Property profile

171 Heritage Vines Way Elkin, NC 28621

OFF-MARKET
Commercial real estate
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Property summary

AI-generated overview

Discover North Carolina's first organic winery, a truly unique turn-key opportunity nestled in the heart of the state's wine country. This exceptional 23+ acre estate presents a rare chance to acquire a thriving business and idyllic lifestyle all in one. The property boasts approximately 5 acres of meticulously maintained grapevines, producing high-quality organic grapes. The main residence is a beautifully updated home exceeding 3,000 square feet, providing ample living space. An additional structure operates as a successful Airbnb rental, generating supplemental income for the owner. This income stream is further enhanced by the on-site tasting room, a welcoming space for guests to sample the winery's distinctive wines. The fully equipped wine-making facility is outfitted with modern and updated equipment, ensuring a smooth transition for the new owner. This turnkey operation is ideal for experienced vintners seeking expansion or entrepreneurs looking to enter the lucrative wine industry. The combination of established business, income-generating rental, and spacious living quarters makes this a truly exceptional and rare opportunity. The property offers a seamless blend of business and lifestyle, presenting a unique investment in a picturesque setting. The property's location within North Carolina's wine region provides excellent access to markets and tourism.

Property profile

Verified
Property type Commercial real estate

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

171 Heritage Vines Way Elkin, NC 28621
Elkin metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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