Single Family Residence at 518 Forest Lane, Wallace, NC 28466
1 photo

$374,900

518 Forest Lane, Wallace, NC 28466
Wallace, NC 28466
Listed by Valerie R Johnson · Johnson Realty
Bedrooms
4
Bathrooms
2.5
Living area
2,774 sqft
Year built
1989

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.

Property details

MLS
Hive MLS
MLS #
100522809
Property type
Single Family Residence
Subdivision
Not In Subdivision
Status
Active
Days on market
441
On market date
August 2, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
2
Parking spaces
2
Lot size
0.43 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Wallace Elementary
0.84 mi away · Grades -1-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
1,165
Student:teacher ratio
16.2:1
District
Duplin County Schools
Middle
None found nearby
High
Wallace-Rose Hill High
2.09 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
711
Student:teacher ratio
17.8:1
District
Duplin County Schools

Walkability

Blended score for Wallace's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). 60% EPA National Walkability Index + 40% nearby-amenity density (Google Places).

59
Somewhat walkable
out of 100
EPA National Walkability Index
9.2 / 20 -- Below average walkable
Google Places amenity density
78 / 100
Restaurants & cafes18
Grocery stores5
Parks2
Schools1
Transit stops1
Pharmacies2

Mortgage calculator

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Est. monthly payment
$2,408/mo
$74,980 down
$299,920 loan
Principal & interest$1,945
Property tax (est.)$312
Home insurance (est.)$150

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Data source: Listing information provided by Hive MLS via Trestle/CoreLogic. Last updated August 19, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.