20363 NW Cedar Lane · Poulsbo, WA 98370

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.