Forest Lake Acres Homes for Sale
1 home
Community Highlights
- Forest Lake gives the subdivision a visible water-oriented identity with some lakefront and lake-view homes.
- Recent 2024-2025 construction adds move-in-ready options alongside older homes on larger parcels.
- No-HOA ownership and multiple buildable lots create flexibility that is uncommon in more tightly managed neighborhoods.
* Based on what we noticed in listing details.
Architecture & Style
- Open Floor Plans
- Granite Countertops
- Lvp Flooring
- Covered Front Porch
- Deck Or Patio
- Fireplace
- Fenced Yards
* Based on what we noticed in listing details.
Location & Proximity
Rutherford County foothills between Asheville and Charlotte
- downtown Forest City
- Pavilion on Park Square
- Rutherfordton town center
* Based on what we noticed in listing details.
Nearby Schools
Unspecified
Unspecified
Unspecified
* Based on what we noticed in listing details.
Lots and Land in Forest Lake Acres
Community Highlights
Forest Lake Acres is a small Forest City subdivision where the identity comes from the lake itself, larger homesites, and a recent run of entry-price construction. Current offerings range from buildable lots on Kingswood Drive to newly completed ranch homes and older lake-oriented properties, creating a neighborhood that feels more varied than a typical one-era subdivision.
The housing mix stretches from 1960s and 1970s lakefront homes to 2024 and 2025 construction, with most recent home sales clustering in the mid-$200,000s and upper edge sales reaching the low $400,000s on larger parcels. Recent new builds along Forest Lake Road have emphasized open layouts, granite countertops, luxury vinyl plank flooring, covered porches, and practical one-level living on roughly half-acre lots. Older homes add another layer, including Cape Cod plans, brick ranch styling, basements, garages, workshops, and fenced yards. Several standout properties pair the subdivision with direct Forest Lake frontage or lake views, and the highest-priced closings combined larger acreage, basement space, garages, or waterfront positioning.
Amenities & Lifestyle
Forest Lake is the defining natural feature, and it shapes the way the neighborhood presents itself. Listings reference front-porch lake views, lakefront lawns, docks, gazebos, and outdoor areas arranged for decks, patios, pergolas, and fenced back yards. That gives Forest Lake Acres a stronger outdoor orientation than its small size might suggest, especially on the Aqua Drive, Lake View Drive, Kingswood Drive, and Forest Lake Road addresses closest to the water.
This is not a master-planned amenity community with a clubhouse or shared recreation package. Instead, its appeal comes from private lot size, flexibility, and low-overhead ownership. No HOA is a recurring selling point, and several lots are marketed as ready for custom or builder-led construction, reinforcing the neighborhood's mix of established homes and infill opportunity.
These insights are based on listing details and are informational only; verify details for any specific property.
Market Trends
Buyers have more negotiating power. Properties may take longer to sell. Prices have declined 95%. There's typically room for negotiation on price.
Year-over-Year Comparison
Last 12 months
Recently Sold Properties
| Property | Sold Date▼ | Sale Price↕ | DOM↕ | LP/SP↕ | Size↕ | $/SF↕ |
|---|---|---|---|---|---|---|
 SOLD 0 Kingswood Drive 23 | Mar 17 2026 | $12,000 | 181 | 86% | — | — |
2 month gap in market activity | ||||||
 SOLD 344 Aqua Drive 2 bed2 bath | Jan 9 2026 | $245,000 | 69 | 🎯102% | 1606 sq ft | $153 |
7 month gap in market activity | ||||||
 SOLD 438 Forest Lake Road 3 bed2 bath | Jun 13 2025 | $257,000 | 46 | 99% | 1225 sq ft | $210 |
5 month gap in market activity | ||||||
 SOLD 302 Aqua Drive 3 bed2 bath | Dec 18 2024 | $325,000 | 72 | 🎯100% | 1678 sq ft | $194 |
 SOLD 0 Kingswood Drive | Dec 11 2024 | $21,000 | 63 | 88% | — | — |
 SOLD 0 Kingswood Drive | Dec 10 2024 | $15,000 | 62 | 63% | — | — |
 SOLD 0 Kingswood Drive | Dec 6 2024 | $20,000 | 58 | 63% | — | — |
 SOLD 0 Kingswood Drive | Nov 27 2024 | $20,000 | 49 | 83% | — | — |
 SOLD 139 Forest Lake Road 3 bed2 bath | Nov 21 2024 | $250,000 | 163 | 🎯100% | 1195 sq ft | $209 |
 SOLD 189 Forest Lake Road 3 bed2 bath | Oct 3 2024 | $239,900 | 114 | 🎯100% | 1064 sq ft | $225 |
 SOLD 179 Forest Lake Road 3 bed2 bath | Aug 13 2024 | $259,900 | 63 | 🎯100% | 1330 sq ft | $195 |
7 month gap in market activity | ||||||
 SOLD 302 Aqua Drive 3 bed2 bath | Jan 12 2024 | $250,000 | 46 | 🎯100% | 1678 sq ft | $149 |
4 month gap in market activity | ||||||
 SOLD 175 Lake View Drive 4 bed4 bath | Sep 5 2023 | $402,500 | 52 | 🎯115% | 3952 sq ft | $102 |
11 month gap in market activity | ||||||
 SOLD 714 Hudlow Road 3 bed2 bath | Oct 5 2022 | $239,900 | 34 | 🎯100% | 1222 sq ft | $196 |
2 month gap in market activity | ||||||
 SOLD 467 Forest Lake Road 3 bed3 bath | Aug 1 2022 | $300,000 | 34 | 🎯100% | 2512 sq ft | $119 |
11 month gap in market activity | ||||||
 SOLD 480 Forest Lake Road 2 bed2 bath | Aug 31 2021 | $214,000 | 41 | 🎯108% | 1534 sq ft | $140 |
1+ year gap in market activity | ||||||
 SOLD 421 Kingswood Drive 4 bed4 bath | Jun 26 2020 | $370,000 | 367 | 93% | 5534 sq ft | $67 |
0 Kingswood Drive 23
$12,000
344 Aqua Drive
$245,000
438 Forest Lake Road
$257,000
302 Aqua Drive
$325,000
0 Kingswood Drive
$21,000
0 Kingswood Drive
$15,000
0 Kingswood Drive
$20,000
0 Kingswood Drive
$20,000
139 Forest Lake Road
$250,000
189 Forest Lake Road
$239,900
179 Forest Lake Road
$259,900
302 Aqua Drive
$250,000
175 Lake View Drive
$402,500
714 Hudlow Road
$239,900
467 Forest Lake Road
$300,000
480 Forest Lake Road
$214,000
421 Kingswood Drive
$370,000
Market Statistics
The Forest Lake Acres real estate market shows buyer's market conditions. Homes typically sell within 62 days. With 1 active listings and 3 homes sold in the past year, Buyers have more negotiating power and time to decide.
Pricing
Median Price:$49,000
Average Price:$49,000
Property Details
Avg Bedrooms:3.0
Avg Bathrooms:2.4
Avg Lot Size:1.02 acres
Market Activity
Active Listings:1
Sold Last Year:3
Median Days to Sell:62 days
Community Info
Has HOA:No
Median Year Built:1997
New Construction:8%
Recently Off Market Properties
2 propertiesLooking for similar properties?
These properties are no longer available, but we can help you find similar homes in Forest Lake Acres. Our agents have access to upcoming listings and can notify you when new properties become available.