No concessions need to be made on a rare vineyard, which delivers exceptional yields, established management and winery contracts, strong profits, diverse agri-business opportunities, and including a custom-built home with outstanding short-term rental income potential. This property features a mature income-generating vineyard and strong net profits, spread across 28.5 acres, complete with overhead irrigation and three windmills. With the potential to achieve an estate winery designation, this prestigious parcel includes 2.7 acres of Riesling, 6.2 acres of Cabernet Sauvignon, 4.1 acres of Gamay, 4 acres of Vidal, and 7.4 acres of the renowned Dornfelder grape varietals. Benefit from the ability to separate the secluded private residence from commercial activities with two road access points, enabling various agri-business opportunities. Additionally, a mature walnut grove presents potential for a generous barn/event space with lucrative income opportunities as a wedding venue. This property not only offers a distinguished private residence but also boasts a vineyard known for producing grapes of exceptional quality. By supplying premium grapes to leading wine producers in the region, this vineyard exemplifies the commitment to excellence that characterizes Niagara-on-the-Lake's winemaking heritage. Discover a pathway to an idyllic lifestyle where luxury, charm, and the allure of wine country converge. **** EXTRAS **** It is the purchaser's responsibility to obtain planning and use approvals to their requirements. Professional property use consultants familiar with this area, zonings, allowed uses are available. (id:56505)
MLS® Number | X8320542 |
Property Type | Agriculture |
AmenitiesNearBy | Highway |
FarmType | Cash Crop |
Features | Conservation/green Belt |
Type | Unknown |
UtilityWater | Municipal Water |
Acreage | No |
LandAmenities | Highway |
SizeIrregular | 120.64 X 1003.67 Ft |
SizeTotalText | 120.64 X 1003.67 Ft |
https://www.realtor.ca/real-estate/26868276/1065-concession-3-rd-niagara-on-the-lake
Contact us for more information
Kristyna Mracek
Broker