This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
$1,350,000
This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.
1/1
Property Description
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 31 lots at $400/month, serviced by a community well and individual septic systems. Situated outside the city limits of Reidsville but within the ETJ, the park cannot be expanded without a special-use permit from the City of Reidsville. 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. The septic lines for Lots 130 & 138 are on the adjoining property, with deeded easement access. Owners do not own any of the mobile homes. Community well and septic systems. Lot rents $400 per month beginning 4/1/26 one lot vacant.
Full Property Details
Full Property Details for 115 Washburn Lake Rd
General
- Sold For: $1,350,000
- Status: Closed
- Type: Commercial
- Source: Triad_MLS
- MLS ID: 1208997
- Added to Site: 197 day(s) ago
Location
- County: Rockingham
- Driving Directions: The mobile home park's address is 115 Washburn Lake Road, Reidsville, NC 27320. Lakes are at the end of the road.
Utilities
- Gas: Available: Nearby
- Sewer: Septic Tank
- Water: Private
Lot Features
- Lot Size (Acres): 58.8
- Lot Features: Cleared, Dead End, Multi Zones, Natural Land, Partially Wooded, See Remarks
Financial Considerations
- Price Per Acre: $22,959.1837
- Terms: Cash, Conventional
Disclosures and Reports
- Special Conditions: Owner Sale
Listed and Sold by Century 21 The Knowles Team
Get Pre-Approved Today
Schools
Schools serving 115 Washburn Lake Rd
School District:Rockingham County Schools
| Name | Grades | Distance |
|---|---|---|
Reidsville High 1901 South Park Drive, Reidsville, NC 27320 | 9-12 | 1.4 mi |
Monroeton Elementary 8081 U.S. 158, Reidsville, NC 27320 | K-5 | 2.8 mi |
Reidsville Middle 1903 South Park Drive, Reidsville, NC 27320 | 6-8 | 1.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 Washburn Lake Rd
Date
Details
Price
Change
Source
7/15/2026
Sold
$1,350,000
—
MLS
2/12/2026
Listed
$1,350,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
115 Washburn Lake Road, Reidsville, NC 27320 (MLS# 1208997) is a Commercial property that was sold at $1,350,000 on July 15, 2026. Want to learn more about 115 Washburn Lake Road? Do you have questions about finding other Commercial real estate for sale in Reidsville? You can browse all Reidsville real estate or contact a Coldwell Banker agent to request more information.

