1. North Carolina
  2. Reidsville
  3. 115 Washburn Lake Road
$1,500,000

115 Washburn Lake Road, Reidsville, NC 27320

  • Property Icon Land
  • Property Year Built Icon Built in ——
  • Property Lot Size Icon58.7acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

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.

Listing Status:
Active
Date Added:
May 22, 2025 at 05:00AM
Listing Office:
CENTURY 21 The Knowles Team : 336-342-2022
Listing Agent:
Teresa Knowles : 336-613-8835
MLS ID:
10097970
  • Road/Access: County Road
  • Originating MLS: Triangle MLS
  • County: Rockingham

This listing courtesy of Teresa Knowles, CENTURY 21 The Knowles Team

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

S

South End Elementary School

1307 S Park Dr, Reidsville, NC, 27320

Grades KG-5

2.42 miles away

R

Reidsville Middle School

1903 S Park Dr, Reidsville, NC, 27320

Grades 6-8

1.52 miles away

R

Reidsville High School

1901 S Park Dr, Reidsville, NC, 27320

Grades 9-12

1.56 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.