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Little Knawl Road
Napier, WV 26631
Richard Grist with FOXFIRE REALTY, original listing - (304) 645-7674
$499,500
Conventional
Property
Bedroom
--
Bathroom
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Property Type
Conventional
Square ft
--
Property Description
Contiguous three hundred -twelve acre +/- acre multi-use parcel in the heart of a recreational powerhouse in the geographical center of West Virginia Ten minutes to the nine hundred eighty-nine-acre Burnsville Lake Adjoins the 12,579-acre Burnsville Lake WMA for one and a half miles Free natural gas available for residential use Recreation at Burnsville Lake Forest offers outstanding onsite recreational opportunities The property has many ridges, several major hollows, ½ mile long blueline stream, and several ephemeral creeks creating a diverse and interesting topography Superb regional recreational opportunities Ten rivers and six lakes are within an easy ten minutes to two hour drive A blue line mountain stream flows through the property for 4/10 mile Miles of internal forest management roads, plus miles of forest trails, offer excellent access to a large portion of the forest Perfect for shooting sports, ATV riding, horseback riding, hiking, camping, hunting and nature viewing The town of Flatwoods is a 20-minute drive High percentage of commercially – operable ground supporting forestry, recreation and potential for numerous future cabin sites Elevations range from 2147 ft. to 2455 ft. +/- Potential conservation value Low taxes, low population density, little or no light pollution Great fishing is found in the Heartland’s region with ten rivers and six lakes. Species include small and large mouth bass, crappie, catfish, muskie, walleye, pike and bluegill The rivers and lakes are ideal for swimming, canoeing, fishing, kayaking, tubing, snorkeling, paddle boarding and windsurfing Forest is a steady producer of life-giving Oxygen and silently works to sequester carbon Several decades of professional forest and wildlife management As the trees continue to grow, there will be very valuable hardwood timber available to harvest Jet airports less than a sixty-minute drive Potential for leasing carbon credits LOCATION Google Coordinates: 38.810494°(N), -80.551211°(W) Address: Little Knawl Road, Napier, WV 26631. No 911 address is assigned to property without structures. Elevation Range: 868 ft. to 1487 ft. +/- Driving Times Highways/Towns I-79 at Flatwoods Exit 67: 30 minutes I-79 at Burnsville-Glenville Exit 79: 30 Minutes Buchannon: 55 minutes Burnsville: 30 minutes Clarksburg: 1 hour 10 minutes Elkins: 1 hour 15 minutes Flatwoods: 30 minutes Glenville & Glenville State University: 55 minutes Summersville: 1 hour Weston: 50 minutes Airports Braxton County Airport (small), Sutton: 30 minutes Elkins-Randolph County Regional Airport: 1 hour 30 minutes Upshur County Regional Airport, Buchannon: 55 minutes Recreation Burnsville Lake Wildlife Management Area: 5 minutes Elk River Wildlife Management Area, Sutton: 50 minutes Golf Course, Stonewall Jackson Resort: 40 minutes Lake – Burnsville Lake – Bulltown Campground and boat ramp: 10 minutes Lake – Sutton Lake: 35 minutes Lake – Stonewall Jackson Lake & Resort: 40 minutes Lake – Summersville Lake: 1 hour 10 minutes Google Coordinates: 38.810494 (N), -80.551211 (W) on road in front of camper spot WATER A dashed blueline branch (intermittent water flow) of Little Knawl Creek begins on the property and travels on the property for about ½ mile. Little Knawl Creek, a blueline stream, is on the property periodically as it travels along the road and property boundary. The streams should have regular water flow, especially during snow melt and rain events. MINERAL RESOURCES West Virginia is one of the states in the US that has two ownership titles, those being SURFACE RIGHTS and MINERAL RIGHTS. This is a SURFACE ONLY conveyance as the mineral rights have been reserved in the owner’s deed. BOUNDARIES AND SURVEY Directly joins the Burnsville Lake Wildlife Management Area for about one and a quarter miles. The property is being sold by the boundary and not by the acre.
Property Information
Lot Size
312 acre(s) square ft
Property Type
Land-Other
Year Built
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MLS Number
--
Location
Address
Little Knawl Road
City
Napier
State
WV
Zip Code
26631
County
BRAXTON
Listing
Name
Phone
(304) 646-8837
Office Name
Office Phone
(304) 645-7674
Agent Name
Richard Grist
Agency Phone
(304) 645-7674

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.