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.
For sale
$1,350,000
115 Washburn Lake Rd, Reidsville, NC 27320
--beds
--baths
--sqft
Est.:
Investment
Built in ----
58.8 Acres Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Historic washburn lake property
- 10 days |
- 614 |
- 20 |
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#: 1208997
Originating 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
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 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
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
BuyAbility℠ payment
Est. payment
$7,262/mo
Principal & interest
$6463
Property taxes
$799
Climate risks
Neighborhood: 27320
Nearby schools
GreatSchools rating
- 3/10Monroeton ElementaryGrades: PK-5Distance: 2.7 mi
- 3/10Reidsville MiddleGrades: 6-8Distance: 1.5 mi
- 2/10Reidsville HighGrades: PK,9-12Distance: 1.4 mi







