Priced at just $50,000, 1704 Coles Knob Rd NE in Pilot, Virginia offers a unique opportunity to own a rustic log home set on 2 wooded acres. This property, being sold via online auction ending April 15th at 4 PM, is ideal for buyers who appreciate nature, privacy, and the chance to restore a home with character.
While the list price may not reflect the final sale price, it certainly highlights the incredible value and potential waiting to be unlocked.
Built in 1980, the home spans approximately 1,487 square feet and features two bedrooms and one full bathroom. Its log construction gives it a timeless, cabin-style appeal that blends beautifully with the surrounding natural landscape.
Properties like this are increasingly sought after by those looking to escape the noise and pace of city life in favor of a quieter, more peaceful environment.
As you approach the property, you’re welcomed by a shared driveway that connects directly to a paved, state-maintained road. This accessibility is a significant advantage, especially for a rural property, ensuring year-round ease of travel without sacrificing the secluded feel that many buyers desire.
The home itself sits nestled among trees, offering a sense of privacy and connection to nature that is hard to replicate. The two-acre lot provides ample space for outdoor activities, gardening, or simply enjoying the tranquility of the wooded surroundings.
Whether you envision a fire pit under the stars, a hammock between trees, or even small trails through the woods, the land offers plenty of possibilities.
Inside, the home reflects its rustic roots. The log structure creates a warm and inviting atmosphere, with natural materials that bring character and charm. While the property does require some labor and updates, it provides a solid foundation for renovation.
For buyers with a vision, this is an opportunity to design a personalized retreat tailored to their tastes.
The layout includes a functional living area, a kitchen space, two bedrooms, and a full bathroom. Each room has the potential to be transformed with modern touches while still preserving the home’s original charm.
Exposed wood elements, if restored properly, can become stunning focal points that enhance the cabin aesthetic.
One of the standout features of this property is the full unfinished basement. This additional space opens the door to numerous possibilities. It could be converted into a recreation room, workshop, storage area, or even additional living space depending on your needs and plans.
Having this extra square footage is a major advantage, especially for buyers looking to expand the home’s functionality over time.
Water is supplied by a spring, adding to the property’s rural charm. Although the spring is not located directly on the two-acre parcel, deeded spring rights are included and will convey with the property.
This is an important detail, ensuring that the water source remains legally accessible to the homeowner. For those interested in sustainable living or off-grid potential, this feature adds an extra layer of appeal.
It’s important to note that the home will require some work to bring it back to its full potential. This makes it especially suitable for investors, contractors, or buyers who enjoy renovation projects.
Rather than paying a premium for a fully updated property, you have the opportunity to invest in improvements that align with your personal vision and budget.
The renovation process itself can be incredibly rewarding. With the right updates, this log home could be transformed into a cozy full-time residence, a weekend getaway, or even a rental property.
The demand for cabin-style homes in wooded settings continues to grow, particularly among those seeking vacation rentals or short-term stays.
The location in Pilot, Virginia adds to the property’s appeal. Known for its scenic beauty and rural charm, the area offers a peaceful lifestyle surrounded by nature. At the same time, it remains within reasonable distance of nearby towns and amenities, providing a balance between seclusion and convenience.
For outdoor enthusiasts, this property is especially attractive. The wooded acreage provides opportunities for hiking, wildlife observation, and simply enjoying the natural environment. The surrounding region is known for its rolling hills and scenic views, making it a great place for those who appreciate the outdoors.
From an investment standpoint, properties like this often present strong upside potential. With an initial purchase price that is relatively low, improvements can significantly increase the property’s value.
Whether you plan to resell after renovation or hold onto it as a long-term investment, the numbers can work in your favor with careful planning.
The auction format also adds an element of excitement and opportunity. Buyers have the chance to compete for the property, and in some cases, secure it at a favorable price. It’s important to do your research, set a budget, and be prepared to act when the auction concludes.
What makes 1704 Coles Knob Rd NE truly special is its combination of affordability, character, and potential. It’s not just a property—it’s a project, an investment, and a chance to create something meaningful.
Whether you’re drawn to the idea of restoring a log home, living closer to nature, or building equity through renovation, this listing offers a pathway to achieve those goals.
In today’s real estate market, finding a property with land, privacy, and unique features at this price point is increasingly rare. This home stands out as an opportunity to step into ownership without the high cost typically associated with similar properties.
FROM ZILLOW