Oakwood, Virginia sits atop one of the most productive coal seams in the country — the Buchanan Mine here still produces over 5 million tons of metallurgical coal annually, one of the few Appalachian mines that has continued thriving even as the broader coal industry has contracted in recent decades. Miners in this same Buchanan County coalfield were once paid not in cash but in “scrip,” company-issued currency redeemable only at the company store — a system so tightly controlled that collectible scrip from operations like the old Oakwood Smokeless Coal Corporation remains a niche hobby among local historians today. On a genuinely rare 96 acres in this storied coal country, a three-bedroom cottage at 1102 Shawnee Dr is now listed at $225,000.
A Practical Cottage, Ready for Its Next Chapter
Built in 1930, this 1,233-square-foot cottage keeps things simple: three bedrooms, one full and one half bathroom, and a full unfinished basement with exterior entry that offers real potential for future finished space. Double-pane windows and storm doors help with energy efficiency, and a heat pump handles heating with electric cooling. Rain gutters and a private yard round out the exterior details, and a covered porch gives the home a place to take in its surroundings.
Ninety-Six Acres — A Genuinely Uncommon Amount of Land
This is where the listing becomes remarkable. Ninety-six acres is a scale of land rarely seen at this price point anywhere in the eastern United States, let alone paired with a livable home already in place. A barn and additional storage structures are already on the property, giving a buyer real working infrastructure across the acreage from day one.
The Practical Details
Water comes from a private well, and the property runs on a septic tank. A security system is already installed, and parking is gravel with uncovered spaces. Annual property taxes are remarkably low at just $297, and a virtual tour is available online for buyers who want a first look before scheduling an in-person visit.
The Numbers
| Price | $225,000 ($182/sq ft) |
| Location | 1102 Shawnee Dr, Oakwood, VA 24631 |
| Home Size | 1,233 sq ft |
| Bedrooms / Bathrooms | 3 / 2 (1 full, 1 half) |
| Lot Size | 96 acres |
| Year Built | 1930 |
| Water / Sewer | Private well / septic tank |
| Heating / Cooling | Heat pump / electric |
| Basement | Full, unfinished, exterior entry |
| Additional Structures | Barn, storage |
| Annual Taxes | $297 |
Why Oakwood
Oakwood sits in Buchanan County at the intersection of U.S. Route 460, home to the Appalachian College of Pharmacy on the campus of the former Garden High School, and remains defined by the coal industry that’s shaped this corner of Southwest Virginia for well over a century. The surrounding mountains offer genuine seclusion alongside deep working-class history, from company scrip to still-operating mines that continue to anchor the local economy. For a buyer looking for a scale of acreage that’s genuinely difficult to find — 96 private acres with a workable cottage already in place — Oakwood offers an opportunity that’s rare almost anywhere in the country at this price.
Interested in touring 1102 Shawnee Dr or want more details on the Oakwood area? Reach out to the listing agent below in ZILLOW
