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Land for Sale in Forest City, North Carolina

Palms Way, Forest City, NC 28043

$650,000
38.4 acres
Active sale
ago
Est $4,720/mo

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.

Location

Street address
Palms Way
Community
Brookstone
Elevation
1,004 feet
Coordinates
35.3551, -81.8867

Directions

Use 0 Palms Way as GPS reference. From HWY 74 take the first Forest City exit (Broadway). Go to Main Street, take a left. Continue to Hudlow Rd, take right. See Brookstone subdivision on the left. No sign.

Property details

Acreage
38.39 acres
Zoning
R-15
MLS #
CMLS 4358138
Posted

Parcels

  • 1644464

Legal description

Details and features

Listing

Type
Land
Zoning
Resi

Lot

Features
Cleared, Corner Lot, Cul-De-Sac, Open Lot, Private, Rolling Slope, Views, Wooded

Exterior

Features
Tennis Court(s)

Structure

Sewer
Public Sewer, Septic Needed

Listing history

DateEventPriceChangeSource
Mar 22, 2026New listing$650,000CMLS
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This 38.39-acre property is located at Palms Way in Forest City, NC 28043. The property is available for sale for $650,000 with a price per acre of $16,931.

Checked 1 hour ago — Updated

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