This expansive and gently rolling estate property is located proximate to Smith Mountain Lake (SML) in south-western Virginia. Smith Mountain Lake is Virginia’s most popular lake; at 40 miles in length with 20,600 acres of surface area, and 500 miles of shoreline, SML attracts tens of thousands of visitors each year and offers a wide variety of recreational activities of all types, including water and boating sports.
Of course, among these thousands of visitors are many who love and enjoy fine wine and actively seek out the opportunity to visit nearby vineyards and wineries to experience an authentic, quality estate wine in a relaxing, picturesque setting convenient to the entire Lake area and all the related happenings.
Upon entering this estate vineyard and winery through the columned and gated main entrance, and proceeding along the entry road, the vistas offered just keep getting better and better until one arrives near the winery and tasting room structure, where the Blue Ridge Mountain and pastoral views capture and inspire the imagination. Then, one’s thoughts turn to kicking back… and tasting the many fine wines which this integrated vineyard and winery offers in abundance.
The Vineyard and Winery:
Sited on approximately 5 acres, the vineyard is robust and well-tended with both vinifera and hybrid plantings. The white varietal plantings are Viognier (.9 acres), Traminette (.4 acres), Vidal Blanc (.4 acres), Chardonel (.4 acres) and Muscat (.2 acres). The red varietals are Cabernet Franc (.9 acres), Chambourcin (.8 acres), Malbec (.4 acres), and Syrah (.3 acres).
Total annual wine production capacity with current equipment is 25,000 liters, or about 2,750 cases. Current actual production is 13,500 liters or about 1,500 cases; thus, there is ample opportunity to increase case production through vineyard expansion and/or sourcing of additional wine grapes from other quality growers.
This winery is a proud member of the Commonwealth Quality Alliance program under the auspices of the Virginia Wineries Association, which ensures its fine wines are made with grapes grown, produced and bottled in Virginia and have met high standards through laboratory and sensory testing for quality. In addition to sales at the winery/tasting room, wines produced by this winery are also available at over 60 Virginia ABC stores throughout south-west Virginia.
The winery space is directly behind the tasting room area and is of an open, simple, and flexible design. It is fully equipped with adjustable capacity stainless tanks, and high quality complementary wine-making production equipment.
The well sited, two level winery building comprises over 6,500 square-feet and houses the winery and the inviting, up-scale tasting room facilities on the lower level. The main level features a large, well-appointed great room/event space with built-in bar, extensive cabinetry and soaring stone fireplace with large screen television above. The great room opens through double doors onto a very large covered patio area which offers ample space for gatherings, relaxed table seating and, of course, treats guests to the wonderful views of the vineyard and beyond. The main level also offers substantial residential living space, easily separated from the public areas.
Very near the winery and tasting room building, and just adjacent to the vineyard, is a very spacious event shelter with stone columns and full roof to accommodate outdoor gatherings in practically any weather.
Potential of the Vineyard/Winery Business and the Overall Property:
As vineyard yields continue to grow along with related wine production, underlying gross sales are also expected to rise. And, while the current owners have just recently embarked on the development of a special events business and formed a wine club, both of these business elements represent outstanding potential revenue streams for an integrated vineyard/winery in such a magnificent setting.
This offering includes between 15 and 20 acres of the existing larger parcel (101 acres) and will require a new survey prior to closing to establish the precise acreage. There is ample room for vineyard expansion and for a new separate tasting room and/or event center with expanded parking, etc. The offered 15 to 20 acres is easily viewed and identified, as it is all enclosed by high quality deer exclusion fencing. More acreage may be made available if desired, and the entire property is currently zoned as Agricultural Village (AV) which permits certain levels of future development by right. With its proximity to the lake, an adjacent full-service marina and restaurant, as well as other businesses and conveniences of the East Lake area, future development possibilities represent a superb investment opportunity for the forward thinking buyer.
Expansive and magnificent views and a fully integrated vineyard and winery producing fine wines at a premier and growing recreational destination—all this coupled with the opportunity to grow the vineyard/winery business, further develop the special events revenue stream, and/or develop the full real estate potential of the overall expanded acreage make this a compelling opportunity to consider.
For further information and showing, please contact the Listing Agent:
Tyler Williams, with Virginia Estates, Inc.
- Category: Vineyards, wedding-venues, Vineyards, wedding-venues, Vineyards, wedding-venues
- Price: $1,500,000