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$1,679,000

Beds
3
Baths
3.5
sq ft
3,600

15715 Bald Eagle School Road, Brandywine, MD 20613

15715 Bald Eagle School Road

BRANDYWINE, MD 20613

  • 365 days on market
Nestled amidst the idyllic landscape of Brandywine, strategically positioned for easy access to Washington, DC, Virginia, and Southern Maryland, a truly unique opportunity awaits. This is a rare and enticing chance to acquire the very first commercial winery in Prince George’s County, MD. Founded in 2007, Romano Winery has a storied history of profitability until its temporary closure to the public in June 2023. Now, the baton is passed to you, offering the opportunity to build upon the foundations of success and elevate this business to new heights. The offering comprises three parcels spanning nearly 23 acres of picturesque, rolling terrain, complete with vineyards, woodlands, and open fields. Adding to the appeal is a 3,453 SF two-story custom home, offering 3 bedrooms and 3.5 baths with picturesque views. Inside, find exquisite wood plank flooring, a spa-like whirlpool tub, dual-zone heating, a finished basement, a sprawling deck, and a bonus room above the finished two-car garage. The kitchen is adorned with Corian countertops, custom cabinetry, new stainless appliances, and freshly installed LTV flooring. A 16’x20′ two-story shed and 50’x30’ workshop/pole barn enhance the property’s utility. Descending from the residence, you’ll encounter a separate tasting room containing 2,300 SF plus prep kitchen and additional storage space. Attached to this space is a 40’x60’ Pavilion, providing patrons with a serene environment to savor the winery experience while gazing upon the vineyard’s beauty. On the direct opposite side of Bald Eagle School Road lie two additional parcels with their own vineyards. Here, you’ll discover a purpose-built 40’x60’ production facility and an additional 65’x30’ pole barn/workshop, all designed to support the grape-growing and wine-making process. The vineyard itself, initially planted in 2007 with additional plantings in 2017, boasts approximately 1,600 vines, including varietals such as Vidal, Chambourcin, Cayuga, Traminette, Viognier, and Petit Verdot. Over the years, the vineyard has yielded an average of 8 tons of grapes annually, with the benefit and flexibility of procuring additional grapes from partner vineyards. In terms of production, this boutique winery has historically produced between 1,500-2,000 cases annually, with the potential to expand to 8,000+ cases within the existing facilities with additional equipment. The growth prospects are exciting, with opportunities to host weddings and events, explore wholesale distribution, and resurrect the once-popular wine club. Romano Winery has a strong track record of profitability, and its prime location, nestled between two other wineries, and accessible to major metropolitan areas, positions it perfectly to re-establish itself as a prominent and sought-after winery destination under new ownership. Embark on your dream of entering the thriving wine industry in Maryland. Romano Winery’s legacy of success and its strategic location await your vision and creativity. Don’t miss this chance to make your mark in the world of fine wines. Additional photographs, business information, and private tours available upon the execution of a Non-Disclosure Agreement, and provision of verifiable Proof/Source of Funds letter directly from a recognized financial institution.

Details

Property type

Single Family Residence

Est. home value

$523,467

Lot size

22.7 acres

Price per sq ft

$467

Year built

1999

Annual property taxes

$6,716

HOA

No

Price History

08/14/2024
Bright

Bright #MDPG2093286

Listed
$1,679,000
05/03/2024
Bright

Bright #MDPG2093286

Pending
$1,679,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

PRINCE GEORGE'S COUNTY PUBLIC SCHOOLS

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Low Va Rates Llc

Loan start date

April 2021

Original loan amount

$327,315

Est. remaining balance

$301,733

Interest rate

2.97%

Loan type

VA, 30 year

Seller

Joseph A Romano and Joann L Romano

Lender

Blue Ridge Bank

Loan start date

May 2020

Original loan amount

$325,000

Est. remaining balance

$295,810

Interest rate

3.65%

Loan type

VA, 30 year

Seller

Joseph A Romano and Joann L Romano

Lender

Premium Capital Funding Llc

Loan start date

November 2009

Original loan amount

$392,000

Est. remaining balance

Not provided

Interest rate

4.94%

Loan type

Stand Alone Second, 30 year

Seller

Joseph A Romano and Joann L Romano

Lender

Pentagon Fcu

Loan start date

February 2007

Original loan amount

$110,000

Est. remaining balance

$20,106

Interest rate

6.18%

Loan type

Not Provided, 20 year

Seller

Joseph A Romano and Jo Ann L Romano

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 11/25/2024 at 6:30 PM

Listing updated: 10/01/2024 at 3:36 AM

Listed by: Daniel R. Langberg, Virginia Estates, Inc. Phone #: (434) 296-1234

MLS: Bright #MDPG2093286

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