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115 Washburn Lake Road

Reidsville, NC 27320

– beds
– baths
~59 acre lot
1947 build
– on site

Investor Alert! Catfish and Carp Enthusiasts Welcome! Discover a unique opportunity to generate steady income while enjoying a recreational area. This property has easy access to Highway 29 at Exit 149. Washburn Mobile Home Park has 31 rented lots, each generating $300 in monthly income, two requiring new septic systems, potential for 33 rentable lots. Community well with septic systems. Washburn Lake was a cherished fishing & tournament spot from 1947 to its closure in 2021. The lake spans 58.8 acres and features three ponds: an approximately 8-acre catfish lake, a 2-acre pond for carp, and a 1-acre pond for raising. A small building at the large Lake was previously used for selling bait & tackle. The property is outside the Reidsville city limits but within the City's (ETJ). The mobile home park is a grandfathered use, established before local zoning ordinances. If the park is to be expanded, the owner must apply for a special use permit to comply with the latest zoning regulations.

Listing courtesy of TRIAD / CENTURY 21 THE KNOWLES TEAM

Last checked: Checking… • Last updated May 22, 2025 •

MLS# 1181907 —

The Building

Year Built:

1947
# of Units Total:

31
Basement:

false
Basement:

false

Location

Directions:

115 Washburn Lake Road, Reidsville NC 27320 with Washburn Lake being 304 Washburn Lake Road, Reidsville NC
Latitude:

36.308886
Longitude:

-79.672367

The Property

Property Type:

Residential Income
Property Subtype:

Remarks
Lot Number:

4
Lot Size Acres:

58.7
Zoning:

RA20R
Land Description:

Pond
Price Per Acre:

30664.3952
Waterfront Features:

Pond

Listing Agent

Contact info:

Taxes

Tax Annual Amount:

$3,341

The Listing

Listing Terms:

Cash
Special Listing Conditions:

Owner Sale

Heating & Cooling

Cooling:

Other
Heating:

See Remarks
Heating Fuel:

Remarks

Utilities

Sewer:

Septic Tank
Water Heater:

Unknown
Water Source:

Public

Schools

Elementary School:

Monroeton
Middle Or Junior School:

Reidsville
High School:

Reidsville

The Community

Pool:

false
Pool Features:

None
Association:

false
Association:

Greensboro

Parking

Parking Features:

Driveway

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/22/25 May 22, 2025	Listed / Active	TRIAD	$1,800,000

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This multifamily located in NC 27320 is currently for sale for $1,800,000. 115 Washburn Lake Road is a multifamily with – beds and – baths that has been on Estately for 0 days. This multifamily is in the attendance area of Monroeton Elementary School, Reidsville High School, and Reidsville Middle School.

Listing Courtesy of: TRIAD and CENTURY 21 THE KNOWLES TEAM.

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