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Three Michigan Wineries Up For Sale
Filed under: Wine
If Napa Valley is out of your price range for your winery owning dream you might want to consider Michigan. Right now you have three prime opportunities on Michigan's desirable Leelanau Peninsula and all three are listed for far less than you might expect to spend in Napa.
Bel Lago is a boutique winery with 90 acres, of which more than 30 are planted. The winery produces around 5,000 cases a year and has won several awards. It is priced at $3.95 million.
Chateau de Leelanau, which is to be auctioned off on September 30, is 102 acres total. The winery bottled its first vintage in 1999 and 27 acres are planted with another 30 cleared for planting. It produces about 4,800 cases and winemaking is provided by an off-site consultant. The suggested starting bid is $3.5 million.
The most modest of the three is Willow Vineyard. It has just 12 acres (7.5 of which are planted with grapes), a house, tasting room and winery and produces 1,200 cases per year. It is listed at $2.35 million.
This is the first time that a winery in the region will be sold publicly and so many are eagerly watching what will happen in order to see just how hot Midwest wineries are.
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