What it actually is
Edwards sits at roughly 7,220 feet in Eagle County, on the valley floor between Avon/Beaver Creek to the east and Wolcott to the west, right along the I-70 corridor and US-6. It's unincorporated — there's no town government of its own — so services come through Eagle County and local metro/special districts rather than a city hall. That's a normal setup for the valley, but it does mean governance, roads, and water/sewer can vary by neighborhood, which matters when you're comparing properties.
In practice, Edwards functions as the everyday hub of the mid-valley. The Riverwalk center along the Eagle River holds shops, restaurants, and services; Battle Mountain High School and a Colorado Mountain College campus are here; and the area spans very different neighborhoods — from the walkable core and Singletree and Homestead, up to the gated golf community of Cordillera above the valley, plus Arrowhead and Lake Creek. Those are genuinely different products at different price points and lifestyles, so 'Edwards' on a listing can mean a townhome near the grocery store or a large home behind a gate. Confirm exactly which neighborhood and which district a property sits in before you draw conclusions.