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$245,000
8 Beds ⋅ 5 Baths ⋅ 4381602 MLS ⋅ ACTIVE UNDER CONTRACT Status
PRICE IMPROVEMENT!! Two Home, one great price! Step into a piece of Forest City history at 160/164 Arlington Street, where timeless character and endless opportunity come together on one remarkable property. Nestled beneath mature trees in an established neighborhood, this unique estate offers the chance to restore and reimagine a property filled with charm, character, and income producing potential. The main residence is rich with the craftsmanship and architectural details of a historic era and is ready for renovation to bring its full beauty back to life. Original features and historic charm provide the perfect foundation for investors, renovators, or visionaries seeking to create something truly special. With thoughtful restoration, this property could become a stunning private estate, a boutique bed and breakfast, an elegant event retreat, or a nostalgic short term rental destination full of warmth and storybook appeal. Adding even more value and flexibility is the impressive three car garage, workshop, and private two bedroom additional dwelling unit above. Currently operating as a successful income producing Airbnb, this separate living space already offers built in revenue potential while the main residence is restored or reimagined. Ideal for guest accommodations, an in law suite, owners quarters for a bed and breakfast, or continued short or long term rental income, the possibilities are endless. The workshop and garage space also provide room for hobbies, storage, business use, or future customization. Whether envisioned as a profitable income producing property, a multi generational family compound, a charming bed and breakfast with private owners guest house, or a beautifully restored historic estate, the possibilities at Arlington Street are truly endless. This is more than just real estate. It is an opportunity to breathe new life into a historic property while creating lasting value in one of Western North Carolina’s growing communities. Investors, dreamers, and entrepreneurs alike will immediately recognize the rare potential waiting to be unlocked at 160 & 164 Arlington Street.

160 & 164 Arlington Street, Forest City

Listing courtesy of Keller Williams Lake Norman. SammiSmith@kw.com

“ Based on information submitted to the MLS GRID as of . All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Some IDX listings have been excluded from this website. Properties may or may not be listed by the office/agent presenting the information © 2026 Canopy MLS as distributed by MLS GRID”

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