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Downtown Winston-Salem House for Sale

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    $430,000

    • 3 Beds
    • 4 Baths
    • 2,200 Sq Ft

    523 W 1st St, Winston Salem, NC 27101

    Prime investment opportunity in the historic Holly Avenue District of Downtown Winston-Salem! This charming 1923 bungalow offers 3 bedrooms, 2 full baths, and 2 half baths. The main level features a primary suite with freestanding tub and separate shower. Upstairs includes a private-entry apartment-style space with kitchen, combo 1/2 bath, and laundry—perfect for rental income, Airbnb, or guest

    Greta Frye Wiley Keller Williams Realty Elite

    523 W 1st St, Winston Salem, NC 27101

Why Live in Downtown Winston-Salem

Downtown Winston-Salem is a vibrant neighborhood known for its mix of historic and modern living spaces. Condos range from lofts in renovated buildings like the historic YMCA on Spruce Street to upscale units in Twin City Lofts and One Park Vista. Single-family homes, primarily located in the Holly Avenue Historic District, feature Queen Anne, Italianate, Craftsman, and Prairie styles. Forsyth County Central Library, within a mile of most homes, offers various programs and a makerspace. The Downtown Arts District on Trade Street hosts monthly gallery hops and events like Art Crush. Kaleideum provides interactive exhibits for children, while live music can be enjoyed at The Ramkat and Winston Square Park. Truist Stadium is popular for Minor League baseball games, and Old Salem Museums & Gardens offers historical insights. Local shopping includes Design Archives Vintage & Handmade Emporium and Bookmarks bookstore, which hosts the annual Bookmarks Festival of Books & Authors. Dining options range from Founders Restaurant to Finnegan’s Wake and Señor Bravo Mexican Restaurant. Annual events include Juneteenth, Pride festival, RiverRun International Film Festival, and Gears & Guitars. The neighborhood is walkable with bike lanes and the Strollway trail. The Innovation Quarter, a hub for local employers, is nearby. Public transportation is accessible via the Clark Campbell Transportation Center. Major roads like U.S. Route 421 and U.S. Route 52 provide connectivity. Schools include highly rated Brunson Elementary and Reynolds High.

Home Trends in Downtown Winston-Salem, NC

Housing Trends

Median Sale Price
$435,000
Median Townhouse Sale Price
$317,900
Median 2 Bedroom Sale Price
$435,000
Average Price Per Sq Ft
$369
Number of Homes for Sale
1
Last 12 months Home Sales
7
Months of Supply
1.70
Median List Price
$449,000
Median Change From 1st List Price
3%
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