Active · Residential

20375 NW Cedar Lane , Poulsbo, WA 98370

Poulsbo, WA 98370

$559,000

2 bedrooms · 2 bathrooms · 1,260 sq ft

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Listing provided by Keller Williams Greater 360 · MLS #2526714 · Active

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About this property

Investment opportunity in Poulsbo — two homes on one C-2 Viking Ave zoned parcel totaling approximately .31 acres (13,504± sq ft) on sought-after Finn Hill along the Viking Avenue corridor. Located within the City of Poulsbo, this property offers flexibility for investors, future redevelopment potential, rental income, or owner-user strategies. Both homes are currently rented month-to-month at below market rates, offering upside potential for future income growth. R01 features a 1946-built 660± SF home with 1 bedroom, 1 3/4 bathroom. R02 is a separate 1946-built 600± SF home with 1 bedroom and 1 3/4 bathroom. Partial fencing and a private country-style setting on Finn Hill create a unique feel while still being minutes from town. Conveniently located approximately 3 minutes from Historic Downtown Poulsbo, Liberty Bay waterfront, Fish Park trails, Highway 3, and College Marketplace shopping. Easy access to Viking Way NW provides a direct route into Silverdale. Coppertop Storage nearby. Enjoy year-round festivals, waterfront activities, shopping, dining, and the charm of one of Kitsap County’s most desirable small cities. Rare opportunity to own an income-producing property with C-2 zoning in a highly sought-after Finn Hill location within Poulsbo. City Water+Sewer. RV Parking+ Flat useable lot.

Property details

Property type: Single Family Residence
Year built: 1946
Lot size: 13,504 sq ft
Association dues: $0 · frequency not provided
Annual property tax: $2,511 (2026)
Parking spaces: 7
School district: North Kitsap #400

Listings courtesy of Northwest MLS as distributed by MLS GRID.

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