1877 Dry Hill Rd

Business Opportunity for Sale
Sale Pending/Contingent
Catylist Listing ID: 30634156
Property Subtypes: Real Estate
Status: Pending/Contingent
Building Size (RSF): 6,000 SF
Sale Price: $3,290,000
Name of Establishment: VILLA NOVE WEDDING VENUE AND WATAUGA LAKE WINERY
Business Website Address: villanovevineyards.com
Gross Revenue: $0 (Annual)
Cash Flow: $0 (Annual)
Last Updated: 9/10/2020

Overview / Comments

Villa Nove Vineyards is nestled in the Appalachian High Country, the vineyard-laced hills give way to a breathtaking 360-degree view of the mountain ranges of Iron, Roan, Stone and Beech.

As you approach the Tuscany feel of this gorgeous hilltop, you will pass through the wrought iron gates to the awe-inspiring view of the Tuscan themed pavilion. Near the top is complete with tower perched above the vineyard, overlooking the Blue Ridge Mountains.

This unique opportunity to own your hilltop would give you an opportunity to gaze at the gorgeous mountains of Johnson County, Tennessee.

The almost 6000 square foot custom stone Italian Farmhouse perched high on a hill of 35 acres of pasture includes 8 acres of vineyard. This allows you every opportunity to take in the beauty of this one of a kind property from all angles.

Just a stone's throw away from Watauga Lake, this property is conveniently located to this pristine water source of a 6400 acre lake with mountain views.

No detail went untouched.

The main home boasts 4 sizable bedrooms and 4 full baths, with 1 half bath, theater, butler's pantry, wine cellar, office, gourmet kitchen, outdoor fireplace, covered pergola, covered outdoor pavilion adjacent to home, front yard fountain, garage and much more.

The wedding pavilion will accommodate over 200 guests and offers restrooms and a caterer's staging kitchen.

This destination property is conveniently located to Boone, Blowing Rock, Banner Elk and Beech Mountain, North Carolina, Abingdon, Virginia and Northeast Tennessee.

A fully restored farmhouse, 3 bedroom/1 bath, as the Vineyard Cottage Retreat on the property with adjacent barns with bathroom is also included on this property. All equipment remains to maintain property and vineyards.

The cottage could be a caretaker home, wedding cottage for guests, or an Air BNB for out-of-towners.

In proximity to the main home and Villa Nove Vineyard, approximately 2 miles, a 10 acre parcel includes Watauga Lake Winery with an Event Room. All 8300 square foot, fully restored building and functional winery with all of its current equipment, including a commercial kitchen and tasting bar. This at one time was Dry Run School and home to many local students.

Copperhead Road, by Steve Earle's famous song narrator is name John Lee Pettimore III, who's father and grandfather both actively made moonshine, just below the winery in a holler along Copperhead Road.

This unique opportunity is a turn-key wedding venue with winery, equipment and staff- all ready to go!

You do not want to miss this one, it won't last long! Make it your dream home, 2nd home or primary business! The mountains are calling you and "Tuscany in Tennessee" will never disappoint.

Additional Details

County: Johnson
Industry Segment: Other Real Estate
Reason for Selling: Ready to travel is the reason in selling!
Value of Inventory Included ($): $0
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0
Real Estate Lease Description: n/a
Employee/Labor Description: All employees are planned to stay and conduct business as usual as well as the current owners will help with any training needed to make buyers comfortable.
Mgmt/Training Support Description: All employees are planned to stay and conduct business as usual as well as the current owners will help with any training needed to make buyers comfortable.

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 1,368 4,199
Median Age: 48.95 45.64
Households: 630 1,846

Contact

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