$559,000
Est. $2,960/mo2 bd•1.5 ba•1,260 sq ft
20375 Nw Cedar Lane, Poulsbo, WA 98370
• Listed 2026-05-20•4 days on market
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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.
Listed by Joey Soller • Keller Williams Greater 360
Listing updated: September 16, 2026 at 09:27am
RexMont checked: moments ago
Source: NWMLS as Distributed by MLS Grid #2526714
20375 Nw Cedar Lane, Poulsbo, WA 98370
Estimates only and not guaranteed. Consult a RexMont agent for accurate, personalized guidance before making an offer. RexMont OfferEdge™ · © 2026 RexMont Real Estate. Proprietary tool.
Neighborhood mobility
North Kitsap #400 School District
Assigned schools for this property per the listing's MLS data. School district boundaries change — verify the exact assigned schools with the district before purchasing.
6 programs may be available to provide you with up to $55,000 in down payment assistance, depending on your specific information.
$3,309 per month
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Poulsbo is a seller's market.
Inventory is low and competition is high. Sellers have more negotiating power.
Offer insight: Many homes get multiple offers, some with waived contingencies.
List to sale price: The average home sells very close to list price.
Time on market: The average home goes pending in around 8 days.
$745,500 Sold
5 months ago
3 bd•2.5 ba•~2,512 sq ft•Single Family
19795 4th Avenue Ne, Poulsbo, WA 98370
4%
Under list
—
Days on market
0.7 mi
Distance
Closed sales from MLS GRID / NWMLS within the past 6 months, matched on property type and within 1 mile. Comps approximate.
Want a deeper read on this market?
Ask a RexMont agentMarket data from MLS GRID / NWMLS · Updated Sep 2026
MLS GRID Disclaimer
Based on information submitted to the MLS GRID as of September 16, 2026 at 09:27am (date and time MLS GRID Data was obtained). 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.
Listing information courtesy of Northwest Multiple Listing Service (NWMLS). 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 RexMont Real Estate are marked with the “Listing courtesy of NWMLS” designation. Information provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
© 2026 Northwest Multiple Listing Service. All rights reserved.
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Open houses
No upcoming open houses scheduled for this property.
Nearby open houses (2)
See more →
Open Mon, Sep 21 +2
Open Mon, Sep 21 +2$548,000
-$11,000 under list price
Nearby comparable homes
RexMont uses 5 strongest recent nearby sales, priced between $485K and $775K.
Rental earnings
$1,650/mo
Screening estimate from the comp-supported value. Verify with rent comps before underwriting.
$484,950Last sold price
796 Nw Cedar Lane, Poulsbo, WA 98370
$570,000Last sold price
20065 Regin Court Ne, Poulsbo, WA 98370
Estimate is a comp-supported screen, not an appraisal or broker price opinion. Ask RexMont for a property-specific pricing review before writing or accepting an offer.
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