INNOVATE Real Estate
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 2 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 3 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 4 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 5 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 6 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 7 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 8 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 9 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 10 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 11 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 12 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 13 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 14 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 15 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 16 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 17 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 18 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 19 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 20 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 21 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 22 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 23 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 24 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 25 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 26 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 27 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 28 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 29 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 30 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 31 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 32 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 33 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 34 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 35 of 36
Stick/Site Built at 1037 Madison Avenue, Winston-Salem NC 27103, Winston-Salem, photo 36 of 36
36 photos

$324,900

1037 Madison Avenue, Winston-Salem NC 27103
Winston-Salem, NC 27103
Listed by Mason Norwood
Bedrooms
4
Bathrooms
2.5
Living area
2,199 sqft
Year built
1994

About this home

Don't miss this renovated Ardmore gem! Priced nearly $20,000 below tax value, this home presents a rare opportunity in one of Winston-Salem's most sought-after neighborhoods. The open-concept home offers 4 bedrooms and 2.5 baths on the main level, plus spacious upstairs flex space ideal for a home office, bonus room, or playroom. Recent updates include LVP flooring and carpet throughout, a beautifully renovated kitchen with stainless steel appliances, previously updated plumbing and electrical fixtures, two washer/dryer hookups, and previously installed roof, HVAC, vinyl siding, and replacement windows. Enjoy the impressive two-story covered deck overlooking the private backyard, plus a huge unfinished basement offering abundant storage or future expansion potential. Conveniently located near major hospitals, shopping, dining, and major thoroughfares. Don't miss this exceptional value in the heart of Ardmore!

Property details

MLS #
1225800
Property type
Stick/Site Built
Subdivision
Ardmore
Status
Active
Days on market
101
On market date
June 26, 2026
Stories
N/A
Total bathrooms
2.5
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.24 acres

Location

Get directions →
Loading map…

Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Bolton Elementary
1.34 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
374
Student:teacher ratio
12.1:1
District
Winston Salem / Forsyth County Schools
Middle
Flat Rock Middle
4.99 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
844
Student:teacher ratio
15.3:1
District
Winston Salem / Forsyth County Schools
High
Early College of Forsyth Co
0.58 mi away · Grades 9-12
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
260
Student:teacher ratio
28.9:1
District
Winston Salem / Forsyth County Schools

Walkability

Blended score for Winston-Salem's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

33
Car-dependent
out of 100
EPA National Walkability Index
6.7 / 20 -- Below average walkable

Market position

How this listing compares to current activity in Winston-Salem, from live MLS data.

On the market 101 days -- 20 more days than Winston-Salem's current average of 81 days.
For reference, the median list price across 51 active listings in Winston-Salem right now is $350,000.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

$
%
%
Adjust tax / insurance estimates
% / yr
$
/mo
Est. monthly payment
$2,107/mo
$64,980 down
$259,920 loan
Principal & interest$1,686
Property tax (est.)$271
Home insurance (est.)$150

Similar homes you might like

2035 Ardmore Village Lane, Winston-Salem NC 27127
New
$265,000
2035 Ardmore Village Lane, Winston-Salem NC 27127
Winston-Salem, 27127
3 bd·2 ba·1,344 sqft
0 days on market
Listed by Xueying Li
4040 Winburn Lane, Winston-Salem NC 27106
New
$382,900
4040 Winburn Lane, Winston-Salem NC 27106
Winston-Salem, 27106
4 bd·2.5 ba·3,195 sqft
0 days on market
Listed by Micaela Wall
416 Collingswood Drive, Winston-Salem NC 27127
New
$350,000
416 Collingswood Drive, Winston-Salem NC 27127
Winston-Salem, 27127
3 bd·2 ba·1,527 sqft
0 days on market
Listed by Britney Biles
2427 Cross Vine Lane, Winston-Salem NC 27103
New
$334,900
2427 Cross Vine Lane, Winston-Salem NC 27103
Winston-Salem, 27103
2 bd·2 ba·1,644 sqft
1 day on market
Listed by David Hawks
4511 Old Rural Hall Road, Winston-Salem NC 27105
New
$317,500
4511 Old Rural Hall Road, Winston-Salem NC 27105
Winston-Salem, 27105
3 bd·2.5 ba·1,811 sqft
1 day on market
Listed by Tracy Dowling
4058 S Main Street, Winston-Salem NC 27127
New
$309,900
4058 S Main Street, Winston-Salem NC 27127
Winston-Salem, 27127
3 bd·2 ba·1,314 sqft
0 days on market
Listed by Blake Ginther
1602 String Drive, Winston-Salem NC 27107
New
$303,990
1602 String Drive, Winston-Salem NC 27107
Winston-Salem, 27107
3 bd·2 ba·1,497 sqft
0 days on market
New construction
Listed by Elizabeth Ward
150 Stewart Road, Winston-Salem NC 27107
New
$297,000
150 Stewart Road, Winston-Salem NC 27107
Winston-Salem, 27107
4 bd·2.5 ba·1,833 sqft
0 days on market
Listed by Terri Bias

Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated 8 days ago.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.