Authentic Log Cabin. 2.5 Acres. Valley Views. $125,000.

It's a chink-style log cabin on 2.5 acres in Blanchard, Oklahoma, and it's gutted and selling as-is for $125,000. That's the whole situation right there, and depending on what you're looking for, it might be exactly the right situation.

The cabin was built in 1981 and it's the real thing. Actual logs, actual chinking. The structure has two levels. Downstairs, including a sunroom, runs about 1,740 square feet. The loft upstairs adds another 900. So you're working with a lot more space than the listed 1,260 square feet suggests. There's a covered front porch and a covered back patio, and the valley views from the property are framed by a mix of mature trees on all sides.

The 2.5 acres gives you room beyond the cabin itself. There's a 20 by 30 metal shop on a concrete pad, a chicken coop, and a propane tank already on the property. The Bridgesong Golf Course development is nearby, which tells you something about where Blanchard is heading without requiring any editorializing about it.

Because it's been gutted, you're not dealing with someone else's renovation choices or materials you'll want to rip out in three years. The slate is clean. The floor plan and measurements are available if you want to dig into the layout before you go out there, and there's interior video too.

The downside is straightforward. This is an as-is sale and the work ahead of you is real. You're not moving in next month. But the structure is a legitimate log cabin on acreage with a shop, outbuildings, views, and enough square footage to do something serious with, and it's priced at $125,000.

For that money in this part of Oklahoma, you're getting the land, the bones of a building that's stood since 1981, and a lot of room to make it into what you want it to be.