115 Washburn Lake Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

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 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...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.
  1. Listed by Teresa S. Knowles • CENTURY 21 THE KNOWLES TEAM

Property Details for 115 Washburn Lake Road

Flood Zone
Partial
Zoning
RA20R
LISTING UPDATED: 02/12/2026 03:58 PM

Property Details for 115 Washburn Lake Road

StatusNew Listing
MLS #1208995
Days on Market1
Taxes$3,341 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Remarks
Year Built1947
Lot Size58.70 AC / 2,556,972 SF
CountyRockingham County

Location

Listing Courtesy of CENTURY 21 THE KNOWLES TEAM
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Building Information for 115 Washburn Lake Road

Stories-Residences31Year Built1947Building Size-Lot Size58.70 AC / 2,556,972 SF

Payment Calculator

$6,858 per month

30 year fixed, 6.15% Interest

Principal and Interest

$6,580

Property Taxes

$278

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 115 Washburn Lake Road

Summary
Location and General Information
  • County Or Parish: Rockingham
  • City: Reidsville
  • Directions: 115 Washburn Lake Road, Reidsville NC 27320 with Washburn Lake being 304 Washburn Lake Road, Reidsville NC
  • Latitude: 36.308888
  • Longitude: -79.669368
  • Postal Code: 27320
  • Postal Code Plus 4: 6620
  • City Limits: No
Taxes and HOA Information
  • List AOR: Greensboro
  • Tax Rate: .58%
  • Tax Annual Amount: $3,341.00
  • Tax Assessed Value: $504,159.00
  • Tax Legal Description: 58.70 AC TRACT 4 N G WASHBURN SR SURVEY
  • Tax Lot: 4
  • Tax Year: 2024
  • Parcel Number: 148816
  • Association: No
Parking
  • Parking Features: Driveway
School Information
  • High School: Reidsville
  • Elementary School: Monroeton
Property
Lot Information
  • Lot Size Acres: 58.7
  • Lot Size Dimensions: 0
  • Built Information: Existing
  • Lot Number: 4
  • Water Source: Public, Well
  • Year Built: 1947
Property and Assessments
  • Photos Count: 36
  • Property Type: Residential Income
  • Deed Book: 07E
  • Deed Page: 157
  • PlatBook: 15
  • PlatPage: 20
  • Documents Count: 3
Utilities
  • Heating Fuel: Remarks
  • Sewer: Septic Tank
  • Water Heater: Unknown
Interior and Exterior Features
Exterior Features
  • Pool Features: None
  • Pool: No
Interior Features
  • Cooling: Other
  • Heating: See Remarks
Multi Family
Multi-Family Information
  • Total Units: 31
  • Number Of Units In Community: 0
Rental
Rental Information
  • Listing Agreement: Exclusive Right To Sell

Property History for 115 Washburn Lake Road

DateEvent & SourcePriceAppreciation
Feb 12, 2026

Listed (Active)

TRIAD #1208997

$1,350,000
Feb 12, 2026

Listed (Active)

TRIAD #1208995

$1,350,000
Nov 27, 2025

Expired

TRIANGLEMLS #10097970

Nov 27, 2025

Expired

TRIAD #1181907

Oct 31, 2025

Listed (Active)

TRIANGLEMLS #10097970

Oct 31, 2025

Listed (Active)

TRIAD #1181907

Oct 20, 2025

Withdrawn

TRIAD #1181713

Oct 10, 2025

Pending

TRIANGLEMLS #10097970

Oct 9, 2025

Pending

TRIAD #1181907

Jul 21, 2025

Price Change

TRIANGLEMLS #10097970

$1,500,000
Jul 21, 2025

Price Change

TRIAD #1181907

$1,500,000
Jul 21, 2025

Price Change

TRIAD #1181713

$1,500,000
May 22, 2025

Listed (Active)

TRIANGLEMLS #10097970

$1,800,000
May 22, 2025

Listed (Active)

TRIAD #1181907

$1,800,000
May 22, 2025

Listed (Active)

TRIAD #1181713

$1,800,000
DateEvent & SourcePrice
02/12/2026

Listed (Active)

TRIAD #1208997

$1,350,000
02/12/2026

Listed (Active)

TRIAD #1208995

$1,350,000
11/27/2025

Expired

TRIANGLEMLS #10097970

11/27/2025

Expired

TRIAD #1181907

10/31/2025

Listed (Active)

TRIANGLEMLS #10097970

10/31/2025

Listed (Active)

TRIAD #1181907

10/20/2025

Withdrawn

TRIAD #1181713

10/10/2025

Pending

TRIANGLEMLS #10097970

10/09/2025

Pending

TRIAD #1181907

07/21/2025

Price Change

TRIANGLEMLS #10097970

$1,500,000
07/21/2025

Price Change

TRIAD #1181907

$1,500,000
07/21/2025

Price Change

TRIAD #1181713

$1,500,000
05/22/2025

Listed (Active)

TRIANGLEMLS #10097970

$1,800,000
05/22/2025

Listed (Active)

TRIAD #1181907

$1,800,000
05/22/2025

Listed (Active)

TRIAD #1181713

$1,800,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 115 Washburn Lake Road

Taxable ValueLand$322,159Additions$182,000Total$504,159
Tax Record2025$3,429 ($286 / month)
Home Facts
Stories1Lot Size2,556,972 SqFtStyleMiscellaneousZoningRES 20 REIDSVCountyROCKINGHAMAPN8903-00-11-3756-00

Schools near 115 Washburn Lake Road

This home is within Rockingham County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Monroeton Elementary
PublicPK to 5

Reidsville Middle
Public6 to 8

Reidsville High
Public9 to 12

The Score Center
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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115 Washburn Lake Road is a multi-family home for sale in Reidsville, NC 27320. This property was listed for sale on February 12, 2026 by CENTURY 21 THE KNOWLES TEAM, it's currently listed at $1,350,000. This listing's school district is Rockingham County School District. Nearby schools include Monroeton Elementary, Reidsville Middle and Reidsville High. 115 Washburn Lake Road is a 0-bed, 0-bath, multi-family home built in 1947.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of CENTURY 21 THE KNOWLES TEAM

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