$699,000
$101K PRICE DROP

1234 Franklin St Garibaldi, OR 97118

Estimated payment $3,845/month

Total Views 3,751
27 Acres
$25,889 Price per Acre
1,176,120 Sq Ft Lot

Highlights

  • 27 Acre Lot
  • No HOA
  • 4-minute walk to Oswald West State Park
  • Nehalem Elementary School Rated 10
  • Views

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, Inc-Manzanita License #201252977 Listed on: 08/25/2026

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $121

Lot Details

  • 27 Acre Lot
  • Property is zoned R-1-A Residential

Additional Features

  • Property Views

Community Details

  • No Home Owners Association
  • Garibaldi Subdivision

Listing and Financial Details

  • Assessor Parcel Number 960200

Property Details

Property Type

Land

Est. Annual Taxes

$121

Lot Details

27 Acres

Listing Details

  • Property Sub Type: Residential
  • Prop. Type: Land
  • Lot Size Acres: 27.0
  • Lot Size Sq Ft: 1176120.0
  • Road Surface Type: Gravel
  • Subdivision Name: Garibaldi
  • Directions: Take Franklin St up the hill behind Gregs Marine, go to end of the street to property. You will see the base of the property and entrance there, to the right of the driveway at the top of the hill.
  • Association/Community: Senior Community YN: No
  • Lot: Water Body Access YN: No
  • Road Surface Type: Gravel
  • Special Features: None

Interior Features

  • Possible Use: Residential, Single Family, Subdivision
  • Other Equipment: None
  • Possible Use: Residential, Single Family, Subdivision
  • Other Equipment: None

Exterior Features

  • Lot Features: Sloped
  • View: Yes
  • Waterfront: No

Utilities

  • Sewer: None
  • Utilities: Other
  • Water Source: Public
  • Sewer: None
  • Utilities: Other
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association: No

Lot Info

  • Current Use: Residential, Unimproved
  • Land Lease: No
  • Parcel #: 960200
  • Zoning: R-1-A Residential
  • Current Use: Residential, Unimproved

Tax Info

  • Tax Annual Amount: 120.77
  • Tax Lot: 03700
  • Tax Map Number: 1N10000003700
  • Tax Year: 2023

Map

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Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/25/2026 08/25/26 For Sale $699,000 0.0% --
07/26/2026 07/26/26 Off Market $699,000 -- --
05/27/2026 05/27/26 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: Oregon Coast Multiple Listing Service

Source: Oregon Coast Multiple Listing Service

MLS Number: TC-21793

Oregon Coast Multiple Listing Service
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