$249,900
$45K PRICE DROP

1650 Burnt Cabin Rd Princeton, WV 24739

Estimated payment $1,528/month

Total Views 14,927
90 Acres
$2,770 Price per Acre
3,929,548 Sq Ft Lot

Highlights

  • Pond
  • Wooded Lot
  • Pasture

About This Lot

PRICE REDUCED!!!

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

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. There are many animals that live in the water and around the edge of the pond and spring-fed creek including raccoons, possums, Blue Heron, turtles, salamanders, crayfish, bullfrog, Eagles, Hawks and Red Wing Birds. The property has a mixture of hardwood species, the adverse tree species couple with the Abundant water supply from the creek creates a perfect wildlife habitat, the Edge effect created between the creeks, Hollows, Ridge, rock out cropping and forest is a textbook habitat, benefiting all of the resident wildlife.

MINERAL RESOURCES
West Virginia is one of the states in the US that has two ownership titles, those being SURFACE RIGHTS and MINERAL RIGHTS. A title search for mineral rights ownership has not been conducted. All rights the owner has will convey with the property. A mineral title search could be conducted by a title attorney at the same time when the surface title search is being conducted.

BOUNDARIES AND SURVEY
The property is being sold by the boundary and not by the acre.

UTILITIES
Water: Well on property
Sewer: A private septic system will need to be installed
Electricity: Nearby
Telephone: Nearby
Internet: Available through nearby telephone service or a satellite provider
Cellphone Coverage: Good

ACCESS/FRONTAGE
The property road connects to Burnt Cabin Road Rt. 28/2.

ZONING
The county is subject to some zoning and subdivision regulations. All prospective buyers should consult the County Commission and also the Health Department for details regarding zoning, building codes and installation of septic systems.

PROPERTY TYPE/USE SUMMARY
This property is comprised of the older home grounds with fields and forestland.
(This is an estimation of current property use as determined from aerial photography. It is made subject to the estimation of property boundaries and any errors in the interpretation of land use type from the aerial photography utilized.)

Listing Agent

Richard Grist

FoxFire Realty Listed on: 01/01/2025

Listing Provided By

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $1,755

Lot Details

  • Wooded Lot
  • Potential uses include hunting/fishing, residential single, homestead

Additional Features

  • Pond
  • Pasture

Property Details

Property Type

Land

Est. Annual Taxes

$1,755

Lot Details

0

Listing Details

  • Office Phone: 304-701-4786
  • Listing Website: https://www.land.com/property/1650-burnt-cabin-rd-oakvale-west-virginia-24739/22290673/
  • Property Type: Lot / Land
  • Property Sub-Type: Other
  • Offered By: LandNetwork
  • Potential Use: Hunting/Fishing, Residential Single, Homestead
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Has Attic: No
  • Disability Access: No
  • Sprinklers: No

Exterior Features

  • Pond: True

Lot Info

  • Lot Description: Acreage, Pasture, Tank/Pond, Natural Forest

Map

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,755 $154,680 $58,320 $96,360
2023 $1,633 $143,640 $52,200 $91,440
2022 $678 $59,580 $46,080 $13,500
2021 $668 $58,740 $45,960 $12,780
2020 $666 $58,560 $45,900 $12,660
2019 $608 $53,400 $41,040 $12,360
2018 $405 $35,580 $23,640 $11,940
2017 $397 $34,920 $23,280 $11,640
2016 $391 $34,380 $23,100 $11,280
2015 $603 $52,980 $52,980 $0
2014 $216 $19,020 $19,020 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/16/2025 07/16/25 Price Changed $249,900 0.0% --
07/16/2025 07/16/25 Price Changed $249,900 -15.3% --
01/01/2025 01/01/25 For Sale $295,000 0.0% --
09/11/2023 09/11/23 For Sale $295,000 -- --

Purchase History

Date Type Sale Price Title Company
Deed $50,000 --
Source: Public Records