$374,900
4 bd · 3 ba · 2,774 sq ft
518 Forest Lane
Wallace, NC, 28466
Listed 51 days ago
Listed by Johnson Realty
About this home
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.
Facts
- Type
- Single Family Residence
- Year built
- 1989
- Lot
- 0.43 acres
- Garage
- 2 spaces
- County
- Duplin
- MLS #
- 100522809
Features
Inside
- Entrance Foyer
- Bookcases
- Carpet
- Parquet
Outside
- Corner Lot
- None
Parking
- Garage Faces Side
- Concrete
- Off Street
Heating & cooling
- Propane
- Heat Pump
- Electric
- Forced Air
- Central Air
Schools
- Elementary
- Wallace
- Middle
- Wallace
- High
- Wallace-Rose Hill
As listed in the MLS (Duplin). School assignments can change — confirm with the district for this address.
Monthly payment estimate
$2,233/mo
- Principal & interest (30-yr fixed)$2,233
Estimate only. Rate is the national 30-year average (6.95% as of Sep 17, 2026, Freddie Mac); your rate depends on your lender. Homeowners and flood insurance aren't included — on the coast they vary a lot by house, so get a quote early.
Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 513 E Westbrook Street, Wallace | Apr 7, 2026 | 4 / 4 | 2,509 | $373,000 | $149 |
| 413 E Southerland Street, Wallace | Apr 27, 2026 | 3 / 4 | 2,273 | $310,000 | $136 |
| 310 E Cliff Street, Wallace | Aug 21, 2026 | 3 / 3 | 2,490 | $385,000 | $155 |
| 114 W Murphy Street, Wallace | Apr 17, 2026 | 3 / 3 | 2,343 | $311,000 | $133 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
Buying in Wallace? Local guides
- One-Story and Primary-on-Main Homes on the Southeastern NC CoastWhere the one-level homes are from Wilmington to Calabash, what they cost town by town, and what to check before you buy — from current MLS listings.
About 518 Forest Lane
518 Forest Lane is a 4-bedroom, 3-bath home of about 2,774 square feet, built in 1989, on 0.43 acres, Wallace, Duplin County, NC 28466.
At $374,900, it's 25% below the median asking price ($499,000) of the 17 other 4-bedroom listings for sale in Wallace today.
That's about $135 per square foot, compared with a Wallace median of $179.
Across ZIP 28466, 50 4-bedroom homes sold in the past year at a median of $397,450.
It has been on the market for 52 days.
Buying 518 Forest Lane
- See it in person. Pick a time and we'll call to confirm — often same day.
- Talk numbers. Tell us what you'd like to offer. It's non-binding — a licensed agent calls you before anything is written.
- Have a home to sell first? Our guaranteed sale lets you buy with a firm plan for your current home. How it works
Own a home near 518 Forest Lane? See what it's worth — every online estimate side by side, next to real sales in Wallace.
What's my home worth? →Questions about 518 Forest Lane
How much is 518 Forest Lane?
518 Forest Lane is listed at $374,900 (about $135 per square foot) as of September 23, 2026. Status: for sale.
How many bedrooms and bathrooms does 518 Forest Lane have?
4 bedrooms and 3 bathrooms, with about 2,774 square feet.
How long has 518 Forest Lane been on the market?
52 days.
When was 518 Forest Lane built?
1989.
Who is the listing broker for 518 Forest Lane?
Johnson Realty (MLS #100522809). The Buddy Blake Team can show it to you and answer questions.
Can I tour 518 Forest Lane?
Yes. Tap “Schedule a tour,” pick a time, and we'll call to confirm — or call or text (910) 395-1000.