Back Palms Way
Active

Palms Way

Forest City NC 28043

38.39 ac.
Land
Currently for sale - view listing

Overview

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.

Features

38.39 ac. lot size
Land

Property history for Palms Way

2021
Sold
$190,000
25 Jun 2021 by Cristina Grossu, of Realty ONE Group Select

Happy sellers in Forest City

92%
92% of sellers in Forest City reported that their sale price either exceeded or met their price expectations.

Forest City stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 5 reviews in Forest City over the last 12 months.

Local market activity for land plots in Forest City

In the last 12 months, 31 land plots similar to Palms Way, have been sold.

This represents a 3% decrease in land plots sales when compared to the previous 12 months.

© 2026 RateMyAgent