Parkwood Real Estate

Parkwood Real Estate

Welcome to Parkwood, a hidden gem nestled in the heart of Washington State. This charming neighborhood is a delightful blend of natural beauty and suburban convenience, making it an ideal place for families, young professionals, and retirees alike.

Parkwood is characterized by its lush greenery, with tree-lined streets and well-maintained parks that invite residents to enjoy the great outdoors. The nearby parks offer ample recreational opportunities, from leisurely strolls and picnics to playgrounds and sports facilities, ensuring that residents can embrace an active lifestyle while surrounded by nature.

The community is known for its friendly atmosphere and strong sense of camaraderie. Neighbors often gather for seasonal events, fostering connections that make Parkwood feel like home. The local schools are highly regarded, providing quality education and a nurturing environment for children to thrive.

Convenience is key in Parkwood, with a variety of shopping and dining options just a short drive away. Whether you're in the mood for a cozy café, a trendy bistro, or a family-friendly eatery, you'll find something to satisfy your cravings. Additionally, the neighborhood is well-connected to major highways and public transportation, making commuting to nearby cities a breeze.

For those who appreciate a vibrant community with a tranquil backdrop, Parkwood offers the perfect balance. With its picturesque surroundings, welcoming residents, and convenient amenities, it’s no wonder that so many choose to call Parkwood home. Discover the charm of this neighborhood and see why it’s the perfect place to plant your roots in Washington!

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.

$440,000
3 Beds ⋅ 2 Baths ⋅ 2546344 MLS ⋅ ACTIVE Status
Enjoy the perfect blend of privacy, functionality, and outdoor living in this beautifully updated home! Entertain with ease on the sizable, freshly re-stained deck overlooking a large, sunny, partially fenced yard. The private gazebo is ready for a hot tub, outdoor lounge, or additional entertaining space. RV enthusiasts will appreciate the large RV carport and whole-home generator transfer switch for added peace of mind. Inside, you’ll find new laminate flooring, fresh paint, and a recently rebuilt HVAC system. Connected to sewer and conveniently located just a short distance from schools, this property offers comfort, convenience, and plenty of room to enjoy both indoors and out. Plus, the home is located just over 10 minutes from the Southworth ferry, making commuting and access to Seattle and surrounding areas a breeze, and only about 15 minutes from the Naval Base Kitsap, making it an excellent option for military personnel and commuters alike. With its separate entrance, the existing den area offers exciting potential—by adding a kitchenette and modest bathroom, the space could easily function as a private mother-in-law suite or attached ADU (buyer to verify feasibility and permitting requirements).

2614 White Cedar Drive SE, Port Orchard

Listing courtesy of WRE Brokerage.

$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.

$750,000
3 Beds ⋅ 2 Baths ⋅ 2524551 MLS ⋅ ACTIVE Status
This exceptional 4.04-acre hobby farm and horse property offers peaceful country living with modern updates. Located on a fully fenced and cross-fenced parcel with partial water views, this turnkey property features excellent horse facilities and is ready for horses, livestock, or your enjoyment. The charming ranch-style home includes 3 bedrooms, 1.5 bathrooms, and a two-car detached garage. Inside, you’ll enjoy new wood flooring, updated carpet and appliances, and a cozy pellet stove. The finished basement makes a great craft room or family space. A brand-new 40-year roof covers the home, and a new bronze polycarbonate roof shelters the large deck with built-in fire pit and hot tub. Outside, the property includes an orchard with 18 fruit trees, raised garden beds, a greenhouse, and a picturesque pond fed by a year-round creek. The horse facilities feature multiple barns with hay storage, a 50-foot round pen, and covered feeding areas, along with summer irrigation. The 4.04 acres are already subdivided into 4 parcels with no restrictions and strong ADU potential. Recently appraised at $775,000 with a pre-inspection report available. A rare opportunity to own a functional hobby farm with excellent horse facilities in a fantastic location. Pre-inspected for peace of mind!

62 Roupe Road, Sequim

Listing courtesy of COMPASS.

$174,950
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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