
Land for Sale in Forest City, North Carolina
Palms Way, Forest City, NC 28043
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
- County
- Rutherford County
- Community
- Brookstone
- Elevation
- 1,004 feet
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
The Palms Open Space PB 28 PG 268-270
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
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Mar 22, 2026 | New listing | $650,000 | — | CMLS |





















