Property listing for 149 Woodbriar St, Forest City, NC 28043
For SaleSingle Family Home

$439,000

149 Woodbriar St, Forest City, NC 28043

Custom Colonial on Nearly an Acre — Basement Apartment & Heated Attic

5 Bed · 3.5 Bath · 3,602 Sq Ft

5-bed, 3.5-bath Colonial with rental potential just 0.5 miles from downtown

5

Beds

3.5

Baths

3,602

Sq Ft

1973

Built

0.89 acres

Lot

2-car attached

Garage

About 149 Woodbriar St

Set on a level 0.89-acre lot in Forest City, this custom-built Colonial from 1973 presents distinctive, large-scale living with flexible spaces for a modern household. From the street the house reads as classic Colonial proportion; inside, generous room sizes and original craftsmanship combine with thoughtful upgrades — a roomy great room, a cozy den centered on a wood-burning fireplace, and formal rooms that still feel conversational rather than formalized. The main floor also includes a dedicated office and a breakfast nook adjacent to a large kitchen with abundant cabinetry and workspace.

The lower level is a standout: a finished basement laid out as a private apartment with its own sunroom and workshop area, ideal for extended family, guest quarters, or rental income. Above, a heated attic adds more than 400 square feet of usable area — perfect for a hobby studio, home gym, or storage that’s actually accessible and comfortable year-round. Overall the home offers 3,602 square feet of living area across two stories plus basement and attic, giving room to grow without sacrificing intimacy.

Practical systems include heat-pump heating and cooling and an attached two-car garage with additional driveway parking. The shingle roof and wood-frame construction reflect the home’s era; the property condition is reported as good, though buyers should review systems and roof as part of routine due diligence. The generous lot is level and largely private for a town setting — gardening, play areas, or a future pool site could all be accommodated with ease.

Location is a key asset. At roughly 0.5 miles to downtown Forest City, residents are a short walk or quick drive from the Pavilion on Park Square, local restaurants and boutiques, and the Rutherford County Library. Forest City-Dunbar Elementary is highly rated locally, while middle and high schools are average; this mix makes the house appealing to families seeking a strong elementary school and central town access.

With an assessed value below the most recent market midpoint and valuation estimates centering near $439,000, the home offers an appealing combination of scale, versatility, and downtown proximity. Whether you’re looking for a multi-generational layout, income from the basement apartment, or a large single-family homestead within easy reach of town amenities, 149 Woodbriar St. is a rare, well-located offering. Schedule a tour and see how the house’s volume, light, and flexible spaces match your needs.

Home Highlights

Basement apartment with private sunroom and workshopHeated attic providing 400+ sq ft of flexible spaceLarge, level 0.89-acre lot close to downtown5 bedrooms and 3.5 bathrooms across 3,602 sq ftAttached 2-car garage and additional driveway parkingHeat pump heating and coolingAssessed value of $383,500 with market midpoint near $439,000

Property Features

Interior Features

  • 5 bedrooms, 3.5 bathrooms
  • 3,602 sq ft of living space
  • Great room and formal living/dining areas
  • Den with wood-burning fireplace
  • Large kitchen with extensive cabinetry
  • Breakfast nook and dedicated office
  • Finished basement with private apartment
  • Sunroom off basement apartment
  • Heated attic — 400+ sq ft of usable space
  • Workshop area in basement

Exterior & Lot

  • 0.89-acre level lot
  • Attached 2-car garage plus driveway parking
  • Shingle roof
  • Wood-frame construction
  • Standard residential driveway access from Woodbriar St
  • Municipal water and sewer
  • Duke Energy electric service

Location & Neighborhood

  • 0.5 miles to Downtown Forest City
  • 0.6 miles to Forest City Pavilion on Park Square
  • 0.7 miles to Rutherford County Library
  • Forest City-Dunbar Elementary (highly rated)
  • Located in Rutherford County
  • Short drive to McCall Drive (0.1 miles)

Walkability & Recreation

  • Walkability Rating: 72/100 — Some errands and downtown amenities within walking distance
  • Nearby parks and community green spaces
  • Short walks to local shops and restaurants
  • Local community events at Park Square
  • Easy access to regional roads for longer drives and outdoor recreation

Neighborhood & Location

This property sits on a quiet residential street less than a half-mile from downtown Forest City, where weekly events, locally owned restaurants, and independent shops define the town’s character. Residents enjoy easy access to the Pavilion on Park Square and the Rutherford County Library, plus strong neighborhood ties and walkable short errands. The area combines small-town warmth with practical access to regional roads and services, making it attractive to families seeking a strong elementary school and owners who value proximity to town gatherings and cultural venues.

