All homes

$559,000

20375 Cedar Lane

Poulsbo, WA 98370

Active
Territorial view

Beds

2

Baths

2

Sq Ft

1,260

Lot

0.31 ac

Year built

1946

Type

Residential

Days listed

120

MLS #

2526714

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.

Exterior features

Wood

Appliances

RefrigeratorStove(s)/Range(s)

Schools

Elementary

Vinland Elem

Middle

Poulsbo Middle

High

North Kitsap High

Property details

Heating
Baseboard
Cooling
None
Flooring
Vinyl, Carpet
Parking
Driveway, Detached Garage, RV Parking
View
Territorial
Lot
Dead End Street, Dirt Road, Secluded
Water source
Public
Sewer
Sewer Connected
Levels
One

Costs

Price / sq ft
$444
Annual taxes
$2,511 (2026)

Estimate your monthly payment

$3,036/mo

Principal & interest
$2,827
Property taxes
$209
Loan amount $447,200

Estimate only — excludes homeowner's insurance and PMI. Rates shown are not a quote. Talk to us to connect with a lender.

Location

Poulsbo, WA 98370

Approximate location. Contact us to confirm the exact address.

Listing courtesy of Keller Williams Greater 360— Joey Soller.Listing data courtesy of the Northwest Multiple Listing Service (NWMLS). Information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change, or withdrawal.

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