20363 NW Cedar Lane, Poulsbo, WA 98370
Listed by Joey Soller, Keller Williams Greater 360
Originally $550,000
Reduced $2,500 · 0%$547,500
20363 NW Cedar Lane, Poulsbo, WA 98370
Poulsbo, WA, 98370
- Built
- 1941
Tour this home
Jeff Reynolds · Managing Broker, Compass
Start with a focused 15-minute call, then tour with a clear due-diligence plan.
- Commercial Industrial
- Type
- 1941
- Year built
- 16,117 sq ft
- Lot
- 82
- Days on market
About this property
STR/ Investment / redevelopment opportunity in the City of Poulsbo. This .37-acre parcel is available with adjoining parcel 20379 NW Cedar Ln. Both properties are zoned C-2 Viking Avenue with public water and sewer. Current land use is Single Family Residential with strong potential for conversion to commercial use, owner-user occupancy, investment hold, mixed-use concepts, or possible short-term rental (STR) use. A third adjoining C-2 parcel located at 20375 NW Cedar Ln, featuring two rental homes, is also available, creating additional upside for buyers seeking all three contiguous C-2 parcels for future assemblage or redevelopment opportunities. Property features include 2 bedrooms, 1 full bath, full kitchen, wood-burning stove, detached garage, lean-to storage, RV parking area with no current hookups, ample lot parking, and flat usable land. Located on Finn Hill near Cafe Cocina, the property offers a private country-style setting while still being minutes from town. Approximately 3 minutes to 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. Enjoy year-round festivals, waterfront activities, shopping, dining, and the charm of one of Kitsap County’s most desirable small cities. Rare C-2 Viking Avenue opportunity with long-term upside potential.
Location & commute
Add a destination (work, gym, school) for directions and drive time.
Property details
Listing details
- Listing number
- #2527010
- Listed
- May 20, 2026
- Days on market
- 82
- Original list price
- $550,000
Construction
- Year built
- 1941
- Style
- 60 - Comm Bldg Und 10K
- Structure
- Unspecified
Lot
- Lot size
- 16,117 sq ft
Terms
- Terms offered
- CashConventional
Utilities
- Water
- Public
- Sewer
- Sewer Connected
Listing history
Listed
$550,000
May 20, 2026
Current price
$547,500
Derived from current MLS listing fields. Full multi-cycle status history is on the roadmap.
Payment estimate
An estimate to help you plan, not a loan offer or financial advice.
Est. monthly
$3,188
- Principal & interest
- $2,768
- Property tax (est.)
- $420
Assumes $109,500 down (20%), a $438,000 loan at 6.5% over 30 years. Property tax is an estimated figure, not MLS data (verify with the county assessor). Excludes insurance, PMI, and closing costs. Not a commitment to lend or financial advice.
Similar nearby listings
$649,000
20509 NE State Highway 305 NE NE
Poulsbo, WA

$569,000
6426 NE Barrett Drive
Poulsbo, WA

$650,000
18701 10th Avenue NE
Poulsbo, WA
$507,900
7685 NE Harbor View Drive
Poulsbo, WA
$594,000
5536 NE Falcon Ridge Lane
Poulsbo, WA

$637,883
1828 NW Nahele Court #69
Poulsbo, WA
Based on information submitted to the MLS GRID as of August 11, 2026 at 7:45 AM PDT. 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.