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15 Spruce Pine LaneBassett, VA 24055Price: $165,000

  • Price: $165,000
  • Est. Mortgage of $/month
  • 20 Days on Market
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Federal 30-year interest rate: 6.0% last updated on Mar 5, 2026
* All Figures are estimates. Check with your bank or proposed mortgage company for actual interest rates.
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.
  • $165,000List Price
  • 8.58Acreage

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Listed by Matthew Gallimore of UC/Blue Ridge Land & Auction
Auction Property: List price may not reflect final sales price. List price is starting bid on the property and is non-reflective of value. Auction Ends April 21st at 4PM. 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!

Property Details of 15 Spruce Pine Lane

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 "Based on information submitted to New River Valley Association of REALTORS as of March 9, 2026 7:12 AM EDT. All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing."

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