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$650,000 Just Listed
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Property 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 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.
Full Property Details
Full Property Details for 0 Palms Way
General
- Price: $650,000
- Status: Active
- Type: Lots/Land
- Source: Charlotte_Regional_Realtor_Association
- MLS ID: 4358138
- Updated: Today (3/22/2026)
- Added to Site: Today
Additional Information
- Shared Amenities: Clubhouse, Game Court, Outdoor Pool, Pickleball, Picnic Area, Recreation Area, Street Lights, Tennis Court(s)
- Pool: Yes
Exterior
- Exterior Features: Tennis Court(s)
Location
- County: Rutherford
- Subdivision: Brookstone
- Driving 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.
Utilities
- Sewer: Public Sewer, Septic Needed, Tap Fee Required
- Water: City
- Utility Description: Cable Available, Electricity Connected, Natural Gas, Underground Utilities
Lot Features
- Cleared Acres: 35
- Street/Road Desc.: Concrete, Paved
- Lot Features: Cleared, Corner Lot, Cul-De-Sac, Open Lot, Private, Rolling Slope, Wooded, Views
- Rcmdd Zoning: R-15
Financial Considerations
- Terms: Cash, Conventional, Owner Financing
Disclosures and Reports
- Restrictions: Architectural Review, Deed, Manufactured Home Not Allowed, Square Feet, Use
- Property ID: 1644464
- Plat: 28/268
- Lot Number: 2048/306
Listed by Robert Greene Real Estate, Inc
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Price & Sales History for 0 Palms Way
Date
Details
Price
Change
Source
3/22/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 0 Palms Way
Year
Property Taxes
Change
Tax Assessment
Change
2025
$115
20%
$11,000
—
2022
$96
—
$11,000
—
2021
$96
—
$11,000
—
2019
$96
-40%
$11,000
-39%
2018
$161
—
$18,000
—
2017
$161
—
$18,000
—
2015
$161
—
$18,000
—
2014
$161
—
$18,000
—
2013
$161
—
$18,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 0 Palms Way
0 Palms Way, Forest City, NC 28043 (MLS# 4358138) is a Lots/Land property with a lot size of acres. 0 Palms Way is currently listed for $650,000 and was received on March 22, 2026. Want to learn more about 0 Palms Way? Do you have questions about finding other Lots/Land real estate for sale in Forest City? You can browse all Forest City real estate or contact a Coldwell Banker agent to request more information.

