100 G Wafco Lane — Wafco Mills Condo for Sale in Greensboro NC

2 Bed | 2 Bath Condo, Walking distance to Downtown Greensboro

$205,000

Under contract

If you need clarification on any item or would like to schedule a private showing, feel free to contact us.

Your dream home just went on the market in the heart of downtown Greensboro, NC! This stunning brick Brownstone-style condo at Wafco Mills, nestled in the historic College Hill neighborhood, sits just steps from the iconic Historic Wafco Mills grain mill. Beautifully maintained and brimming with charm, this property also offers a 3% buyer’s agent fee, making it a welcome opportunity for buyers and their agents alike. Listed below tax value!

https://www.joywatsonrealestate.com/recently-listed-homes/100gwafco-lane-greensboro-nc-27404

Historic Charm, Walkable Living

This 2-story College Hill condo blends historic character with modern convenience, set beside the iconic Wafco Mills Grain Mill. Located in one of Greensboro’s most walkable neighborhoods, you’re just minutes from downtown, campus life, and outdoor trails no commute required.

Highlights include:

Everything you need is right outside your door.

Frequently Asked Questions About 100 G Wafco Lane & Wafco Mills

What is the asking price for 100 G Wafco Lane? 100 G Wafco Lane is listed at $205,000. The unit is 1,030 square feet with 2 bedrooms and 2 full bathrooms.

What are the HOA dues at Wafco Mills? Monthly dues cover exterior maintenance, master insurance, common area upkeep, and professional management through Priestley Management. Look at RPOADS below for exact amount disclosed.

Are pets allowed at Wafco Mills? The Rules and Regulations address pet policies. Buyers should review the current Rules and Regulations document linked on this page and confirm pet policies directly with the COA before purchase.

Is Wafco Mills FHA approved? FHA approval status can change. Buyers using FHA financing should verify current approval status with their lender and through the HUD condo approval database prior to making an offer.

Can I rent out 100 G Wafco Lane? Yes, with restrictions. Wafco Mills requires a minimum 30-day lease. Short-term rentals (under 30 days) are not permitted. Mid-term rentals targeting travel nurses or corporate professionals are a popular and compliant option for 30 days or more terms.

How walkable is the Wafco Mills neighborhood? Very walkable. The community sits in College Hill, steps from the Rails-to-Trails Urban Loop Greenway, Tate Street Coffee, Greensboro College, and within easy walking or biking distance of UNCG, downtown restaurants, the Steven Tanger Center, and multiple breweries.

What is included in the sale? All appliances convey, including the refrigerator, dishwasher, and slide-in range. Two parking spaces are included — one assigned, one unassigned.

Who manages the Wafco Mills COA? Wafco Mills is professionally managed by Priestley Management and governed by an elected volunteer board. Annual meetings are held each November. Financial records and resale documents are available through HomeWiseDocs or Priestley Management.

How do I schedule a showing of 100 G Wafco Lane? Contact Joy Watson at (928) 699-8883 or Joy@JoyWatsonRealEstate.com. Buyer's agents are welcome and a 3% buyer's agent fee is offered (see form 220 in documents)

What neighborhoods are near Wafco Mills? Wafco Mills sits in the College Hill Historic District, bordered by Fisher Park and adjacent to UNCG, downtown Greensboro, and the Midtown corridor — one of Greensboro's most desirable walkable areas.

Key Features

This move-in-ready condo at 100 G Wafco Lane offers historic character with modern comfort in the heart of College Hill perfect for those seeking a walkable, downtown-adjacent lifestyle near Greensboro College A&T and UNCG.

Highlights include:

  • Prime Urban Location: Steps from downtown trails, the Steven Tanger Center, nightlife, breweries, and Tate Street Coffee

  • Flexible Two-Primary Layout: Two large primary bedrooms—one on each level each with a private en-suite bath; second-floor bedroom includes a balcony overlooking HOA-maintained greenspace

  • Spacious Living Area: 1,030 sq ft designed for entertaining, working from home, or relaxing

  • Fully Equipped Kitchen: All appliances convey, including updated refrigerator, dishwasher, and slide-in range

  • Timeless Details: Luxury vinyl plank flooring, stacked stone fireplace, and classic brick exterior

  • Outdoor Spaces: Covered entry porch, private balcony, landscaped community greenspace

  • Comfort Year-Round: Central heating and air with forced warm air system

  • Convenient Commuting: Close to major employers, campuses, and public transportation

  • Parking Included: Two parking spaces per unit: one assigned and one unassigned

  • Move-In Ready: Thoughtfully prepared for immediate occupancy

A rare opportunity to enjoy urban living with space, character, and unbeatable walkability.

