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$1,650,000 Just Listed
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Property Description
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
Full Property Details
Full Property Details for 48 48 Acres Valley Rd
General
- Price: $1,650,000
- Taxes: $2,163
- Status: Active
- Type: Lots/Land
- Source: Triad_MLS
- MLS ID: 1219091
- Updated: 5/7/2026
- Added to Site: 1 day(s) ago
Location
- County: Forsyth
- Driving Directions: From Reynolda & Wake Forest Road Take Silas Creek Pkwy to Fairlawn Dr (1.3 mi) Use the 2nd from the left lane to turn left onto Fairlawn Dr (0.4 mi) Turn right onto Reynolda Rd (0.7 mi) Continue on Valley Rd. Drive to Barjean Ln (0.6 mi)
- City Limits: Yes
Utilities
- Sewer: Public Sewer
- Water: Public
Lot Features
- Lot Size (Acres): 48.48
- Lot Dimensions: 48.5 Acres
- Frontage Feet: Total Road Frontage:
- Road Maintenance: Public Maintained Road
- Lot Features: City Lot
Financial Considerations
- Price Per Acre: $34,034.6535
- Tax Amount: $2,163
Disclosures and Reports
- Special Conditions: Owner Sale
Listed by Mast Realty, Inc
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Price & Sales History for 48 48 Acres Valley Rd
Date
Details
Price
Change
Source
5/07/2026
Listed
$1,650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 48 48 Acres Valley Rd
48.48 Acres Valley Road, Winston-Salem, NC 27106 (MLS# 1219091) is a Lots/Land property with a lot size of 48.48 acres. 48.48 Acres Valley Road is currently listed for $1,650,000 and was received on May 07, 2026. Want to learn more about 48.48 Acres Valley 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.

