Wonderful for water lovers
We stayed at the Edgewater for just one night, midweek, in a water side room. We were delighted by the Edgewater and would happily stay there again. But only if I secured a good deal. 
I was able to book our room at a more affordable rate via American Express. The rate was an advance purchase discount. I also applied some of my AMEX points to the rate to bring it down a bit.
First of all, the exterior, lobby and common areas are truly Northwest Classic. We loved the coziness of the long hallways and wood panels. Our room was gorgeous! A sweet little balcony over the water, facing some sort of a working dock. We loved being able to see the Washington State Ferries come and go. The room also had a fireplace and two very comfortable chairs. The bed was comfy and cozy. The bathroom was surprisingly large with a nice big vanity and large closet. Robes were warm and of nice quality.
We found the staff to be helpful and friendly-- everyone looks like they stepped out of some outdoors wear catalog. Its cute! We enjoyed breakfast at the restaurant in the morning. Awesome service, great views of the water and huge portions. 
All in all, I would characterize the Edgewater as romantic and warm. I wish we had another night to enjoy it even further.