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Pending
  • $1,350,000

    115 Washburn Lake Rd, Reidsville, NC 27320

    --beds
    --baths
    --sqft
    : 
    Investment
    Built in ----
    58.8 Acres Lot
    $-- Zestimate®
    $--/sqft
    $-- HOA

    What's special

    Historic washburn lake property
    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.
    43 days
    |
    149
    |
    5
    |

    Zillow last checked: 7 hours ago

    Listing updated: 11 hours ago

    Listed by:

    Teresa S. Knowles 336-613-8835,

    CENTURY 21 THE KNOWLES TEAM

    Source: Triad MLS,MLS#: 1208997MLS LogoOriginating 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: 19 days
      • Listing agreement: Exclusive Right To Sell
      • Listing terms: Cash,Conventional
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/3/2026Pending sale$1,350,000
        Source: Triad MLS #1208997 Report a problem
        2/12/2026Listed for sale$1,350,000-10%
        Source: Triad MLS #1208995 Report a problem
        11/28/2025Listing removed$1,500,000
        Source: Triad MLS #1181907 Report a problem
        10/31/2025Listed for sale$1,500,000
        Source: Triad MLS #1181907 Report a problem
        10/10/2025Pending sale$1,500,000
        Source: Triad MLS #1181907 Report a problem
        7/21/2025Price change$1,500,000-16.7%
        Source: Triad MLS #1181907 Report a problem
        5/22/2025Listed for sale$1,800,000
        Source: Triad MLS #1181907 Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax 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

        BuyAbility℠ payment

        Est. payment
        $7,537/mo
        Principal & interest
        $6738
        Property taxes
        $799
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          Climate risks

          Neighborhood: 27320

          Getting around

          13 / 100
          Car-Dependent
          21 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 27320

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