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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
- Price per sq ft
- $135
- Stories
- 2
- Construction
- Brick Veneer, Wood Frame
- Roof
- Architectural Shingle
- Foundation
- Crawl Space
- Water
- Public
- Listed
- Aug 2, 2026
- 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
Directions to 518 Forest Lane
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.
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.
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Recent sales like this nearby
| Home | Sold | Bd / Ba | Sq ft | Price | $ / sq ft |
|---|---|---|---|---|---|
| 310 E Cliff Street, Wallace | Aug 21, 2026 | 3 / 3 | 2,490 | $385,000 | $155 |
Similar size and type, sold in the last 6 months. From Hive MLS records; deemed reliable, not guaranteed.
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Buying in Wallace? Local guides
- Builder Incentives on New Homes near Wilmington, NCWhich Wilmington-area builders are offering closing-cost help, rate buydowns and upgrade credits right now, where they are, and what to ask before you count on one.
- Before You List on the NC Coast: Inspect, Repair or Sell As-Is?What to do before listing a home in Wilmington and the southeastern NC coast: a pre-market inspection, what to fix, credit or disclose, roof/HVAC/insurance questions coastal buyers ask, photos, pricing and offers.
- How Much Are Property Taxes in Wilmington and the NC Coast? (2026-27)County and town property tax rates for New Hanover, Brunswick, Pender, Onslow and Duplin, what they cost on a $400,000 home, the 2027 revaluations to plan for, and tax relief you may qualify for.
Our take on 518 Forest Lane
Written by the Buddy Blake Team from the listing photos and MLS data. Not part of the MLS listing or the listing broker's description.
This two-story property in Wallace was built in 1989 and offers 2,774 square feet of living space across four bedrooms and three bathrooms. An entrance foyer opens into the interior, and bookcases add built-in storage to the rooms. The flooring mixes carpet with parquet. Heating and cooling come from a heat pump with central air, and propane and electric service are both listed.
The property sits on a 0.43-acre corner lot and is not part of a subdivision, so it stands on its own parcel of land. Public utilities serve the site. Parking includes a two-car garage with its entrance facing the side, along with a concrete drive and additional off-street spaces.
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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 10% below the median asking price ($414,900) of the 16 other 4-bedroom listings for sale in Wallace today.
That's about $135 per square foot, compared with a Wallace median asking price of $169 per square foot.
Across ZIP 28466, 50 4-bedroom homes sold in the past year at a median of $402,050.
It has been on the market for 96 days.
Area figures are broad context from the MLS, not a valuation — they don't adjust for condition, lot, views or updates. Ask us for a true comparison.
Buying 518 Forest Lane
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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 November 6, 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?
96 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.