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    123 Stout Road

    EDINBURG, VA 22824
    • $1,950,000
    • STATUS: Active
    • ON SITE: 61 days
    • ID#: VASH120958
    UPDATED: 68 min ago
    $1,950,000
    • 5
      BEDS
    • 48.54
      ACRES
    • 3
      BATHS
    • 1
      1/2 BATHS
    • 4,350
      SQFT
    • $448
      $/SQFT
    Neighborhood:
    Type:
    Single-Family Home
    Built:
    2005
    County:

    School Information

    Elementary School:
    Middle School:
    High School:

    Description

    This beautiful estate that contains the following structures and assets:two story residence with very impressive views of the Shenandoah Valley and the Great North Mountains in the background. Three car garage.3-story winery building with wine processing equipment on the main floor, bottling and labeling equipment and case storage in the basement and tasting room and two scenic tasting decks on the top floor.Large steel equipment barn with tool room and equipment storage. Barn contains vineyard and winery equipment needed to grow and process the grapes. vineyard with each of the following varieties: Cabernet Sauvigan, Cabernet Franc, Chardonnay, Chambourcin and Traminette. Total vines: 3700 plus or minus on roughly 30,000 ft. of trellises. Walking trail with two ponds, two picnic shelters and one gazeboLarge event patio for parties, weddings and concerts.Only some of the property is currently being used for the residence and winery/vineyard operation. The remaining acres are currently leased to a neighbor for pasture. This parcel would be available to expand the vineyard if new owner desired.The business is run by the Elledges as a retirement project and could be expanded beyond the current level to double the output of the winery. The Elledges market their wines solely through the tasting room retail store. Extra production and sales could be generated through State run outlets, restaurants, wine shops, etc. Other additional sources of income not currently being exploited are concerts, B&B rental, weddings, and winery tours. Plus the winery is only open four days a week in the summertime and two days a week in the winter. Increasing the number of days open would greatly increase the income generated by the tasting room. The Elledges are in their 70+GGs and are unwilling to expand their retirement project beyond this scope. The correct energetic individual or couple could take advantage of these additional income sources to increase the cash flow and income to augment the return on the investment. As with most business ventures the success or failure of such an enterprise is due a large part on the business acumen and vision of the owners. The Elledges are willing to stay on to train the new owners in the production of grapes and wine and the merchandising of the wine

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    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Integrity Home Team. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-01-20T06:53:34.073.
    www.integrityhometm.com/homes/112021755
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    123 Stout Road EDINBURG, VA 22824

    • Price: $1,950,000
    • Status: Active
    • Updated: 68 min ago
    • ID#: VASH120958
    5
    Beds
    3
    Baths
    1
    ½ Baths
    48.54
    Acres
    4,350
    SQFT
    $448
    $/SQFT
    2005
    Built
    Neighborhood:
    None
    County:
    Shenandoah
    Elementary School:
    W.W. Robinson
    Middle School:
    Peter Muhlenberg
    High School:
    Central
    School District:
    Shenandoah County Public Schools
    Property Description
    This beautiful estate that contains the following structures and assets:two story residence with very impressive views of the Shenandoah Valley and the Great North Mountains in the background. Three car garage.3-story winery building with wine processing equipment on the main floor, bottling and labeling equipment and case storage in the basement and tasting room and two scenic tasting decks on the top floor.Large steel equipment barn with tool room and equipment storage. Barn contains vineyard and winery equipment needed to grow and process the grapes. vineyard with each of the following varieties: Cabernet Sauvigan, Cabernet Franc, Chardonnay, Chambourcin and Traminette. Total vines: 3700 plus or minus on roughly 30,000 ft. of trellises. Walking trail with two ponds, two picnic shelters and one gazeboLarge event patio for parties, weddings and concerts.Only some of the property is currently being used for the residence and winery/vineyard operation. The remaining acres are currently leased to a neighbor for pasture. This parcel would be available to expand the vineyard if new owner desired.The business is run by the Elledges as a retirement project and could be expanded beyond the current level to double the output of the winery. The Elledges market their wines solely through the tasting room retail store. Extra production and sales could be generated through State run outlets, restaurants, wine shops, etc. Other additional sources of income not currently being exploited are concerts, B&B rental, weddings, and winery tours. Plus the winery is only open four days a week in the summertime and two days a week in the winter. Increasing the number of days open would greatly increase the income generated by the tasting room. The Elledges are in their 70+GGs and are unwilling to expand their retirement project beyond this scope. The correct energetic individual or couple could take advantage of these additional income sources to increase the cash flow and income to augment the return on the investment. As with most business ventures the success or failure of such an enterprise is due a large part on the business acumen and vision of the owners. The Elledges are willing to stay on to train the new owners in the production of grapes and wine and the merchandising of the wine
    Exterior Features

