




518 Forest Lane, Wallace, NC, 28466
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.
Getting Around
Schools
Construction
Condition
- Year built: 1989
Materials
- Foundation: Crawl Space
- Roof: Architectural Shingle
- Construction materials: Brick Veneer,Wood Frame
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Laundry features: Dryer Hookup,Washer Hookup
Basement
- Basement: None
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Features
- Entrance Foyer,Bookcases
- Flooring: Carpet,Parquet
Heating & Cooling
- Heating features: Propane,Heat Pump,Electric,Forced Air
- Cooling features: Central Air,Heat Pump
Interior Area
- Total structure area: 2,774
- Total interior livable area: 2,774 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 093322
- Zoning: r-10
- Special condition: Standard
Features
- Levels: Two
- Stories: 2
- Patio & porch: Covered,Deck,Porch
- Fencing: Partial,Back Yard,Wood
- Has view: Yes
- View description: See Remarks
- Frontage type: See Remarks
- Living area range: 2600 - 2799
Lot
- Lot size: 0.43 Acres
- Features: Corner Lot
- Lot size dimensions: see map in GIS docs
Parking
- Total spaces: 2
- Parking features: Garage Faces Side,Concrete,Off Street
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Hurricane
- Winter Weather
- Lightning
- Tornado
- Heat Wave
- Inland Flooding
- Ice Storm
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters in Duplin County and North Carolina
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,895 | $22,740 |
| Home Insurance * | $249 | $2,988 |
| Property Taxes | $462 | $5,544 |
| Electricity | $258 | $3,100 |
| Total | $2,864 | $34,368 |
Income You'd Need if You Spent...
North Carolina FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-04-12 | Price change | $374,900 |
| 2025-10-06 | Price change | $399,999 |
| 2025-09-14 | Price change | $409,900 |
| 2025-08-02 | Listed for sale | $429,900 |
| 2004-11-09 | Sold | $237,000 |
