Yes, oaky is in the scrabble dictionary

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Oaky Definition

adjective

Describing the taste of wine that has been aged in oak and acquired tannins from the wood.

from the English-language Wiktionary

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Top Words by points	Points
kayo	11

2 letter words with OAKY	Points
ay	5
ka	6
ok	6
oy	5
ya	5
yo	5

3 letter words with OAKY	Points
kay	10
koa	7
oak	7
oka	7
yak	10
yok	10

4 letter words with OAKY	Points
kayo	11
oaky	11
okay	11

Found 15 words in 0.12247 seconds