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Dream Team United

| Dream Team United | Keller Williams Connected | PLACE

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160 & 164 Arlington St , Forest City, NC 28043
$245,000
Est. Payment: $1,262.54/mo
8 Bed
5 Bath
0 Sqft
Status: active with contingency | Days on site: 48
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VCR-C15903466 - VCR-C159091383,VCR-C159052275

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House Description

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.

Highlights

Listed by Sammi Smith , 828-388-2452 Keller Williams Lake Norman , 704-892-5518. Canopy MLS mls logo

Property Type

Residential

Lot/Acreage
0.31

Year Built

1947

County

Rutherford

Neighborhood

Biltmore

Listing ID

4381602

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • Bedrooms:8
  • Bathrooms:5
  • Full Bathrooms:5
Appliances:Dishwasher, Dryer, Electric Range, Microwave, Refrigerator, Washer, Washer/Dryer
Air Cond:Central Air,Heat Pump
Fireplaces:Den,Primary Bedroom,Other - See Remarks
Floor:Tile,Wood
Above Ground Sq Ft:0
Below Ground Sq Ft:0
Basement:Unfinished
Other:Has Fireplace
Other:City

Exterior Features

Lot:Cleared,Level
Roof:Composition,Metal
Sewer:Public Sewer
Parking Features:Driveway,Attached Garage,Detached Garage,Garage Door Opener,Garage Faces Front,Garage Shop
Principal Interest
$1,263
Taxes
$156

Home Price

$245,000

Loan Details

30 yrs
6.683%

Down Payment

20%
$49,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$1,262.54

Principal

Taxes

Principal Taxes HOA Total
Monthly $1,262.54 $156.19 $0.00 $1,418.72
Yearly $15,150.43 $1,874.25 $0.00 $17,024.68
Total $454,512.76 $56,227.50 $0.00 $510,740.26

Today's Rates

30 Year

6.68%

20 Year

6.55%

15 Year

6.13%

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Market insight data is pulled from the same city as the listing being viewed (Forest City, NC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Listings courtesy of Canopy MLS as distributed by MLS GRID

IDX service by Blueroof 360

Data last updated: 2026-08-01T21:58:06.000Z

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