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 31 lots at $400/month, serviced by a community well and individual septic systems. Situated outside the city limits of Reidsville but within the ETJ, the park cannot be expanded without a special-use permit from the City of Reidsville. 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. The septic lines for Lots 130 & 138 are on the adjoining property, with deeded easement access. Owners do not own any of the mobile homes. Community well and septic systems. Lot rents $400 per month beginning 4/1/26 one lot vacant.
Pending
$1,350,000
115 Washburn Lake Rd, Reidsville, NC 27320
--beds
--baths
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Investment
Built in ----
58.8 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Historic washburn lake property
- 134 days |
- 45 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Teresa S. Knowles 336-613-8835,
CENTURY 21 THE KNOWLES TEAM
Source: Triad MLS,MLS#: 1208997
Originating MLS: Greensboro
Facts & features
Interior
Features
- Has basement: No
- Has fireplace: No
Property
Features
- Has view: Yes
- View description: Lake, Water
- Has water view: Yes
- Water view: Lake,Water
- Waterfront features: Lake Privileges, Pond, Lake
Lot
- Size: 58.8 Acres
- Features: Cleared, Dead End, Multi Zones, Natural Land, Partially Wooded, See Remarks
- Residential vegetation: Partially Wooded
Details
- Parcel number: 148816
- Zoning: RA20R
- Special conditions: Owner Sale
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Investment
Utilities & green energy
- Gas: Available: Nearby
- Sewer: Septic Tank
- Water: Private
Community & HOA
HOA
- Has HOA: No
Location
- Region: Reidsville
Financial & listing details
- Tax assessed value: $504,159
- Annual tax amount: $3,341
- Date on market: 2/12/2026
- Cumulative days on market: 22 days
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 3/3/2026 | Pending sale | $1,350,000 |
Source: | ||
| 2/12/2026 | Listed for sale | $1,350,000-10% |
Source: | ||
| 11/28/2025 | Listing removed | $1,500,000 |
Source: | ||
| 10/31/2025 | Listed for sale | $1,500,000 |
Source: | ||
| 10/10/2025 | Pending sale | $1,500,000 |
Source: | ||
| 7/21/2025 | Price change | $1,500,000-16.7% |
Source: | ||
| 5/22/2025 | Listed for sale | $1,800,000 |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2024 | $3,341 +16.9% | $504,159 +42% |
| 2023 | $2,857 | $354,947 |
| 2022 | $2,857 | $354,947 |
| 2021 | $2,857 | $354,947 |
| 2020 | $2,857 | $354,947 |
| 2019 | $2,857 +18% | $354,947 +18.2% |
| 2018 | $2,421 | $300,380 |
| 2017 | $2,421 | $300,380 |
| 2015 | $2,421 | $300,380 |
| 2014 | $2,421 | $300,380 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 27320
Nearby schools
GreatSchools rating
- 3/10Monroeton ElementaryGrades: PK-5Distance: 2.8 mi
- 3/10Reidsville MiddleGrades: 6-8Distance: 1.5 mi
- 2/10Reidsville HighGrades: PK,9-12Distance: 1.5 mi
A local agent can set up tours, give advice and negotiate with sellers.
- North Carolina
- Rockingham County
- Reidsville
- 27320
- 115 Washburn Lake Rd





