Bought with Non Member Office
$288,000
$288,000
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51.89 Acres Lot
SOLD DATE : 05/21/2025
Key Details
Sold Price $288,000
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Sold
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10041629
Sold Date 05/21/25
HOA Y/N No
Annual Tax Amount $2,121
Lot Size 51.890 Acres
Acres 51.89
Property Sub-Type Unimproved Land
Source Triangle MLS
Property Description
Discover an exceptional opportunity with this 51-acre parcel of land, perfectly positioned for residential development and zoned RS20 and RS9. Located along the thriving northern Highway 74 corridor in Winston-Salem, Forsyth County, this expansive property offers immense potential in a rapidly growing area. The generous size of the parcel allows for a variety of development options, making it an ideal canvas for your next residential project.
The property benefits from its proximity to major transportation corridors and existing utilities. With its location in the Carolina Core region, this land presents an attractive setting for creating a substantial residential community. Its position provides easy access to Highway 74 and is surrounded by ongoing commercial development, enhancing its appeal for future residents.
Current market conditions show high demand for housing in Winston-Salem, with median home values in the 27105 zip code up 7.9% year-over-year and median listing prices up 33.9%. This growth indicates strong potential for residential development in the area.
Buyer is responsible for all due diligence regarding the property. Lot size and zoning should be independently verified by the buyer. Previous farmstead on the lot is now vacant. Structures convey no value. NCDOT# 252798. This lot is a portion of a larger parcel with the GIS PIN 6848-25-3017.00.
Please note, this is an online Auction and buyers should be prepared for the bidding process. There is an additional Buyer Premium of 10% due in addition to the purchase price. The Buyer Premium payment is non-refundable. Parcel available for bidding on 07/30/24.
This property is owned by NCDOT and they reserve the right to unilaterally back out of the sale at any time up until the deed has been recorded. The title will be transferred via QuitClaim Deed.
Don't miss this rare opportunity to invest in a prime development property in one of North Carolina's most dynamic markets!
Location
State NC
County Forsyth
Zoning RS9
Direction From Baux Mountain Rd, head east on White Rock Rd. Property is on the left approximately 1400 feet past Westmoreland Dr. 58 Acres.
Rooms
Other Rooms Barn(s), Outbuilding, Shed(s), Storage, Other
Exterior
Utilities Available Electricity Available, Sewer Not Available, Water Available, See Remarks
View Y/N Yes
Present Use See Remarks
Street Surface Asphalt,Paved
Private Pool No
Building
Lot Description Irregular Lot, Partially Cleared, Rolling Slope, Wooded, See Remarks
Faces From Baux Mountain Rd, head east on White Rock Rd. Property is on the left approximately 1400 feet past Westmoreland Dr. 58 Acres.
Sewer Septic Needed
Water Public
Schools
Elementary Schools Winston Salem Forsyth County Schools
Middle Schools Winston Salem Forsyth County Schools
High Schools Winston Salem Forsyth County Schools
Others
Tax ID 6848253017
Special Listing Condition Auction
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