115 Washburn Lake Road, Reidsville, NC 27320

Local realty services provided by:Better Homes and Gardens Real Estate Paracle
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115 Washburn Lake Road,Reidsville, NC 27320
$1,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:teresa s. knowles
Office:century 21 the knowles team
MLS#:1181907
Source:NC_TRIAD

Price summary

  • Price:$1,500,000

About this home

Investor Alert! Rare opportunity to own an income-producing mobile home park with a private fishing retreat just off Hwy 29 at Exit 149. Washburn Mobile Home Park features 31 rented lots at $300/month each, with a community well and individual septic systems. Located outside Reidsville city limits but within the city’s ETJ, the park operates under grandfathered zoning—expansion requires a Special Use Permit. The 58.8-acre property includes the former Washburn Lake, a beloved fishing spot from 1947–2021, featuring an 8-acre catfish lake, 2-acre carp pond, 1-acre raising pond, and a bait/tackle building. Ideal for investors or fishing enthusiasts, this property offers steady passive income, natural beauty, and potential for revival or expansion. Don’t miss this unique blend of cash flow and outdoor charm! Contact us today for details or to schedule your private tour.

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Home facts

  • Year built:1947
  • Listing Id #:1181907
  • Added:84 day(s) ago
  • Updated:August 08, 2025 at 03:00 PM

Structure and exterior

  • Year built:1947

Schools

  • High school:Reidsville
  • Middle school:Reidsville
  • Elementary school:Monroeton

Utilities

  • Water:Public, Well
  • Sewer:Septic Tank

Finances and disclosures

  • Price:$1,500,000
  • Tax amount:$3,341
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