Auction Information
37.65 Acres with Vineyard, Winery, Equipment, Home
Mt Vale Vineyards
37.65 Acres with Vineyard, Winery, Equipment, Home
Selling the real estate, wine making equipment, all equipment used in the care, cultivation, and harvesting of the vineyard, a main house, guest house, cottage, and inventory. All of this will be sold as one lot.
3222 Meadow Creek Rd, Galax, VA 24333
We will be selling the tasting room and production facility, production equipment, and all inventory.
The value of the inventory is $100,000 at cost which translates into about $300,000 in retail sales.
There are a total of 3 acres planted with LA Crescent, Frontenac Gris, Chardonel, Marquette, Forntenac, and Cabernet Franc grapes.
Also part of the sale is the main house where the current owner lives plus a 1BR, 1BA guest house and a studio cottage. The current owner has been very successful offering the guest house and cottage for short term rent.
The tasting room i...
The tasting room is about 2,400 sq. ft and has a patio off of it. The property does have a warehouse and storage sheds for equipment.
Property Previews
Sunday, October 30 (12-2pm)
Sunday, November 6 (12-2pm)
Wednesday, November 9 (12-2pm)
Other times by appointment
Retirement Auction: Wednesday, November 16 at noon
Sale Manager:
Pete Ramsey
Terms: 10% Buyers Premium added to high bid(s) to determine contract sales price(s). 10% deposit due on the day of the auction with the balance due at closing within 30 days. Potential buyers must perform such independent investigations with respect to property as they deem necessary to verify information provided by the auction company and/or seller. All information provided by the auction company and/or seller is deemed reliable but not warranted. All property is being sold as is without representations or warranties of any kind or nature. Full terms available online and displayed on day of the auction.
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