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Listed by Janine Aquino • Washington International Service Executives, LLC

$1,890,000

Est. payment - /mo

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3 Beds

3 Baths

2,903 SqFt

Price Dropped by $860K

4204 OLD FINCASTLE RD Fincastle, VA 24090

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Additional details

Alexandra DiFilippo

alex@alexdifilippo.com +1(856) 298-9699

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,903 sqft

Price per Sqft $651

Subdivision None Available

MLS Listing ID VABO2000012

Style Cape Cod

Bedrooms 3

Full Baths 2

Half Baths 1

HOA Y/N N

Abv Grd Liv Area 2,903

Year Built 1997

Annual Tax Amount $3,567

Tax Year 2024

Lot Size 58.830 Acres

Acres 58.83

Property Sub-Type Detached

Source BRIGHT

Property Description

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.

Location

State VA

County Botetourt

Zoning A-1

Rooms

Main Level Bedrooms 3

Interior

Interior Features Kitchen - Eat-In, Entry Level Bedroom

Hot Water Electric

Heating Heat Pump(s)

Cooling Central A/C, Heat Pump(s)

Equipment Dryer, Washer, Dishwasher, Oven/Range - Gas, Microwave, Refrigerator, Oven - Wall

Fireplace N

Appliance Dryer, Washer, Dishwasher, Oven/Range - Gas, Microwave, Refrigerator, Oven - Wall

Heat Source Natural Gas

Exterior

Parking Features Garage - Front Entry

Garage Spaces 2.0

Water Access N

View Mountain, Panoramic

Accessibility None

Total Parking Spaces 2

Garage Y

Building

Story 2

Foundation Block, Crawl Space

Above Ground Finished SqFt 2903

Sewer Septic Exists

Water Well

Architectural Style Cape Cod

Level or Stories 2

Additional Building Above Grade, Below Grade

New Construction N

Schools

Elementary Schools Breckinridge

Middle Schools Central Academy

High Schools James River

School District Botetourt County Public Schools

Others

Senior Community No

Tax ID 19485

Ownership Fee Simple

SqFt Source 2903

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=Ly_ar5pLR1w

Nearby School & Business

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Alexandra DiFilippo

Agent License ID: 1646832

+1(856) 298-9699

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