115 Washburn Lake Rd Reidsville, NC 27320
Estimated payment $8,270/month
Highlights
- Home fronts a pond
- Pond
- No HOA
- 58.7 Acre Lot
About This Home
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,341
Year Built
- Built in 1947
Lot Details
- 58.7 Acre Lot
- Home fronts a pond
- Property is zoned RA20R
Parking
- Driveway
Schools
- Reidsville Middle School
- Reidsville High School
Additional Features
- Pond
- Well
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 4
- Assessor Parcel Number 148816
- 1% Total Tax Rate
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,429 | $504,159 | $322,159 | $182,000 |
| 2024 | $3,341 | $504,159 | $322,159 | $182,000 |
| 2023 | $2,857 | $354,947 | $222,447 | $132,500 |
| 2022 | $2,857 | $354,947 | $222,447 | $132,500 |
| 2021 | $2,857 | $354,947 | $222,447 | $132,500 |
| 2020 | $2,857 | $354,947 | $222,447 | $132,500 |
| 2019 | $2,857 | $354,947 | $222,447 | $132,500 |
| 2018 | $2,421 | $300,380 | $253,113 | $47,267 |
| 2017 | $2,421 | $300,380 | $253,113 | $47,267 |
| 2015 | $2,421 | $300,380 | $253,113 | $47,267 |
| 2014 | $2,421 | $300,380 | $253,113 | $47,267 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/21/2025 07/21/25 | Price Changed | $1,500,000 | -16.7% | -- |
| 05/22/2025 05/22/25 | For Sale | $1,800,000 | -- | -- |
Source: Triad MLS
MLS Number: 1181907
APN: 148816
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