525 Peden Street Winston-salem, NC 27105
1.68 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10159542
HOA Y/N No
Annual Tax Amount $118
Lot Size 1.680 Acres
Acres 1.68
Property Sub-Type Unimproved Land
Source Triangle MLS
Property Description
This 1.68-acre parcel on Peden Street presents a strong opportunity for builders and developers looking to meet the growing demand for affordable, efficient new construction housing in Winston-Salem.
Currently zoned RS-7, the property offers potential for a 5-lot subdivision (subject to city approval) with approximately 300± feet of road frontage and access to nearby public utilities.
The layout is well-suited for smaller, right-sized homes, making it an attractive option for builders targeting first-time homebuyers, downsizers, or workforce housing.
With new construction homes in the area showing solid resale activity, this property offers a chance to deliver a product that aligns with today's market demand for attainable, lower-maintenance living.
-Established residential area
-Convenient access to shopping, dining, and major roadways
-Strong potential for small-scale residential development
Opportunities like this are limited -- bring your plans and vision.
Buyer to verify zoning, subdivision potential, and utility access.
Location
State NC
County Forsyth
Zoning RS7
Direction NC 8 N/US-52 N to exit 112 for Akron Dr. TR onto Akron Dr. to Ogburn Ave TL. TL onto Peden. Land is on right.
Exterior
Utilities Available Sewer Available, Water Available
View Y/N Yes
Street Surface Paved
Private Pool No
Building
Faces NC 8 N/US-52 N to exit 112 for Akron Dr. TR onto Akron Dr. to Ogburn Ave TL. TL onto Peden. Land is on right.
Sewer Public Sewer
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
Senior Community No
Tax ID 6837425729000
Special Listing Condition Standard
NEARBY SCHOOLS & PROPERTIES