Located in the Northwest area of Winston-Salem, less than half a mile south of Reynolda Road. Wake Forest University, Reynolda Village and Reynolda House Museum of American Art are around 1.5 miles away, and Wake Forest Baptist Medical is less than 5. The property has 495 feet of frontage on Valley Road and access at the ends of Barjean and Tangle Lane with surrounding city sewer and water. The property is bordered to the west by Mill Creek, Greenbrier Farm and Muddy Creek Greenway. It borders the Mill Creek neighborhood to the east. The property is within the floodplain and is affected by wetlands Winston-Salem has zoned it for Recreation Facilities including greenway trails, golf course or driving range, park or playground, recreation center or gym, amphitheater or event center, etc, and is currently leased by local FM stations. Large tracts of this size in Winston-Salem are increasingly limited, presenting investment opportunity. PROPERTY LINES ARE DEPICTED IN PHOTOS 31 - 34
Lot/land
Price cut: $450K (8/5)
$1,200,000
48.48 Acres Valley Rd, Winston Salem, NC 27106
--beds
--baths
48.48Acres
Unimproved Land
Built in ----
48.48 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
- 138 days
- 210
- 8
Zillow last checked:
Listing updated:
Listed by:
Micah Woodall 252-665-4849,
Mast Realty, Inc
Source: Triad MLS,MLS#: 1219091
Facts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Features
- Frontage length: Total Road Frontage: 495
Lot
- Size: 48.48 Acres
- Dimensions: 48.5 Acres
- Features: City Lot, Flood Plain
Details
- Parcel number: 6817051197
- Zoning: Rec Facility
- Special conditions: Owner Sale
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
HOA
- Has HOA: No
Location
- Region: Winston Salem
Financial & listing details
- Tax assessed value: $189,600
- Annual tax amount: $2,163
- Date on market: 5/7/2026
- Cumulative days on market: 137 days
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/5/2026 | Price change | $1,200,000-27.3% |
Source: | ||
| 5/8/2026 | Listed for sale | $1,650,000 |
Source: | ||
Public tax history
Tax history is unavailable.







