$360,000
Est. $1,994/moPrice reduced $40,000 from the original $400,000 asking price
1 bd•1 ba•629 sq ft
550 Elm Way #105, Edmonds, WA 98020
• Listed Sep 10, 2026•28 days active · 28 cumulative
Listing Broker: RE/MAX Elite; Vince M Grant; 425-483-4200; vgrant@remax.net
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Listing Broker: RE/MAX Elite; Vince M Grant; 425-483-4200; vgrant@remax.net
About this home
The fully remodeled 1-bed, 1-bath in the heart of Edmonds Bowl you’ve been waiting for! The thoughtful, high-end execution of this Highlands Park sets it apart from anything else in this price range. A ground-floor unit reimagined from the studs out, the reconfigured layout opens up the kitchen to the main living area, creating a flowing, spacious feel anchored by real hardwood floors and soaring 9-foot ceilings that make every inch feel intentional. The kitchen is a genuine showpiece — updated cabinetry with butcher-block storage, a farmhouse sink, quartz counters with an eating bar, high-end stainless appliances including a downdraft range, and carefully curated task and pendant lighting that elevates the whole space. The bedroom is large enough for a king-size bed with room to spare, featuring brand new carpet, and a beautifully designed bathroom features dual vessel sinks and creative storage solutions that prove smart design beats square footage every time. A stackable W/D tucked neatly behind a sliding door, a private patio accessed through sliders, a dedicated storage unit, and an assigned parking space round out a package that simply has no wasted space. The community pool adds a resort-like touch, and with all of downtown Edmonds' shops, restaurants, waterfront, and ferry just minutes away, the lifestyle this address affords is hard to match at any price. All HOA docs available in listing.
Listed by Vince M Grant • RE/MAX Elite
Listing updated: October 1, 2026 at 10:42am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2580345
Around this home
How much should you offer?
550 Elm Way #105, Edmonds, WA 98020
Source:RexMont analysis of Northwest MLS sales data for this ZIP code plus third-party market data (RentCast). The estimates are RexMont's, not Northwest MLS listing data.
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Property details
Interior features
- Cooking-Electric
- Dryer-Electric
- End Unit
- Ground Floor
- Soaking Tub
- Washer
- Water Heater
Kitchen
- Dishwasher
- Disposal
- Dryer
- Refrigerator
- Stove(s)/Range(s)
- Washer
Bedrooms
- 1 bedroom total
- 1 on the main level
Bathrooms
- 1 full bathroom
- 1 on the main level
Layout
- Condo (1 Level)
- Remodeled / updated: true
Laundry
- Electric Dryer Hookup laundry
- Washer Hookup laundry
Flooring
- Hardwood
- Carpet
Heating & cooling
- Radiant heating
- None cooling
Condominium facts
As entered by the listing broker on Northwest MLS
Building & HOA
- Building
- Highland Park
- Floor of unit
- 1
- Units in building
- 74
- Stories in building
- 4
- FHA-approved project
- Yes
- Co-op
- No
- Common interest community
- No
- HOA dues
- $439
- Dues frequency
- Monthly
- Dues include
- Cable TV, Common Area Maintenance, Internet, Lawn Service, Sewer, Snow Removal, Trash, Water
- Special assessment
- false
- Other dues or fees
- No
- Association contact
- Highland Park Owners Association
- First right of refusal
- No
Rules
- Rental cap
- No Rental Cap
- Short-term rentals allowed
- No
- Pets
- Subject to Restrictions
- 55+ community
- No
Unit
- Assigned parking
- 1
- Parking space numbers
- 65
- Storage location
- Garage
- Storage number
- 39
- Unit features
- Balcony/Deck/Patio,End Unit,Ground Floor,Jetted/Soaking Tub
- Common property features
- Cable TV,Elevator,Game/Rec Rm,Laundry Room,Lobby Entrance,Pool-Outdoor
- Entry location
- Main
- Laundry
- Electric Dryer Hookup, Washer Hookup
Systems
- Energy source
- Electric
- Power production
- Electric
- Water heater
- Electric
- Water heater location
- Closet
- Power company
- Snohomish PUD
- Water company
- HOA
- Sewer company
- HOA
- Garbage service
- HOA
- Irrigation water rights
- No
- Internet connected
- Xfinity
- Cable connected
- HOA, Comcast
Rooms & extras
- Window coverings
- Blinds
- Bathtubs
- 1
- Showers
- 1
- Excluded items
- No
New construction
- Square footage source
- Realist
- Lot size source
- Realist
- Effective year built source
- Public Records
Neighborhood mobility
Walk, bike & transit scores
Source: Walk Score®, Bike Score® and Transit Score® are provided by Walk Score (walkscore.com), a third-party service. This is not Northwest MLS listing data.
