4871 Phelps DriveWinston-salem, NC 27105Price: $493,650

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.