Primary on Main

Address

518 Forest Lane, Wallace, NC

Listing Type

Active

Price

$ 374,900

Property Attributes

MLS#100522809
TypeSingle Family
Listing Status Active
CountyDUPLIN
CityWallace
AreaNot In Subdivision
NeighborhoodWallace
Zip28466
StyleSingle Family Residence
Year Built1989
Price$ 374,900
Bedrooms4
Full Bathrooms2
Half Bathrooms1
Sqr Footage2774
Lot Size0.43 Acres

Data Source:

Cape Fear REALTORS® - NCRMLS

Property Description

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.

Elementary School	Middle School	High School
Wallace Elementary School	Wallace Middle School	Wallace-Rose Hill High School

Price History
8/2/2025	Listed $429,900
9/14/2025	5$409,900
10/6/2025	3$399,999
4/12/2026	7$374,900

General Features

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,Wood Frame
Year Built	1989
View	None
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	No
Property Type	Residential
In City Limits? (Y/N)	Yes
HOA	No
Attached Garage	Yes
Subdivision Name	Not In Subdivision
Garage Y/N	Yes
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	No
Elementary School	Wallace
Property Attached Y/N	No
Land Lease Y/N	No
Home Warranty Y/N	No
Middle/Junior High School	Wallace
Lease Considered Y/N	No
Structure Type	Wood Frame,Stick Built
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

Interior Features

Interior Amenities	Entrance Foyer,Bookcases
Basement	None
Flooring	Carpet,Parquet
Furnished Y/N	Unfurnished
Water Heater	Propane
Master Bed Level	Non Primary Living Area
Total Stories	2
Basement (Y/N)	No
Air Conditioning Y/N	Yes
Heating Y/N	Yes
Fireplace Y/N	No
Half Baths	1
Laundry Features	Dryer Hookup,Washer Hookup
Total Bedrooms	4
Entry Level	1
Room Type	Master Bedroom,Bedroom 1,Bedroom 2,Bedroom 3,Living Room,Dining Room,Dining Area,Family Room,Laundry,Bonus Room
Total Baths	3
Living Area Range	2600 - 2799
SmokingYN	No

Exterior Features

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	No
Building Area Total	2774.0
Lot Dimensions	see map in GIS docs
Lot Size Acres	0.43
Frontage Type	See Remarks
Waterfront Y/N	No
Road Frontage Type	City Street,State Road
Crops Included Y/N	No
Horse Y/N	No