495 MEADOW LANDING LANE, Caret, VA 22436 – VAES2000736

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Raymond Brophy

livethedreamhomes@gmail.com +1(609) 798-1645

$895,000

Est. payment - /mo

3 Baths

5,089 SqFt

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UPDATED:

11/08/2024 03:47 PM

Key Details

Property Type Single Family Home

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 5,089 sqft

Price per Sqft $175

Subdivision Caret

MLS Listing ID VAES2000736

Half Baths 3

HOA Y/N N

Abv Grd Liv Area 5,089

Originating Board BRIGHT

Year Built 2006

Annual Tax Amount $1,400

Tax Year 2021

Lot Size 45.180 Acres

Acres 45.18

Property Description

The price has been updated due to new renovations to the property! The owners finished renovating the upstairs space to include it's own exterior entrance and bathrooms. This flex space has so many possibilities! Unveil the potential of Caret Cellars, an expansive winery and vineyard property nestled in Essex County, Virginia, now available for $850,000. Encompassing 45 acres, this property holds promise for astute investors willing to reshape its trajectory. Established by R.D. and Junghee Thompson, Caret Cellars is a testament to their dedication to viticulture, from the land acquisition in 2006 to the winery?s construction in 2014. Boasting a sprawling 6.5-acre vineyard and offering 12 distinctive wine varieties, the groundwork has been laid for a journey toward revitalization.

Encompassing over 6,000 square feet, the winery and tasting room provide essential infrastructure for an aspiring enterprise. The untapped space on the upper level, positioned above the tasting area, can be repurposed with panoramic vineyard views in mind. The vineyard, home to a diverse range of varietals, holds latent potential that can be further developed.

While currently experiencing a decline in production, Caret Cellars beckons with the prospect of a new beginning. The tasting room includes an adjacent area set up for a warming kitchen just awaiting your choice of appliances to ready it for operation. On the production front, the property is poised to process 1800+ cases of wine annually.

Presenting itself as a blank canvas, Caret Cellars is ready to be reimagined. The listing price invites individuals with a strategic vision to embark on a journey of transformation, steering this Virginia property toward a new era of growth and prosperity.

Location

State VA

County Essex

Zoning A1

Rooms

Other Rooms Commercial/Retail Space

Interior

Hot Water Other

Heating Hot Water

Cooling Central A/C

Heat Source Electric

Exterior

Water Access N

Farm Vineyard,Other

Accessibility 2+ Access Exits, >84\" Garage Door, Level Entry - Main, Kitchen Mod, 32\"+ wide Doors, 36\"+ wide Halls, 48\"+ Halls, Accessible Switches/Outlets, Other

Garage N

Building

Story 2

Foundation Brick/Mortar, Concrete Perimeter

Sewer Private Sewer

Water Well

Level or Stories 2

Additional Building Above Grade

New Construction N

Schools

Elementary Schools Essex

Middle Schools Essex

High Schools Essex

School District Essex County Public Schools

Others

Senior Community No

Tax ID 24-21

Ownership Fee Simple

SqFt Source Estimated

Acceptable Financing Conventional, Farm Credit Service

Listing Terms Conventional, Farm Credit Service

Financing Conventional,Farm Credit Service

Special Listing Condition Standard

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Listed by Deidre E Carpenter • Virginia Estates, Inc.

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Raymond Brophy

+1(609) 798-1645

VP of Residential Real Estate | License ID: 1120051

VP of Residential Real Estate License ID: 1120051

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