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115 Washburn Lake Road, Reidsville, NC 27320

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For Sale
Price Reduced

$1,500,000

58.7 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Vacant Land
    Property type

  • 58.7 acres
    Lot size

Explore this Property

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.
MLS# 1181907

Listed By CENTURY 21 The Knowles Team

Property Features

  • Area Amenities
    Area Fishing
  • Area Description
    Fishing
  • Body of Water
    Pond
  • Lot Description
    Access Type - Road, Pond on Lot
  • Lot Size
    50-100 Acres, 58.7 Acres
  • Property Description
    Acreage
  • Road Type
    County Street
  • Sewer
    Septic
  • Style
    Other Style
  • Water
    Other Water Source

Map and Directions

Directions to 115 Washburn Lake Road, Reidsville, NC 27320

Home seller Meet the Agent,
Teresa S. Knowles

Get to know the neighborhood. A local affiliated CENTURY 21 agent will help you set up tours, give advice, and negotiate with sellers.

Teresa S. Knowles

of CENTURY 21 The Knowles Team

(336) 613-8835
Learn More About Me

Mortgage Calculator

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Monthly Payment Breakdown

  • Principle and Interest
    $0
  • Property Taxes
    $0
  • Hazard Insurance
    $0
  • Private Mortgage Insurance
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  • HOA Dues
    $0
  • Total Monthly Payment:
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Calculators provided for estimating purposes only. Consult with your lender to determine precise payment requirements.

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Data powered by Attom Data Solutions. Copyright© 2025. Information deemed reliable but not guaranteed.

This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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