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Marketing Consultant PROPERTY PROFILE Escape to South River Vineyard Make views like this a part of daily life from the windows of your beautiful turnkey 5,000 sq. ft. mountain home, overlooking the Shenandoah National Park 1677 Octonia Road Stanardsville, Virginia Bid Your Price! CERTIFIED FUNDS REQUIRED TO BID AUCTION DATE: MARCH 29 Buyer s Premium: 8% Woltz and Associates Inc. VA Real Estate Broker and Auctioneer, VA # 321 Woltz & Associates, Inc (V In cooperation with Fine & Company, LLC Virginia Broker) woltz.com fineandcompany.com 540.342.3560 312.278.0600

AUCTION INFORMATION THE AUCTION: On March 29, Woltz & Associates, Inc. a Virginia Real Estate Broker and Auctioneer in cooperation with Fine & Company, LLC acting as marketing consultant will auction this magnificent contemporary home, with five-acre vineyard, located on a total of more than ninety-two acres in prestigious Stanardsville, Greene County, Virginia which is located at the foot of the Shenandoah National Park. The main home features 5,000+ square feet of exceptional quality and design! Additionally, there is a spacious two-bedroom home which can be used as guest or manager s quarters, or a rental. WHY AN AUCTION: The Seller has determined the most cost-effective method of selling this property on a timely basis is to offer it for sale at auction. Therefore, the auction will be your final and only opportunity to purchase this property. SEALED BID DEADLINE: This beautiful blend of luxury and livability will be offered via sealed bid auction on Wednesday, March 29. Sealed Bids are due on or before 3:00 p.m. Eastern Standard Time and must be delivered to Woltz & Associates, Inc., 23 Franklin Road SW, Roanoke, VA 24011. For details contact Boyd Temple or Charlie Wade at 800-551-3588 or by email Boyd@Woltz.com or Charlie@woltz.com See the Bidder s Information Packet for Details. ON-SITE INSPECTIONS: The property is available for inspection on the following dates and times: 1:00 p.m. 3:00 p.m. March 4, 11, 18 & 25 Please do not contact the seller or enter the property at other times without permission. We encourage you to attend as many inspections as you would like. These inspections are designed for you to spend time with our staff and become familiar with the property. During the inspections we will explain the auction procedures, review the due diligence materials available, and provide you with time to tour the property. BIDDERS INFORMATION PACKET: A Bidder s Information Packet for the property is available electronically via email Drop Box, at scheduled viewings and by mail. It includes the Purchase and Sale Contract, preliminary commitment for title insurance showing the condition of title to be free and clear of any past taxes or any other debt or liens, real estate tax bill, detailed property information, home inspection, plat map, and local information. Obtaining a Bidder s Information Packet is a requirement in order to bid. Please see the Bidder s Information Packet Order Form at the end of this property profile for further details.

BUYER S PREMIUM: An eight percent (8%) Buyer s Premium will be added to the high bid to determine the total purchase price.. AUCTION INFORMATION CENTER: Representatives of Woltz & Associates can answer your questions, satisfy requests for information, and assist you in any other way possible. PLEASE DO NOT HESITATE TO CALL US AT ANY TIME. WE WILL BE OF HELP. The Seller has requested that neither brokers, nor prospective buyers, contact the Seller directly. Woltz & Associates, Inc. 800-551-3588 FAX: 540-342-3741 Ask for Charlie Wade or Boyd Temple or email charlie@woltz.com or boyd@woltz.com PROPERTY CONDITION: The property is being sold on an "AS-IS, WHERE-IS" basis, subject to the plat, and permitted title exceptions. We invite you and your experts to inspect the property. We have provided several on-site inspection dates to allow you sufficient time to investigate the site, review and obtain all pertinent property information, and speak with auction representatives about the auction process. Should you need additional access to the property, please contact our office and we will do our best to accommodate you. TITLE: The Purchase and Sale Contract describes the condition of title to be delivered at Settlement. A list of Permitted Title Exceptions is included in the Bidder's Information Packet. The Seller is responsible for delivering clear and marketable title. BROKER PARTICIPATION INVITED: A referral fee equal to two percent (2%), of the high bid will be paid to the REALTOR /Broker whose registered buyer closes on the property. Please refer to the Buyer/Broker registration requirements in the Terms of Sale. LICENSING DISCLOSURE: Cheryl Sullivan (Seller) is a Virginia licensed real estate salesperson. Terms and Conditions of Sale: Terms and Conditions of Sale are provided at the end of this document, along with the Bidder s Information Packet order form.

