A sale of the former Gearhart Elementary School fell through, the Seaside School District reported Thursday.
“The offer on Gearhart has been rescinded,” Brian Taylor, member of the district’s buildings and grounds committee, said.
Gearhart Elementary School sits on 8 1/2 acres at the corner of U.S. Highway 101 and Pacific Way, with almost 32,000 square feet of building space. Students will move to the new Pacific Ridge school in Seaside.
Originally listed at $1.9 million, the district lowered the price to $1.2 million earlier this year, before authorizing the sale at $750,000.
The property is not zoned for residential or commercial use, which would require a zone change.
Designated public-/semi-public, zoning code limits uses to a government facility, community meeting building, public service use or educational purposes.
City officials are seeking ways to retain portions of the land for playground and athletic field space, but any purchase would have to go before city voters, Gearhart Mayor Matt Brown said.
“The council hasn’t talked about making an offer on the school,” Brown said. “We have talked about helping with landscape maintenance if the district or new owner would allow the ball fields and open space to remain open to the public, something I would highly support for youth sports in our community. Any purchase over $100,000 would have to go to a public vote.”