123 Stout Road,  Edinburg VA, 22824

(Active)
$1,950,000
|
5 beds, 3 Full/1 Half baths, 4,350 sqft
|
MLS# VASH120958
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Last Updated: 11/29/2020 5:14 PM
Description for 123 Stout Road Edinburg, VA 22824
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 70âs 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
Price
$1,950,000
None
SHENANDOAH
5
3 Full/1 Half
4,350 (approx)
VASH120958
Active
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 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 70âs 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
Listing Information
Property Type: Single Family, Other
5 3 Full/1 Half
0 48.54 Acres County Assessor
4,350 (approx) $886.36 2005
Yes-3 spaces Brick Veneer, Frame, Mason, Stone, Vinyl Siding
None
Block, Slab
Softener Own, Sump Pump, Electric Water Heater, LP
Septic, Public Sewer
Three Phase Available, Circuit Breaker Box, Generator, Underground, Other, Electric service available, Telephone
Neighborhood
School Information
District: Shenandoah County Public Schools
W.W. ROBINSON PETER MUHLENBERG CENTRAL
Room Information
Bathrooms
3 1
Kitchen, Living Room, Utility Room, Breakfast Room, Attic
Country Kitchen, Eat-In Kitchen, Gourmet Kitchen, Island
Stall Shower
Interior Features
2,200 Sq. Ft. Above Ground ,2,150 Sq. Ft. Below Ground
Microwave, Range/Oven Built-in, Dishwasher, Disposal, Dryer, Energy Star Appliance(S), Washer, Freezer, Refrigerator, Exhaust Fan/Hood, Ice Maker, Instant Hot Water, Self-Cleaning Oven, Single Oven, Wall Oven, Electric Range/Cooktop, Gas Range/Cooktop, Range Hood, Appliance Center, Stove, Carbon Monoxide Detector
Hardwood, Ceramic Tile, Other, Carpet
Central Air, Electric, Heat Pump, A/C - Other, Whole House Fan, Ceiling Fan(s), Attic Fan
Electric Heating, Wood, Heat Pump, Forced Air, Central
Full, Partial, Full Finished, Heated, Entrance Outside, Poured, Walkout
Greenhouse Window, Screened, Skylights, Vinyl Frame
1, Gas Burning, Heatilator, Insert, Mantle, Fireplace Screen, Wood-burning, Wood Stove, Fireplace
TV Entry System, Main Entrance Locked, Alarm -Smoke/Fire
Attic Storage, Bar, Breakfast Area, Built-Ins, Built-Ins, Chair Rail, Combination Living/dining Room, Crown Molding, Open Floor Plan, Recessed Lights, Skylight, Wainscoting, Walk-in Closets, Window Treatment, wine storage, Wood Floors, Fire Alarm System, Multiple Phone Lines, High Ceiling
Exterior / Lot Features
3 Garage Spaces, 3 Parking Spaces, Concrete Driveway, Driveway, Lighted, Private, Unpaved, Oversized Parking, Driveway
Stone, Vinyl, Frame, Brick Trim/Veneer
Brick, Deck, Enclosed, Patio, Porch, Roof Deck, Screened-in, Wrap-around Porch
Composition Shingle
Lake, Mountain, Panoramic, Valley, Trees/Woods, Pasture, Pond
AG
Sloped, Irregular
Barbed Wire, Board Fence, Electric, Partial, Split Rail, Wire, Wood
Grill - Outdoors, Exterior Lighting, Flood Lights, Out Building, Satellite Dish, Sidewalks, Front Yard, Back Yard, Trees, Other, Pond Front, Rural, Secluded, Gravel Road, Clear lot, Irregular, Open, Wooded, Pond, Sloped
Driving Directions
North on Headquareter Rd, right on Stout Rd
Financial Considerations
$5,902
2019
Listing Price History

Edinburg Real Estate

Edinburg is located in Virginia. Edinburg, Virginia 22824 has a population of 970.

The median household income in Edinburg, Virginia 22824 is $46,275. The median household income for the surrounding county is $44,470 compared to the national median of $50,013. The median age of people living in Edinburg 22824 is 44 years.

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Courtesy: United Brokers VA Ltd.
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