Schools
Ratings via SchoolDiggerEdmonds School District
- Sherwood ElemSwPublic · Grades Elementary—
- College Place Middle SchoolPublic · Grades 7-8 · State rank 191 of 5146/10
- Edmonds Cyber SchPublic · Grades High—
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
Sales & Tax Records for 550 Elm Way #105
NWMLS via MLS GridEvery listing, pending, price change and closing filed on this home with the NWMLS, the county’s recorded sales, and its assessed values by tax year.
- Oct 1, 2026Price reducedNWMLS via MLS Grid · #2580345$360,000$572/sq ft
- Sep 10, 2026ListedNWMLS via MLS Grid · #2580345$400,000$636/sq ft
- Oct 21, 2021SoldNWMLS via MLS Grid · #1810104$365,000$580/sq ft
- Sep 21, 2021PendingNWMLS via MLS Grid · #1810104$330,000$525/sq ft
- Sep 16, 2021ListedNWMLS via MLS Grid · #1810104$330,000$525/sq ft
- Feb 26, 2016SoldNWMLS via MLS Grid · #891577$155,000$246/sq ft
Down payment assistance
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
Northwest MLS lists this home as eligible for down payment assistance programs
Source: program list compiled by RexMont from ARCH (A Regional Coalition for Housing) member-jurisdiction information. This is not Northwest MLS listing data.
Mortgage payment forecast
$2,755 per month
Great rateTakes about 5 minutes & won't affect your credit
Get pre-approvedSource: RexMont estimate, not Northwest MLS listing data. Interest rates from Freddie Mac's Primary Mortgage Market Survey via FRED (Federal Reserve Bank of St. Louis). Property tax and HOA dues from the NWMLS listing where provided, otherwise estimated; insurance estimated at 0.3% of price per year.
Estimate only. Actual payment depends on credit, lender, and program. PMI not included for down payments below 20%.
Ask about this home
A licensed RexMont broker will get back to you, usually in under 5 minutes during business hours.
Listing Broker: RE/MAX Elite; Vince M Grant; 425-483-4200; vgrant@remax.net
Market pulse
Edmonds is a balanced market.
Supply and demand are roughly in balance. Neither side has a clear edge.
Offer insight: Well-priced homes draw multiple offers; others sell close to asking.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 62 days.
Recent sales nearby
Within 1 mile · last 6 months$1,125,000 Sold
1 day ago
2 bd•1.75 ba•Condo
239 4th Avenue S #202, Edmonds, WA 98020
0%
Over list
47
Days on market
0.6 mi
Distance
$705,000 Sold
1 week ago
2 bd•1.75 ba•Condo
633 Main Street #104, Edmonds, WA 98020
6%
Under list
40
Days on market
0.8 mi
Distance
$680,000 Sold
1 week ago
3 bd•1.75 ba•Condo
1024 5th Avenue S #A301, Edmonds, WA 98020
1%
Over list
12
Days on market
0.2 mi
Distance
$477,000 Sold
2 weeks ago
2 bd•1.25 ba•Condo
510 Forsyth Lane #210, Edmonds, WA 98020
2%
Under list
21
Days on market
0.1 mi
Distance
$774,000 Sold
3 weeks ago
2 bd•1.5 ba•Condo
540 Dayton Street #101, Edmonds, WA 98020
3%
Under list
40
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Oct 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of October 1, 2026 at 10:42am (date and time MLS GRID Data was obtained). 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 courtesy of Northwest Multiple Listing Service (NWMLS). The listing data relating to real estate for sale on this web site comes in part from the Northwest Multiple Listing Service. Real estate listings held by brokerage firms other than RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
HO
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