Under contract
15 Spruce Pine Lane
Bassett, VA 24055
$274,900
- 8.6acres
Listed by Matthew Gallimore and Darin Greear, UC/Blue Ridge Land & Auction
About this land.
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!
Facts and features.
The land
- Type
- Land
Outside and lot
- Lot setting
- Gentle Sloping
Utilities
- Water source
- Public
Community
- HOA dues
- None
- County
- Henry County
The listing
- Annual tax
- $345 (2025, from the listing)
- Source
- New River Valley Association of REALTORS® MLS #426386
Price and status history.
175
days on market
| Date | Event | Price |
|---|---|---|
| Aug 11, 2026 | Under contract | $274,900 |
| Feb 17, 2026 | Listed for sale | $165,000 |
Location.
15 Spruce Pine Lane, Bassett, VA 24055
Listing information
Listing courtesy of Matthew Gallimore and Darin Greear, UC/Blue Ridge Land & Auction.
Displayed by GRAVITY Real Estate Group.
Information last updated .
Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed and should be independently verified. Listings are courtesy of the listing brokerage shown with each property.
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