115 Washburn Lake Road new to site Save Request In-Person Tour Request Virtual Tour
Reidsville,NC 27320
Key Details
Property Type Vacant Land
Sub Type Agriculture
Listing Status Active
Purchase Type For Sale
Subdivision Not In A Subdivision
MLS Listing ID 10097970
Annual Tax Amount $3,341
Lot Size 58.700 Acres
Property Sub-Type Agriculture
Property Description
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.
Location
State NC
County Rockingham
Community Fishing
Zoning RA20R
Exterior
Community Features Fishing
Utilities Available Septic Connected,Water Connected
View Y/N Yes
View Pond
Building
Lot Description Irregular Lot,Pond on Lot,Driveway
Sewer Septic Tank
Water Public
Schools
Elementary Schools Rockingham County Schools
Middle Schools Rockingham County Schools
High Schools Rockingham County Schools
Others
Special Listing Condition Standard