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$100,000 Historic Farmhouse With 40 Acres, Barn and Level Farmland

Posted on November 3, 2026November 3, 2026 by Adorable Living Spaces

Welcome to Adorable Living Spaces. Located on Hobbs Branch Road in Grundy, Virginia, this historic country property is listed for $100,000 and offers approximately 40.09 acres of land with an original farmhouse, barn, former dairy building, and additional outbuilding. Situated in Buchanan County, the property features areas of relatively level bottomland that could be suitable for gardening, small-scale farming, or keeping livestock. With its historic character, extensive acreage, and affordable asking price, this property could appeal to buyers searching for a farmhouse restoration project, rural homestead, or recreational property in Southwest Virginia.

The original farmhouse is described as a 3-bedroom, 1-bathroom fixer-upper with an estimated 2,000 square feet of living space. The home has not been occupied for many years, and the listing emphasizes that both its age and square footage are estimates. Inside, the layout includes a main-floor primary bedroom, living room, dining room, kitchen, and bathroom, with two additional bedrooms located upstairs. The house also features wood flooring, wood-framed windows, and a stone fireplace, preserving elements of its traditional country character. However, the property currently has no listed heating or cooling system, and no appliances are included. Significant repairs and improvements may be necessary before the home can be safely occupied.

Outside, the 40.09-acre property offers a combination of historic agricultural structures and usable bottomland. The listing highlights relatively level areas that could provide opportunities for large gardens, pasture, or other agricultural activities, depending on soil conditions, drainage, and local regulations. An existing barn, former dairy building, and additional outbuilding add to the property’s traditional farming character and may provide restoration or storage possibilities. The land is located near the beginning of Hobbs Branch Road and adjoins the Buchanan County vocational school property along one boundary. According to local information mentioned in the listing, the property may have formed part of a 600-acre land grant dating back to 1875, although this historical connection would require independent verification.

This Virginia property offers an unusual opportunity to purchase approximately 40 acres with a historic farmhouse and multiple agricultural buildings for $100,000. Its combination of level bottomland, older structures, and rural surroundings could appeal to buyers interested in restoring a traditional Appalachian homestead. However, the farmhouse’s long period of vacancy makes careful due diligence particularly important. Buyers should arrange professional inspections of the structure, foundation, roof, stone fireplace, electrical and plumbing systems, and all outbuildings. The availability and condition of water, septic, and electrical services should also be confirmed, along with road access, flood risks, and property boundaries. With its 40.09 acres, original farmhouse, barn, former dairy building, and potential gardening or pasture areas, this property presents an interesting restoration opportunity for buyers prepared to take on a substantial project.

Property Details

Property DetailsInformation
Price$100,000
AddressHobbs Branch Rd, Grundy, VA 24614
CountyBuchanan County
Bedrooms3
Bathrooms1 Full
Living AreaApproximately 2,000 sqft (Estimated)
Lot Size40.09 Acres
Property TypeHistoric Farmhouse With Acreage
Year BuiltNot Confirmed
Home ConditionFixer-Upper / Long-Term Vacancy
StoriesMain and Upper Levels
Primary BedroomMain Level
Additional Bedrooms2 Upstairs
FlooringWood
WindowsWood Frames
FireplaceStone Fireplace
HeatingNone Listed
CoolingNone
AppliancesNone Included
BasementNone
BarnYes
Former Dairy BuildingYes
Additional OutbuildingYes
Land FeaturesLevel Bottomland / Rural Acreage
Adjacent PropertyBuchanan County Vocational School Property
Historical BackgroundReportedly Part of an 1875 Land Grant
Potential UseFarmhouse Restoration / Homestead / Gardening / Small Farm

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