Saturday, February 14, 2009

Price dropped on Seven Valleys winery

Several photos of the property, courtesy of Prudential Bob Yost Homesale Services.
There's still at least one winery for sale in the region. Carolyn Schoettler, of Prudential Bob Yost Homesale Services in Shrewsbury, Pa, said the price on Seven Valleys Winery has been dropped to $2.3 million. When we had talked last fall, the asking price was $3 million.

Schoettler said she soon will post it back up on, a listing of wineries internationally that are for sale, all the while having at least one interested party. "They are currently trying to find some investors to back them up for the down payment," she wrote in an e-mail. "I will be placing the vineyard back on sometime next week. Currently I receive about 2-3 calls per week, inquiring about the property. Most clients are interested in a smaller piece of land or the price is slightly higher than what they can afford. Now, with the owners currently offering partial owner financing and the reduction of $700,000, we have started to see some more interest."

You can find more information on the property at this listing. Grapes were first planted at Seven Valleys in 1976 and the winery opened in 1990. A member of the UncorkYork trail, it will continue to be part of the Tour de Tanks that starts Feb. 28 and continues every weekend in March. It currently produces 15 wines.

1 comment:

Anonymous said...

Seven Valleys is a beautiful winery, tucked back off a back road .... well worth the trip.