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15 Spruce Pine Lane, 
Bassett, VA 24055

$274,900


—

Bed


—

Bath


-

Sq Ft


8.58

Acres (Lot)


Land

Pending

Listed by

Matthew Gallimore

, 

Darin Greear

Uc/Blue Ridge Land & Auction

, 

Long & Foster - Blacksburg

540-745-2005

Last updated:

October 10, 2026, 07:53 AM

MLS#

426386

Source:

VA NRVAR

About This Land

15 Spruce Pine Lane

Prime investment opportunity in Bassett, VA! This +/- 8.58-acre mobile home park features 26 total lots, serviced by public water and private septic. Ideally located minutes from Philpott Dam for boating, fishing, and hiking. Owner recently invested $40k+ in professional cleanup and removal of abandoned units. Currently, 9 tenants occupy 10 lots on flexible month-to-month verbal agreements, providing immediate upside for market rent adjustments or management changes. Monthly income is $2,400 with all tenants current. All mobile homes are tenant-owned; no titles transfer. Information is limited to exterior inspection. Buyer acknowledges potential regulations regarding home relocation. Property sold as-is. Auction is subject to VA Statute 55.1-1308.2. Great value-add potential in a scenic location!

Land Facts

Description/Design:

Land

Lot Size (Acres)

8.58

MLS #:

426386

Last Updated:

October 10, 2026, 07:53 AM

Added:

8 month(s) ago


Finances & Disclosures

Finances

Price:

$274,900

Source:VA NRVAR
The information being provided by New River Valley Association Of REALTORS® Mls is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The information is deemed reliable but not guaranteed and should therefore be independently verified. © 2026 New River Valley Association Of REALTORS® Mls All rights reserved.

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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.