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4135 S Lee Highway
Natural Bridge, VA 24578
Sydney Smith-Marlowe with Pearson Smith Realty, LLC, original listing - (571) 386-1075
$1,979,000
Conventional
Property
Bedroom
--
Bathroom
Full: 1, ½: 2
Property Type
Conventional
Square ft
5254 Square Feet
Property Description
Welcome to your slice of paradise in beautiful Shenandoah Valley. Halcyon Days Cider Co. & Labyrinth Orchard is a turnkey, boutique farm Cidery on 36.5 acres (4 parcels total). Established in 2018, Halcyon Days was the first Cidery to open in Rockbridge County. Surrounded by sweeping blue skies and stunning mountain vistas, the Cidery is ideally situated in Natural Bridge, VA and enjoys a steady stream of local and visitor traffic from the major Rt. 11 and I-81 corridors. Blending deep respect for traditional methods with newly refined techniques, Halcyon Days produces 850 cases of 20 different delicious, quality dry and sweet hard ciders annually. By allowing the 100% Virginia-grown apples, including many heirloom varieties, to speak for themselves, Halcyon Days’ ciders reflect true vibrancy and taste. The Cidery property contains multiple buildings and spaces, making for flexible, all-season uses. The owners painstakingly rescued an 1860s log cabin from nearby North Mountain and restored it to its former glory log by log to become the quaint-as-can-be Tasting Room. From the ample open and shaded outdoor seating to the adjacent game room and private event space to the Orchard Labyrinth and Event Pavilion, the Cidery is fully operational and optimally primed for the next owner to expand and grow the operations. You'll marvel at the large, almost-new Production Building built in 2022 and carefully designed by the owner with harvesting, processing, and bottling activities at the forefront. State-of-the-art equipment—all of which conveys to the new owner—includes 18 unjacketed, stainless steel, 120-300 gallon tanks; hand-bottling machine, bladder press, small hydraulic press, work tables, pumps, filters, grinder, and carbonator. Production is even large enough to incorporate wine barrels, tanks, and some winemaking equipment, should the purchaser wish to explore winemaking activities onsite. The Cidery operates under a Virginia Farm Winery license. The one-of-a-kind Orchard Labyrinth located at the Cidery is a well-known attraction in Rockbridge County. An amazing feat, the design is modeled on the labyrinth of Our Lady of Chartres Cathedral in France. In this adaptation, the trees are pruned and trained along a trellis system to create the “walls” of the labyrinth. Planted in 2016, the Labyrinth is 4.45 acres and contains nearly 1,900 dwarf apple trees of 50 varieties. The offer price includes four parcels. Two parcels make up the 11.08 Cidery property. Two off-site parcels total 25.46 acres and contain three separate orchard groves (5.52 acres). Adjacent to the off-site orchards, there are two additional parcels ( 10 acres total) available under separate purchase. ***Full marketing brochure available to qualified buyers. The offer price is inclusive of the real property, cider inventory, FFE, and goodwill. The property is in land use. Seller is not responsible for rollback taxes. Assessed value listed is for 11.08 acre parcel only.***
Property Information
Lot Size
11 acre(s) square ft
Property Type
Farm-Farm
Year Built
1865
MLS Number
--
Location
Address
4135 S LEE HIGHWAY
City
NATURAL BRIDGE
State
VA
Zip Code
24578
County
ROCKBRIDGE
Listing
Provider
Pearson Smith Realty, LLC, original listing
Name
Phone
(571) 386-1080
Office Name
Office Phone
(571) 386-1075
Agent Name
Sydney Smith-Marlowe
Agency Phone
(571) 386-1075

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HUD foreclosures and VA Foreclosures are some of the best homes to buy when price is part of the equation. As with most Americans, price is always a concern. If not buying the same house for less, why not buy more house for the same dollar invested? When looking for a good deal it is hard to do better than the VA or HUD foreclosures market. The simple truth is that there are just more VA and HUD homes on the market, as they represent such a large number of mortgages that are generated each year. This translates into more foreclosures just by the magnitude of difference between all others comparing to the two largest. The two largest also being government owned and operated means that they have less time to wait to make money back on the home. The FHA is especially known for selling HUD homes for less than the average sales price in a given area. FHA foreclosures represent a fraction of HUD but they are still a significant number of homes and both should be considered. VA (Veterans Administration) and HUD (Housing and Urban Development) have different and unique opportunities for the buyer. Both are often forgiven for the local taxes normally associated with the purchase of a home (this is on a county by county basis). Be sure to ask the local title company or escrow company to look into it for you before closing as this is often missed due to their are not used to dealing with the 2 to 3 percent of the market that VA and HUD foreclosures represent.

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As the market settled after the mortgage meltdown foreclosure listings also settled and fewer homes were on the market with a placard reading “Bank Foreclosure” in big red lettering. This was a good thing for the entire real estate market. Having an abundance of foreclosures brings the entire market down and it makes it harder for home owners, who would like to move, to get the appropriate price for their home as a similar home down the same street was sold for substantially less and the appraiser is using the foreclosure as a comparable sale. This is just one of the problems when there are too many foreclosure listings in any area. Another issue is the television set that sits in everyone’s living room harping about the price of homes based on the number of foreclosures and this constant barrage of negative information makes most people sit on the sidelines waiting for the market to either implode completely or to correct itself. Meanwhile while they wait, others are buying foreclosure listings and making great investments. Whatever the reason, a market can only handle so many foreclosure listings at any given time. The more foreclosures, the lower the market gets and this is a lesson the banks that were foreclosing and selling off realized too late. The market and their investments would have been better off if there had not been a rush to divest themselves of the toxic assets made more toxic by their own actions.