15 Spruce Pine Lane Bassett, VA 24055

Listing Agency: UC/Blue Ridge Land & Auction b***@swva.net Show Phone

Listed By: Matthew Gallimore · License #0225062681 Show Phone

Added: Feb 17 Changed: Jun 9 Last Checked: Jul 29 at 1:06PM

Report an Issue

MLS# 426386

Copyright © 2026 New River Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Located in Bassett, Virginia, this property is an approximately 8.58-acre mobile home park. It features 26 lots and is serviced by public water and private septic systems. The property is located minutes from Philpott Dam, which offers opportunities for boating, fishing, and hiking. The owner has recently invested over $40,000 in cleanup and removal of abandoned units. Currently, 9 tenants occupy 10 lots under month-to-month verbal agreements, generating a monthly income of $2,400. All tenants are current on payments. All mobile homes are tenant-owned, and no titles will transfer with the property. The property is sold as-is. The auction is subject to VA Statute 55.1-1308.2. This property presents a value-add opportunity.

Key Highlights

• +/- 8.58‑acre mobile home park with 26 lots
• Recent $40k+ investment in cleanup and removal of abandoned units
• Immediate upside potential through market rent adjustments

Property Analytics

Property Profile Location Intelligence

Current Use

Residential land & home ...

Suggested Use

Top Pick Real Estate Agency Building Supply Garden Center Furniture & Home Goods HVAC Service Home Appliance Store

Zoning and permitted uses should be independently verified with authorities.

Similar For Sale Nearby

Flex Warehouse with Showroom Offices

8655 Fairystone Park Highway, Bassett, VA 24055

$549,000

5,600 SF

View details

Medical Office Building

255 Riverside Dr, Bassett, VA 24055

$188,000

1,456 SF

View details

Restaurant Bar with Outdoor Patio

82 Saddleridge Rd, Bassett, VA 24055

$179,900

1,424 SF

View details

Recreational Waterfront Land Parcel

1799 Jarrett Drive, Bassett, VA 24055

$40,000

544,500 SF

View details

House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$299,000

1,150 SF

View details

Land Tract with Mature Woodland

Pine Valley Dr, Bassett, VA 24055

$139,900

20.87 Acres

View details

Specialty Brick Building

3321 Fairystone Park, Bassett, VA 24055

Contact for pricing

50,000 SF

View details

Bassett, VA Agricultural Land

93 Candyland Rd, Bassett, VA 24055

$38,500

7.55 Acres

View details

House and Mobile Home Park

44 Joyful Lane, Bassett, VA 24055

$328,000

0.00 Acres

View details

Recreation Land with Creek

1799 Jarrett Dr, Bassett, VA 24055

$40,000

12.50 Acres

View details

Bassett, VA Land For Sale

Mockingbird Ln, Bassett, VA 24055

$54,900

12.14 Acres

View details

Recreation Land with Natural Spring

Canary Dr, Bassett, VA 24055

Contact for pricing

9.55 Acres

View details

Frequently Asked Questions

What type of property is this?

Land - Mobile home park with 26 lots near Philpott Dam.

Where is this land located?

The property is located at 15 Spruce Pine Lane Bassett, VA.

What is the asking price?

The asking price for this property is $274,900.

What are key features of this property?

This property features: +/- 8.58‑acre mobile home park with 26 lots; Recent $40k+ investment in cleanup and removal of abandoned units; Immediate upside potential through market rent adjustments