$295,000 - Oakvale, WV
1650 Burnt Cabin Road Oakvale, WV - Bear Knob Homestead is a 90 acre +/- multi-use agriculture, timber investment, recreational and residential property, located just 20 minutes from the New River offering tons of activities, and features a peaceful and quiet Almost Heaven mountaintop setting in Mercer County, West Virginia. This property has a hunting cabin and old barn, both needing some work, riding trails for ATV'S and horses back, beautiful rock out-croppings, spectacular views of the open fields and mountain range. It is a joy just to walk the property. Bear Knob Homestead has ready-to-harvest timber to offset purchase and holding costs (timber values have not yet been determined). There is a beautiful spring-fed pond and small creek running through the property, and with the open fields and pond, Bear Knob Homestead is the essence of the old homestead lifestyle. With a small cleared field and some reclaimable fields and the rest in forest, the property represents an opportunity to create a classic family ownership legacy for the next ownership as well as a great mountain top retreat. LOCATION Google Coordinates: 37.367469°(N), -80.946368°(W) Address: 1650 Burnt Cabin Road, Oakvale, WV 24739 Elevation Range: 2530 ft. to 2740 ft. +/- DRIVE TIMES Towns and Colleges Athens and Concord University: 25 minutes Blacksburg, VA and Virginia Tech: 45 minutes Bluefield: 30 minutes Princeton: 10 minutes Airports Mercer County Airport, Bluefield: 30 minutes Raleigh County Memorial Airport, Beckley: 45 minutes Virginia Tech Montgomery Executive Airport, Blacksburg: 45 minutes Recreation: Bluestone Lake: 50 minutes Camp Creek State Park & Forest: 25 minutes Golf Course (Elks), Princeton: 25 minutes Golf Course (Fountain Springs): 20 minutes Pipestem Resort State Park: 45 minutes Winterplace Ski Resort: 30 minutes DIRECTIONS From Princeton, West Virginia: 8.1 miles +/- (approximately 15 minutes) At the end of the exit ramps of I-77 Princeton Exit 9, turn onto US 460 East; travel 4.2 miles; turn left onto Goodwins Chapel Road; travel 1.3 miles; turn left onto Cheesy Creek Road; travel 1.5 miles; turn left onto Burnt Cabin Road; travel 1.2 miles; the property road entrance is on the right in the curve. AGRICULTURAL RESOURCES Bear Knob Homestead offers five acres of cleared land, suitable for garden, row crops, or grazing cows, sheep, goats or horses. Several additional acres can be cleared for more farming activities. FOREST/TIMBER RESOURCES The timber on Bear Knob Homestead adds a great deal of value to this property with its abundant hardwood timber resource which is a composite of high-quality Appalachian Hardwood. This well-maintained timber resource can provide a great deal of flexibility to the next ownership. Capital timber value of the timber and pulpwood has not yet been determined at this time. The Forest has predominantly well-drained upland terrain which has led to a resource dominated by hardwood species. Overall, the species compensation is highly desirable and favors Appalachian hardwood types, consisting primarily of black walnut, sugar maple, Poplar, Basswood, Red Oak groups, White Oak and Chestnut Oak, Soft Maple, Hickory, and a host of associated species. WILDLIFE Bear Knob Homestead is a tremendous recreational property and hunters' paradise with abundant deer, turkey and other wildlife. The small spring-fed creek that runs through the property, the farm fields, coupled with the abundance of Hickory White Oak, Red Oak, create a habitat for the large and small game. The abundance of year-round water source created by the spring-fed stream and pond and their surrounding aquatic plant life create a water supported community with a wide variety of wildlife. Some of the margins of the creek support the aquatic food web, provide shelter for wildlife, and stabilize the shores of the stream.