123 STOUT RD EDINBURG, VA 22824

$1,950,000

1 of 109

5

Bedrooms

4

Total Baths

3

Full Baths

4,350

Square Feet

48.54

Acres

2005

Year Built

65 days

On Website

Active

Status

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 gazebo Large 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’s 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

Listed By United Brokers VA Ltd.

Details


Interior
Appliances
Built-in Microwave, Built-in Range, Dishwasher, Disposal, Dryer, Dryer - Front Loading, Energy Efficient Appliances, Energy Star Clothes Washer, Energy Star Dishwasher, Energy Star Freezer, Energy Star Refrigerator, Exhaust Fan, Extra Refrigerator/Freezer, Freezer, Icemaker, Instant Hot Water, Microwave, Oven - Self Cleaning, Oven - Single, Oven - Wall, Oven/Range - Electric, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove, Washer, Water Conditioner - Owned, Water Heater
Bathrooms Full
3
Bathrooms Half
1
Bathrooms Total
4
Bedrooms Total
5
Flooring
Carpet, Ceramic Tile, Hardwood, Partially Carpeted
Living Area
4,350 SqFt.

Building And Construction
Property Sub Type
Single Family Residence
Property Type
Residential
Year Built
2005

Exterior And Lot
Lot Size Acres
48.54
Lot Size Square Feet
2114490
Lot Size Units
Square Feet
Other Structures
Barn/Farm Building,gazebo,greenhouse,pole Barn,other
Pool
No Pool
Zoning
AG

Utilities
Cooling
Attic Fan, Ceiling Fan(s), Central A/C, Heat Pump(s), Programmable Thermostat, Whole House Exhaust Ventilation, Whole House Fan
Cooling Fuel
Electric
Heating
90% Forced Air, Forced Air, Heat Pump - Electric Backup, Heat Pump - Gas Backup
Heating Fuel
Central,electric,wood
Hot Water
60+ Gallon Tank,bottled Gas,electric,propane

Area And Schools
City
Edinburg
County Or Parish
Shenandoah
Elementary School
W.w. Robinson
High School
Central
High School District
Shenandoah County Public Schools
Middle Or Junior School
Peter Muhlenberg
Subdivision Name
None

Financial Info
County Tax
5902.00
Short Sale
No
Tax Annual Amount
$5,902.00
Tax Year
2020

Additional Info
Acceptable Financing
Cash,conventional,fha,va
Garage Features
Additional Storage Area,garage - Side Entry,garage Door Opener,inside Access,oversized
Price Per SQFT
886.36
Soil Types
Clay,limestone/Shale,luka-lindside-cordorus
Status Detail
Active
Tax Total Finished SQFT
4060
TaxDataUpdatedYN
N
Total Below Grade SQFT
2200
Total SQFT
4400

Listing By United Brokers VA Ltd.

MLS# VASH120958

Data Last Updated 2:35am - 03/04/2021

BRIGHT MLS

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Transportation

Walking

Very Walkable

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