1,672,268 / 38.39
Lot Size / Acres

Description

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...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.
  1. Listed by Dave Long • Robert Greene Real Estate, Inc
    P: (828)-289-2264 C: (828)-289-2264 davelong2264@gmail.com

Property Details for 0 Palms Way

Community Features
Clubhouse, Game Court, Outdoor Pool, Pickleball, Picnic Area, Recreation Area, Street Lights, Tennis Court(s)
Subdivision Name
Brookstone
LISTING UPDATED: 03/22/2026 04:55 PM

Property Details for 0 Palms Way

StatusActive
MLS #4358138
Days on Market61
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeLand
MLS TypeLand / Lot
Year Built-
Lot Size38.39 AC
CountyRutherford County

Location

Listing Courtesy of Robert Greene Real Estate, Inc
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Building Information for 0 Palms Way

Lot Size38.39 AC

Payment Calculator

$3,239 per month

30 year fixed, 6.36% Interest

Principal and Interest

$3,239

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 0 Palms Way

Summary
Location and General Information
  • Road Frontage Type: City Street, County Road, Private Road
  • Longitude: -81.886747
  • Zoning: R-15
  • Latitude: 35.355113
  • 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.
Taxes and HOA Information
  • HOA YN: No
  • HOA Subject To: None
  • HOA Subject To Dues: No
  • Tax Assessed Value: $.00
  • Parcel Number: 1644464
  • City Taxes Paid To: Forest City
School Information
  • Middle Or Junior School: Unspecified
  • High School: Unspecified
  • Elementary School: Unspecified
Parking
  • Parking: Open Parking YN: No
  • Parking: Carport YN: No
Property
Lot Information
  • Wooded Area: 3.39
  • Below Grade Finished Area: 0.0
  • Acres Cleared: 35.0
  • Sq Ft Building Minimum: 1800
  • Lot Features: Cleared, Corner Lot, Cul-De-Sac, Open Lot, Private, Rolling Slope, Wooded, Views
  • Lot Size Units: Acres
  • Possible Use: Development, Private Estate, Residential, Subdevelopment, Other - See Remarks
  • Property Type: Land
Property and Assessments
  • Geocode Confidence: Low
  • Photos Count: 22
  • Road Responsibility: Publicly Maintained Road
  • Additional Parcels Description: See attached list
  • Senior Community YN: No
  • Plat Book Slide: 28/268
  • Restrictions: Architectural Review, Deed, Manufactured Home Not Allowed, Square Feet, Use
  • Restrictions Description: See CCR's attached
Utilities
  • Sewer: Public Sewer, Septic Needed, Tap Fee Required
  • Utilities: Cable Available, Electricity Connected, Natural Gas, Underground Utilities
  • Water Source: City
Interior and Exterior Features
Exterior Features
  • Exterior Features: Tennis Court(s)
  • Pool Features: Fenced, In Ground, Outdoor Pool, Salt Water
  • Pool Private YN: Yes
  • Road Surface Type: Concrete, Paved
Interior Features
  • Habitable Residence YN: No
Rental
Rent Information
  • Lease Considered YN: No

Property History for 0 Palms Way

DateEvent & SourcePriceAppreciation
Mar 22, 2026

Listed (Active)

CANOPY #4358138

$650,000—
Jun 25, 2021

Closed

CANOPY #3671836

$190,000—
Apr 17, 2021

Under Contract-No Show

CANOPY #3671836

—
DateEvent & SourcePrice
03/22/2026

Listed (Active)

CANOPY #4358138

$650,000
06/25/2021

Closed

CANOPY #3671836

$190,000
04/17/2021

Under Contract-No Show

CANOPY #3671836

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 0 Palms Way

This home is within Rutherford County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 13
Rating
School
Distance
Forest City-Dunbar Elementary School
PublicPK to 5

East Rutherford Middle School
Public6 to 8

East Rutherford High School
Public9 to 12

Rutherford Early College High School
Public9 to 13

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

0 Palms Way is a 38.39 ac of land for sale in Forest City, NC 28043. This property was listed for sale on March 22, 2026 by Robert Greene Real Estate, Inc, it's currently listed at $650,000. It has been on the market for a total of 61 days and was last sold on June 25, 2021. This listing's school district is Rutherford County School District. Nearby schools include Forest City-Dunbar Elementary School, East Rutherford Middle School and East Rutherford High School. 0 Palms Way is a 0-bed, 0-bath, 38.39 ac of land on a 1,672,268 sq. ft. / 38.39 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Robert Greene Real Estate, Inc

Based on information submitted to the MLS GRID as of 03/22/2026 04:55 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Properties displayed may be listed or sold by various participants in the MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed by MLS GRID. Use of the MLS GRID data may be subject to an end user license agreement prescribed by the applicable MLS of the Member Participant, if any, and as amended from time to time.