$4,000,000 Price Analysis   ♡   Hanover, IL 61041 4 bed 6 bath 14,900 SqFt ($268/SqFt) 112.0 acre lot. Built 2008 Listed 2024-05-04 | May be USDA loan restricted due to income limits near Hanover |
This phenomenal In vestment Opportunity on 112 Acres in the Galena Hills with a 5-acre Lake
3 Exquisite Lodges and a working 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 and 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 and breakfast and an additional apartment.
The Lodge features magnificent views and 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 Resdence 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 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!
Presented by Amanda Wycoff at
BERKSHIRE HATHAWAY HOMESERVICES SNYDER REAL ESTATE.
Property MLS #11895848 from MRED
Bedrooms Possible: 4
Primary Bedroom Dimensions: 33 x 20
Bedroom 2 Dimensions: 20 x 16
Bedroom 3 Dimensions: 16 x 13
Bedroom 4 Dimensions: 23 x 17
Primary Bedroom Level: Main
Bedroom 2 Level: Second
Bedroom 3 Level: Second
Bedroom 4 Level: Second
Office, Media Room
Laundry: 8 x 7
Laundry Level: Main
Basement Features: Walkout
Family Room Dimensions: 46 x 32
Living Room Dimensions: 53 x 34
Media Room Dimensions: 32 x 20
Office/Study Room Dimensions: 13 x 10
Family Room Level: Second
Living Room Level: Main
Media Room Level: Main
Office/Study Room Level: Second
Basement Description: Finished, Bathroom Rough-In, Lookout, Concrete (Basement), Rec/Family Area, Stone/Rock, Storage Space, Walk-Up Access
Full Bathrooms: 4
1/2 Bathrooms: 2
Hot Tub
Bar-Wet
Hardwood Floors
Heated Floors
First Floor Bedroom
In-Law Arrangement
First Floor Laundry
First Floor Full Bath
Built-in Features
Walk-In Closet(s)
Bookcases
Ceiling - 10 Foot
Ceilings - 9 Foot
Beamed Ceilings
Open Floorplan
Some Carpeting
Special Millwork
Cocktail Lounge
Dining Combo
Granite Counters
Flooring: Hardwood
Laundry Features: Gas Dryer Hookup, Electric Dryer Hookup
Fireplace Features: Wood Burning, More than one
Heating Features: Natural Gas
Number of Fireplaces: 4
Dining Area Level: Main
Kitchen Dimensions: 32 x 25
Kitchen Level: Main
Deck
Patio
Porch
Fire Pit
Other Structures: Guest House, Outbuilding, Second Residence, Shed(s)
Additional Parcels: Yes
Lot Description: Common Grounds, Lake Front, Landscaped, Wooded, Mature Trees, Outdoor Lighting
Lot Size Acres: 112.0
Lot Size Square Feet: 4878720
Garage Spaces: 13
Garage Description: Attached
Garage Features: Garage Door Opener(s), Multiple Garages
Parking Features: Parking Lot
Elementary School District: 210
High School: River Ridge High School
High School District: 210
Map directions Map directions Map directions Map directions Map directions Map directionsSource Listing Status: Active
County: Jo Daviess
Directions: From US Rt 20, turn south on Rt 84 to Hanover, Il. Once in town, cross the Apple River and turn left (east) on Jefferson St. toward Garfield St. The total remaining trip is 1.7 miles. Keep left to stay on Jefferson St. Jefferson St. turns into Plateau/Monroe, and it is 1.5 miles to the entrance to Rocky Waters Vineyard and Winery, which is on the right side of the road. There are several Vineyard road signs to follow to Rocky Waters Vineyard and Winery. There will be no real estate signs on the property.
Tax Year: 2022
Ownership: Fee Simple
Source Property Type: Residential
Parcel Number: 09001501000000
Township: Hanover
Property Subtype: Detached Single
Source System Name: C2C
$4,000,000
MRED
Price Changed 2024-05-04
$4,000,000
MRED
Price Changed 2024-03-19
$4,500,000
MRED
Listed 2023-10-16
$4,999,999
MRED
Listing removed 2023-08-23
$4,999,999
MRED
Listed 2023-08-07
$4,999,999
MRED
Listing removed 2023-08-07
$5,300,000
MRED
Listed 2023-04-04
$5,300,000
MRED
Listing removed 2023-04-04
$5,700,000
MRED
Price Changed 2022-04-15
$5,700,000
MRED
Listing removed 2022-03-29
$3,499,000
MRED
Listed 2021-09-15
$6,200,000
MRED
Listing removed 2020-07-24
$5,995,000
MRED
Listed 2019-08-23
$5,995,000
MRED
Listing removed 2019-08-23
$5,995,000
MRED
Price Changed 2019-04-02
$5,995,000
MRED
Listing removed 2018-12-17
$6,750,000
MRED
Listed 2018-07-31
$6,750,000
MRED
Listing removed 2018-07-31
$6,750,000
MRED
Listed 2018-06-15
$6,750,000
MRED
Year Built: 2008
Foundation Details: Concrete Perimeter
Property Age: 16
Roof: Metal
Levels or Stories: 2
Architectural Style: Log
Water Source: Private Well
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.