495 Meadow Landing Lane Caret, VA $ 850,000
495 Meadow Landing Lane
$ 850,000
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495 Meadow Landing Lane

Caret, VA, 22436
$ 850,000
Baths0.3 Sq 5,089

Monthly Estimate*

$ 5,938

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Studio

Farms/Ranches for sale in Caret, VA

for $850,000 with 3 half baths. This 5,089 square foot property was built in 2006 on a lot size of 45.18.

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 winerys 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.

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Farms/Ranches Active

Price

$ 850,000

Bedrooms

Studio

Half Bath

3

Property Type

Farms/Ranches

Taxes

$ 1,400

Style

Lot Size

45.18

Year Built

2006

Town/City

Caret

County/Region

Essex

MLS | Web ID

VAES2000574

Features
Interior
Heating Fuel Electric
Hot Water Other
Basement (Y/N) N
Heating Y/N Y
Above Grade Finished Area 5089
Full Baths 0
Half Baths 3
Central Air Y/N Y
Total Bedrooms 0
Room Type Commercial/Retail Space
Main Level Bedrooms 0
Above Grade Finished Area Source Estimated
Above Grade Finished Area Unit Type Square Feet
Total Baths 3
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General
Sewer Private Sewer
Heating Hot Water
Cooling Central A/C
Possession Settlement
Zoning AGRICULTURAL/RESIDENTIAL
Pool Y/N No Pool
Construction Materials Masonry Mixed Rough-In Plumbing Vinyl Siding Other Rock Frame Concrete Combination
Year Built 2006
Levels 2
Tax Year 2021
Percent Ownership Fee Simple
Cool Fuel Electric
Accessibility 2+ Access Exits >84 Garage Door Level Entry - Main Kitchen Mod 32 + wide Doors 36 + wide Halls 48 + Halls Accessible Switches/Outlets Other
County ESSEX
New Construction N
Property Type Farm
HOA / Comm Assn N
Subdivision Name CARET
Farm Features Farm Equipment
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade
Status ACTIVE
Directions use gis
City CARET
Buyer Agent Compensation 3
Senior Community Y/N N
Lot Size Square Feet 1968040.80
Waterfront Y/N N
Street Name MEADOW LANDING LANE
Tax Annual Amount 1400.0
Structure Type Detached
Condo/Coop Association Y/N N
Bathrooms Full Main Level 0
Bathrooms Count Main Level 3.00
Price Per Sq Ft 167.03
Acceptable Financing Conventional Farm Credit Service
Vacation Rental Y/N N
Days on Market 50
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Well
Type of Parking Parking Lot
Foundation Details Brick/Mortar Concrete Perimeter
Water View Y/N N
Lot Size Acres 45.18
Lot Size Units Square Feet
Lot Size Source Estimated
Crops Included Y/N Y
Cultivated Area 6.50
Farm Operation Vineyard Other
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 495
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* Excluded Features
List By
Virginia Estates, Inc.

Broker

deidre@virginiaestates.com

Email

Affordability Calculator

$6,054
Per Month
98%
2%
0%
Monthly Principal & Interest
$5,938
Monthly Property Taxes
$117
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3546217 Elementary School
3537583 Middle School
Essex High School High School
Pricing History
DatePricePrice ChangeDescription
2/27/2024$850,000 Listed Price

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495 Meadow Landing Lane, Caret, VA, 22436 is a Farms/Ranches for sale at $850,000 with 5,089 sqft and a lot size of 45.18. 495 Meadow Landing Lane is a studio with 0.3 baths and was built in 2006. The property's zip code is 22436 which is in Caret, VA