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Active
$374,900 Est. $2,583/mo — Get pre-qualified
4beds 2.5baths 2,774sq ft 0.43acres

518 Forest Lane · Wallace, NC 28466

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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.

Features & Amenities

Living Area2,774 Sq.Ft.
Bedrooms4
Baths2.5
HeatingPropane, Heat Pump, Electric, Forced Air
CoolingCentral Air, Heat Pump
FlooringCarpet, Parquet
FireplaceNo
Interior FeaturesEntrance Foyer, Bookcases
LaundryDryer Hookup, Washer Hookup
StyleSingle Family Residence
Year Built1989
ConstructionBrick Veneer, Wood Frame
RoofArchitectural Shingle
FoundationCrawl Space
ParkingGarage Faces Side, Concrete, Off Street
StatusActive
Lot Size0.43 Acres
Lot FeaturesCorner Lot
SubdivisionNot In Subdivision
CountyDUPLIN
Last UpdatedOct 9, 2026
UtilitiesSewer Connected
Water SourcePublic
HOANo
ElementaryWallace Elementary School
MiddleWallace Middle School
HighWallace-Rose Hill High School
Presented By: Johnson Realty; valerie@johnsonrealtync.com

Location

Property boundary from county GIS

Neighborhood Snapshot

U.S. Census Bureau, ACS 5-year estimates

Neighborhood data describes this home's U.S. Census tract and is provided for information only. Statistics describe an area, not any individual property or its residents.

Pricing History

DateEventPriceChange
Aug 2, 2025 Price Change $429,900 —
Sep 14, 2025 Price Change $409,900 5
Oct 6, 2025 Price Change $399,999 3

Monthly Cost Estimate

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* Estimates only. Actual rates, payments, and terms vary. Consult a licensed mortgage professional.

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Last Updated: Oct 9, 2026