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Active
  • Price cut: $50K (7/16)
    $600,000

    0 Palms Way, Forest City, NC 28043

    --beds
    --baths
    38.39Acres
    Unimproved Land
    Built in ----
    38.39 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    This exceptional developed subdivision in Forest City, North Carolina offers a rare investment and development opportunity across ~38 acres. The property includes 29 individual parcels, making it ideal for developers, investors, or builders looking to complete a thoughtfully planned residential community. Much of the groundwork has already been completed; with utilities available including water, natural gas, w/some sewer access, and streets with curbing, drainage and lighting, all significantly reducing upfront development costs and timelines. The layout provides flexibility for a variety of residential home styles while maintaining the charm and appeal of a small-town setting. Located in a growing area known for its scenic surroundings and convenient access to nearby amenities, the property combines development readiness with strong long-term potential. With demand increasing for quality housing in the region, this subdivision represents a strategic opportunity to bring a desirable community to market. Whether you're a developer seeking a ready-to-finish project, an investor looking for long-term value, or a builder wanting multiple mature homesites, this Forest City subdivision offers the scale, infrastructure, and location to make your vision a reality.
    121 days
    |
    52
    |
    2
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Emily Macon 828-245-2345,

    Robert Greene Real Estate, Inc,

    Robert Greene,

    Robert Greene Real Estate, Inc

    Source: Canopy MLS as distributed by MLS GRID,MLS#: 4358138MLS Logo

      Facts & features

      Interior

      Interior area
      • Finished area below ground: 0

      Property

      Features
      • Exterior features: Tennis Court(s)
      • Has private pool: Yes
      • Pool features: Community, Fenced, In Ground, Outdoor Pool, Salt Water
      Lot
      • Size: 38.39 Acres
      • Features: Cleared, Corner Lot, Cul-De-Sac, Open Lot, Private, Rolling Slope, Wooded, Views
      Details
      • Additional parcels included: See attached list
      • Parcel number: 1644464
      • Zoning: R-15
      • Special conditions: Standard

      Utilities & green energy

      • Sewer: Public Sewer, Septic Needed, Tap Fee Required
      • Water: City
      • Utilities for property: Cable Available, Electricity Connected, Underground Utilities

      Community & HOA

      Community
      • Features: Clubhouse, Game Court, Picnic Area, Recreation Area, Street Lights, Tennis Court(s)
      • Subdivision: Brookstone
      Location
      • Region: Forest City

      Financial & listing details

      • Date on market: 3/22/2026
      • Cumulative days on market: 121 days
      • Listing terms: Cash,Conventional,Owner Financing
      • Electric utility on property: Yes
      • Road surface type: Concrete, Paved

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $1,077/mo

        Price history

        DateEventPrice
        7/16/2026Price change$600,000-7.7%
        Source: Canopy MLS as distributed by MLS GRID #4358138 Report a problem
        3/22/2026Listed for sale$650,000+242.1%
        Source: Canopy MLS as distributed by MLS GRID #4358138 Report a problem
        6/25/2021Sold$190,000-52.4%
        Source: Canopy MLS as distributed by MLS GRID #3671836 Report a problem
        4/18/2021Contingent$399,000
        Source: Canopy MLS as distributed by MLS GRID #3671836 Report a problem
        1/17/2021Price change$399,000-13.1%
        Source: Canopy MLS as distributed by MLS GRID #3671836 Report a problem
        10/11/2020Listed for sale$459,000+19.2%
        Source: Realty ONE Group Select #3671836 Report a problem
        4/1/2015Listing removed$385,000
        Source: Compass Real Estate Group #3038342 Report a problem
        9/30/2014Listed for sale$385,000+43.7%
        Source: Compass Real Estate Group #3038342 Report a problem
        8/8/2013Sold$267,949
        Source: Canopy MLS as distributed by MLS GRID #NCM529601 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Estimated monthly payment$1,822
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 28043

        Getting around

        17 / 100
        Car-Dependent
        15 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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