About 20375 Nw Cedar Lane
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.
Features of 20375 Nw Cedar Lane
| MLS® # | 2526714 |
|---|---|
| Price | $559,000 |
| Bedrooms | 2 |
| Bathrooms | 1.50 |
| Square Footage | 1,260 |
| Acres | 0.31 |
| Year Built | 1946 |
| Type | Residential |
| Sub-Type | Single Family Residence |
| Status | Active |
Community Information
| Address | 20375 Nw Cedar Lane |
|---|---|
| Area | 166 - Poulsbo |
| Subdivision | Poulsbo |
| City | Poulsbo |
| County | Kitsap |
| State | WA |
| Zip Code | 98370 |
Amenities
| Parking Spaces | 7 |
|---|---|
| Parking | Driveway, Detached Garage, RV Parking |
| View | Territorial |
| Is Waterfront | No |
Interior
| Appliances | Refrigerator, Stove(s)/Range(s) |
|---|---|
| Heating | Baseboard |
| Cooling | None |
| Fireplace | No |
| Fireplaces | Wood Burning |
Exterior
| Exterior Features | Wood |
|---|---|
| Lot Description | Dead End Street, Dirt Road, Secluded |
| Foundation | Pillar/Post/Pier |
School Information
| District | North Kitsap #400 |
|---|---|
| Elementary | Vinland Elem |
| Middle | Poulsbo Middle |
| High | North Kitsap High |
Additional Information
| Date Listed | May 20th, 2026 |
|---|---|
| Days on Market | 99 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Greater 360 |
|---|