Unimproved Land at 408 Townley Street, Winston-Salem NC 27103, Winston-Salem
Unimproved Land at 408 Townley Street, Winston-Salem NC 27103, Winston-Salem, photo 2 of 2
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$95,000

408 Townley Street, Winston-Salem NC 27103
Winston-Salem, NC 27103
Listed by John Mooney
Bedrooms
N/A
Bathrooms
N/A
Living area
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Year built
N/A

About this home

Nestled in the charming and historic Hanestown area, this lot located at 408 Townley St. offers a unique opportunity for savvy investors or businesses looking to establish a presence in a quaint yet vibrant part of Winston-Salem. This flat parcel of land boasts a generous size of .23 acre, providing ample space for development. Hanestown is known for its welcoming atmosphere and community-focused living, making it an attractive location for both businesses and their clientele. Whether you’re looking to build an office space or a cozy retail shop. 408 Townley St. is a canvas ready for your vision.

Property details

MLS #
1136563
Property type
Unimproved Land
Subdivision
N/A
Status
Active
Days on market
930
On market date
March 19, 2024
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
0.23 acres
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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 (e.g. NC Dept. of Public Instruction, SC Report Card).

Elementary
Moore Magnet Elementary
0.87 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
3.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
416
Student:teacher ratio
13.4:1
District
Winston Salem / Forsyth County Schools
Middle
Wiley Magnet Middle
2.12 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
2.3
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
773
Student:teacher ratio
16.4:1
District
Winston Salem / Forsyth County Schools
High
Early College of Forsyth Co
1.85 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.

73
Walkable
out of 100
EPA National Walkability Index
14.7 / 20 -- Above average walkable

Market position

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

On the market 930 days -- 849 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.

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Est. monthly payment
$722/mo
$19,000 down
$76,000 loan
Principal & interest$493
Property tax (est.)$79
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated January 21, 2026.

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.