Market Insights

Forest City is currently tilting toward buyers: area-wide metrics show longer selling periods (average days on market ~104) and only modest annual appreciation (about 4% last year; roughly 15% over five years). The neighborhood’s median sale price sits near $235,000, but larger custom single-family homes—especially those with acreage and accessory rental potential—trade at a premium. Comparable sales analysis for this property type yields a price-per-square-foot near $122 and an estimated value range between $386,000 and $492,000; the midpoint is approximately $439,000. Inventory has been higher than in hot markets, giving buyers negotiating leverage, while sellers of distinctive, roomy homes still attract buyers seeking long-term value and rental upside. For investors or owner-occupants, the finished basement apartment (estimated rental potential reflected in area rent comps) provides meaningful gross-yield possibilities—local rental models suggest monthly income that supports a solid cash-flow scenario. In short: this is a buyer-friendly window to secure a large, well-located single-family property with built-in flexibility and upside, but due diligence on aging systems and upgrades is advised given the 1973 construction date.

Nearby Schools

Forest City-Dunbar Elementary School

Elementary

9/10

East Rutherford Middle School

Middle

3/10

East Rutherford High School

High

5/10

Walkability & Recreation

72
Walkability
65
Recreation

Good local access to parks and community green spaces with downtown Park Square events nearby; regional outdoor options are a short drive away for hiking, biking, and water-based recreation.

Investment Highlights

  • Spacious 5-bedroom, 3.5-bathroom Colonial-style home with 3,602 sq ft
  • Basement apartment with sunroom and workshop offers rental potential
  • Heated attic provides over 400 sq ft of flexible space
  • Located 0.5 miles from downtown Forest City amenities
  • Assessed value of $383,500 suggests potential for appreciation

Key Findings

  • Built in 1973 with custom craftsmanship
  • Current assessed value: $383,500
  • Lot size: 0.89 acres
  • Proximity to downtown Forest City: 0.5 miles
  • Basement level designed as a private apartment

Things to Consider

  • Built in 1973 — potential for aging systems requiring updates
  • Middle and high schools have average ratings
  • Buyer's market with longer days on market

Opportunity Analysis

Spacious Colonial-style home with unique features and proximity to downtown amenities offers strong value with potential for appreciation.

Potential Use Scenarios

  • Consider as a primary residence with ample space for family
  • Explore rental income potential from basement apartment
  • Plan for updates to aging systems given 1973 construction

Risk Factors

  • Potential maintenance costs due to age of property
  • Average ratings for middle and high schools
  • Longer days on market in current buyer's market

Buyers should conduct independent due diligence before making any purchase decisions.

AI Valuation Estimate

Low

$386K

Midpoint

$439K

High

$492K

$122/SF estimated price per square foot

82% confidence

Sales comparison approach using comparable sales within the area. Adjusted for size, condition, and lot size. Assessed value of $383,500 appears below market.

As of 2026-03-07

This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.

Market & Area Data

Market Trends

Area Median Price$235,000
Avg Days on Market104 days
1-Year Appreciation+4.0%

Demographics

Population (1 mi)3,666
Median Income (1 mi)$34,520

Stable population with modest growth projected. Median home values in the area have appreciated steadily over the past five years.

Nearby Points of Interest

  • Downtown Forest City (0.5 mi)
  • Forest City Pavilion on Park Square (0.6 mi)
  • Rutherford County Library (0.7 mi)

Proximity to downtown amenities including restaurants, shops, and cultural venues. Nearby parks and recreational facilities enhance lifestyle appeal.

School District

DistrictRutherford County Schools
ElementaryForest City-Dunbar Elementary School (9/10)
MiddleEast Rutherford Middle School (3/10)
HighEast Rutherford High School (5/10)

Market data is based on aggregated public records and may not reflect real-time conditions.

Property Details

Building Details

Year Built1973
Constructionwood frame
Stories2
Roofshingle
Heatingheat pump
Coolingheat pump
Basementfinished
FireplaceYes
Conditiongood

Lot & Site

Lot Size0.89 acres (38,768 SF)
Topographylevel
Parkingattached_garage
Parking Spaces2

Utilities

Watermunicipal
Sewermunicipal
ElectricDuke Energy

Zoning & Land Use

JurisdictionTown of Forest City

Allowed Uses

single family residential
Current Useresidential
Assessor UseSingle Family Residential

Tax & Sale History

Tax Assessment

Total Assessed$383,500
Land$33,600
Improvements$349,900
Annual Tax (2025)$4,049

Sale History

2013-02-08$0

Purchase details not specified

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