For Sale $295,000
Incredible Redevelopment Opportunity on 1.54 Acres in Forest City, NC! Formerly used as a rest home, this pretty acreage features a large, multi-room building brimming with potential. The main building offers 14 bedrooms, 4 fully handicap-accessible full baths, 2 half handicap-accessible baths, a commercial-grade kitchen, spacious dining area, welcoming reception area, dayroom, chapel, & more. A separate laundry facility with commercial washers & dryers is conveniently located outside the rear entrance. While the structure needs renovations; the size, layout, & infrastructure present a rare chance to create a wide range of potential uses including (but not limited to): Assisted Living Facility, home for Veterans, Short-Term Rehabilitation or Wellness Center. Zoning & intended uses should be verified by the buyer. With ample square footage & land in a quiet yet accessible location, this unique property is primed for transformation by an investor or organization with a vision.
List Price: | $295,000 |
Status: | For Sale |
Bedrooms: | 14 |
Type: | Single Family Residence |
Approx Sq. Ft.: | 8876 sqft |
Parking: | Driveway, Parking Lot |
MLS Number: | CAR4259387 |
Subdivision: | None |
Style: | Other |
Bathrooms: | 6 |
Lot Description: | Level |
Year Built: | 1965 |
Sewer Type: | Septic Installed |
Elementary: | Unspecified |
Middle: | Unspecified |
High: | Unspecified |
Date | Event | Price | $/SQFT |
07-29-2025 | Price Decrease | $295,000-4.84% | $34 |
06-25-2025 | Listed | $310,000 | $35 |
These schools are only nearby your property search, you must confirm exact assigned schools.
School Name | Distance | Grades | Rating |
Forest City-Dunbar Elementary School | 2 miles | PK-05 | 4 |
Spindale Elementary School | 4 miles | PK-05 | 6 |
Mt. Vernon-Ruth Elementary School | 4 miles | PK-05 | 5 |
Forrest W. Hunt Elementary School | 5 miles | PK-05 | 8 |
Ellenboro Elementary School | 6 miles | PK-05 | 7 |
Rutherfordton Elementary School | 6 miles | PK-05 | 7 |
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 |
324 Horn Bottom Road, Forest City NC | 0 mi | $295,000 | days | |
406 Rock Corner Road, Forest City NC | 0.5 mi | $229,000 | days | |
438 Forest Lake Road, Forest City NC | 0.5 mi | $259,900 | days | |
114 Aqua Drive, Forest City NC | 0.6 mi | $325,000 | days | |
381 Mountain View Street, Forest City NC | 0.9 mi | $230,000 | days | |
169 Greenbriar Drive, Forest City NC | 1 mi | $349,900 | 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)
Property Taxes |
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H.O.A. / Maintenance |
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Property Insurance |
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Total Monthly Payment | $20,941 |
Occupancy Types |
Transportation to Work |
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 Oak and Willow Realty LLC
324 Horn Bottom Road, Forest City NC is a 8876 ft2 on a 1.540 acres Level lot. This is for $295,000. This has 14 bedrooms, 6 baths, and was built in 1965.
Based on information submitted to the MLS GRID as of 2025-06-25 09:31:54 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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