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20375 NW Cedar Lane

Poulsbo, WA 98370
  • $559,000
  • STATUS: Active
  • ID#: 2526714
UPDATED: 76 min ago
$559,000
  • 2
    BEDS
  • 0.31
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,260
    SQFT
  • $444
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1946
County:
Area:

School Information

Elementary School:
Middle School:
High School:
School District:
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Keller Williams Greater 360.
Mortgage Calculator is provided by BoomTown.

Description

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.

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IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.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 Berkshire Hathaway HomeServices Leavenworth Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-07-14T13:16:29.583. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-07-14T13:16:29.583. 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.

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20375 NW Cedar Lane Poulsbo, WA 98370

  • Price: $559,000
  • Status: Active
  • On Site: Days
  • Updated: 76 min ago
  • ID#: 2526714
2
Beds
2
Baths
0
½ Baths
0.31
Acres
1,260
SQFT
$444
$/SQFT
1946
Built
Neighborhood:
Poulsbo
County:
Kitsap
Area:
Poulsbo
Elementary School:
Vinland Elem
Middle School:
Poulsbo Middle
High School:
North Kitsap High
School District:
North Kitsap #400
Property Description
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.
Exterior Features

Attached Garage YN No Carport YN No Covered Spaces 1 Entry Location Main Exterior Features Wood Garage YN Yes Levels One Lot Features Dead End StreetDirt RoadSecluded Open Parking YN No Parking Features DrivewayDetached GarageRV Parking Parking Total 7 Roof Composition Structure Type House Style Code 10 - 1 Story Topography Level View Territorial View YN Yes Waterfront YN No

Interior Features

Appliances RefrigeratorStove(s)/Range(s) Appliances Included Refrigerator(s)Stove(s)/Range(s) Basement None Baths Full Garage 0 Baths Full Lower 0 Baths Full Main 0 Baths Full Upper 0 Baths Half Garage 0 Baths Half Lower 0 Baths Half Main 0 Baths Half Upper 0 Baths Three Quarter Garage 0 Baths Three Quarter Lower 0 Baths Three Quarter Main 2 Baths Three Quarter Upper 0 Bedrooms Lower 0 Bedrooms Upper 0 Building Area Total 1260 Cooling None Cooling YN No Fireplace YN No Fireplaces Total 0 Flooring VinylCarpet Heating Baseboard Heating YN Yes Living Area 1260 Main Level Bedrooms 2 Rooms Entry Hall (Main Level) Kitchen With Eating Space (Main Level) Living Room (Main Level) Primary Bedroom (Main Level) Utility Room (Main Level) Bathroom Three Quarter (Main Level) Bathroom Three Quarter (Main Level) Primary Bedroom (Main Level) Square Footage Finished 1260 Square Footage Unfinished 0

Property Features

Association Fee 0 Association YN No Building Information Built On Lot Down Payment Resource YN Yes Energy Source Electric FIRPTAYN No Foundation Details Pillar/Post/Pier Inclusions Refrigerator(s)Stove(s)/Range(s) Irrigation Water Rights YN No Land Lease YN No Listing Terms CashConventional New Construction YN No Possession Closing Power Production Type Electric Property Sub Type Single Family Residence Security Features Partially Fenced Senior Community YN No Senior Exemption No Sewer Sewer Connected Site Features Cable TVFenced-PartiallyOutbuildingsRV Parking Special Listing Conditions None Tax Annual Amount 2511 Tax Year 2026 Water Source Public Zoning Jurisdiction City

MLS Grid logo

IDX information is provided exclusively for consumers’ personal noncommercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.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 Berkshire Hathaway HomeServices Leavenworth Properties are marked by the "three tree" symbol; detailed information about such listings includes the names of the listing brokers. The three tree icon refers to an NWMLS listing. Data last updated 2026-07-14T13:16:29.583. The "Days on Site" data field is calculated by BoomTown and is the number of days since the listing was originally received in our system. It is not the equivalent of "Days on Market".
Based on information submitted to the MLS GRID as of 2026-07-14T13:16:29.583. 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.

Digital Millennium Copyright Act
 
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Berkshire Hathaway HomeServices Leavenworth Properties
305 US Highway 2
Leavenworth WA, 98826
Northwest MLS logo Listing courtesy of Northwest MLS as distributed by MLS GRID. Listing courtesy of Keller Williams Greater 360.
Mortgage Calculator is provided by BoomTown.