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.
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
- 169 days
- 39
- 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#: 4358138
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: 169 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
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Price change | $600,000-7.7% |
Source: | ||
| 3/22/2026 | Listed for sale | $650,000+242.1% |
Source: | ||
| 6/25/2021 | Sold | $190,000-52.4% |
Source: | ||
| 4/18/2021 | Contingent | $399,000 |
Source: | ||
| 1/17/2021 | Price change | $399,000-13.1% |
Source: | ||
| 10/11/2020 | Listed for sale | $459,000+19.2% |
Source: Realty ONE Group Select #3671836 Report a problem | ||
| 4/1/2015 | Listing removed | $385,000 |
Source: Compass Real Estate Group #3038342 Report a problem | ||
| 9/30/2014 | Listed for sale | $385,000+43.7% |
Source: Compass Real Estate Group #3038342 Report a problem | ||
| 8/8/2013 | Sold | $267,949 |
Source: | ||
Public tax history
Tax history is unavailable.






