Land with Home for Sale in Forest City, North Carolina
450 Washington St, Forest City, NC 28043
Investor and development opportunity in Forest City! This offering includes an existing 3-bedroom, 1.5-bath home on 1.06 acres plus an adjoining 3.79-acre parcel, totaling approximately 4.85 acres. Renovate the existing home for rental income while exploring the additional acreage for future residential development. Zoned R-8 Residential, with potential for additional homesites, subdivision, or duplex development, subject to required evaluations and approvals. The property offers city water, an existing septic system, road frontage, open areas, wooded privacy, established paths, a cleared entrance, and a natural flowing creek. Conveniently located just minutes from downtown Forest City, this is a compelling opportunity for builders, developers, and investors seeking an income-producing property with room for future growth. Buyer to verify development capacity, and all proposed uses with the appropriate agencies.
Location
- Street address
- 450 Washington St
- County
- Rutherford County
- Zip code
- 28043
- Elevation
- 931 feet
Directions
From I-74, take US-221 S toward Forest City. Turn right onto W Main St, then right onto Washington St. Property will be on the right. From downtown Forest City, take W Main St to Washington St. Continue approximately 1 mile to 450 Washington St. Property will be on the right. Look for sign.
Property details
- Acreage
- 4.85 acres
- Zoning
- R8
- MLS #
- CMLS 4374908
- Posted
Parcels
- 1548-44-0012
Legal description
1548-34-8272, 3.84 Acres, Additional parcel conveys
Details and features
Listing
- Type
- Residential
- Subtype
- Single Family Residence
Lot
- Features
- Cleared, Creek/Stream, Flood Fringe Area, Green Area, Level, Private, Wooded
Exterior
- Parking
- Carport, Driveway
- Structures
- Storage
Structure
- Stories
- 1
- Heating
- Heat Pump
- Cooling
- Central Air
- Materials
- Hardboard Siding
- Roof
- Composition
Interior
- Room Count
- 5
- Rooms
- Bathroom x 2, Bedroom x 3
- Flooring
- Carpet, Laminate, Linoleum
- Appliances
- Oven, Refrigerator
- Security
- Security System
Nearby schools
| Name | Type |
|---|---|
| Forest City-Dunbar | Elementary |
| East Rutherford | Middle |
| East Rutherford | High |
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Sept 1, 2026 | Price drop | $250,900 | $24,000 -8.7% | CMLS |
| Aug 6, 2026 | Price drop | $274,900 | $10,000 -3.5% | CMLS |
| July 29, 2026 | Back on market | $284,900 | — | CMLS |
| July 10, 2026 | Under contract | $284,900 | — | CMLS |
| June 17, 2026 | Price drop | $284,900 | $9,100 -3.1% | CMLS |
| June 8, 2026 | Price drop | $294,000 | $5,000 -1.7% | CMLS |
| Apr 28, 2026 | Price drop | $299,000 | $1,000 -0.3% | CMLS |
| Apr 27, 2026 | New listing | $300,000 | — | CMLS |