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4020 Forest Lake Drive SW, Shallotte, NC, 28470

3beds
3baths
2,139sqft
$349,000
$163price/sqft
$2,232/moest. monthly cost
$89,280/yrincome needed

About This Home

Pond-front living in Shallotte! This 3BR/3BA home offers 3 bedrooms and 2 full baths upstairs, with a fully finished lower level featuring an additional full bath and flexible spaces perfect for guest, home office, gym, and or media room. Many updates have already been completed, which include; new flooring, new paint, freshened landscaping (sod), and so much more , making this home move-in ready with room still to make it your own. Enjoy a (newly) fenced in backyard overlooking the pond ideal for relaxing, entertaining, or pets at play. Conveniently located just minutes to shopping, dining, and a short drive to the beach.

Getting Around

0
WalkingCar-Dependent
0
TransitVery Limited Transit
27
BikeSomewhat Bikeable

Schools

10/10
Union ElementaryGrades K-54.3 mi
3/10
Shallotte MiddleGrades 6-81.3 mi
3/10
West Brunswick HighGrades 9-122.7 mi

Construction

Condition

  • Year built: 1991

Materials

  • Foundation: Block,Slab
  • Roof: Metal
  • Construction materials: Composition,Block,Brick,Wood Frame

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Washer,Refrigerator,Dryer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3
  • Full bathrooms: 3

Features

  • Ceiling Fan(s),Blinds/Shades
  • Flooring: LVT/LVP

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Heat Pump

Interior Area

  • Total structure area: 2,139
  • Total interior livable area: 2,139 sqft

Living Room

  • Level: Second

Property

Details

  • Parcel number: 2132e022
  • Zoning: Sh-Ra-15
  • Special condition: Standard

Features

  • Levels: Two
  • Patio & porch: Deck,Patio
  • Fencing: Metal/Ornamental,Back Yard
  • Has view: Yes
  • View description: Pond
  • Has water view: Yes
  • Water view: Pond
  • On waterfront: Yes
  • Waterfront features: None,Pond
  • Frontage type: Pond Front
  • Living area range: 2000 - 2199

Lot

  • Lot size: 0.33 Acres
  • Lot size dimensions: Irregular

Parking

  • Total spaces: 2
  • Parking features: Paved
  • 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
    HurricaneVery High
  • Winter Weather
    Winter WeatherRelatively High
  • Coastal Flooding
    Coastal FloodingModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Tornado
    TornadoModerate
  • Wildfire
    WildfireModerate
  • Tsunami
    TsunamiInsufficient Data

How This Home’s Risks Compare

Hurricane
Winter Weather
Coastal Flooding
Lightning
Strong Wind
Tornado
Wildfire
Tsunami

FEMA Declared Disasters in Brunswick County and North Carolina

Fire
Flood
Hurricane
Mud Landslide
Severe Storm
Tropical Depression
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $1,764$21,168
Home Insurance *$128$1,536
Property Taxes $140$1,680
Electricity $200$2,405
Total$2,232$26,784
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$76,525/yr
40% on housing$66,960/yr
45% on housing$59,520/yr

North Carolina FAIR Plan Programs

North Carolina Joint Underwriting Association - FAIR Plan

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →

NCIUA - Coastal Property Insurance Pool (CPIP)

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 235,990Commercial: 10,165
Total Premiums$278.20M
Total Exposure$57.33B

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.

Insurance Growth Rate5-year average: 8.9%
8.9%
0%30.0%
Electricity Growth Rate10-year average: 4.0%
4.0%
0%15.0%
Property Taxes Growth Rate2-year average: 2.5%
2.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$163This listing

vs Other Active Listings

Avg $/sqft

ZIP 28470$156
Brunswick County$271

vs Homes Sold Last Month

Median $/sqft

ZIP 28470$182
Brunswick County$205

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)

Price History

DateEventPrice
2026-04-29Price change$349,000
2026-04-10Price change$355,000
2026-03-22Listed for sale$370,000
2023-11-22Sold$295,000
2023-10-23Pending sale$310,000
2023-10-09Listed for sale$310,000

For Sale by Agent

AgentTia M Sellers
BrokerageHoney in the Rock Realty

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