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$425,000
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Property Description
Back on market at no fault of seller! Don't miss this investment opportunity! A large family home/duplex and detached ADU, three separate living quarters. Located on the edge of Ardmore in downtown Winston-Salem, this 1945 duplex with an Accessory Dwelling Unit (ADU) blends timeless charm with modern convenience. Sitting on two private, wooded lots totaling 1.29 acres, it features hardwood floors and a unique, flexible floorplan. Includes a larger 2 BR unit with flex space, a 2BR unit with flex space, and a separate stand alone studio unit-perfect for multi-generational living or rental income. The additional unit, per tax card, is 557 sq ft. The covered patio & back deck surrounded by trees offer serene outdoor living and entertaining space. Conveniently located Wake Forest Atrium Medical Center and Forsyth hospitals. Feels like a private retreat, right in the heart of the city! See agent-only remarks for rental history/additional info. Call agent 336-706-0899
Full Property Details
Full Property Details for 1285 Lockland Terrace
General
- Price: $425,000
- Taxes: $2,381
- Status: Active
- Type: Duplex
- Source: Triad_MLS
- MLS ID: 1194589
- Updated: 12/22/2025
- Added to Site: 132 day(s) ago
Interior
- Appliances: Electric Water Heater
- Flooring: Carpet, Tile, Wood
Parking
- Garage Description: Detached Carport
- Garage Spaces: 1
- Parking Features: Carport, Driveway, Paved, Detached Carport
Location
- County: Forsyth
- Driving Directions: From I-40, take Silas Creek Pkwy to S. Main St, go left on Silas Creek Pkwy (Hwy 52) and go left on Lockland Ave in 1.3 miles. Lockland Terrace is to the left .4 miles, property is at the top of the driveway
- City Limits: Yes
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Forced Air, Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Two Story
- Exterior Const.: Block, Wood Siding
- Year Built: 1945
Lot Features
- Lot Size (Acres): 1.29
- Lot Features: City Lot
Financial Considerations
- Price Per Acre: $329,457.3643
- Tax Amount: $2,381
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Coldwell Banker Advantage
Get Pre-Approved Today
Schools
Schools serving 1285 Lockland Terrace
School District:Forsyth County Schools
| Name | Grades | Distance |
|---|---|---|
Bolton Elementary 1250 Bolton Street, Winston-Salem, NC 27103 | PK-5 | 1.4 mi |
Flat Rock Middle, Winston-Salem, NC 4648 Ebert Road, Winston-Salem, NC 27127 | 6-8 | 5 mi |
Reynolds High 301 N Hawthorne Road, Winston-Salem, NC 27104 | 9-12 | 1.9 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1285 Lockland Terrace
Date
Details
Price
Change
Source
10/20/2025
Price Reduced
$425,000
-5.56%
MLS
10/01/2025
Price Reduced
$450,000
-4.36%
MLS
9/08/2025
Listed
$470,500
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1285 Lockland Terrace
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,990
26%
$271,300
60%
2024
$2,381
5%
$169,700
—
2023
$2,272
4%
$169,700
—
2021
$2,189
-2%
$169,700
—
2022
$2,230
2%
$169,700
35%
2021
$2,189
25%
$125,800
—
2019
$1,750
2%
$125,800
—
2018
$1,720
3%
$125,800
—
2017
$1,662
12%
$125,800
12%
2016
$1,483
2%
$112,700
—
2015
$1,461
3%
$112,700
—
2014
$1,416
1%
$112,700
—
2013
$1,405
—
$112,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1285 Lockland Terrace
1285 Lockland Terrace, Winston-Salem, NC 27103 (MLS# 1194589) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1285 Lockland Terrace is currently listed for $425,000 and was received on September 08, 2025. Want to learn more about 1285 Lockland Terrace? Do you have questions about finding other Duplex real estate for sale in Winston-Salem? You can browse all Winston-Salem real estate or contact a Coldwell Banker agent to request more information.

