Description
Prime Infill Development Opportunity - Ideal for Affordable Housing 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.
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0BEDS
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1.68ACRES
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0BATHS
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01/2 BATHS
School Information
Listing courtesy of eXp Realty: . © 2026 Doorify MLS, Inc. of North Carolina. All Rights Reserved. Information deemed reliable but not guaranteed.
Description
Prime Infill Development Opportunity - Ideal for Affordable Housing 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.
©2026 Doorify MLS, Inc. of North Carolina. All rights reserved. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use. Listings marked with an icon are provided courtesy of the Doorify MLS,
Inc. of North Carolina, Internet Data Exchange Database. Data last updated 2026-05-18T17:51:13.373.