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Parkwood

Sequim, Washington · Clallam County

Legally age-restricted 55+completed active resale

Parkwood is an age-restricted 55-and-older, land-lease manufactured home community of 209 sites in Sequim, Washington, set in the Dungeness Valley just outside town along Highway 101. Owned and operated by the Gibson family, Parkwood is one of the larger 55+ manufactured-home communities on the Olympic Peninsula, offering villa-style manufactured homes on a forested, park-like campus with a fitness center, library, billiard room, sauna, and clubhouse. Under the community's land-lease model, residents own their individual homes and pay a separate monthly lot rent, reported at approximately $485 per month, rather than a traditional condominium or homeowners association fee.

Last researched 2026-09-17

Price positioning
Reported resale pricing broadly from roughly $115,000 to $350,000 depending on size, age, and condition, reflecting the community's mix of older and updated homes; current pricing should be confirmed directly with the community office
HOA
Not applicable in the traditional HOA sense; instead, reported home-site lot rent of approximately $485/month, which is separate from any home purchase price
Community size
209 home sites, built beginning in 1980
Home types
manufactured_home
Builder
Not publicly confirmed (original developer); owned and operated by the Gibson family
Age policy
Age-restricted 55+ land-lease manufactured home community; all residents/occupants must be 55 years or older per community rules

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Overview

Independent Assessment

Parkwood was confirmed as a genuine, well-established land-lease manufactured home community with an explicit age restriction: at least one source describing the community's rules states plainly that all residents/occupants must be 55 years or older, consistent with the federal HOPA framework. Multiple independent directory and senior-living sources consistently describe Parkwood as a 209-site, family-owned community built beginning in 1980, and its ownership structure (owned home, leased land) indicates an ownership-housing community rather than rental housing. The community's full written rules and regulations were not independently reviewed, so buyers should request the current 'Guidelines for Living' document directly from Parkwood management before purchasing.

Who May Find This Community Appealing

Buyers who want a larger, established, family-owned land-lease community with a fuller amenity package (fitness center, library, sauna, clubhouse) than some smaller Sequim-area parks are a strong fit for Parkwood. Its forested, park-like Dungeness Valley setting just outside downtown Sequim also suits buyers who want a quieter, more rural feel while remaining a short drive from Sequim's shopping, dining, and medical services.

Homes & Prices

Homes, Builders & Development History

Parkwood was built beginning in 1980 in the Dungeness Valley just outside Sequim and has been owned and operated by the Gibson family for the community's history. No single named original park developer was found in available sourcing. The community today comprises 209 home sites with villa-style manufactured homes set among mature trees and landscaped common areas, with residents continuing to buy and sell individual homes within the park on a resale basis.

Current Pricing & Market Positioning

Reported resale pricing for homes within Parkwood has ranged broadly from roughly $115,000 to $350,000 based on recent individual and comparable listings, reflecting the community's mix of older 1980s-era homes and more recently updated or replaced units. These figures are for the manufactured home itself and do not include the separate monthly lot rent. Buyers should request current available homes and recent closed comparables directly from Parkwood's on-site office or a local agent familiar with Sequim manufactured-home sales.

New Construction vs. Resale Considerations

All homes currently available at Parkwood are resale, as the community was built out beginning in 1980 with no new-home construction identified in available sourcing. Buyers should budget for a full inspection of the specific manufactured home's age-appropriate systems, confirm Parkwood's current 'Guidelines for Living' rules on home age and condition for resale approval, and request the current lot-rent schedule and any planned increases directly from management before purchasing.

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Fees

HOA Fees, Capital Contributions & Recurring Costs

Parkwood does not operate under a traditional HOA or condominium association fee structure; instead, residents pay a monthly home-site lot rent, reported at approximately $485 per month, which covers use of the leased land and access to community amenities such as the fitness center, library, and clubhouse. Buyers should confirm the current exact lot rent for a specific site, any annual rent-increase history, and what is and is not included directly with Parkwood management before purchasing a home in the community.

