115 Washburn Lake Road, Reidsville, NC 27320
Local realty services provided by:Better Homes and Gardens Real Estate Paracle
115 Washburn Lake Road,Reidsville, NC 27320
$1,350,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: teresa s. knowles
Office: century 21 the knowles team
MLS#:1208995
Source:NC_TRIAD
Price summary
- Price:$1,350,000
About this home
Investor Alert! Rare chance to own a cash-flowing mobile home park with a private fishing retreat just off Hwy 29 at Exit 149. Washburn Mobile Home Park offers 30 rented lots at $400/month and 1 lot at $300/month, serviced by a community well and individual septic systems. Situated outside the city limits of Reidsville but within the ETJ, the park operates under grandfathered zoning (future expansion requires a Special Use Permit). The 58.8± acre tract also includes the historic Washburn Lake property—once a popular fishing destination—featuring an 8-acre catfish lake, 2-acre carp pond, 1-acre raising pond, and bait/tackle building. There is a unique blend of steady income, recreation, and future potential for revival or improvement. Ideal for investors, outdoor enthusiasts, or visionary redevelopment. Lots 130. 138, 142 & 148 septic lines are over on the adjoining property with deeded easement access. Owners do not own any of the mobile homes. Community well and septic systems. Directions: The mobile home park's address is 115 Washburn Lake Road, Reidsville, NC 27320. Lakes are at the end of the road....
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Home facts
- Year built:1947
- Listing ID #:1208995
- Added:42 day(s) ago
- Updated:March 03, 2026 at 04:51 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:$1,350,000
- Tax amount:$3,341
Parking
- Parking description:Driveway
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