Property Details
5115 NE Lamms Lane
Poulsbo, WA 98370
$365,000
Pending
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About This Home
Opportunities like this rarely come available in this price range! Whether you’re an investor looking for your next project or a buyer wanting to build instant sweat equity with an FHA rehab loan or conventional Rehab financing, this property is packed with potential. With a little vision and effort, this home can truly become a spectacular home~ This charming home offers amazing bones and incredible character throughout, featuring a spacious family room with a cozy propane fireplace plus an additional wood-burning fireplace in the kitchen area. Built-ins and unique touches add warmth and charm you simply can’t recreate. The home includes 2 bedrooms plus a huge bonus room that may work as a possible 3rd bedroom — buyer to verify uses. Bring your contractor and ideas for this straightforward rehab opportunity! New flooring, wall finishing, a roof update, and fresh landscaping could transform this property and create immediate equity potential. The large one-car garage includes an added workshop area, offering excellent storage, hobby, or workspace options. Nestled on a gorgeous private 1-acre setting, the property is surrounded by massive mature rhododendrons, beautiful lawn areas, and lush landscaping both front and back. The peaceful setting feels like your own private retreat while still being conveniently located close to shopping, restaurants, amenities, and everything wonderful that Poulsbo has to offer.
Property Details
Property Information
Property Type
Residential
Subtype
Single Family Residence
Status
Pending
County
Kitsap
Neighborhood
Poulsbo
Listed
May 21, 2026
Interior Features
Bedrooms
2
Bathrooms
1.8
Living Area
1,824 sq ft
Entry Level
Main
Interior Features
Bath Off Primary, Dining Room, Fireplace
Exterior & Lot
Lot Size
1.06 sqft
Year Built
1981
Exterior Materials
Wood
Parking
Detached Garage
Sewer
Septic Tank
Water Source
Community, See Remarks
Lot Features
Paved, Secluded
Exterior Features
Wood Products
Location
City
Poulsbo
County
Kitsap
Coordinates
47.77367, -122.58218
Schools
School District
North Kitsap #400
Elementary School
David Wolfle Elem
Middle School
Kingston Middle
High School
Kingston High School
Additional Information
Tax Year
2026
Annual Taxes
$3,379
Possession
Array
Mortgage Calculator
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
Find out if you’re eligible for down payment assistance programs that could help make this home more affordable. Programs can provide thousands of dollars toward your down payment and closing costs.
Check Your EligibilityBased on information submitted to the MLS GRID as of May 26, 2026 10:30 PM. 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.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
IDX information is provided exclusively for consumers’ personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright 2026 NWMLS. All rights reserved.