WHY BUY THIS PROPERTY? Live the Dream Just 25 miles from downtown Charlottesville, 89 miles from Richmond and 105 miles from the bustle of Washington D. C., South River Vineyard is your escape to recreation and re-creation. Magnificent Home This elegant turnkey 5,000 sq. ft. executive retreat is sure to impress. Located on a high knoll overlooking the surrounding mountains and lovely South River Valley, the viewsheds from this home are protected by conservation easements on this and most surrounding properties. Flow and Space - The home boasts an incredible floor plan, traffic flow and living spaces and finishes. This home is perfect for entertaining and recreation, delighting you and your guests with its refined yet comfortable elegance. Potential Winery With over 200 wineries in Virginia and the continued establishment of Virginia wine as a premier class by nationally recognized wine critics, this property is perfectly situated to become a destination stop for the wandering wine connoisseur. Grapes from this vineyard were recently awarded 92 points by Robert Parker, Wine Advocate. This is the highest rated wine in Virginia. Easy access to shopping Stanardsville offers local commerce of all kinds small shops, post office, restaurants, banks and a golf course, all within three miles away. Nearby Ruckersville offers additional restaurants, medical facilities and big box shopping. If a large shopping district is your destination, then Charlottesville is about a thirty fiveminute drive. Access to Washington D.C. and Richmond, VA This property makes an ideal second home filled with tranquility and beauty while only being a two hour drive to the heart of Washington DC or other destinations in the Washington metropolitan area. This property is only one hour and thirty minutes from the heart of Richmond. Transportation The Charlottesville Albemarle Airport is only twenty-five minutes away and is served by American Airlines, Delta, and United Airlines. Major routes include direct flights to Atlanta, Charlotte, Chicago, New York City, Philadelphia and Washington D.C. s Dulles International Airport.

OUR INTERVIEW WITH THE OWNERS: Building a home begins with a pile of materials and from there a lifestyle is created to bring joy and memories, enriching the lives of all who take stewardship. Homes can have a profound effect on those who dwell and visit. The owners share with you their memories of this special lifestyle: What is the history of the home: The property was part of the Shelton Family Farm. The original farm house was built in 1811 and is located on the adjacent property. When the descendants of the Shelton Family inherited the property and it was divided among the children, we had the opportunity to purchase Henry and Anne Shelton s share. Henry, who grew up on the property wanted very much to remain in Greene County and continue hunting, fishing and build his home. However, due to personal circumstances that dream didn t come true. We over the years have invited Henry to continue to hunt on the property. This has helped him to realize part of his dream.

What did you love most about the home: We loved the location facing so much Open Lands, with a northern exposure from the back deck, which provides beautiful sunsets and very private oasis. The fact that this property and much of the surrounding properties that create the magnificent views are now protected with conservation easements in order to protect these views for generations to come is one if the property s best features. The farm is now called South River Vineyard and offers the most beautiful 360 degree views of the Blue Ridge mountains and the South River Valley. The house sits at an elevation of 850 feet. The sunrise and sunsets are simply magnificent and will take your breath away. The panoramic mountain and valley views have given us many years of enjoyment and tranquility. Watching the deer run and other wildlife including beautiful birds and sometimes even a bear is part of what makes living on this property so special. We love that all the windows in the house have mountain views. Why did you buy it? We wanted to escape the hustle and bustle of the city, but still be within an easy commute to the amenities of Charlottesville and the world class medical center that the University of Virginia provides. This location provides an easy and beautiful drive to Northern Virginia or Richmond and the Charlottesville airport is only minutes away. There is easy access to schools and downtown. We wanted to build a home designed for family time, entertaining, and privacy that would take advantage of the views and serenity of this beautiful area all at the same time. What will you miss the most? The serenity and breathtaking sunrises and sunsets while enjoying either a cup of coffee or a glass of wine on the porch will be sorely missed. At this price point, it can t be beat. Riding the tractor through the vineyard and watching the grapes grow. Harvest is a culmination of love and attention to the fruit, producing the highest rated wine in Virginia. By Robert Parker, of the Wine Advocate. What are your most cherished memories: Our family memories, particularly the memories of our two grandchildren visiting the farm and leaning to ride a tractor, bottle feeding a mother-less calf, running through the grape vines and tossing the grape lugs off the back of a pickup truck as we prepared for harvest. Renewing our wedding vows in the open living area of our home which we converted to a church for the ceremony. My husband s love of the farm and his vineyard. All the fun he has had taking 92 acres and creating a home and a vineyard. All the friends we have made over the years, all the parties, gatherings and just sitting on the porch watching the sunset. We had many out-of-town visitors, all of which provided great memories and fun times.

