0 Franklin St Garibaldi, OR 97118
Estimated payment $3,801/month
Highlights
- Ocean View
- 27 Acre Lot
- No Heating
- Nehalem Elementary School Rated 10
- No HOA
- 4-minute walk to Oswald West State Park
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!
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
Map
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/23/2026 05/23/26 | Price Changed | $699,000 | -6.8% | -- |
| 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)
MLS Number: 24443867
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The content relating to real estate for sale on this web site comes in part from the IDX program of the RMLS™ of Portland, Oregon. Real estate listings held by brokerage firms other than Ten-X are marked with the RMLS™ logo, and detailed information about these properties includes the names of the listing brokers. Listing content is copyright © 2026 RMLS™, Portland, Oregon. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available. All information provided is deemed reliable but is not guaranteed and should be independently verified.
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Ask me questions while you tour the home.