INNOVATE Real Estate
Stick/Site Built at 203 Cheltenham Drive, Winston-Salem NC 27103, Winston-Salem
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17 photos

$259,900

203 Cheltenham Drive, Winston-Salem NC 27103
Winston-Salem, NC 27103
Listed by Robert Salmons
Bedrooms
4
Bathrooms
2
Living area
1,778 sqft
Year built
1973

About this home

Four-bedroom, two-bathroom home in Salem Woods. This home features a smooth open floor plan centred around a cozy living room fireplace. The kitchen is updated with granite countertops and stainless-steel appliances, creating a functional flow for daily living and entertaining. The primary bedroom includes the comfort of a dedicated primary bathroom. Conveniently located just minutes from Hanes Mall, shopping, dining, and major highways.

Property details

MLS #
1236126
Property type
Stick/Site Built
Subdivision
Salem Woods
Status
Active
Days on market
13
On market date
September 22, 2026
Stories
N/A
Total bathrooms
2
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.28 acres

Location

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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
Ward Elementary
2.13 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
541
Student:teacher ratio
15.0:1
District
Winston Salem / Forsyth County Schools
Middle
Clemmons Middle School
2.04 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
1.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: F (2025)
Enrollment
1,166
Student:teacher ratio
18.2:1
District
Winston Salem / Forsyth County Schools
High
Early College of Forsyth Co
3.99 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.

23
Car-dependent
out of 100
EPA National Walkability Index
4.5 / 20 -- Least walkable

Market position

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

On the market 13 days -- 68 fewer 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

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Est. monthly payment
$1,715/mo
$51,980 down
$207,920 loan
Principal & interest$1,349
Property tax (est.)$217
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated 20 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.