Property Details
20375 NW Cedar Lane
Poulsbo, WA 98370
$559,000
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About This Home
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 Information
Property Type
Residential
Subtype
Single Family Residence
Status
Active
County
Kitsap
Neighborhood
Poulsbo
Listed
May 20, 2026
Interior Features
Bedrooms
2
Bathrooms
1.5
Living Area
1,260 sq ft
Basement
None
Entry Level
Main
Exterior & Lot
Lot Size
0.31 sqft
Year Built
1946
Exterior Materials
Wood
Parking
Driveway, Detached Garage, RV Parking
Sewer
Sewer Connected
Water Source
Public
Lot Features
Dead End Street, Dirt Road, Secluded
Exterior Features
Wood
Location
City
Poulsbo
County
Kitsap
Coordinates
47.74800, -122.65722
Schools
School District
North Kitsap #400
Elementary School
Vinland Elem
Middle School
Poulsbo Middle
High School
North Kitsap High
Additional Information
Tax Year
2026
Annual Taxes
$2,511
Possession
Array
Inclusions
Refrigerator(s),Stove(s)/Range(s)
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Estimated Monthly Payment
$0
Down Payment
$0
Loan Amount
$0
Provided by Beyond Real Estate, LLC
Down Payment Assistance Available
This property may qualify for homebuyer assistance programs
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