4871 Phelps Drive

Off Market

4871 Phelps Drive

Winston-Salem NC 27105

5667156 sq. ft.

Land

Last sold for $493,650

William Mcfarlane, last sold this property on 02 July 2026 after 407 days on market.

Overview

We are excited to reintroduce this exceptional opportunity: an expansive assemblage of parcels totaling approximately 130 acres near Winston-Salem, now with newly established access to Phelps Dr. This unique offering now presents an even stronger opportunity for developers and investors to capitalize on the area's continued growth. This collection of parcels presents an unparalleled opportunity to develop in one of North Carolina's most dynamic regions. The land's substantial size and favorable zoning (RS20 and RS9) make it suitable for a wide range of residential projects. The proximity to urban amenities coupled with the tranquility of a vast landholding offers the best of both worlds. Properties of this size and strategic location are increasingly rare in today's market. Whether you're an experienced developer or an astute investor, this offering presents a remarkable opportunity that should not be missed. Access and development are not guaranteed and may require road upgrades or additional approvals. Buyers should verify all requirements with NCDOT and local planning authorities. The property comprises 7 parcels sold together, identified as GIS#s 6848-16-3842.00, 6848-34-3802.00, 6848-26-6948.00, 6848-26-0556.00, 6848-16-6946.00, 6848-16-0819.00, and 6848-16-1707.00. NCDOT# 261424, 252796, and 260996 (use 261424 for bidding) The buyer is responsible for all due diligence regarding the property. Lot size is not guaranteed and should be verified independently by the buyer. Blue-line streams, a pond, and approximately 24 acres of floodplain are present. Well water is currently required but there is public water along Davis Rd, Phelps Dr, Three Hills Dr, and Jackson View Rd. Natural gas easement present. Public sewer not available. Please note, this is an online Auction. Buyers should be prepared for the bidding process. There is an additional Buyer Premium Payment due in addition to the purchase price. The Buyer Premium payment is non-refundable. This property is owned by NCDOT and they reserve the right to unilaterally back out of the sale at any time up until the deed has been recorded. The title will be transferred via QuitClaim Deed.

Features

5667156 sq. ft. lot size

Land

Estimated Value

Based on this property and similar land plots sold in Winston-Salem over the last 12 months, the estimated median property value of 4871 Phelps Drive is $12k.

Median value

$12k

Estimated value range

$180 - $493.65k

Median days on market

Estimated value trend

138%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Winston-Salem. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4871 Phelps Drive

2026

Sold

$493,650

02 Jul 2026 by William Mcfarlane, of Carolina Land Experts

Happy sellers in Winston-Salem

We have insufficient information to provide an overview of customer satisfaction for Winston-Salem. Viewing the agent profiles, reviews and sales for Winston-Salem can provide insights for this location.

Local market activity for land plots in Winston-Salem

In the last 12 months, 23 land plots similar to 4871 Phelps Drive, have been sold.

This represents a 4% decrease in land plots sales when compared to the previous 12 months.

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Winston-Salem for a market analysis.

Frankie Cartagena

at Realty ONE Group Results | Winston-Salem

(33 reviews)

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Lauria Yeary

(32 reviews)

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Carolyn Z. Esterly

at REMAX Preferred Properties | Newton

4.9

(7 reviews)

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Valerie Vincent

at Dream Builders Realty Llc

4.9

(14 reviews)

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Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Winston-Salem

Frankie Cartagena

Frankie Cartagena is an award winning recommended agent for Winston-Salem. They have 4 local sales and collected 2 local reviews across the last 12 months.