2003 W Hanover Road, Hanover, IL 61041

$4,000,000 Asking Price

4 beds
6 baths
14,900  sqft
Built in 2008

This phenomenal Investment 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 & 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!


Features & Amenities

Interior

General:
Vaulted/Cathedral Ceilings, 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
Rooms:
Office, Media Room
Master Bath:
Double Sink,Full Body Spray Shower,Double Shower
Appliances:
Range, Microwave, Dishwasher, High End Refrigerator, Stainless Steel Appliance(s)
Dining:
Kitchen/Dining Combo
Laundry:
Gas Dryer Hookup, Electric Dryer Hookup
Basement:
Walkout
A/C:
Central Air
Heating:
Natural Gas
Fireplace:
Wood Burning, More than one, Fireplaces: 4
Disability Feature:
Yes

Exterior

General:
Combination, Balcony, Deck, Patio, Porch, Fire Pit, Guest House, Outbuilding, Second Residence, Shed(s)
Style:
Log
Parking:
Parking Lot, Parking spaces: 113

Construction

Roofing:
Metal
General:
2 Stories, Concrete Perimeter

Location

HOA Amenities:
Not Applicable
Originating MLS:
mred
School District:
210
County:
Jo Daviess

Lot

Zoning:
09001501000000

Utilities

Water:
Private Well
Sewer:
Septic-Private

Financial

Source:
mred
Ownership:
Fee Simple
Buyers Agent Compensation:
2.5%

This listing courtesy of:
BHHS Central Illinois, REALTORS, Amanda Wycoff

About Hanover, IL

Housing

Number of Units
701
Median Home Value
$171,266
Median Rent
$321

24.40% of housing units are renter occupied.

23.48% are vacant.

Commute

Car
82.89%
Public Transportation
0.00%
Walk to Work
1.24%
Work from Home
14.98%
Other
0.70%

The median travel time to work is 24 minutes.

People

Population
1,163
Median Age
49.10
Median Household Size
2.45

Education

High School
28.13%
Associate’s Degree
10.85%
Bachelor’s Degree
17.27%
Graduate Degree
11.46%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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