Parkwood. With easy access to major highways, commuting to nearby cities like Seattle and Tacoma is a breeze. Additionally, the neighborhood is home to a variety of local shops, restaurants, and cafes that cater to diverse tastes, ensuring that you have everything you need right at your doorstep.

Education is a top priority in Parkwood, with highly-rated schools that provide quality education and a supportive environment for children to thrive. Families can feel confident knowing their kids are receiving an excellent education while enjoying the benefits of a close-knit community.

In Parkwood, you’ll find not just a place to live, but a place to call home. Embrace the lifestyle that this wonderful neighborhood has to offer, and discover the warmth and charm that make Parkwood truly special!

Newest Listings in Parkwood

$2,450,000
2555010 MLS ⋅ ACTIVE Status
The property sits in one of North Seattle’s fastest-improving rental corridors. The location is further supported by Sound Transit’s new Shoreline South/148th light rail station and direct bus access to downtown Seattle. The offering represents an operational value-add opportunity. The asset is in good physical condition, bolstered by recent capital improvements including a new TPO membrane roof (2023), upgraded electrical panels (2024), and replaced window panes (2025). With the option to upgrade units on turnover and capture premium rents as leases roll, and with scheduled rents below market and no utility bill-back currently in place, a new ownership group can grow income through natural lease turnover, selective unit upgrades, and the implementation of a utility recapture program, meaningfully lifting NOI. At market operations, the offering achieves a 7.4% cap rate and a 9.7% cash-on-cash return, giving new ownership strong performance upside as rents are brought up to market. At just $238 per square foot and $175,000 per door, the property presents an exceptional basis for a 1980s-built asset, well below recent comparable sales in the area. Current in-place rents average $1,205 for the eleven one-bedroom units and $1,617 for the three two-bedroom units, while comparable properties in the area are achieving approximately $1,550 and $1,875.

712 N 143rd Street, Seattle

Listing courtesy of Paragon Real Estate Advisors.

$838,000
4 Beds ⋅ 2 Baths ⋅ 2539213 MLS ⋅ ACTIVE Status
Welcome home to this charming residence on a spacious lot in the highly desirable Parkwood neighborhood of Shoreline! This home offers the perfect blend of privacy, comfort, and convenience. Featuring brand-new roofs, newer windows, and updated lighting, fresh paint inside and out. You will love the bright kitchen with an eating nook. Both east and west facing decks, ideal for enjoying morning coffee or evening sunsets. Set on a large, level lot, the property includes a substantial detached garage/shop, perfect for hobbies, storage, or workspace. Best of all, the home feels very private and quiet while being incredibly convenient. Its an easy walk to grocery stores, restaurants, and shopping. You're also just one block from the interurban trail, plus excellent public transportation options including nearby light rail and bus routes. This move-in ready home is full of potential and perfectly positioned for relaxed North End Living. Don't miss this rare opportunity! Schedule your showing today.

15524 Midvale Avenue N, Shoreline

Listing courtesy of Ridgeline Partners.

$166,202
2 Beds ⋅ 2 Baths ⋅ 2491781 MLS ⋅ ACTIVE Status
Tucked within the sought-after 55+ community of Parkwood, this inviting double-wide offers comfort, convenience, and a peaceful lifestyle in the heart of Olympic Peninsula. Ideally located between Sequim and Port Angeles, residents enjoy quick access to Hwy 101, medical services, shopping, and the natural beauty that draws so many to Sequim. A partial view of the Olympic Mountains adds a scenic backdrop to everyday living.Inside, the home features a spacious layout with two bedrooms and two baths, including a private Primary suite with a walk-in closet and its own bath. The guest bedroom and full bath sit on the opposite end for added privacy. A generous laundry room adds everyday functionality, while the covered breezeway provides a sheltered entry from the garage—complete with a bonus back room perfect for hobbies or extra storage.Outdoor living is easy with low-maintenance landscaping and a cozy patio ideal for morning coffee or small gatherings. Parkwood’s amenities elevate retirement living with walking paths, a clubhouse, community events, and beautifully maintained grounds. This property offers a more manageable, community-oriented option without sacrificing the serene Northwest setting.A welcoming, well-kept home in a friendly neighborhood, offering comfort, community, and the best of the Olympic Peninsula lifestyle.

93 Fircrest Drive, Sequim

Listing courtesy of Ideal Real Estate.

$274,900
2 Beds ⋅ 2 Baths ⋅ 2435683 MLS ⋅ ACTIVE Status
Welcome to your serene retreat in Parkwood Estates, a peaceful 55+ community perfectly situated between Sequim and Port Angeles. This well-maintained triple wide manufactured home boasts an inviting open floor plan accentuated by vaulted ceilings and level flooring throughout. The standout sunroom opens seamlessly onto a spacious back deck, providing an ideal space for entertaining guests or enjoying quiet moments amidst nature. Living here means convenient access to the beloved Sunny Farms Country Store. Whether you’re downsizing or seeking a vibrant community to call your own, this home perfectly blends comfort, style, and accessibility. Explore the unique charm and vibrant lifestyle opportunities that await in Parkwood.

161 Fircrest Drive, Sequim

Listing courtesy of BCR LLC.

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