For sale

$525,000

241 Willowlake Rd, Greensboro, NC 27405

3beds

1,315sqft

$3,320/mo

Get pre-qualified

Stick/Site Built, Residential, Single Family Residence

Built in 1959

8.35 Acres Lot

$503,500 Zestimate^®

$--/sqft

$-- HOA

What's special

Well-maintained brick ranchExpansive land layout

Investor / Developer Opportunity with Prime Location & Acreage Grab this opportunity to own over 8 acres of versatile land ideally positioned for future development, investment potential, or a private residential estate with city conveniences nearby. Located just seconds from the new I-840 corridor, this property offers excellent accessibility along with close proximity to multiple gas stations, retail, dining, and daily necessities — making it highly attractive for future growth and usability. The property features a well-maintained brick ranch with a basement that has been cared for over the years, offering immediate usability or rental potential, while leaving room for modernization or redevelopment if desired. Enjoy natural features including a small pond and expansive land layout suitable for subdivision potential (subject to approvals), estate-style living, or long-term hold investment. Ask agent about city water and sewer feasibility study

240 days
232
20

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 2
Full bathrooms: 1
1/2 bathrooms: 1
Main level bathrooms: 2

Heating

Fireplace(s), Forced Air, Electric

Cooling

Central Air

Appliances

Included: Free-Standing Range, Electric Water Heater
Laundry: Dryer Connection, Washer Hookup

Features

Flooring: Laminate, Tile, Wood
Basement: Unfinished, Basement
Number of fireplaces: 1
Fireplace features: Living Room

Interior area

Total structure area: 2,258
Total interior livable area: 1,315 sqft
Finished area above ground: 1,315

Property

Parking

Total spaces: 2
Parking features: Carport, Driveway, Attached Carport
Attached garage spaces: 2
Has carport: Yes
Has uncovered spaces: Yes

Features

Levels: One
Stories: 1
Pool features: None
Waterfront features: Pond

Lot

Size: 8.35 Acres
Features: Partially Cleared, Partially Wooded
Residential vegetation: Partially Wooded

Details

Parcel number: 114919
Zoning: RS-30/AG
Special conditions: Owner Sale
Other equipment: Sump Pump

Construction

Type & style

Home type: SingleFamily
Property subtype: Stick/Site Built, Residential, Single Family Residence

Materials

Brick

Condition

Year built: 1959

Utilities & green energy

Sewer: Septic Tank
Water: Well

Community & HOA

HOA

Has HOA: No

Location

Region: Greensboro

Financial & listing details

Tax assessed value: $178,200
Annual tax amount: $1,595
Date on market: 2/12/2026
Cumulative days on market: 238 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional
Exclusions: Dutch Door At Screened In Porch Will Be Removed And Replaced With New Door

Estimated market value

$503,500

$478,000 - $529,000

$1,681/mo

Price history

Date	Event	Price
8/28/2026	Listed for sale	$525,000-19.2%
Source: Triad MLS #1208808 Report a problem
2/12/2026	Listed for sale	$650,000
Source: Triad MLS #1208808 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,596	$178,200
2024	$1,596 +1.9%	$178,200
2023	$1,566	$178,200
2022	$1,566 +40.5%	$178,200 +40.5%
2021	$1,114 +1.3%	$126,800
2018	$1,100 +3.1%	$126,800
2017	$1,067	$126,800 +5.5%
2016	$1,067	$120,200
2015	$1,067 +2%	$120,200
2014	$1,046	$120,200
2013	--	$120,200
2012	--	$120,200 -10.6%
2011	--	$134,500
2010	--	$134,500
2009	--	$134,500
2008	--	$134,500
2007	--	$134,500
2006	--	$134,500
2005	--	$134,500
2004	--	$134,500