$750,000
$50K PRICE DROP

0 Franklin St Garibaldi, OR 97118

Estimated payment $3,971/month

Total Views 12,005
27 Acres
$27,778 Price per Acre
1,176,120 Sq Ft Lot

Highlights

  • Ocean View
  • 27 Acre Lot
  • No Heating
  • Nehalem Elementary School Rated 10
  • No HOA

About This Lot

This stunning 27-acre property presents a rare and exciting opportunity for developers and investors. With panoramic views of the bay, ocean, and surrounding mountains, the possibilities are endless. Approximately 11 acres lie within the city limits of Garibaldi, while the remaining 16 acres fall within the urban growth boundary—offering strong potential for future expansion. Zoned for residential development with a minimum lot size of 8,000 sq ft, the site could potentially accommodate a 40-lot subdivision (buyer to do due diligence). City utilities are available, further enhancing the development potential. Whether you're looking to create a coastal residential community or invest in one of the last large-view parcels in the area, this property is a must-see!

Listing Agent

Krista Hall

Pete Anderson Realty License #201252977 Listed on: 07/26/2024

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $121

Lot Details

  • 27 Acre Lot
  • Sloped Lot
  • Property is zoned R1

Property Views

  • Ocean
  • Bay

Schools

  • Garibaldi Elementary School
  • Neah-Kah-Nie Middle School
  • Neah-Kah-Nie High School

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 82751

Property Details

Property Type

Land

Est. Annual Taxes

$121

Lot Details

0

Listing Details

  • Standard Status: Active
  • MLS Status: Active
  • Property Type: Land
  • Property Sub Type: ResidentialRecreational
  • Property Attached Yn: No
  • CropLandLeaseYN: No
  • Current Price For Status: 750000.0
  • Open House: No
  • Special Features: None

Interior Features

  • Lot Size Range: Acres20to50

Exterior Features

  • Lot Size: 20 to 49.99 Acres
  • View: Yes
  • Disclosures: Disclosure
  • Other Structures: None
  • View: Bay,Ocean

Garage/Parking

  • Attached Garage: No

Utilities

  • Utilities: ElectricityAvailable, PublicSewer, WaterAvailable
  • Cooling Y N: No
  • Heating Yn: No

Association/Amenities

  • Existing Structures: No

Condo/Co-op/Association

  • Association: No

Schools

  • Elementary School: Garibaldi
  • High School: Neah-Kah-Nie
  • Middle Or Junior School: Neah-Kah-Nie

Lot Info

  • Zoning: R1
  • Soil Condition: Unknown
  • Land Description: Sloped
  • Land Lease: No
  • Lot Size Acres: 27.0
  • Lot Size Sq Ft: 1176120.0
  • Parcel #: 82751

Green Features

  • Green Certification: No

Rental Info

  • Availability: Sale

Tax Info

  • Tax Deferral: No
  • Tax Year: 2023
  • Tax Annual Amount: 120.77

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2025 07/26/25 Price Changed $750,000 -6.3% --
07/26/2024 07/26/24 For Sale $800,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 24443867

Regional Multiple Listing Service (RMLS)