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$550,000 Just Listed
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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.
Full Property Details
Full Property Details for 20363 NW Cedar Ln
General
- Price: $550,000
- Status: Active
- Type: Industrial
- Source: NWMLS
- MLS ID: 2527010
- Updated: 5/20/2026
- Added to Site: 2 day(s) ago
Location
- Area: 165 - Finn Hill
- County: Kitsap
- Subdivision: Finn Hill
- Driving Directions: From Finn Hill go south on NW Cedar Lane, second building on the RH Side.
Utilities
- Sewer: Sewer Connected
- Water: Public
Structural Information
- Structure Type: Unspecified
- Exterior Const.: Wood
- Year Built: 1941
Lot Features
- Lot Size (Acres): 0.37
- Lot Size (Sq. Ft.): 16,117
- Lot Size Source: Tax Records
- Topography: Level
- Zoning: Commercial
Financial Considerations
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: None
- Property ID: 15260110342006
Listed by Joey Soller | Keller Williams Greater 360 | (360) 347-6600
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Schools
Schools serving 20363 NW Cedar Ln
School District:North Kitsap School District
| Name | Grades | Distance |
|---|---|---|
Vinland Elementary School 22104 Rhododendron Lane Northwest, Poulsbo, WA 98370 | K-6 | 1.3 mi |
Poulsbo Junior High School 2003 Northeast Hostmark Street, Poulsbo, WA 98370 | 6-9 | 1.9 mi |
North Kitsap High School 1780 Northeast Hostmark Street, Poulsbo, WA 98370 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 20363 NW Cedar Ln
Date
Details
Price
Change
Source
5/20/2026
Listed
$550,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 20363 NW Cedar Ln
Year
Property Taxes
Change
Tax Assessment
Change
2026
$2,856
17%
$310,800
15%
2025
$2,432
6%
$271,080
3%
2024
$2,285
-2%
$262,280
—
2023
$2,324
—
$262,280
17%
2023
$2,326
15%
$223,870
16%
2021
$2,023
—
$192,370
-4%
2021
$2,023
3%
$200,990
22%
2020
$1,970
17%
$164,490
11%
2019
$1,685
3%
$148,660
7%
2018
$1,630
2%
$139,300
—
2017
$1,602
-8%
$139,300
12%
2016
$1,739
13%
$124,390
-12%
2015
$1,545
-12%
$140,730
—
2014
$1,751
—
$140,730
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 20363 NW Cedar Ln
20363 NW Cedar Lane, Poulsbo, WA 98370 (MLS# 2527010) is a Industrial property. 20363 NW Cedar Lane is currently listed for $550,000 and was received on May 20, 2026. Want to learn more about 20363 NW Cedar Lane? Do you have questions about finding other Industrial real estate for sale in Poulsbo? You can browse all Poulsbo real estate or contact a Coldwell Banker agent to request more information.