Taxes, Insurance & Special Assessments

Because homeowners at Parkwood own their manufactured home but not the underlying land, property tax treatment differs from a typical site-built home; buyers should confirm with the Clallam County Assessor's Office whether a specific home is taxed as real or personal property and what the applicable rate and any manufactured-home-specific rules are. Washington offers a Senior Citizen and Disabled Persons Property Tax Exemption/Deferral program for qualifying homeowners at least 61 years old with Clallam County income limits that buyers should confirm current eligibility for directly with the Clallam County Assessor's Office, since rules for land-lease manufactured homes can differ from site-built homes.

Amenities

Fitness center and libraryBilliard room and saunaCommunity clubhouse with recreational facilitiesGarden areas and outdoor common areasWalking and hiking areas; planned social activities including yoga and stretching sessions

Community Layout & Lifestyle

Parkwood offers villa-style manufactured home living on a forested, park-like 209-site campus in the Dungeness Valley, with a fuller amenity package than many smaller Sequim-area manufactured-home communities, including a fitness center, library, billiard room, sauna, and clubhouse hosting organized activities. As a land-lease community, day-to-day operations and site maintenance are handled by the Gibson family's on-site management rather than a resident-run association board.

Location

Shopping, Healthcare & Airport Access

Parkwood is located at 261520 Highway 101, Sequim, Washington 98382, in the Dungeness Valley just outside downtown Sequim in Clallam County on the Olympic Peninsula. The community offers a short drive into downtown Sequim's shopping, dining, and medical services, with the Dungeness National Wildlife Refuge, the Dungeness River, and the Strait of Juan de Fuca nearby, and Port Angeles roughly 20-25 minutes to the west.

Restrictions

Age Qualification & Material Ownership Restrictions

Parkwood is described by community rules sourcing as requiring all residents/occupants to be 55 years or older, and multiple independent directory sources consistently describe it as an age-restricted (55+) community. The exact recorded deed or CC&R age-restriction language was not independently reviewed; buyers should confirm current age-qualification and verification requirements directly with Parkwood management before purchasing or applying for residency.

Pros & Tradeoffs

Tradeoffs & Limitations

Because Parkwood operates on a land-lease model, buyers should understand that they will own their home but not the underlying land, meaning the monthly lot rent (reported at approximately $485/month) is a permanent, potentially rising cost separate from any purchase price and does not build land equity. As a large community built starting in 1980, buyers should expect a wide range of home ages and finish conditions across its 209 sites and should budget for a full inspection of any resale purchase. Its location in the Dungeness Valley along Highway 101, west of downtown Sequim, also means a longer drive to in-town services than some closer-in Sequim communities.

Comparison With Nearby Communities

Within Sequim's cluster of manufactured-home 55+ communities, Parkwood is among the largest, with 209 sites and a fuller on-site amenity package (fitness center, library, sauna) than the smaller Baywood Village or the two Hendrickson-family communities. Buyers who want the newest housing stock in the area should compare Parkwood's 1980s-era homes against the actively developing Lavender Meadows, while buyers prioritizing scale and amenities over newer construction may prefer Parkwood.

Listings

Current Listings

A connected local agent or Parkwood's on-site office can provide current available homes for sale, recent closed comparables, and the current lot-rent schedule.

FAQs

Questions Buyers Should Verify

  • Current exact monthly lot rent for a specific site, and the community's rent-increase history and policy
  • Exact age-restriction verification procedure and any documentation required at purchase or move-in
  • Whether a specific home is taxed as real or personal property, and current Clallam County property tax treatment for the site
  • Current available homes for sale, their ages and condition, and the community's resale-approval process
  • Full written 'Guidelines for Living' rules and regulations governing exterior modifications, fencing, and structures
Do residents own their homes at Parkwood, or is it a rental community?
Residents own their manufactured homes outright but lease the underlying land from the Gibson family, paying a separate monthly lot rent (reported at approximately $485/month). This is a land-lease ownership model, not a rental of the homes themselves.
Is Parkwood legally age-restricted?
Community rules sourcing states that all residents/occupants must be 55 years or older, consistent with the federal HOPA framework. Confirm the exact verification procedure directly with Parkwood management.
How many home sites does Parkwood have?
Parkwood has 209 home sites, built beginning in 1980 and owned and operated by the Gibson family.
What amenities does Parkwood offer?
A fitness center, library, billiard room, sauna, clubhouse with recreational facilities, garden and outdoor common areas, and walking/hiking areas with planned social activities.

Sources

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