See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

402 Acacia Ave, Garibaldi, OR, 97118

3beds
1baths
1,188sqft
$165,000
$139price/sqft
$1,227/moest. monthly cost
$49,080/yrincome needed

About This Home

Investor special in the heart of Garibaldi. Situated on a rare double lot, this property offers incredible potential for renovation, redevelopment, or expansion. (Buyer to do due diligence). With added space and flexibility, the possibilities here are wide open for those looking to maximize value.Ideally located just minutes from town, the marina, and the waterfront, this property offers the perfect blend of convenience and coastal charm. Whether you're looking to create a primary residence, vacation getaway, or investment property, this is a unique opportunity in a desirable location.Bring your vision and tools, this fixer is ready for transformation and offers strong upside for the right buyer.

Getting Around

50
WalkingSomewhat Walkable
0
TransitVery Limited Transit
46
BikeSomewhat Bikeable

Schools

8/10
7/10
3/10
Neah-Kah-Nie High SchoolGrades 9-125.7 mi

Construction

Condition

  • Year built: 1922

Materials

  • Foundation: Other
  • Roof: Composition
  • Construction materials: Other

Type & Style

  • Home type: SingleFamily
  • Architectural style: Other
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: None

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,188

Heating & Cooling

  • Heating features: Other
  • Cooling features: None

Interior Area

  • Total structure area: 1,188
  • Total interior livable area: 1,188 sqft

Property

Details

  • Parcel number: 1N1021AC5500
  • Zoning description: GB-R-1 Garibaldi Residential
  • Special condition: Standard

Features

  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,405 sqft

Parking

  • Total spaces: 1
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Inland Flooding
    Inland FloodingRelatively High
  • Tsunami
    TsunamiRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Earthquake
Inland Flooding
Tsunami
Coastal Flooding
Strong Wind

FEMA Declared Disasters in Tillamook County and Oregon

Flood
Mud Landslide
Severe Storm
Straight Line Winds
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $834$10,008
Home Insurance *$33$396
Property Taxes $184$2,208
Electricity $176$2,119
Total$1,227$14,724
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$42,068/yr
40% on housing$36,810/yr
45% on housing$32,720/yr

Oregon FAIR Plan Programs

Oregon FAIR Plan Association

Covered
WildfireWildfire
Add-on available
HailHail
WindWind
Visit Website →
Current Policies
Residential: 2,377Commercial: 170
Total Premiums$3.07M
Total Exposure$840.98M

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 9.0%
9.0%
0%30.0%
Electricity Growth Rate10-year average: 2.0%
2.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.3%
2.3%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$139This listing

vs Other Active Listings

Avg $/sqft

ZIP 97118$187
Tillamook County$320

vs Homes Sold Last Month

Median $/sqft

ZIP 97118
Tillamook County$347

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2026-04-13Listed for sale$165,000

For Sale by Agent

AgentChris Suarez
BrokerageKeller Williams Sunset Corrido

Similar Homes