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
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52
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2
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Zillow last checked:
Listing updated:
Listed by:
Emily Macon828-245-2345,
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: 121 days
Listing terms: Cash,Conventional,Owner Financing
Electric utility on property: Yes
Road surface type: Concrete, Paved
Estimated market value
Zestimate®
Not available
Estimated sales range
Not available
Rent Zestimate®
$1,077/mo
Price history
Date
Event
Price
7/16/2026
Price change
$600,000-7.7%
Source: Canopy MLS as distributed by MLS GRID #4358138Report a problem
3/22/2026
Listed for sale
$650,000+242.1%
Source: Canopy MLS as distributed by MLS GRID #4358138Report a problem
6/25/2021
Sold
$190,000-52.4%
Source: Canopy MLS as distributed by MLS GRID #3671836Report a problem
4/18/2021
Contingent
$399,000
Source: Canopy MLS as distributed by MLS GRID #3671836Report a problem
1/17/2021
Price change
$399,000-13.1%
Source: Canopy MLS as distributed by MLS GRID #3671836Report a problem
Source: Canopy MLS as distributed by MLS GRID #NCM529601Report a problem
Hide
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment$1,822
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
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.
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