Estimated payment $4,885/month
Highlights
- 45.18 Acre Lot
- No HOA
- More Than Two Accessible Exits
- Vineyard
- Garage doors are at least 85 inches wide
- Halls are 48 inches wide or more
About This Home
Caret Cellars, a well-established winery and vineyard in Essex County, Virginia, is ready for its next chapter. Now offered at $895,000, the updated price reflects recent renovations, including a beautifully finished upper level with private exterior entrance and newly added bathrooms. This flexible upstairs space offers enormous potential for creative use—whether for events, office space, or future residential or rental purposes. Please note: to utilize the upstairs as a residence or short-term rental, a Certificate of Occupancy (CO) would be required. The Seller is actively working with Essex County to explore the steps needed to obtain this.Situated on 45 scenic acres, including a 6.5-acre producing vineyard, the property offers the perfect blend of established infrastructure and untapped potential. Originally developed by R.D. and Junghee Thompson, the winery began production in 2014 and has grown to include 12 unique varietals. The 6,000+ sq ft facility houses a tasting room, production area, and now, a fully renovated second floor with vineyard views.Though production has slowed in recent years, the bones of a thriving wine business remain firmly in place. The tasting room features a prep area ready for kitchen appliances, and the production facilities are equipped to process over 1,800 cases of wine annually.Caret Cellars presents a rare opportunity to reimagine and revitalize a working Virginia winery. Whether you're an experienced vintner or an entrepreneurial visionary, this property offers the setting, infrastructure, and groundwork to build something truly special.
Listing Agent
(434) 409-4056 deidre@virginiaestates.com Virginia Estates, Inc. License #0225234439 Listed on: 10/23/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,400
Year Built
- Built in 2006
Lot Details
- 45.18 Acre Lot
- Property is zoned A1
Parking
- Parking Lot
Home Design
- Brick Foundation
- Frame Construction
- Stone Siding
- Vinyl Siding
- Concrete Perimeter Foundation
- Rough-In Plumbing
- Masonry
Interior Spaces
- 5,089 Sq Ft Home
- Property has 2 Levels
Bedrooms and Bathrooms
- 1 Bedroom
Accessible Home Design
- Accessible Kitchen
- Halls are 48 inches wide or more
- Lowered Light Switches
- Garage doors are at least 85 inches wide
- Doors are 32 inches wide or more
- More Than Two Accessible Exits
- Level Entry For Accessibility
Schools
- Essex Elementary And Middle School
- Essex High School
Farming
- Vineyard
- Farm Land Preservation
Horse Facilities and Amenities
- Farm Equipment
Utilities
- Central Air
- Hot Water Heating System
- Well
- Private Sewer
Community Details
- No Home Owners Association
- Caret Subdivision
Listing and Financial Details
- Assessor Parcel Number 24-21
Map
Home Values in the Area
Average Home Value in this Area
Tax History
Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
---|---|---|---|---|
2024 | $972 | $186,013 | $109,765 | $76,248 |
2023 | $972 | $186,013 | $109,765 | $76,248 |
2022 | $972 | $186,013 | $109,765 | $76,248 |
2021 | $985 | $194,448 | $118,200 | $76,248 |
2020 | $1,238 | $194,400 | $118,200 | $76,200 |
2019 | $1,266 | $129,800 | $118,200 | $11,600 |
2018 | $1,266 | $129,800 | $118,200 | $11,600 |
2017 | $1,266 | $0 | $0 | $0 |
2016 | $461 | $129,800 | $0 | $0 |
2015 | -- | $0 | $0 | $0 |
2014 | -- | $0 | $0 | $0 |
2013 | -- | $0 | $0 | $0 |
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
10/23/2024 10/23/24 | Price Changed | $895,000 | +5.3% | $176 / Sq Ft |
10/23/2024 10/23/24 | For Sale | $850,000 | -- | $167 / Sq Ft |
Mortgage History
Date | Status | Loan Amount | Loan Type |
---|---|---|---|
Closed | $383,960 | Credit Line Revolving |
Source: Bright MLS
MLS Number: VAES2000736

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