20363 NW Cedar Lane, Poulsbo, WA 98370

$547,500

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Listing courtesy of Keller Williams Greater 360.

List Price
$547,500
Status
ACTIVE
MLS#
2527010
Price Change
▼ $2,500 1784085931
Days on Market
67

Property Description

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.

Additional Information

Community
Finn Hill
Style
60 - Comm Bldg Und 10K
Year Built
1941
Potential Terms
Cash, Conventional
Driving Directions
From Finn Hill go south on NW Cedar Lane, second building on the RH Side.
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