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    454 Cassidy Hill Rd Coventry, CT 06238

    For Sale
    $3,000,000

    Vineyard, Residence, & Business Included

    Property size:
    6,116 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 137-acre property in Coventry, CT (06238) offers a turnkey opportunity to acquire a thriving winery, a renovated barn (10,000+ sq ft), and a charming 2,700+ sq ft Craftsman-style residence. The main winery building, constructed in 2008, boasts 6,116 sq ft of space encompassing a production room, lab, tasting room with a stone fireplace and wooden bar, offices, and an outdoor patio. It currently operates as a successful business, serving as a popular local gathering spot and live music venue. The property includes approximately 10 acres of established vines and benefits from existing staff, including a winemaker and vineyard manager. The asking price of $3,000,000 includes the business, inventory, and equipment, reflecting the real estate value. The property is zoned GR-80 and is conveniently located within 30 minutes of a major airport and near a major university. This unique offering combines residential comfort with a profitable, established business in a picturesque setting. The property's three buildings are situated on the rolling hills of Tolland County, providing stunning views. Further details on the business are available upon request.

    Property Features for 454 Cassidy Hill Rd

    General Information

    Property type
    Vineyards
    Square Feet
    6,116 SF
    Lot Size
    5,967,720 SF

    Building Details

    Year Built
    2008
    Buildings
    3
    Stories
    2

    HighLights

    • Currently operating winery with existing staff.
    • Turnkey operation ready for immediate ownership.
    • 30‑minute proximity to a major airport.
    • Near a major university.
    • Located in a residential area with a special use permit.
    • 10 acres of established vineyards.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cassidy Hill Vineyard Vineyard

    Suggested Use

    Realty agency Law Firm Building Supply Kitchen & Bath Garden Center Electrical Service Wine and Liquor Store Plumbing Service Nursing Home Assisted Living Facility

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Coventry
    County
    Tolland
    State
    Connecticut
    Longitude
    -72.3289187
    Latitude
    41.8352908

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    FAQs

    What type of property is this?
    Vineyard - Vineyard, Residence, & Business Included
    Where is this vineyard located?
    The property is located at 454 Cassidy Hill Rd Coventry, CT.
    What is the asking price?
    The asking price for this property is $3,000,000.
    What are key features of this property?
    This property features: Currently operating winery with existing staff.; Turnkey operation ready for immediate ownership.; 30-minute proximity to a major airport.
    Request Owner's contact information
    454 Cassidy Hill Rd Coventry, CT 06238
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    Coventry, CT 06238
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    454 Cassidy Hill Rd Coventry, CT 06238
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