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Georgetown-Beacon Hill

Georgetown-Beacon Hill

Suburban Neighborhood in Winston-Salem, North Carolina

Forsyth County 27106

$212,824 Average Value
$149 Average Price per Sq Ft
4 Homes For Sale

Rapid growth, deep roots on the north side of town

Georgetown-Beacon Hill is a collection of quiet subdivisions on Winston-Salem’s northwest side, nearly 10 miles from downtown. The area overlooks the historic Bethabara Park, known as the city’s birthplace, and is close to both established and up-and-coming shopping corridors. “As a city, Winston has grown and thrived in all sorts of ways recently,” says Alex Quate, a Realtor with Fathom Realty who grew up in Winston-Salem. “In areas like this, where there’s more land available, builders have come in and purchased the larger acreages for development. There’s been a lot of growth with shopping around here. You’re close to grocery stores, gas stations and tons of different dining options.” She adds that some builders have planned development on residential communities around here as far in advance as 2030. “Considering this particular area is a great way to break into the market for first-time homebuyers. It’s all about location and price, and this is definitely a location to watch for.”

A hot housing market

These quiet streets are lined with mid to late-20th-century Colonial Revival, Split Level and ranch-style homes. There are some early 2000s-era Traditional-style homes and even Modern Transitional-style new construction dotted around the area, too. “We’re in a housing shortage in Winston, and there’s a lot of new construction on the north side,” says Leah Pappas Martinez, a north Winston native and Realtor with Premier Group. Most established properties overlook spacious, well-maintained lawns shaded by oaks, pines and maples. “They’re not making more land, only building more houses,” says Quate. “And the home values tend to range between $230,000 and $280,000, which is a sweet spot for first-time homebuyers. To get the kind of land you get here, farther west toward Pfafftown, for instance, prices jump drastically.” She adds that most homes tend to sell in about a week. “But if something is priced well, or just a tad under-value, and is move-in-ready, it will go in two or three days.”

Cedar split level rest on manicured lawns in Georgetown-Beacon Hill.
Cedar split level rest on manicured lawns in Georgetown-Beacon Hill.
Newer Craftsman homes offer affordability in Georgetown-Beacon Hill.
Newer Craftsman homes offer affordability in Georgetown-Beacon Hill.
Georgetown-Beacon Hill boasts generous lots.
Georgetown-Beacon Hill boasts generous lots.
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Parents and students love Hanes Magnet School in Winston-Salem.
Parents and students love Hanes Magnet School in Winston-Salem.

High school health magnet program

Old Town Elementary earns a C-plus from Niche. Mineral Springs Middle and North Forsyth High both earn Cs. North Forsyth draws students from around the county for its Health Magnet Program. Wake Forest University’s Winston-Salem campus is less than 4 miles south of the neighborhood and offers more than 50 majors to undergraduate students.

Bethabara and Malloy Parks

Historic Bethabara Park is less than 2 miles south of most homes. Named for Bethabara, the first European settlement in the North Carolina Piedmont region, the park’s preserved 18th-century buildings feature living history and static exhibits. The surrounding grounds offer more than 180 acres of protected wetlands and walking/birding trails. Bethabara Park hosts all kinds of seasonal events, too, like the annual Apple Festival and Boo! at Bethabara celebrations in the fall and Christmas at Bethabara in December. On the north side of the neighborhood, there’s a playground and a seasonal splash pad at Nelson L. Malloy Park.

Malloy Park is currently under renovation.
Malloy Park is currently under renovation.
Georgetown-Beacon Hill beckons hiking enthusiasts with Bethabara trailhead.
Georgetown-Beacon Hill beckons hiking enthusiasts with Bethabara trailhead.
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Big box shopping; food with local flair

On Reynolda Road, about 2 miles west, locals can pick up groceries and other everyday essentials at stores like Food Lion, Walgreens and La Victoria Grocery & Meat Market, a local Hispanic food shop. On University Parkway, about the same distance east, there’s a Walmart Neighborhood Market and a Target, too. The area is full of familiar favorite fast food and fast-casual chains but for a meal with more local flavor, residents can head closer to downtown. One of Quate’s favorite dining spots is the Piedmont Aviation Snack Bar, a mom-and-pop grill-style eatery at the Smith Reynolds Airport about 10 miles southeast. A little farther south, Quate also recommends visiting The Katharine Brasserie & Bar in the Kimpton Cardinal Hotel. The historic hotel was built in 1929 and served as the inspiration for New York City’s Empire State Building. “The Kimpton Cardinal gets a card for Mother’s and Father’s Day every year from the Empire State Building,” says Quate.

