Investor and development opportunity in Forest City! This offering includes an existing 3-bedroom, 1.5-bath home on 1.06 acres plus an adjoining 3.79-acre parcel, totaling approximately 4.85 acres. Renovate the existing home for rental income while exploring the additional acreage for future residential development. Zoned R-8 Residential, with potential for additional homesites, subdivision, or duplex development, subject to required evaluations and approvals. The property offers city water, an existing septic system, road frontage, open areas, wooded privacy, established paths, a cleared entrance, and a natural flowing creek. Conveniently located just minutes from downtown Forest City, this is a compelling opportunity for builders, developers, and investors seeking an income-producing property with room for future growth. Buyer to verify development capacity, and all proposed uses with the appropriate agencies.