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115 Washburn Lake Road, Reidsville, NC 27320

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For Sale

$1,800,000

58.7 acres

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Vacant Land
    Property type

  • Newly Listed
    Time on Century 21

  • 58.7 acres
    Lot size

Explore this Property

Investor Alert! Catfish and Carp Enthusiasts Welcome! Discover a unique opportunity to generate steady income while enjoying a recreational area. This property has easy access to Highway 29 at Exit 149. Washburn Mobile Home Park has 31 rented lots, each generating $300 in monthly income, two requiring new septic systems, potential for 33 rentable lots. Community well with septic systems. Washburn Lake was a cherished fishing & tournament spot from 1947 to its closure in 2021. The lake spans 58.8 acres and features three ponds: an approximately 8-acre catfish lake, a 2-acre pond for carp, and a 1-acre pond for raising. A small building at the large Lake was previously used for selling bait & tackle. The property is outside the Reidsville city limits but within the City's (ETJ). The mobile home park is a grandfathered use, established before local zoning ordinances. If the park is to be expanded, the owner must apply for a special use permit to comply with the latest zoning regulations. The mobile home park's address is 115 Washburn Lake Road, Reidsville, NC 27320. Lakes are at the end of the road.
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
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  • Property Taxes
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  • Hazard Insurance
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  • Private Mortgage Insurance
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  • HOA Dues
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  • 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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