# 15 Spruce Pine Lane, Bassett, VA 24055

> **TL;DR:** land, $289,000. Est. $1,252/mo. Listed 104 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $289,000 |
| Lot Size | 373,745 sqft (8.58 acres) |
| Property Type | Land (Other) |
| Status | For Sale |
| Days on Market | 104 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,252 |
| **Total** | **$1,252** |

## Property Highlights

- 8.58 acre lot

## Description

### Agent Description
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!

## Location

- **Address:** 15 Spruce Pine Lane, Bassett, VA 24055
- **County:** Henry

## Listing Agent

- **Name:** Matthew Gallimore
- **Brokerage:** UC/Blue Ridge Land & Auction
- **Phone:** 5402392585
- **Email:** gallimore.matt@gmail.com

## Primary Photo

![15 Spruce Pine Lane - Primary Photo](http://lh.rdcpix.com/fea99b64549d7ec208573beb85c1043bl-f2618631237r.jpg)

*14 total photos available on [listing page](https://www.propertysimple.com/listing/15-spruce-pine-lane-bassett-va-24055-a426386)*

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**MLS#:** 426386 | **Updated:** 2026-06-19
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/15-spruce-pine-lane-bassett-va-24055-a426386)

---

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