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495 Meadow Landing Lane, Caret, VA 22436
$850,000
495 Meadow Landing Lane, Caret, VA 22436View this property at 495 Meadow Landing Lane, Caret, VA 22436
495 Meadow Landing LaneCaretVA22436
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Property Description
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.
Full Property Details
Full Property Details for 495 Meadow Landing Ln
General
- Price: $850,000
- Taxes: $1,400 (2021)
- Status: Active
- Type: Farm Single-Family
- MLS ID: VAES2000574
- Updated: 2/27/2024
- Added to Site: 67 day(s) ago
Interior
- Rooms/Areas: Commercial/Retail Space
Rooms
Bathrooms
- Total Bathrooms: 3
- Half Bathrooms: 3
- Main Floor Baths: 3
- Main - 1/2 Baths: 3
Parking
- Parking Type: Parking Lot
Location
- County: Essex
- Development Name: Caret
- Subdivision: Caret
- Driving Directions: use gis
School Information
- School District: Essex County Public Schools
- Elementary School: Essex
- Middle School: Essex
- High School: Essex
Heating & Cooling
- Central air: Yes
- Cooling Type: Central A/C
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Electric
- Water Heater: Other
Utilities
- Sewer: Private Sewer
- Water: Well
Structural Information
- Structure Type: Detached
- Construction: Masonry, Mixed, Rough-In Plumbing, Vinyl Siding, Other, Rock, Frame, Concrete, Combination
- Foundation: Brick/Mortar, Concrete Perimeter
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 5,089
- Sq. Ft. Source: Estimated
- Living Area: 5,089 Sq. Ft.
- Year Built: 2006
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 45.18
- Lot Size (Sq. Ft.): 1,968,040
- Lot Size Source: Estimated
- Zoning: AGRICULTURAL/RESIDENTIAL
Farm Information
- Farm Description: Farm Equipment
Financial Considerations
- Price Per Sq. Ft.: $167.03
- Assessment Year: 2021
- Tax w/Assessment: $186,000
- Tax Amount: $1,400
- Tax Year: 2021
Disclosures and Reports
- Buyer’s Brokerage Compensation: 3%
- Ownership: Fee Simple
Listed by Virginia Estates, Inc., Deidre E Carpenter
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Schools
Schools serving 495 Meadow Landing Ln
School District:Essex County Public Schools
Rating | Name | Grades | Distance |
---|---|---|---|
912 Intermediate School Cir, Tappahannock, VA 22560 | 4-7 | 6.2 mi | |
205 Elem Sch Circle, Tappahannock, VA 22560 | PK-3 | 6.3 mi | |
833 High School Circle, Tappahannock, VA 22560 | 8-12 | 5.9 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 495 Meadow Landing Ln
Date
Details
Price
Change
Source
2/27/2024
Listed
$850,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 495 Meadow Landing Ln
Year
Property Taxes
Change
Tax Assessment
Change
2023
$972
—
$186,013
—
2022
$972
-1%
$186,013
-4%
2021
$985
-20%
$194,448
—
2020
$1,238
-28%
$194,400
50%
2019
$1,711
—
$129,800
—
2018
$1,711
—
$129,800
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 495 Meadow Landing Ln
Want to learn more about 495 Meadow Landing Lane? Do you have questions about finding other Farm Single-Family real estate for sale in Caret? You can browse all Caret real estate or contact a Coldwell Banker agent to request more information.