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For sale
  • $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.
    10 days
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    614
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    20
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    Zillow last checked: 8 hours ago

    Listing updated: February 12, 2026 at 12:58pm

    Listed by:

    Teresa S. Knowles 336-613-8835,

    CENTURY 21 THE KNOWLES TEAM

    Source: Triad MLS,MLS#: 1208997MLS LogoOriginating MLS: Greensboro

    Tour with a local agent

    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
    • 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
    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
    $7,262/mo
    Principal & interest
    $6463
    Property taxes
    $799

      Climate risks

      Neighborhood: 27320

      Nearby schools

      GreatSchools rating

      Local experts in 27320

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