$249,900
193 Oak Forest Dr, Forest City, NC 28043
Spacious 3-Bed Ranch with Heated Basement on Nearly Half-Acre
3 Bed · 2 Bath · 1,876 Sq Ft
1,876 SF single-level living with flexible finished basement — storage building conveys
3
Beds
2
Baths
1,876
Sq Ft
1968
Built
0.46 acres
Lot
Attached & detached carports; driveway parking (no enclosed garage)
Garage
About 193 Oak Forest Dr
Located on a generous .46-acre lot in Forest City, this comfortable single-story ranch offers practical square footage and flexible living spaces. At 1,876 finished square feet the home features three bedrooms and two full baths arranged along a functional floor plan. The main living area opens to the dining space and kitchen for everyday living; the living room centers on a gas-log fireplace that anchors the home and adds warmth on cooler days. Vinyl flooring throughout the main areas provides easy upkeep.
One of the property's standout assets is the heated basement — a partially finished lower level that’s already set up for use as a home office, hobby room, or bonus living area. The basement expands usable space without the cost of an addition and gives you options for work, play, or storage. Outside you’ll find a separate storage building that conveys with the sale and multiple covered parking options with both attached and detached carports plus ample driveway space.
Mechanicals include central AC via a heat pump and a floor furnace; note the gas service uses a leased propane tank (lease fee reported at $80/year). The property is on city water and an on-site septic system—buyers should review septic records and inspections during due diligence. The home is being sold AS-IS, which presents an excellent opportunity for a buyer looking to personalize updates while benefiting from a large lot and practical single-level layout.
Practical, comfortable, and well-sited, this home is a good fit for downsizers, families seeking uncomplicated one-level living, or investors interested in a solid 3-bedroom rental near downtown Forest City. Schedule a showing with the listing agent to see how this property can work for your next move.
Home Highlights
Property Features
Interior Features
- 1,876 SF single-level living
- 3 bedrooms, 2 full baths
- Heated partial basement (finished/bonus space)
- Gas-log fireplace in living room
- Vinyl flooring in main living areas
- In-hall laundry hookup
- Appliances included: refrigerator, wall oven, electric cooktop, dishwasher, washer, dryer
Exterior & Lot
- 0.46-acre lot (approx. 20,037 SF)
- Separate storage building conveys
- Attached and detached carports + driveway
- Mature shade trees and private backyard
- Sold AS-IS
Location & Neighborhood
- Short drive to downtown Forest City shops and restaurants
- Convenient access to regional routes serving Rutherford County
- Quiet established residential neighborhood (Oak Forest area)
- Rutherford County Schools
Walkability & Recreation
- Walkability Rating: 48/100
- Nearby parks and green spaces within a short drive
- Easy access to community recreational amenities and local trails
Neighborhood & Location
Oak Forest area in west Forest City is an established residential neighborhood of single-family homes on generous lots. The area is characterized by mature trees, quiet streets, and proximity to downtown Forest City amenities — restaurants, community services, and small local businesses are a short drive away. Residents typically enjoy small-town living with easy access to neighboring towns and regional highways.
Market Insights
Forest City is a small-town market within Rutherford County where inventory has been modest and demand steady for well-priced single-family homes. Median sale prices in the area hover near the low-to-mid $200ks; this listing’s $249,900 ask (~$133/ft²) is positioned at or slightly above typical town medians due to the larger lot and finished basement. Buyers in this market prioritize condition, utility systems (septic/water), and lot size — properties with usable outdoor space and flexible interiors often move quicker. Expect an active local buyer pool and a typical days-on-market in the 30–60 day range for comparable homes. Financing terms may require septic inspection and certification; cash or conventional buyers with reliable septic documentation will be most competitive.
Nearby Schools
Forest City Elementary
Elementary · 1.5 mi
East Rutherford Middle
Middle · 2.5 mi
East Rutherford High School
High · 2.5 mi
Walkability & Recreation
Large backyard, nearby parks, and short drives to community recreation facilities make this property good for outdoor-oriented buyers who value yard space and easy weekend access to trails and green space.
Investment Highlights
- Large 0.46-acre lot within town limits — rare for this price band
- Heated, usable basement increases functional square footage
- Open-concept main level with gas-log fireplace
- Storage building on-site conveys; strong utility for yard/maintenance equipment
- Attractive list price of $249,900 (~$133/ft²) — positioned near local median
Key Findings
- 3 BR / 2 BA, 1,876 SF single-story footprint with partial heated basement
- Lot size 20,037 SF (0.46 acres) provides yard privacy and expansion potential
- Propane gas tank is leased (reported $80/yr) — buyer to assume or arrange new service
- Sewer service via on-site septic; water is municipal (city)
- Sold AS-IS — seller will not make repairs
Things to Consider
- Septic systems can complicate financing and may require inspection/repairs
- Leased propane tank creates ongoing vendor relationship and small annual fee
- Aging systems (year-built 1968) may need updates; recommended thorough inspection
- No enclosed garage—covered carports only
Opportunity Analysis
Buyers seeking a move-in-ready single-level home with added finished basement space on a large lot in Forest City will find this property attractive. The combination of size, lot, and asking price creates potential for modest appreciation and functional landlord or owner-occupant use.
Potential Use Scenarios
- Owner-occupant buyers: purchase and perform targeted cosmetic updates (kitchen refresh, address furnace aging) to increase livability.
- Investors/FLIP: minimal capital improvements could increase marketability; focus on basement finishing and septic inspection/repairs as needed.
- Rental: market as affordable 3BR rental to local demand; verify septic and utilities to support tenant occupancy.
Risk Factors
- Septic system condition may require repair or replacement depending on inspection.
- Older mechanicals (floor furnace) could need replacement, increasing near-term capex.
- Limited garage parking may reduce appeal to some buyers.
Buyers should conduct independent due diligence before making any purchase decisions.
AI Valuation Estimate
Low
$235K
Midpoint
$250K
High
$265K
$133/SF estimated price per square foot
Estimate anchored to current list price and property characteristics (1,876 SF, 3 BR/2 BA, basement, .46-acre lot) with local market context for Forest City (Rutherford County). No live comparable sales search performed — range reflects typical +/-6% pricing tolerance for similar homes in this market (moderate confidence).
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Market & Area Data
Market Trends
Demographics
Forest City and Rutherford County have seen modest price appreciation in the last several years; market driven by local buyers and some buyers commuting to larger employment centers.
Nearby Points of Interest
- Downtown Forest City (1.5 mi)
- Rutherfordton/Rutherford County civic services (5-8 mi)
Convenient to downtown Forest City shops and restaurants, local parks, and regional highways connecting to Shelby and Gastonia. Typical small-town amenities within a short drive.
School District
Market data is based on aggregated public records and may not reflect real-time conditions.
Property Details
Building Details
Lot & Site
Utilities
Zoning & Land Use
Allowed Uses
Tax & Sale History
Tax Assessment
Sale History
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