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Listed by Luke Brown • Windermere Real Estate GH LLC.
FOR SALE

$498,000

Est. $2,659/mo

2 bd•2 ba

550 Elm Way #206, Edmonds, WA 98020

• Listed Sep 25, 2026•2 days active · 2 cumulative

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Listing Broker: Windermere Real Estate GH LLC; Luke Brown; 206-900-6483; lukebrown@windermere.com

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Listing Broker: Windermere Real Estate GH LLC; Luke Brown; 206-900-6483; lukebrown@windermere.com

About this home

Inspiring views. Move-in ready. This 2-bedroom, 2-bath condo is just blocks from downtown Edmonds. This is a rare opportunity at Highland Park Condominiums offering a wonderful combination of location, exceptional floorplan, and special setting with easy walkability to shopping, restaurants and beaches. The open living and dining areas feature durable vinyl plank flooring, a large fireplace, designer colors, and French doors off the second bedroom, creating a flexible space for office, guest room, or den. The Spacious primary bedroom offers two closet spaces, peek-a-boo views of the water, and full ensuite bathroom. Enjoy beautiful views from the large deck overlooking the community gardens and swimming pool, with sweeping distant views of the Olympic Mountain foothills and Whidbey Island. Additional features include new carpet in the bedrooms, recently installed in-unit laundry, covered assigned parking, 2 private storage spaces, and secure lobby with elevator access. The community pool provides a resort-like amenity, while downtown Edmonds shops, restaurants, waterfront, parks, and ferry terminal are all just minutes away. A terrific opportunity to enjoy the best of Edmonds living.

Property type
Condo
Year built
1964
Interior
Not listed
Lot size
Not listed
Parking
Carport
Price / sq ft
Not listed
HeatingRadiant, Wall Furnace
CoolingNone
Property taxes$4,300/yr (est.)
HOA dues$641/mo
School districtEdmonds

Listed by Luke Brown • Windermere Real Estate GH LLC

Listing updated: September 26, 2026 at 09:23am

RexMont checked: moments ago

Source: NWMLS as Distributed by MLS Grid #2586781

Around this home

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550 Elm Way #206, Edmonds, WA 98020

List price
$498,000
Down payment
$99,600

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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

  • Fireplace
  • French Doors
  • Insulated Windows
  • Primary Bathroom
  • Fireplace (wood burning)

Kitchen

  • Dishwasher
  • Dryer
  • Microwave
  • Refrigerator
  • Stove(s)/Range(s)
  • Washer

Bedrooms

  • 2 bedrooms total

Bathrooms

  • 2 full bathrooms

Flooring

  • Laminate
  • Carpet

Heating & cooling

  • Radiant heating
  • Wall Furnace heating
  • None cooling

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 SchoolDigger

Edmonds School District

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.

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.

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

$3,783 per month

Great rate
Principal and interest
Property taxes
HOA dues
Home insurance

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Source: 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%.

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Listing Broker: Windermere Real Estate GH LLC; Luke Brown; 206-900-6483; lukebrown@windermere.com

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Market pulse

Edmonds is a seller's market.

Inventory is low and competition is high. Sellers have more negotiating power.

Buyer's marketSeller's market
  • 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 45 days.

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Market data from MLS GRID / NWMLS · Updated Sep 2026

MLS GRID Disclaimer

Based on information submitted to the MLS GRID as of September 26, 2026 at 09:23am (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.

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