Unimproved Land at 8942 Spearman Road, Reidsville NC 27320
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$7,950,000

8942 Spearman Road, Reidsville NC 27320
Reidsville, NC 27320
Listed by Ben Wolfe
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
N/A

About this home

An extraordinary 453 acre landholding steeped in more than two and a half centuries of family history, originally purchased by the Cunningham family in 1760. Ideally located approximately 15 miles North of Greensboro, this remarkable property offers an exceptional combination of extensive Haw River frontage, gorgeous ridgelines overlooking the Haw, rolling topography, highly usable terrain, multiple streams, secluded pond, double road frontage and numerous access points. Predominately wooded, the property is exceptionally rich in natural resources, featuring mature stands of massive old growth hardwoods and pine plantations. Offered without homes, barns, or other significant improvements, the land remains an exceptionally versatile and largely natural canvas for recreation, conservation, timber investment, private legacy estate, lifestyle property, or future development. A rare opportunity to acquire 453 acres of North Carolina history, natural beauty, and enduring value.

Property details

MLS
Triad MLS
MLS #
1231331
Property type
Unimproved Land
Subdivision
N/A
Status
Active
Days on market
51
On market date
August 15, 2026
Stories
N/A
Total bathrooms
N/A
Garage spaces
N/A
Parking spaces
N/A
Lot size
453 acres
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Nearby schools

Within 10 miles. School directory data from the National Center for Education Statistics (NCES), accessed via the Urban Institute Education Data API. Local Score is calculated by INNOVATE Real Estate; where a state rating is shown, it comes from that state's own official school report card.

Elementary
Monroeton Elementary
3.89 mi away · Grades -1-5
Zoned school (attendance boundary, 2015-16 data)
2.6
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: D (2025)
Enrollment
402
Student:teacher ratio
13.4:1
District
Rockingham County Schools
Middle
Rockingham County Middle
8.49 mi away · Grades 6-8
Zoned school (attendance boundary, 2015-16 data)
3.0
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: C (2025)
Enrollment
718
Student:teacher ratio
17.5:1
District
Rockingham County Schools
High
Rockingham Co Early College High
8.77 mi away · Grades 9-13
Zoned school (attendance boundary, 2015-16 data)
3.8
Local Score (state rating (2025) blended 70/30 with student-teacher ratio) -- not an official state rating
State rating: A (2025)
Enrollment
300
Student:teacher ratio
30.0:1
District
Rockingham County Schools

Walkability

Blended score for Reidsville's center, calculated by INNOVATE Real Estate from two sources: the EPA's National Walkability Index (street network, transit, land-use mix) and Google Places amenity data (what's actually reachable on foot from this point). EPA National Walkability Index only -- nearby-amenity data not cached yet for this area.

21
Car-dependent
out of 100
EPA National Walkability Index
4.2 / 20 -- Least walkable

Market position

How this listing compares to current activity in Reidsville, from live MLS data.

On the market 51 days -- 70 fewer days than Reidsville's current average of 121 days.
For reference, the median list price across 287 active listings in Reidsville right now is $249,900.

Mortgage calculator

Estimate only - actual rate and payment depend on your lender, credit, and loan program.

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Est. monthly payment
$48,026/mo
$1,590,000 down
$6,360,000 loan
Principal & interest$41,251
Property tax (est.)$6,625
Home insurance (est.)$150

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Data source: Listing information provided by Triad MLS via Trestle/CoreLogic. Last updated September 11, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.