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115 Washburn Lake Road, 
Reidsville, NC 27320

$1,350,000

—

Bed

—

Bath

-

Sq Ft

Multi-Family

Active

Listed by

Teresa S. Knowles

Century 21 The Knowles Team

Last updated:

February 26, 2026, 04:09 PM

MLS#

1208995

Source:

NC TRIAD

About This Home

115 Washburn Lake Road

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. Directions: The mobile home park's address is 115 Washburn Lake Road, Reidsville, NC 27320. Lakes are at the end of the road.

Home Facts

Multi-Family

Built in 1947

Price Summary

1,350,000

MLS #:

1208995

Last Updated:

February 26, 2026, 04:09 PM

Added:

18 day(s) ago

Structure

Structure

Year Built:

1947

Lot

Lot Size (Sq. Ft):

2,556,972

Finances & Disclosures

Finances

Price:

$1,350,000

MLS Logo

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Contact an Agent

Yes, I would like more information. Please use and/or share my information with a Coldwell Banker ® affiliated agent to contact me about my real estate needs. By clicking Contact, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a Coldwell Banker affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE®, CENTURY 21®, Corcoran®, ERA®, or Sotheby's International Realty®). I acknowledge that I have read and agree to the terms of use and privacy notice.