518 Forest Lane Wallace, NC $ 399,999
518 Forest Lane
$ 399,999
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518 Forest Lane

Wallace, NC, 28466
$ 399,999
Bedrooms4 Baths2.1 Sq 2,774

Monthly Estimate*

$ 2,495

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Single Family Home for sale in Wallace, NC

for $399,999 with 4 bedrooms and 2 full baths, 1 half bath. This 2,774 square foot home was built in 1989 on a lot size of 0.43.

This stately brick veneer home sits on a corner lot in the town of Wallace, NC. Step inside the inviting foyer and you will see yourself living here for years to come. To your right, the formal living room is perfect for entertaining lots of family and neighbors this holiday season. The living room flows to a formal DR which flows into the kitchen creating that wonderful traffic circle for easy flow of people while entertaining guests. Should you need a home office, the dining room is easily suitable for that purpose as an alternative use. The custom U shaped kitchen features stunning ceiling height cabinetry, rare parquet flooring, and a built in work station. A large den features built in bookshelves, wood paneling and parquet flooring as well. The main living level includes a half bath and a large laundry room. Upstairs three generous sized bedrooms share a hall bath. A fourth bedroom serves as the master suite complete with ensuite bath and tons of closet space. A versatile bonus room being approx 14x32 is not presently heated or cooled, could be used as a fifth bedroom, playroom, or gym with the replacement of the wall mounted mini split unit. This would offer even more living space or great storage. A two car garage offers storage and parking outside while a partially fenced in yard is perfect for pets. A detached storage building needs your TLC, but offers great space for a man cave, or she shed. Located in walking distance to the football stadium, restaurants, and shopping areas you will enjoy all Wallace has to offer. Duplin Co. Tax reevaluation occurred in 2025. Please contact tax office for 2025 tax values and rates /costs. This home will be an as is sale. Owners will consider concessions in lieu or repairs.

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Single Family Active

Price

$ 399,999

Bedrooms

4

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Single Family Residence

Lot Size

0.43

Year Built

1989

Town/City

Wallace

County/Region

Duplin

MLS | Web ID

100522809

Features
General
Living Area 2774.0
Heating Propane Heat Pump Electric Forced Air
Cooling Central Air Heat Pump
Utilities Sewer Connected
Possession Close Of Escrow At Closing
Roof Architectural Shingle
Zoning r-10
Garage Spaces 2.0
Patio/Porch Features Covered Deck Porch
Construction Materials Brick Veneer
Year Built 1989
Stories Count 2
Levels Two
Property Subtype Single Family Residence
Tax Year 2023
Parcel Number 093322
Accessibility None
County Duplin
Operating Expense 0.0
New Construction N
Property Type Residential
In City Limits? (Y/N) Y
HOA N
Attached Garage N
Subdivision Name Not In Subdivision
Garage Y/N N
Total Rooms 9
Full Baths 2
Status Active
Directions Take Hwy 117 N in Wallace to Westbrook St ( Jif-A Mart will be on your right). Turn Right . Follow Westbrook Street and come to stop sign. Home will be on the corner to your right.
High School Wallace-Rose Hill
City Wallace
High School District Duplin
Lot Size Units Acres
Lot Size Square Feet 18731.0
Carport Spaces 0.0
Carport Y/N N
Elementary School Wallace
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Middle/Junior High School Wallace
Lease Considered Y/N N
Structure Type Wood Frame
Living Area Units Square Feet
Standard Status Active
Tax Assessed Value 364800
Legal Description lots 26 and 27 on map of Subdivision of HF Boney July 1952
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Interior
Interior Amenities Entrance Foyer Bookcases
Basement None
Flooring Carpet Parquet
Furnished Y/N Unfurnished
Water Heater Propane
Fireplace Features None
Master Bed Level Non Primary Living Area
Basement (Y/N) N
Air Conditioning Y/N Y
Heating Y/N Y
Fireplace Y/N N
Half Baths 1
Laundry Features Dryer Hookup Washer Hookup
Total Bedrooms 4
Room Type Dining Room
Total Baths 3
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Exterior
Exterior Finish Brick Veneer
Fencing Partial Back Yard Wood
Parking Features Garage Faces Side Concrete Off Street
Lot Features Corner Lot
Water Source Public
Total Parking 2.0
Lot Size Area 0.43
Foundation Details Crawl Space
Spa N
Building Area Total 2774
Lot Dimensions see map in GIS docs
Lot Size Acres 0.43
Waterfront Y/N N
Road Frontage Type City Street State Road
Crops Included Y/N N
Horse Y/N N
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Internal Only
Street Number 1 518
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* Excluded Features
List By
Valerie R Johnson

Listing Agent

Johnson Realty

Broker

valerie@johnsonrealtync.com

Email

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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4736318 Elementary School
5040522 Middle School
Wallace-Rose Hill High School High School
Pricing History
DatePricePrice ChangeDescription
10/6/2025$399,999 -2.42% Price Down
9/14/2025$409,900 -4.65% Price Down
8/2/2025$429,900 Listed Price

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518 Forest Lane, Wallace, NC, 28466 is a Single Family Home for sale at $399,999 with 2,774 sqft and a lot size of 0.43. 518 Forest Lane has 4 bedrooms, 2.1 baths, and was built in 1989. The property's zip code is 28466 which is in Wallace, NC