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 urban convenience, making it an ideal place for families, young professionals, and retirees alike.

Parkwood is renowned for its lush green spaces and beautifully manicured parks, providing residents with ample opportunities for outdoor activities. The neighborhood boasts a variety of walking trails, playgrounds, and picnic areas, perfect for family gatherings or a peaceful afternoon stroll. The sense of community here is palpable, with friendly neighbors who take pride in their surroundings and engage in local events throughout the year.

For those who appreciate a vibrant local scene, Parkwood is just a short drive from bustling downtown areas, where you can find a delightful mix of restaurants, cafes, and boutique shops. Whether you’re in the mood for a cozy coffee shop or a trendy dining experience, you won’t have to venture far to satisfy your cravings.

Education is a top priority in Parkwood, with highly-rated schools and educational programs that cater to children of all ages. Families can feel confident knowing their children are receiving a quality education in a supportive environment.

With its welcoming atmosphere, picturesque surroundings, and convenient access to urban amenities, Parkwood is more than just a neighborhood; it’s a community where you can truly feel at home. Whether you’re looking to buy your first home or seeking a peaceful retreat, Parkwood invites you to discover the lifestyle you’ve always dreamed of. Come and explore all that this enchanting neighborhood has to offer!

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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Based on information submitted to the MLS GRID as of . 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.
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