495 Meadow Landing Ln, Caret, VA 22436
FOR SALE45.18 ACRES

495 Meadow Landing Ln
Caret, VA 22436

  • Studio
  • 3 Baths
  • 5,089 sqft (on 45.18 acres)
  • Studio
  • 3 Baths
  • 5,089 sqft (on 45.18 acres)

$850,000

Est. Mortgage $5,059/mo*

Local Information

map showing home location
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-- mins to
Commute Destination

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.

Home Highlights

Parking
Parking Lot
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$167
Listed
180+ days ago

Home Details for 495 Meadow Landing Ln

Interior Features

Beds & Baths
Number of Bathrooms: 3Number of Bathrooms (half): 3Number of Bathrooms (main level): 3
Dimensions and Layout
Living Area: 5089 Square Feet
Appliances & Utilities
Appliances: Other Water Heater
Heating & Cooling
Heating: Hot Water,ElectricHas CoolingAir Conditioning: Central A/C,ElectricHas HeatingHeating Fuel: Hot Water
Fireplace & Spa
No Fireplace
Gas & Electric
Crops Are Included
Levels, Entrance, & Accessibility
Stories: 2Levels: TwoAccessibility: 2+ Access Exits, >84" Garage Door, Accessible Entrance, Accessible Kitchen, Accessible Doors, Accessible Hallway(s), 48"+ Halls, Accessible Electrical and Environmental Controls, Other

Exterior Features

Exterior Home Features
Other Structures: Above GradeFoundation: Brick/Mortar, Concrete Perimeter
Parking & Garage
No CarportNo GarageNo Attached GarageParking: Parking Lot
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Private Sewer
Finished Area
Finished Area (above surface): 5089 Square Feet

Days on Market

Days on Market: 180+

Property Information

Year Built
Year Built: 2006
Property Type / Style
Property Type: FarmProperty Subtype: FarmStructure Type: DetachedArchitecture: Detached
Building
Construction Materials: Masonry, Mixed, Rough-In Plumbing, Vinyl Siding, Other, Rock, Frame, Concrete, CombinationNot a New ConstructionNot Habitable Residence
Property Information
Parcel Number: 2421

Price & Status

Price
List Price: $850,000Price Per Sqft: $167
Status Change & Dates
Possession Timing: Close Of Escrow

Active Status

MLS Status: ACTIVE

Location

Direction & Address
City: CaretCommunity: Caret
School Information
Elementary School: EssexElementary School District: Essex County Public SchoolsJr High / Middle School: EssexJr High / Middle School District: Essex County Public SchoolsHigh School: EssexHigh School District: Essex County Public Schools

Agent Information

Listing Agent
Listing ID: VAES2000482

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 45.18 Acres

Listing Info

Special Conditions: Standard

Offer

Listing Agreement Type: Exclusive Right To SellListing Terms: Conventional, Farm Credit Service

Compensation

Buyer Agency Commission: 3Buyer Agency Commission Type: %
Notes
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed

Business

Business Information
Ownership: Fee Simple

Miscellaneous

Mls Number: VAES2000482
Last check for updates: 1 day ago
Listing courtesy of Natt Hall, (434) 981-5923
Virginia Estates, Inc.
Source: Bright MLS, MLS#VAES2000482
Also Listed on Bright MLS.

Price History for 495 Meadow Landing Ln

DatePriceEventSource
08/29/2023$850,000Listed For SaleBright MLS #VAES2000482
06/01/2023$899,000ListingRemovedBright MLS #VAES2000228
06/03/2022$899,000Listed For SaleBright MLS #VAES2000228

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Property Taxes and Assessment

Year2023
Tax$972
Assessment$186,013
Home facts updated by county records

Comparable Sales for 495 Meadow Landing Ln

Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
1.15
Single-Family Home
$235,000
09/18/23
3
2
1,392
1.49
Single-Family Home
$309,900
10/06/23
4
3
2,082
1.87
Single-Family Home
$279,900
09/26/23
3
3
1,809
2.41
Single-Family Home
$310,000
03/18/24
3
2
1,400
2.70
Single-Family Home
$260,000
07/26/23
3
2
1,274
2.80
Single-Family Home
$199,000
11/27/23
5
3
2,040
2.65
Single-Family Home
$255,000
05/24/23
3
2
1,650

LGBTQ Local Legal Protections

Natt Hall, Virginia Estates, Inc.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2024 Bright MLS, Inc. Click here for more information
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
495 Meadow Landing Ln, Caret, VA 22436 is a studio, 3 bathroom, 5,089 sqft single-family home built in 2006. This property is currently available for sale and was listed by Bright MLS on Aug 29, 2023. The MLS # for this home is MLS# VAES2000482.