About This Property
Presenting the Millstone Estate Winery property and business for sale. Located just 10 minutes from Departure Bay, this spectacular property offers the complete estate winery lifestyle with the potential to be a thriving agritourism business. The 12.75 acres have a beautiful character home, a spacious winery building set up for events, an established six acre vineyard with full irrigation, and a sizeable pond. The 2,500 square foot estate home was substantially renovated in 2004and has two bedrooms, one ensuite bathroom, and a walk-in closet on the main floor. The walk-out basement has a two bedroom, two bathroom suite as well as additional storage. The home features 12 foot ceilings on the main level with a wrap-around covered veranda deck with spectacular views overlooking the vineyard and surrounding nature. The home is currently a work-in-progress, but has the potential to be spectacular with a little bit of love. The 5,400 square footpost-and-beam winery building includes a tasting bar, lounge, wine production area/warehouse, event space, and a wood-fire pizza kitchen currently under construction. The six acre vineyard is planted with mature Pinot Noir, Pinot Gris, Ortega, Merlot, and Gewurztraminer vines. Winery production equipment, business assets, assignment of licenses, and inventory is not included. The spectacular estate winery is located in an equal parts scenic and convenient area. Bordered on the north by the Millstone River, the property has exceptional serenity with its riparian surroundings, yet is only a short distance from Nanaimo Proper. As this property is an operating business, we respectfully ask that you do not discuss the sale with any staff or visit without scheduling a showing. The property has a second legal address and access via a right of way on Holland Road. Multiple building sites. Ability to build second home. (id:64973)
At $3,100,000 for 12.75 acres, the Millstone Estate Winery property in Nanaimo represents a compelling value proposition at $243,137 per acre, well below the average Nanaimo commercial land price of $350,000 per acre. This fully-equipped estate winery and event venue is ideally suited for experienced operators looking to expand into the thriving Vancouver Island agritourism market.
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Rose Marie Manno is a 5-star rated REALTOR® serving Metro Vancouver & the Fraser Valley.
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