2003 West Hanover Road

Hanover, IL 61041

$4,500,000
Price
4,878,720 / 112
Lot Size / Acres

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,...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!
  1. Listed by Amanda Wycoff • BHHS Central Illinois, REALTORS
  2. Listed by Edwin Neaves • BHHS Central Illinois, REALTORS

Property Details for 2003 West Hanover Road

Area
Hanover
Subdivision
Not Applicable
Township
Hanover
Ownership
Fee Simple
Num Of Parking Spaces
0.0
Heat/Fuel
Natural Gas, Propane, Forced Air, Other, Wood
Zoning
AGRIC

Location

Listing Courtesy of BHHS Central Illinois, REALTORS
Add your commute
LISTING UPDATED: 03/24/2024 12:06 AM

Property Details for 2003 West Hanover Road

StatusActive
MLS #11895611
Days on Market223
Taxes$40,564 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeLand
MLS TypeLand
Year Built-
Lot Size112.00 AC
CountyJo Daviess County

Location

Listing Courtesy of BHHS Central Illinois, REALTORS
Add your commute

Virtual Tour

Building Information for 2003 West Hanover Road

Lot Size112.00 AC

Payment Calculator

$27,939 per month

30 year fixed, 7.25% Interest

Principal and Interest

$24,558

Property Taxes

$3,380

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2003 West Hanover Road

General Information
School Information
  • Elementary School District: 210
  • Elementary School: River Ridge Elementary School
  • Jr High Middle School: River Ridge Middle School
  • High School District: 210
  • High School: River Ridge High School
  • Middle Or Junior School District: 210
Location and General Information
  • Frontage Length: 3635
  • Frontage Type: County Road
Taxes and HOA Information
  • Additional Parcels: Yes
Property Information
Interior Features
  • Air Conditioning: Central Air
  • Basement Bathrooms: No
  • Num of Baths: 0.0
Exterior Features
  • Backup Package: No
Utilities / Equipment
  • Utilities: Electric to Site, Septic-Private, Well Private
Property/Lot Information
  • Lot Size: 25.0-99.99 Acres
  • Lot Dimensions: 4878720
  • Buildings on Land: Yes
  • Waterfront: Yes
  • Driveway: Gravel
  • Tillable Acreage: 60
  • General Information: School Bus Service
Property and Assessments
  • Possible Use: Agricultural, Agricultural/W Bldg, Commercial, Liquor License, Recreational, Single Family, Special Use, Other
  • Buyer Financing: Conventional, FHA, VA
  • Documents Available: Backup Package
  • Public Document Count: 3
  • Document Date: 2023-10-09T14:17:06
  • Photos Count: 140
  • OpenHouse Count: 0
Miscellaneous
  • Current Use: Agricultural, Commercial, Industrial, Liquor License, Recreational, Estate, Single Family, Retail, Special Use
  • Known Existing Liens: None Known
  • Land Amenities: Dock-Community,Pond/Lake
  • Land Description: Horses Allowed,Landscaped Professionally,Pond/Lake,Rolling Rural,Tillable,Wooded,Walk-out
  • Location: Water View
  • Road Surface: Gravel, Chip And Seal
Virtual Tour/Additional Media
  • Virtual Tour: None
  • Additional Media Type 1: Video

Property History for 2003 West Hanover Road

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2003 West Hanover Road

This home is within River Ridge Community Unit School District 210.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
River Ridge Elementary School
PublicPK to 5

River Ridge Middle School
Public6 to 8

River Ridge High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

2003 West Hanover Road is a 112 ac of land for sale in Hanover, IL 61041. This property was listed for sale on October 16, 2023 by BHHS Central Illinois, REALTORS, it's currently listed at $4,500,000. This listing's school district is River Ridge Community Unit School District 210. Nearby schools include River Ridge Elementary School, River Ridge Middle School and River Ridge High School. 2003 West Hanover Road is a 0-bed, 0-bath, 112 ac of land on a 4,878,720 sq. ft. / 112 acres lot.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity. Subject to change at any time. Compass makes no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

Listing Courtesy of BHHS Central Illinois, REALTORS

Based on information from one of the following Multiple Listing Services: Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Midwest Real Estate Data LLC (\"MRED\"), MRED PLN GRID, Northwest Indiana REALTORS® Association and NorthWest Illinois Alliance of REALTORS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.