The article presents a brief background of the botanical study of the Teriberka Village environs and the studies for substantiating the establishment of a protected area - Teriberka Nature Park. The information on the locations of rare and protected species of plants, fungi and lichens in the Teriberka Nature Park and its surroundings was summarized based on the analysis of herbarium and archival materials, literature sources and fieldwork in 2020. Overall, 22 species of plants, lichens and fungi from the Red Data Book of the Murmansk Region and four species from the Red Data Book of the Russian Federation were identified inside the park and in its immediate vicinities. There are 13 regionally red-listed species within the boundaries of the Teriberka Nature Park, two of them listed also in the Red Data Book of the Russian Federation. The most valuable habitats in terms of protecting rare plants, lichens and fungi were identified.