For Sale $79,000
Bring your vision and renovation expertise to this 2-bedroom, 1-bathroom home offering approximately 1,176 square feet of living space on a spacious 0.84-acre lot. This property is ready for a major renovation and presents an excellent opportunity for investors, flippers, or buyers looking to create a home from the ground up to their own specifications. The existing layout provides a solid starting point, while the generous lot offers plenty of room for outdoor improvements and future possibilities, subject to applicable zoning and permitting. With the right renovations, this property has the potential to be transformed into a beautiful residence or profitable investment. Listing Firm does not hold EMD. This is an entry only listing.
| List Price: | $79,000 |
| Status: | For Sale |
| Bedrooms: | 2 |
| Type: | Single Family Residence |
| Approx Sq. Ft.: | 1176 sqft |
| Parking: | On Street |
| MLS Number: | CAR4413802 |
| Subdivision: | none |
| Bathrooms: | 1 |
| Year Built: | 1910 |
| Sewer Type: | Public Sewer |
| Elementary: | Forest City-Dunbar |
| Middle: | East Rutherford |
| High: | East Rutherford |
| Date | Event | Price | $/SQFT |
| 08-13-2026 | Listed | $79,000 | $68 |
| 01-17-2026 | Price Decrease | $294,000-1.67% | $250 |
| 12-19-2025 | Price Decrease | $299,000-1.97% | $255 |
| 11-03-2025 | Listed | $305,000 | $260 |
These schools are only nearby your property search, you must confirm exact assigned schools.
| School Name | Distance | Grades | Rating |
| Forest City-Dunbar Elementary School | 1 miles | PK-05 | 4 |
| Forrest W. Hunt Elementary School | 3 miles | PK-05 | 8 |
| Spindale Elementary School | 4 miles | PK-05 | 6 |
| Harris Elementary School | 4 miles | PK-05 | 7 |
| Ellenboro Elementary School | 5 miles | PK-05 | 7 |
| Mt. Vernon-Ruth Elementary School | 6 miles | PK-05 | 5 |
Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Status | List Price | Days on Market |
| 249 Cherry Mountain Street, Forest City NC | 0 mi | $79,000 | days | |
| 136 Broadway Street, Forest City NC | 0.4 mi | $249,900 | days | |
| 144 Broadway Street, Forest City NC | 0.4 mi | $199,900 | days | |
| 303 Elizabeth Avenue, Forest City NC | 0.4 mi | $369,000 | days | |
| 236 Elizabeth Avenue, Forest City NC | 0.4 mi | $264,500 | days | |
| 154 Broadway Street, Forest City NC | 0.4 mi | $250,000 | days |
Mileage is an estimation calculated from the property results address of your search. Driving time will vary from location to location.
| Street Address | Distance | Property Type | Sold Price | Property Details |
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| Down Payment Amount | $990,000 |
| Mortgage Amount | $3,960,000 |
| Monthly Payment (Principal & Interest Only) | $19,480 |
* Expand Calculator (incl. monthly expenses)
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| H.O.A. / Maintenance |
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| Property Insurance |
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| Total Monthly Payment | $20,941 |
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Source is provided by local and state governments and municipalities and is subject to change without notice, and is not guaranteed to be up to date or accurate.
A Courtesy Listing Provided By The Brown Keys Real Estate
249 Cherry Mountain Street, Forest City NC is a 1176 ft2 on a 0.840 acres Appraisal lot. This is for $79,000. This has 2 bedrooms, 1 baths, and was built in 1910.
Based on information submitted to the MLS GRID as of 2026-08-13 21:58:09 EST. 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. Some IDX listings have been excluded from this website.
Properties displayed may be listed or sold by various participants in the MLS.
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