$266.67 Per Sq Foot $21,473 est/mo Sourced by Back At You

2003 W Hanover Road,Hanover, IL 61041

Hanover IL, 61041

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Description

This phenomenal Investment Opportunity on 112 Acres in the Galena Hills with a 5-acre Lake, 3 Exquisite Lodges, and a Winery! Breathtaking views of the Galena Territory make this property an ideal choice for weddings, special events, and even the prospect of a future resort. Actively thriving as Rocky Waters Vineyard & Winery, an award-winning 25-acre vineyard with the potential to expand up to 60 acres, this property offers turn-key income potential. However, if the new owners prefer not to be Winemakers, the sellers will "grapefully escape" and will remove the vines and equipment to allow the new owners to create their own dream. This estate provides three beautifully crafted homes, including a 15,000 sq ft luxurious main lodge with room for conversion into a bed & breakfast and an additional apartment. The Lodge features magnificent views & wrap-around decks for an immersive outdoor living experience, an exquisite gourmet kitchen, and a lower-level event space for up to 115 people. The Manager's Residence is placed on a specified 5 acres and offers 5 bedrooms, 3.5 baths, and a finished walk-out basement. The Fisherman's Cabin sleeps 10 and currently serves as an in-demand VRBO rental. This estate has been lovingly cared for by the same family since its creation. Rocky Waters is not only a rare investment opportunity but when the torch is passed, the new owners will be gifted peace of mind regarding quality, maintenance & attention to detail in every square foot. Indeed a dream come true! A plethora of additional information is available upon request!

Details

MLS#11895706
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year2008
Days On Site225
Listing Provided ByBHHS Central Illinois, REALTORS | Amanda Wycoff

Features

SQ Feet15,000
Story(s)4
Units3
ZoningCOMMR

Market Activity 61041

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Listings Checked: 4 minutes ago
StateIL
CountyJo Daviess
CityHanover
Zip Code61041
AreaHanover
Listing VS Median (in 61041)
Price:
$4,000,000
low | high
Med:
$1,800,000
100% of Average
SqFt:
15,000
low | high
Med:
3,804
100% of Average
$ / SqFt:
$267
low | high
Med:
$473
27.444794952681% of Average
On Site:
225
low | high
Med:
22.000000
100% of Average
Sourced by Back At You
Listing Updated: May 22, 2024 at 3:53:52 AM PDT