1126 MARKSVILLE RD STANLEY Virginia 22851
1126 MARKSVILLE RD, STANLEY, Virginia 22851 - $799,900
Amazing business development opportunity! Wisteria is a successful farm, vineyard, and winery bursting with the potential to be so much more! The vineyard is just the foundation of a potential event location that is budding with so many options, such as a wedding venue, bed & breakfast, or vacation cottages. With 15+ acres there is plenty for space to build the venue of your dreams. Situated in the beautiful Page Valley, which is one of the most popular wedding destinations in the State of Virginia, Wisteria is strategically placed to tap the DC metro, Nova, Richmond, and even the entire Mid-Atlantic regional market. For the calendar year of 2018, Page County brought in over $73 million dollars of tourist revenue! According to TLC network, Luray, VA, is the second most popular wedding destination in America. The already established vineyard and winery, has a proven track record of profitability, name recognition, 5.5 acres planted in vine, tasting room, crush room, entertaining patios, and a FAITHFUL following of customers. The vineyard is established to bring in income, while building the next phases of the event venue. The circa 1890s farmhouse which used to operate as a bed and breakfast could be converted back. Featuring five bedrooms and five bathrooms, expansive living and dinning rooms, and the grander of a 130 year old victorian farm house, the property sits just south of the town of Luray and is a few miles from the Shenandoah National Park. The rear of the property straddles the Hawksbill Creek and extends beyond it for an additional 3 acres. This provides a waterfront setting for guests, weddings, and other events. The land is flat and manageable for numerous activities and construction projects. Adjacent to the main house and tasting room is the barn. The current owners use it for livestock, but it could be easily converted to a venue building. In addition to the barn there are two larger utility garages on the property used for storing equipment and supplies. With a little vision and planning, Wisteria, can be transformed into a full service destination venue or remain as is and enjoyed as a vineyard and winery.