5115 NE Lamms Lane, Poulsbo, WA 98370

About this property

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.