    Architectural Style Traditional Construction Materials Blown-In InsulationBrick VeneerFrameMasonryStoneTileVinyl Siding Door Features Energy Star Qualified Door(S)InsulatedStorm Exterior Features Bbq GrillExtensive HardscapeExterior LightingFlood LightsOutbuilding(S)Satellite DishSidewalksStone Retaining WallsOther Fencing Barbed WireBoardDecorativeElectricPartiallyPicketSplit RailWireWood Garage Spaces 3.00 Garage Type Additional Storage AreaGarage - Side EntryGarage Door OpenerInside AccessOversized Garage YN Yes Lot Features Backs - ParklandBacks To TreesClearedFront YardIrregularLandlockedOpenPartly WoodedPondRear YardRoad FrontageRuralSecludedSlopingTrees/WoodedUnrestrictedVegetation Planting Other Structures Above GradeBelow Grade Parking Features Concrete DrivewayGravel DrivewayLighted ParkingPrivateUnpaved Parking Types Attached GarageDrivewayParking Lot Patio And Porch Features BrickDeck(S)EnclosedPatio(S)Porch(Es)RoofScreenedTerraceWrap Around Pool No Pool Riparian Rights YN No Road Surface Type Gravel Roof Architectural Shingle Soil Types ClayLimestone/ShaleLuka-Lindside-Cordorus View Garden/LawnLakeMountainPanoramicPasturePondTrees/WoodsValley Water Access YN No Water Oriented YN No Water View YN Yes Waterfront YN No

    Interior Features

    Above Grade Fin SQFT 2200 Appliances Built-In MicrowaveBuilt-In RangeDishwasherDisposalDryerDryer - Front LoadingEnergy Efficient AppliancesEnergy Star Clothes WasherEnergy Star DishwasherEnergy Star FreezerEnergy Star RefrigeratorExhaust FanExtra Refrigerator/FreezerFreezerIcemakerInstant Hot WaterMicrowaveOven - Self CleaningOven - SingleOven - WallOven/Range - ElectricOven/Range - GasRange HoodRefrigeratorStainless Steel AppliancesStoveWasherWater Conditioner - OwnedWater Heater Basement FullDaylightPartialFully FinishedHeatedImprovedInterior AccessOutside EntrancePoured ConcreteRear EntranceShelvingSump PumpWalkout Level Basement YN Yes Below Grade Finished Area 2150 Below Grade Unfinished Area 50 Cooling Attic FanCeiling Fan(S)Central A/CHeat Pump(S)Programmable ThermostatWhole House Exhaust VentilationWhole House Fan Fireplace Features Fireplace - Glass DoorsGas/PropaneHeatilatorInsertMantel(S)ScreenWood Fireplace YN Yes Fireplaces Total 1 Flooring CarpetCeramic TileHardwoodPartially Carpeted Heating 90% Forced AirForced AirHeat Pump - Electric BackupHeat Pump - Gas Backup Heating YN Yes Interior Features AtticAttic/House FanBarBreakfast AreaBuilt-InsCarpetCeiling Fan(S)Chair RailingsCombination Dining/LivingCrown MoldingsDouble/Dual StaircaseEntry Level BedroomFamily Room Off KitchenFloor Plan - OpenKitchen - CountryKitchen - Eat-InKitchen - GourmetKitchen - IslandPrimary Bath(S)Recessed LightingSkylight(S)Solar Tube(S)Stall ShowerStore/OfficeUpgraded CountertopsWainscottingWalk-In Closet(S)Wet/Dry BarWindow TreatmentsWine StorageWood FloorsWood StoveOther Laundry Type Dryer In UnitHas LaundryMain FloorWasher In Unit Levels 2 Main Level Bedrooms 3 Room List Living RoomDining RoomPrimary BedroomBedroom 2KitchenBreakfast RoomBedroom 1Utility RoomPrimary Bathroom Security Features Carbon Monoxide Detector(S)Exterior CamerasFire Detection SystemMain Entrance LockSmoke Detector Walls Ceilings Dry WallHighMasonry

    Property Features

    Acceptable Financing CashConventionalFhaVa Accessibility Features None Assessment Year 2020 Association YN No Central Air YN Yes Condo YN No Cooling Fuel Electric Electric 200+ Amp Service3 PhasesCircuit BreakersGeneratorUnderground Electric Average Monthly 170 Electric Last12 Months 2040.00 Foundation Details BlockPermanentSlab Heating Fuel CentralElectricWood Hot Water 60+ Gallon TankBottled GasElectricPropane Navigable Water YN N New Construction YN No Original MLSNumber 304400460336 Ownership Interest Fee Simple Possession Settlement Sale Type Standard Senior Community YN No Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 5902.00 Tax Assessment Amount 922300.00 Utilities Electric AvailableMultiple Phone LinesPhonePhone ConnectedSewer AvailableUnder GroundWater Available Vacation Rental YN No Water Source Private Window Features Double HungEnergy EfficientGreen HouseScreensSkylightsVinyl Clad Zoning Ag

    Listing courtesy of United Brokers Va Ltd..


    ©2021 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Integrity Home Team. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2021-01-20T06:53:34.073.
     
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