$280,369Average Value$242Average Price per Sq Ft1Home For Sale
Close to downtown and lots of greenery
Residents living in Knollwood-Hanestown enjoy their proximity to downtown Winston-Salem —which is only a 4-mile drive via U.S. Route 421 South — and local highways. U.S. Route 158 bisects the neighborhood from north to south. "Residents have access to lots of great shopping and dining," says COVO Realtor Sarah Katsamas, who lived in Winston-Salem for 30 years. U.S. Route 158 bisects the neighborhood from north to south. Known as a City of Arts and Innovation, Winston-Salem is home to acclaimed universities, a bustling culture and a renowned culinary scene
Price tags are easy on the wallet
Knollwood-Hanestown is an older neighborhood that features brick ranch homes, with or without basements, and Cape Cods. Lot sizes typically start at ¼-acre and get larger the closer the house is to downtown. Prices range from $205,000 to $479,000, and most homes have garages. For $212,000, a buyer can get a 1,606-square-foot, three-bedroom, 2-bath house on nearly ½ acre. For $430,000, a buyer can get a 2,087-square-foot three-bedroom, two-and-a-half-bath Cape Cod on ¼ acre. Yard space ranges between ¼ to ½ acre. Most homes have garages, and some of the tree-lined streets have sidewalks. Enveloped by a thick growth of trees, the streets are narrow, and there are no sidewalks.
Affordable brick ranch-style homes are available in Knollwood-Hanestown.
Knollwood-Hanestown offers Cedar homes and diverse architecture.
A Bark Box near Knollwood-Hanestown has been adorned with a vibrant mural.
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Midde school has robust athletics department
Students can attend Whitaker Elementary School, which has an A-minus from Niche. Wiley Magnet Middle School has a robust athletic department, offering soccer, football, track and basketball with a B-minus from Niche. RJ Reynolds High School, with a B-plus from Niche, has an award-winning arts magnet program.
Whitaker Elementary School has a 3.4 on Niche.
Wiley Magnet School is within walking distance of Hanes Park.
Reynolds High School located in West Highlands scores a B+ on Niche.
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Nearby park has lots of amenities
Residents must leave the neighborhood to get to Miller Park, a 1-mile drive via local roads. The park is surrounded by woodland and offers bocce courts, picnic shelters, a playground, softball diamonds, lighted tennis courts, a walking trail, restrooms and horseshoe pits. There is also a recreation center that offers specialized programming. For avid golfers, the Heather Hils Golf Course is a 3.2-mile drive via local roads. The complex is an 18-hole executive golf course with a café and a pro shop.
Local residents in Knollwood-Hanestown enjoy playing Bocce Ball at Miller Park.
For an early morning run, the greenway near Knollwood-Hanestown offers a convenient location.
The Miller Park community center offers morning tennis lessons.
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Post office influences city name
Winston-Salem was founded in 1913 from two separate towns a mile apart. Winston was named in 1851 after Major Joseph Winston, a Revolutionary War hero. Salem, from the Hebrew word "shalom," was created by colonists in 1766. In the 1880s, the U.S. Post Office started to refer to the towns with the two names together as Winston-Salem. Following a decade of contention, the U.S. Post Office established the Winston-Salem post office in 1899, officially incorporating the name "Winston-Salem."
From big box to local retail
For grocery shopping, residents have a few choices, including Publix, Harris Teeter, Food Lion and Trader Joe's, all within a 2-mile drive from anywhere in the neighborhood. Knollwood-Hanestown has a few independent businesses like the woman-owned Southern Home & Kitchen, which offers the latest in home décor, cooking classes and kids' camps. Locals can drive 1.4 miles via local roads to Hanes Mall, the only indoor mall in Winston-Salem, which features chain store favorites like Belk, Dillard's, Macy's, JCPenney and Old Navy. The complex sits off Stratford Road, the main thoroughfare throughout the city. "The majority of the residents do their shopping at Hanes Mall Boulevard and Stratford Road," Katsamas says. A local favorite. the Loop Restaurant is a 1-mile drive via back roads. The eatery has been serving burgers, pizza and milkshakes to the Winston-Salem community since 2002. For a more extensive dining selection, residents can head downtown, where they'll find 75 restaurants and 30 bars and breweries.
Trader Joe's is an excellent choice for restocking your shelves in Knollwood-Hanestown.
Hanes Mall Shopping Center is just minutes away from Knollwood-Hanestown.
Thruway Shopping Center offers a selection of vibrant pottery to discover.
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Universities and hospitals good for local economy
"The hospitals and universities bring in new people and provide employment for residents," Katsamas says. Though there are a couple of Winston-Salem Transit Authority bus stops nearby, most people rely on their cars for transportation. Piedmont Triad International Airport is a 28-mile drive via I-40 E.
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
Justin O'Brien,
an experienced agent in this neighborhood.
Parks in this Area
Hathaway Park
Whitaker Park
Miller Park
Runnymede Park
Trails
Lockland Park
Stratford Road Park
Transit
Airport
Piedmont Triad International
38 min drive
Knollwood-Hanestown Demographics and Home Trends
On average, homes in Knollwood-Hanestown, Winston-Salem sell after 3 days on the market compared to the national average of 70 days. The median sale price for homes in Knollwood-Hanestown, Winston-Salem over the last 12 months is $273,500.
Looking for a beautiful 3 bedroom 2 bath house near restaurants and shopping? Come check out this home! Enjoy days grilling out on the back deck overlooking a fenced in back yard while the dogs or kids play. Recently updated with new carpet and appliances.
Located in Knollwood Manor—one of Winston-Salem’s well-established and peaceful neighborhoods—this home offers the perfect blend of convenience and comfort. You'll enjoy easy access to shopping, entertainment, hospitals, and major roadways, all while nestled in a tranquil setting. Designed for one-level living, it's ideal for both the young and the young at heart. Inside, you'll find beautiful
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
Welcome to this charming property located in the heart of Winston-Salem. Featuring a practical layout and well-maintained details throughout, this home offers both comfort and convenience. Ideally situated near shopping, dining, and with easy access to major roads, it’s perfect for anyone seeking a central location without sacrificing peace and quiet.Don’t miss the opportunity to make
Interested in learning more about homes in this area?
Reach out to
Justin O'Brien,
an experienced agent in this neighborhood.
Average Home Value
Source: Public Records
Property Mix - Square Feet
This Neighborhood Has More Owners
Demographics
Total Population
875
Median Age
43
Population Density
3 ppl/acre
Population under 18
19.2%
On par with the national average
23.8%
Population over 65
22.6%
On par with the national average
19.1%
Finances
Median Household Income
$71,313
On par with the national average
$71,702
Average Household Income
$77,352
Education and Workforce
High School Graduates
93.1%
College Graduates
53%
Above the national average
34.1%
Advanced Degrees
28.3%
Above the national average
13.3%
% Population in Labor Force
67.2%
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®
37/ 100
Somewhat Walkable
Walk Score®
63/ 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.
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.
