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5412 Carolina 41, Wallace
$3,000,000
100609068 MLS ⋅ ACTIVE Status
PRIME 30-ACRE RESIDENTIAL & COMMERCIAL DEVELOPMENT OPPORTUNITY IN WALLACE, NC! Exceptional opportunity for builders, developers, and investors along NC Highway 41 in the growing Wallace market! This approximately 30-acre tract offers a combination of existing Highway Business (HB) zoning along the highway frontage and residential development potential throughout the remaining acreage. The property is currently part of a larger approximately 39.77-acre parcel, with the current owners retaining approximately 10 acres at the rear of the property for their personal use. The sale includes only the approximately 30-acre tract highlighted in the listing photographs, subject to final survey and subdivision. The retained acreage is not included in the offering. Approximately 1.60 acres along NC Highway 41 have previously been rezoned Highway Business (HB), creating an opportunity to explore commercial uses along the road frontage while developing a residential community on the remaining acreage. The residential portion is understood to be zoned RA-20, with preliminary concepts exploring the potential for approximately 50-60 single-family residential lots before accounting for roads, stormwater, infrastructure, and other development requirements. Final lot yield, commercial uses, access, and subdivision design are subject to applicable regulations and approvals. Conveniently located near established residential neighborhoods, shopping, restaurants, and the Wallace commercial corridor, this property presents an opportunity for residential subdivision development, commercial frontage investment, or a thoughtfully planned combination of both. Bring your vision and explore the possibilities of this unique development opportunity! Buyers and developers are encouraged to conduct their own due diligence regarding zoning, utilities, water and sewer capacity, access, subdivision requirements, and development feasibility. Acreage and boundaries are approximate until the proposed 30-acre tract is formally surveyed and separated.

5412 Carolina 41, Wallace

322 E Cavenaugh St, Wallace
$149,900
3 Beds ⋅ 2 Baths ⋅ 100607570 MLS ⋅ ACTIVE Status ⋅ 1,771 SqFt. ⋅ 1950 Year Built
Auction online - Starts 10/18/2026 and ends on 10/20/2026@ Auction.com. This 3-bedroom fixer-upper, believed to have been constructed in 1950 according to tax card records, is situated on a corner lot in Wallace and offers plenty of original charm and character. Many of the home's vintage features remain, including original tile in the bathrooms and what appears to be the original kitchen cabinetry. The kitchen also features Formica countertops and an abundance of cabinet storage. The home offers generously sized rooms throughout. With its classic features, spacious layout, and potential for renovation, this property could be an excellent opportunity for a handy buyer or investor looking for a renovation project or possible flip. The property is served by the Town of Wallace for water, sewer, and trash collection. Propane was used for heat by previous occupant. Submit offers online - Do not submit offers to list agent. Online auctions typically last a few days .The sale will be subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). All auction bids will be processed subject to seller approval. All non-cash buyers must be prequalified through the seller's approved lender, although buyers may use their lender of choice for closing. See agent remarks for lender contact info. All MLS information is based upon tax records. Home in formation such as room count, home sq. footage, structural data and amenities can not be verified as home is occupied and list agent does not have access to property until home is vacant .

322 E Cavenaugh St, Wallace

211 Sycamore Forest Dr, Wallace
$40,000
100602971 MLS ⋅ ACTIVE Status
Welcome to 211 Sycamore Forest Dr, a premier 0.31-acre residential lot located in the highly desirable, master-planned community of River Landing in Wallace, NC. This flat, buildable home site offers the perfect canvas to design and build your custom dream home. Living here means embracing a resort-style lifestyle. As part of a premier gated golf community, residents enjoy top-tier community features managed by the River Landing POA, for a very reasonable and optional fees the River Landing Golf Club offers two NC Golf Panel. Enjoy access to two championship golf courses, a grand clubhouse, a fitness center, an outdoor swimming pool, tennis and pickleball courts, and scenic walking trails Panoramic views of Sycamore River Landing and conveniently located with easy access to I-40, this property combines quiet, luxury neighborhood living with seamless commutes to Wilmington or Raleigh. Don't miss this rare opportunity to secure your slice of North Carolina paradise. Bring your own builder and start planning your future today!

211 Sycamore Forest Dr, Wallace

163 Candlestick Dr, Wallace
$25,000
100550709 MLS ⋅ ACTIVE Status
Located steps away from the River Landing fitness center & pool, enjoy the convenience this property has to offer. It is also a short walking distance to the driving range & Clubhouse. Come build your ideal patio home and live in one of the best kept communities in the Southeast. River Landing offers optional and affordable memberships with two NC Golf Panel designated ''Top 50'' championship golf courses and world-class club amenities while still maintaining the charm and ease of a small town. Enjoy the outdoor pool, fitness club, tennis and pickleball courts. Enjoy fine dining at the at the grand clubhouse or savor a casual meal relaxing at the grille/bar. Participate in one of the many social clubs and classes. Get your exercise on the beautiful walking/biking trails or take in the natural surroundings at the River Lodge with kayak access to the beautiful Northeast Cape Fear River. A day at the beach is an easy 45 minute drive. A must see before deciding to where to live in the Southeast.

163 Candlestick Dr, Wallace

125 Falling Water Way, Wallace
$860,000
5 Beds ⋅ 5 Baths ⋅ 100520169 MLS ⋅ ACTIVE Status ⋅ 4,349 SqFt. ⋅ 2010 Year Built
Custom-Built riverfront retreat in the prestigious River Landing!! Experience the charm of resort-style living in the esteemed gated golf course community. This residence is the pinnacle of luxury, boasting panoramic views, exquisite craftsmanship, and unmatched amenities. Nestled on a precisely landscaped three-quarter-acre lot, this 4,349 sq. ft., 4/5-bedroom home offers an inviting balance of grandeur and comfort. The lush, low-maintenance yard provides the perfect backdrop for peace and privacy, while a paved walkway leads to three separate decks, all overlooking the tranquil river—your own personal sanctuary for sunrises, stargazing, and everything in between. Step inside to an open-concept layout that immediately welcomes you with warmth and elegance. The gourmet kitchen is a chef's dream, featuring custom cabinetry, stainless steel appliances, and a generously sized island with bar seating. The adjacent great room is equally impressive, showcasing coffered ceilings, a gas fireplace, custom built-ins, and a sunroom bathed in natural light. For those who love to entertain, the outdoor amenities are second to none. Enjoy evenings by the natural gas firepit and let the river be your backdrop for unforgettable gatherings. Inside, the home continues to impress with two spacious primary-floor bedrooms, a flex space with French glass doors perfect for a formal dining room or home office, and a media room upstairs with balcony access—a front-row seat to peaceful views and fiery sunsets. Additional highlights include: Oversized two-car garage with dedicated storage and exterior access, Whole-house generator for peace of mind, Central vacuum system, Dual-zoned HVAC for personalized comfort, 75-gallon water heater, Irrigation well and sealed crawl space with dehumidifier. This exceptional home truly captures the spirit of gracious southern living, combining modern comforts with timeless craftsmanship. Don't miss the chance to claim your slice of paradise in one of the area's most highly sought-after communities.

125 Falling Water Way, Wallace

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