Ownership Options at 100 G Wafco Lane
Wafco Mills HOA rule: Rentals must be 30 days or longer. A signed lease and current Rules and Regulations must be submitted to welovewafcomills@gmail.com.
How the Home Is Used Rental Approach Income Offset Potential* Why This Works
Owner occupied No rental None Simple path to build equity while living in a well located condo community.
Owner occupied + one room rental Room rental, 30+ days About $800 per month Offsets monthly housing costs while keeping owner occupancy and staying HOA compliant.
Full unit rental 12 month unfurnished lease About $1,700 to $1,850 per month Classic long term rental approach aligned with HOA rules and steady demand.
Mid term rental 30+ day stays About $2,300 to $2,700 per month Targets traveling professionals while staying compliant with the 30 day minimum.
*Income ranges are planning context only. Buyers should verify rents, expenses, and financing terms independently.

Additional Info

Explore 100 G at Wafco Mills

See how 100 G compares in the local market with a detailed report featuring recent neighborhood sales, pricing, and property data.

Greensboro Short-Term Rental Regulations

Greensboro short-term rental rules were updated in January 2024 and February 2025. Click here to learn what the current regulations mean for property owners.

Wafco Mills Rental Rules

Wafco Mills requires a 30-day minimum lease, making this unit well-suited for mid-term rentals such as travel nurses or other temporary professionals.
Helpful resources include Furnished Finder and the Wafco Mills Rules & Regulations.

About Wafco Mills COA

Wafco Mills is a professionally managed COA overseen by an elected volunteer board. Financials and dues are managed by Priestley Management, with annual meetings held each November for full transparency. Owners can access documents and submit requests through WafcoMills.com, while transaction professionals may obtain records via HomeWiseDocs or Priestley Management.

Connect with the Community

Stay connected with neighbors through the Wafco Mills website or the Wafco Mills page on Facebook.

Governing Documents

for Wafco Mills

These summaries are provided for general informational purposes only. Buyers are responsible for reviewing the complete governing documents and consulting appropriate professionals for legal, financial, or other advice. If there is any conflict, the recorded governing documents control.

Declaration of Condominium (Master Deed)

This document legally establishes Wafco Mills as a condominium community under North Carolina law and defines the structure of ownership. It covers unit boundaries, common and limited common elements, ownership interests, maintenance responsibilities, and use restrictions. Buyers should review it to understand what is owned individually, what is shared, and what responsibilities come with ownership.

Bylaws of the Association and Amendment to bylaws

The Bylaws explain how the Wafco Mills Condominium Association is governed and how decisions are made. They cover board structure, elections, meetings, voting procedures, officer roles, and general association operations. Buyers should review the Bylaws to understand how owners participate in governance and how community decisions are made.

Rules and Regulations

These rules provide day to day guidance for living in the community and are intended to be consistent with the Declaration and Bylaws. They typically cover parking, pets, noise, common area use, and other practical matters. Buyers should review these closely because they most directly affect daily living.

Architectural and Use Guidelines

Architectural guidelines address approval requirements for exterior or visible changes and help maintain consistent appearance throughout the community. They may cover items like fixtures, exterior modifications, and changes affecting common or limited common elements. Owners should confirm whether approval is required (it is) before making any exterior or visible changes.

Amendments and Recorded Updates

Amendments are recorded changes to the original governing documents adopted over time. They may revise or clarify rules, governance procedures, or other provisions. Buyers should review all recorded amendments because updated provisions can supersede older language.

Articles of Incorporation

Declaration

Amendment to the Declaration 1983

Amendment to the Declaration 1987

Amendment to the Declaration 2000

Bylaws

Photo Gallery

Interested? Have your licensed buyer’s agent contact us with any questions!

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