Forest City · Forest City, NC
350 Morningstar Lake Road
Forest City, NC · 4,178 sqft
$839,900
Reduced from $875,000
- 4Beds
- 3.5Baths
- 4,178SqFt
- 1987Year
- 43Days on market
About this home
Rare equestrian opportunity on 23.75 acres just 15 minutes from Tryon International Equestrian Center. This versatile property features a spacious home, well-designed barn, fenced pastures, creek frontage, and exceptional potential for future expansion or investment.
The 4,000+ sq ft brick ranch offers 4 bedrooms and 3.5 baths with a finished basement. Interior features include a sunroom, home office or craft room, and ample living space ready for customization. Additional improvements include a two-car garage and a detached 24’ x 32’ workshop ideal for equipment, hobbies, or storage.
Equestrian facilities include a 44’ x 60’ metal barn with 12-foot shed roofs on both sides and a 16-foot concrete center aisle/parlor. The barn is equipped with eight 12’ x 12’ stalls, tack room, half bath, medications room, and wash area—well suited for private use or boarding operations.
The farm is serviced by public water and consists of gently rolling, mostly level pastureland with a small creek. Approximately 850 feet of road frontage provides multiple potential building sites along the road and throughout the acreage, offering flexibility for future homes, expansion, or subdivision potential.
While the home and farm will benefit from updates, this property presents an outstanding canvas for renovation and long-term value—ideal for an equestrian estate, family compound, or multi-homesite investment.
NEW ROOF JUST INSTALLED - 3/1/2026
Property details
- Beds
- 4
- Baths
- 3.5
- SqFt
- 4,178
- Lot
- —
- Year built
- 1987
- Type
- Single Family
- Days on market
- 43
- Garage
- 3
- Style
- Ranch
- Heating
- Forced Air, Heat Pump
- Cooling
- Central Air, Heat Pump
- Foundation
- Basement, Crawl Space
- Flooring
- Carpet, Linoleum, Wood
Features
- Fence
Payment estimate
Estimated monthly payment
Includes P&I, tax, insurance
$6,181/ month
- Principal & interest
- $5,201
- Property tax (~1.05%)
- $734
- Homeowners insurance
- $244
- HOA dues
- —
Down payment
$41,995 down · $797,905 financed
Income to qualify (28% rule)
~$264,926 / year household
A rough rule — actual qualification depends on your full debt picture, credit, and the lender. John can introduce you to lenders he trusts.
Numbers are a directional estimate. Actual monthly cost varies by lender, credit, taxes assessed at closing, and insurance carrier. This is not a loan offer or pre-approval.