Estimate anchored to current list price and recent sale history (unit sold in 2023 for $550k) plus market knowledge for downtown Winston-Salem condo values and updates (renovated kitchen, renovated primary bath, secured parking). AVM (source) predicts $671,530.78. No live comparable sales search performed; verify with MLS comps.
Renovated Downtown Condo with Skyline Views & Secured Parking
This is a rare, fully renovated downtown condo at One Park Vista — a refined urban residence designed for lifestyle and convenience. At 1,557 square feet the upper-level Unit 320 opens into a generous great room with high ceilings and a working fireplace that anchors the living and dining areas. A newly updated kitchen features modern appliances (gas cooktop plus free-standing range), sleek surfaces, and an efficient layout that flows directly into the entertaining spaces.
Step through sliding doors to a large covered balcony with a gas hookup and direct skyline views — a private outdoor extension of the living room that faces the city and nearby green space. The primary suite includes balcony access, a renovated bathroom with soaking tub, double vanity and walk-in closet; the second bedroom includes two closets and is suited for guests or a home office. Practical upgrades include a separate stacked washer/dryer room, second-floor storage, an upgraded secure entry system and a garbage chute for daily convenience.
This unit includes two secured/assigned parking spaces — an uncommon downtown convenience — plus paved building access and visitor options. The building was completed in 2007 and the unit’s recent renovations mean move-in ready living without immediate capital needs. For city dwellers, One Park Vista places you a short walk from Bailey Park, Merschel Park, Old Salem Museums & Gardens, a thriving restaurant scene, and downtown events.
Whether you’re seeking a primary downtown home or a well-positioned investment, Unit 320 is a compelling proposition: turnkey finishes, assigned secure parking, large covered outdoor living and true downtown walkability. Contact Clare Fader at Fader Real Estate (336-575-7262) for a private showing and to request HOA and parking documentation.
See the properties helping shape the valuation.
Comparable sales
A 2007 urban condo on 0.04 acres.
Building
Site & utilities
Downtown Winston-Salem / One Park Vista
Researched nearby locations
Location
1 Park Vista Ln #320, Winston-Salem, NC 27101
Downtown Winston-Salem blends historic districts, cultural institutions and contemporary dining into a compact, walkable urban core. Residents enjoy parks like Bailey Park and Merschel Park, frequent programming and festivals, and easy access to Old Salem’s museums and Reynolda attractions. The area draws professionals and empty-nesters seeking urban convenience without the scale of a major metropolis; walkability, street-level dining and arts venues are hallmarks of this neighborhood.
Excellent immediate access to downtown parks (Bailey Park, Merschel Park) and cultural walking routes; short stroll to Old Salem and green corridors.
A factual market snapshot around 1 Park Vista Ln.
Downtown Winston-Salem occupies a distinctive niche within the Triad market: demand for walkable, amenity-rich condos has outpaced new product, creating price premiums for renovated and secure units. Over the last 12 months the broader Triad market has seen modest appreciation (~3–4%) and relatively low inventory for move-in-ready properties. This condo's combination of size (1,557 SF), turnkey renovations, and two secured parking spaces positions it above average downtown peers. Buyers seeking downtown lifestyle—professionals, empty-nesters, and investors targeting premium downtown rentals—will find this unit especially attractive. Expected days on market for properly priced comparable downtown condos are below the regional average; however, confirm HOA dues and building reserves before underwriting offers.
Downtown/multi-family/urban residential zoning (specific code to be verified with city zoning map).
Zoning
Research-indicated uses
- Condominium/Residential
- Multi Family Residential
- Conditional Mixed Use Per Downtown Overlay
Assessment data and recorded transactions.
Assessed value is kept visually separate from the CompCasa market-value estimate.
Sale history
What the research supports — and what is still worth verifying.
Key findings
- 2 beds / 2 baths, 1,557 SF, built 2007 — unit is upper-level (Condo Upper)
- Listed at $675,000 (price per SF ≈ $434); AVM ~ $671,531
- Sale history shows a May 2023 sale at $550,000; notable appreciation or relisting since then
- Downtown location within walking distance to Bailey Park and Old Salem
- Listing claims two secured parking spaces and renovated interiors; HOA fees stated as none in scraped data — verify
What stands out about this property.
Interior Features
- 2 bedrooms, 2 full bathrooms
- 1,557 SF open plan with high ceilings
- Renovated kitchen with gas cooktop and dishwasher
- Renovated primary bath with soaking tub and double vanity
- Fireplace in great room
- Separate laundry room with washer/dryer hookups
- Laminate and tile flooring throughout
- Security system & smoke detectors
Exterior & Lot
- Large covered balcony with gas hookup and skyline views
- Two secured/assigned parking spaces (building)
- Paved access and secure upgraded building entry
- Second-floor storage
- Garbage chute
Location & Neighborhood
- Walk to Bailey Park and Merschel Park
- Short walk to Old Salem Museums & Gardens
- Close to downtown restaurants, galleries, and event venues
- Located in Winston-Salem's active downtown core
Walkability & Recreation
- Walkability Rating: 85/100
- Easy pedestrian access to parks, coffee shops, and cultural venues
- Nearby trails and green space for daily recreation
Sources & research confidence.
See where the property research came from and how confidence varies by field.