Georgetown-Beacon Hill residents flock to Pine Tree Tavern for daily lunch specials.
Georgetown-Beacon Hill residents flock to Pine Tree Tavern for daily lunch specials.
Cato Fashion: Stylish apparel awaits Georgetown-Beacon Hill.
Cato Fashion: Stylish apparel awaits Georgetown-Beacon Hill.
Georgetown-Beacon Hill residents can replenish their pantry at Walmart Marketplace.
Georgetown-Beacon Hill residents can replenish their pantry at Walmart Marketplace.
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Greater Winston-Salem area is connected to Georgetown-Beacon Hill through bus routes.
Greater Winston-Salem area is connected to Georgetown-Beacon Hill through bus routes.

Increased convenience to come

Most Georgetown-Beacon Hill homeowners are drivers, but for those who’d rather take the bus, Winston-Salem Transit Authority provides stops on main roads nearby. “If somebody has a commute, whether it’s to Greensboro or a different part of Winston, they can easily hop on Interstate 74 from here and get where they’re going,” says Quate. The 36-mile drive east to Greensboro can take as little as 40 minutes, depending on traffic. The 10-mile drive downtown takes less than 15 minutes. "The city is building a beltway that will make downtown Winston, Huntersville and Greensboro even more accessible to north side residents," Pappas Martinez says. The project, which will connect US Route 158 to Interstate 74, began in 2014 and the completion date is still TBD.

Megan Quintin
Written By
Megan Quintin
Tyler Newbold
Video By
Tyler Newbold

Agents Specializing in this Area

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Interested in learning more about homes in this area? Reach out to Magnolia Chavez de Moya, an experienced agent in this neighborhood.

Parks in this Area

Transit

Airport

Piedmont Triad International

46 min drive

Crime and Safety

1 - Low Crime, 10 - High Crime Georgetown-Beacon Hill US
Homicide 6 4
Sexual Assault 8 4
Assault with Weapon 7 4
Robbery 5 4
Burglary 4 4
Motor Vehicle Theft 4 4
Larceny 4 4
Crime Score 5 4

Source: WhatIsMyCrimeRisk.com

Demographics and Home Trends

Home Trends

Median Price (12 Mo)
$227,450
Median Single Family Price
$230,000
Average Price Per Sq Ft
$149
Number of Homes for Sale
4
Last 12 months Home Sales
46
Months of Supply
1.00
Median List Price
$230,000
Median Discount From 1st List Price
2%
Median Home Sale Price YoY Change
-1%

Home Facts

Number of Homes in Neighborhood
1,183
Median Year Built
1971
Avg. Single Family Home Size Sq Ft
1,473
Significantly below the national average
1,937
Average Townhouse Size Sq Ft
1,557
Average 2 Bedroom Size Sq Ft
974
Median Lot Size Sq Ft
18,295

Distribution of Home Values

Source: Public Records

Homes for Sale

Homes for Rent

Interested in learning more about homes in this area? Reach out to Magnolia Chavez de Moya, an experienced agent in this neighborhood.

Average Home Value




Source: Public Records

Property Mix - Square Feet

This Neighborhood Has More Renters

Demographics

Total Population
5,037
Median Age
35
Population Density
5 ppl/acre
Population under 18
27.7%
On par with the national average
23.8%
Population over 65
13.8%
Below the national average
19.1%

Finances

Median Household Income
$51,701
Significantly below the national average
$71,702
Average Household Income
$66,301

Education and Workforce

High School Graduates
77.8%
Below the national average
89.1%
College Graduates
19.5%
Below the national average
34.1%
Advanced Degrees
4.4%
% Population in Labor Force
69.3%

Weather

Annual Precipitation
44''
Average Winter Low Temperature
31°F
Average Summer High Temperature
88°F
Annual Snowfall
6''

Area Factors

Somewhat Bikeable

Bike Score®

18 / 100

Car-Dependent

Walk Score®

6 / 100
Source: Walk Score
Source: Walk Score

Sound Score® measures the noise level of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address.

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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
NEIGHBORHOOD
Georgetown-Beacon Hill
Magnolia Chavez de Moya
Magnolia Tree Realty
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