Newly priced with one lot! 58.831± acres w/ vineyard & improvements. Fantastic turn-key opportunity! Become the new winery owner of this beautifully tucked away oasis in the Virginia Mountains, situated between the Blue Ridge Mountains and the Allegheny Mountains. Virginia Mountain Vineyards is located in the town of Fincastle, the county seat in the historical County of Botetourt, 25 miles North of Roanoke. The vineyard is well-known for producing some of the best grapes in Virginia. The winery produces primarily “estate” wines, which means that most of Virginia Mountain Vineyards wines are produced from grapes grown in their vineyard. This winery offers very good revenue growth, derived from their wine sales and event business. It is a short distance from Washington, D.C, Northern VA, and Maryland. The offering consists of rolling hills, woodlands, and open land. The vineyard consists of 6 white wine grapevine acres with the ability for expansion. The owner's 3 bed, 2.5 bath personal residence is located on the property near the tasting room, and part of the offering. The buildings on-site consist of the tasting room, production building, cold room, covered patio, large tented area for overflow seating, outdoor chapel, storage space, and more. The production facility has a capacity for a little under 2000 cases per year with adequate storage capacity. There are several generators on the property to ensure everything keeps running smoothly if the power goes out. The only easement on the property is a natural gas easement, as it uses natural gas. There is so much income potential by increasing wine club, offering more events, building cabins, and bringing more agritourism opportunities to the area. The current owners have built this turn-key operation and is ready for someone to come in and keep it going! Do not miss the chance to become a new winery owner in the scenic Virginia Mountains! Price includes wine inventory. There is an additional parcel available for sale consisting of 32.431± acres that can be purchased for $350,000. Additional business information and private tours available upon the execution of a Non-Disclosure Agreement and a verifiable Proof of Funds from a recognized financial institution.
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Listing Snapshot
Price
$1,890,000
Days On Site
565 Days
Bedrooms
3
Inside Area (SqFt)
2,903 sqft
Total Baths
3
Full Baths
2
Partial Baths
1
Lot Size
58.83 Acres
Year Built
1997
MLS® Number
VABO2000012
Status
Active
Property Tax
$3,567.9
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Estimated
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Recent Activity
3 months ago
Listing updated with changes from the MLS®
3 months ago
Price changed to $1,890,000
2 years ago
Listing first seen on site
General Features
Acres
58.83
Foundation
Block
Garage
Yes
Garage Spaces
2
Levels
Two
Parking
GarageDetached
Parking Spaces
2
Property Sub Type
Single Family Residence
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
2903
SqFt Total
2903
Style
Cape Cod
Water Source
Well
Zoning
A-1
Interior Features
Appliances
OvenGas RangeGas OvenElectric Water HeaterDryerWasherDishwasherMicrowaveRefrigerator
Basement
Crawl Space
Cooling
Central AirHeat PumpElectric
Heating
Natural GasHeat Pump
Interior
Eat-in Kitchen
Main Level Bedrooms
3
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Exterior Features
Construction Details
Vinyl Siding
Pool Features
None
View
Mountain(s)Panoramic
Waterview
Mountain(s)Panoramic
Community Features
School District
BOTETOURT COUNTY PUBLIC SCHOOLS
Schools
School District
BOTETOURT COUNTY PUBLIC SCHOOLS
Elementary School
BRECKINRIDGE
Middle School
CENTRAL ACADEMY
High School
JAMES RIVER
Listing courtesy of Washington International Service Executives, LLC
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