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
$1,650,000
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
- 1 day |
- 34 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Micah Woodall 252-665-4849,
Mast Realty, Inc
Source: Triad MLS,MLS#: 1219091
Originating MLS: Winston-Salem
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
- Listing agreement: Exclusive Right To Sell
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 5/8/2026 | Listed for sale | $1,650,000 |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Estimated monthly payment
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Town and Country Estates
Nearby schools
GreatSchools rating
- 4/10Speas ElementaryGrades: PK-5Distance: 1.8 mi
- 2/10Paisley Middle SchoolGrades: 6-10Distance: 4.1 mi
- 4/10Mount Tabor HighGrades: 9-12Distance: 1.6 mi
A local agent can set up tours, give advice and negotiate with sellers.
A local lender can help you make sure your offer is ready when you are.
- North Carolina
- Forsyth County
- Winston-Salem
- 27106
- Town and Country Estates
- 48.48 Acres Valley Rd







