Property details
About 115 Washburn Lake Rd
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.
Highlights
Summary
- View: Pond
- List Price: $1,500,000
- Annual Tax Amount: $2,857
- Tax Year: 2023
- Lot: Irregular Lot, Driveway
- Directions: 115 Washburn Lake Road, Reidsville NC 27320 with Washburn Lake being 304 Washburn Lake Road, Reidsville NC
- Lot Size: 58.7 Acres
- MLS Number: 10097970
- MLS Name: Doorify MLS
- Office Name: CENTURY 21 The Knowles Team
- Office Phone: (336) 342-2022
- Listing Agent: Teresa Knowles
Copyright © 2025 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.
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Last updated on: 7/24/2025, 3:40:35 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $354,947 | $2,857 |
| 2022 | $354,947 | $2,857 |
| 2021 | $354,947 | $2,857 |
| 2020 | $354,947 | $2,857 |
| 2019 | $354,947 | $2,421 |
| 2018 | $300,380 | $2,421 |
| 2017 | $300,380 | $2,421 |
History based on county public records data.
Nearby schools
3
South End Elementary School
Public District KG-5
2.4 mi
•1307 S Park Dr
4
Monroeton Elementary School
Public District KG-5
2.8 mi
•8081 US 158
4
Williamsburg Elementary School
Public District KG-5
3.2 mi
•2830 Hwy 87
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $62,240. Residents of Reidsville, NC typically earn between $35k-100k each year. The most common type of family is single, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Figure Skating
Extreme Sports
NASCAR
Where do the neighbors shop?
Kmart
Academy Sports & Outdoors
Dollar General
Where do the neighbors go to eat?
Bob Evans
Little Caesars
Cracker Barrel
What do the neighbors drive?
Buick
Chevrolet
Ram
What do the neighbors listen to?
Oldies
Country- Classic Country
Frequently asked questions
About 115 Washburn Lake Rd
The listing price of 115 Washburn Lake Rd property is $1,500,000.
The property 115 Washburn Lake Rd is land located in Reidsville, North Carolina, 27320.
Active Listing: 115 Washburn Lake Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 115 Washburn Lake Rd are: South End Elementary School (GreatSchools Rating 3/10), Monroeton Elementary School (GreatSchools Rating 4/10), Williamsburg Elementary School (GreatSchools Rating 4/10), Reidsville Middle School (GreatSchools Rating 2/10), Rockingham County Middle School (GreatSchools Rating 7/10), Brown Summit Middle School (GreatSchools Rating 7/10), Reidsville High School (GreatSchools Rating 2/10), Rockingham County High School (GreatSchools Rating 6/10), Rockingham County Early College High School (GreatSchools Rating 8/10).
According to the records, the last property tax for 2023 is $2,857 (source: MLS/based on county public records data).
The property 115 Washburn Lake Rd is 58.7 acres.
This home is located at 115 Washburn Lake Rd in Reidsville, NC and zip code 27320. Features: 0 bathroom. It has been listed on Rocket Homes since May 22, 2025 and is currently priced at $1,500,000.
Reidsville, NC housing market in June 2025 saw over 5 listings sold above listed price, more than 10 sold at listed price and over 19 sold below. The number of homes for sale in Reidsville, NC increased by 6.4% between May and June 2025. Listings spent 38 days on the market in June 2025, and had a median list price of $239,900 during the same period.