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$700,000
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Property Description
Discover an exceptional investment opportunity with this expansive 37-acre parcel, perfectly positioned for development and already zoned RM-5. With a recorded plat map and completed site plan in place for a townhome community, much of the preliminary work has been done. This versatile property offers multiple avenues for use. Developers can immediately move forward with the existing townhome concept, or explore any of the additional approved uses permitted under RM-5 zoning. For those seeking privacy and space, the acreage can also be retained for personal enjoyment, offering endless possibilities for recreation, agricultural use, or future planning. Located in an area experiencing consistent growth, this tract presents rare flexibility paired with long-term potential-ideal for investors, builders, and visionary buyers. Whether you're ready to launch a residential development or secure land for future use, this property stands ready to deliver.
Full Property Details
Full Property Details for 791 Teague Rd
General
- Sold For: $700,000
- Taxes: $1
- Status: Closed
- Type: Lots/Land
- Source: Triad_MLS
- MLS ID: 1202014
- Added to Site: 221 day(s) ago
Location
- County: Forsyth
- Subdivision: None
- Driving Directions: From Hwy 52 N Take exit 103 for S Main St. Turn right onto S Main St. Turn left onto Barnes Rd. Turn left onto Old Lexington Rd. Turn right onto Teague Rd. 791 Teague Rd will be on the left just before S. Bend Dr.
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 37.15
- Lot Dimensions: .
Financial Considerations
- Price Per Acre: $18,842.5303
- Tax Amount: $1.1
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
- Documents Avail.: Plan, Plat
Listed by Mantle LLC
Sold by Nonmls
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Schools
Schools serving 791 Teague Rd
School District:Forsyth County Schools
| Name | Grades | Distance |
|---|---|---|
Easton Elementary 734 E Clemmonsville Road, Winston-Salem, NC 27107 | PK-5 | 1.5 mi |
Philo Middle 410 Haverhill Street, Winston-Salem, NC 27127 | 6-8 | 2.5 mi |
Parkland High 1600 Brewer Road, Winston-Salem, NC 27127 | 9-12 | 3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 791 Teague Rd
Date
Details
Price
Change
Source
6/22/2026
Sold
$700,000
-5.41%
MLS
11/14/2025
Listed
$740,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
791 Teague Road, Winston-Salem, NC 27107 (MLS# 1202014) is a Lots/Land property that was sold at $700,000 on June 22, 2026. Want to learn more about 791 Teague Road? Do you have questions about finding other Lots/Land 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.

