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.