$285,000
3 Bed · 2 Bath · 1,622 Sq Ft
Single-story living with an updated kitchen, deck, and large yard
3
Beds
2
Baths
1,622
Sq Ft
1990
Built
0.47 acres
Lot
No Garage
Garage
This single-level ranch immediately stands out for its generous 0.47-acre corner lot and thoughtful updates — a rare combination in Fairview Estates. Approaching the home you’ll notice the wide frontage and mature yard, a flexible outdoor canvas that includes a covered porch, deck and established garden beds. With 1,622 square feet on one floor, the layout emphasizes comfortable, low-maintenance living and outdoor opportunities that extend the usable space well beyond the footprint of the house.
Inside, the kitchen has been modernized with solid-surface counters, a double oven and a wet bar — practical upgrades for everyday cooking and for hosting friends and family. Flooring transitions between wood, tile, vinyl and carpet define distinct living zones without sacrificing cohesion. The living room features a fireplace that anchors the floor plan, offering a warm focal point for gatherings and quiet evenings alike. Two bathrooms and three bedrooms keep household traffic simple and efficient.
Practical systems include a heat pump for heating and central cooling; the roof is shingle-style (roof age should be verified during inspection). There’s no attached garage, but the flat lot and driveway provide accessible parking and potential space for a future garage or outbuilding subject to zoning. Recent comparable sales on Willmeade Drive and nearby streets support a market value in the mid-$200s, making this well-updated ranch a compelling option for buyers who want outdoor room without the maintenance demands of a larger estate.
Beyond the property line, Fairview Estates delivers convenient access to neighborhood parks and everyday essentials. Hobby Park and Griffith Park sit just over a mile away, and West Clemmonsville Road is 0.2 miles from the property for quick commutes. Buyers with a flexible school plan or those focused on location and lot-size will find this house especially appealing. Whether you’re prioritizing immediate move-in readiness, rental potential, or a home with expansion possibilities, 4140 Willmeade Drive blends practical upgrades and rare lot size in a stable, balanced local market.
Fairview Estates is a residential pocket in southeast Winston-Salem that prioritizes quiet streets, mature yards and park access. Hobby Park and Griffith Park sit just minutes away, making weekend walks and youth sports convenient. Quick access to West Clemmonsville Road connects residents to shopping and commuting corridors, while local bakeries and small businesses serve daily needs. The community feels suburban and practical — appealing to buyers who value outdoor space, single-level living, and proximity to regional amenities. Note: public school ratings in the immediate zone trend below county averages, which some buyers factor into their decision.
The local market around 4140 Willmeade Dr is balanced with modest appreciation and relatively low inventory. Current Triad MLS figures show a median sale price of roughly $279,900, average days on market near 41, and about 2.5 months of inventory — conditions that neither heavily favor buyers nor sellers. Single-family ranches in Fairview Estates are moving steadily; recent comparable sales within a half-mile closed in the $235K–$265K range, with price-per-square-foot comparisons supporting an estimated value midpoint of $285,000 for this updated 1,622 SF ranch. Rental demand in the immediate area remains steady as well: market-derived rent-per-square-foot and the rental estimate peg monthly rent near $1,600, yielding roughly a 6.7% gross yield for investors.
For buyers, the current climate means reasonable negotiating room but not prolonged listings — expect typical days on market around six weeks. For sellers, well-maintained homes with desirable outdoor space and updates (like this property’s kitchen and wet bar) attract attention quickly. Important local variables include below-average public school ratings, which can influence family buyers, and the property’s attractive lot size, which adds resale appeal. Overall, this is a stable market to transact in, especially for buyers seeking value and outdoor space in Winston-Salem.
Kimmel Farm Elementary
Elementary
Flat Rock Middle
Middle
Parkland High
High
Good local park access with Hobby Park (1.0 mile) and Griffith Park (1.3 miles), plus neighborhood green space for walking and casual biking; easy drives to additional recreational amenities.
Well-maintained ranch in a convenient Winston Salem neighborhood with modern updates and significant appreciation since last sale. Spacious lot and proximity to amenities enhance appeal. Balanced market conditions suggest stable investment potential.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$275K
Midpoint
$285K
High
$295K
$176/SF estimated price per square foot
Sales comparison approach using 3 comparable sales within 0.5 miles sold in last 6 months. Adjusted for lot size, condition, and bedroom count. Assessed value of $160K appears below market.
As of 2026-03-08
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
Steady population growth with increasing property values; Walkability Rating estimate: 40/100.
Proximity to parks and local amenities; Hobby Park and Griffith Park within 1.3 miles; local dining and shopping options nearby.
Market data is based on aggregated public records and may not reflect real-time conditions.
Allowed Uses
$100/SF
Arm's length transaction
$56/SF
Arm's length transaction
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