What is the best window? The explosion of mountains, color and the South River Valley you see after opening the front door and taking about five steps into the house. The panoramic views cause everyone take a step back and catch their breath. Everyone is amazed at what they see for the first time. What little details do you treasure? The overall lifestyle of living in the South River Valley with breathtaking views and beauty while still convenient to Charlottesville. The house has afforded easy living and entertaining.

Property Information THE LOCATION: The home is located on 92.6+/- acres in the spectacular South River Valley of Greene County, just north of Stanardsville. Its deck house design blends the ever-changing colors and backdrops of the mountains with the multi-textured interior of the home. The main home is located on a high hill overlooking the protected South River Valley with majestic views of farms, woodland and mountains in all directions. The rear of the home has a wonderful Northern exposure, providing all day-sun and looks out over rolling meadows and mountains, most of which cannot be constructed on in the future. Year Built: 1992 Acres: 92.6+/-

THE HOME: This home is a Deck House style and is a statement of relaxed elegance in perfect harmony with the natural world surrounding it. It makes a powerful statement of beauty, strength and function. Floor to ceiling glass connect to the spectacular environment to create a feeling of living in the outdoors. Interior spaces flow freely, accented by a rich combination of natural woods. Deck House is a quiet statement about one s own selfconfidence a home of relaxed elegance in perfect harmony with the natural world, inside and out. The contemporary residence, was custom built with the highest quality construction utilizing Douglas Fir, Mahogany, Pine, and Cedar. The home is sited with spectacular views from every direction and from all rooms. The location of this vineyard, in the Monticello Appellation, is ideal for a successful winery with its close proximity to the highly traveled Blue Ridge Parkway and Shenandoah National Park. This turnkey vineyard is ready with all of the farm and vineyard equipment included in the sale (optional), to become a successful winery. The current farm manager's home is nestled well below the main home and contains 925+/- sq. ft. of living space with 2 bedrooms, a full bath, large kitchen and living area on the upper level. The lower level is currently used as a shop and for equipment storage, contains 925+/- sq. ft. and has an additional full bath with shower and wash-tub sink.

Main Floor FOYER: 22 X 12 Immediately, once you enter the home your eyes are drawn to the massive wall of windows in the two story living room and beyond. A graceful wooden staircase provides access to both the upper and lower levels of the home. LIVING ROOM: 24 X 16 When you entertain formally or relax with family and friends, this bright and inviting space draws you to the incredible vistas with its two story floor to ceiling windows and complementing stone fireplace. The room features a wall of sliding doors and windows. Complementing the view are ceramic and plush carpeted floors and a towering rock wall surrounding the raised fireplace. The high cedar planked ceiling enhances the warm and open feel of this fine home. This entertaining area is the perfect space for the most luxurious of soirees in front of the fireplace. DINING ROOM: 12 X 12 Open to the Living Room and kitchen is the dining room. There are no walls to disturb the views beyond the large entertaining porch. It s the perfect dining location for your holiday gatherings and birthday celebrations.

KITCHEN/BREAKFAST AREA: 20 X 14 Whether you are creating a meal yourself or with a visiting chef, this professional kitchen features a large preparation island to accommodate a full cooking staff while doubling as breakfast bar with its views of the land through large picture windows. Large preparation island Corian countertops Two extra-large storage pantries with built-in shelving Built in chef s desk with built-in matching cabinetry Kitchen appliances & plumbing including: GE oven Wolf four burner gas range with hidden exhaust fan GE Microwave oven Sub-Zero refrigerator / freezer Maytag dishwasher Open to the Living Room and kitchen is the breakfast bar which also includes a built-in desk and work space.

FAMILY ROOM: 16 X 16 The large family room lies just off the kitchen and entry foyer and features a high vaulted cedar planked ceiling and plush carpeted flooring. The southeast wall is mostly windows, opening up the view to the beautiful surrounding countryside by day, and stars by night. MASTER SUITE: 28, X 18, Entering the master suite is like retreating to your own exclusive spa. Curl up to read in the evening, watching the sea of stars illuminating the sky, or in the morning wake to the ever changing shadows and colors cascading across the Blue Ridge mountains. The generous walk-in closet is perfect for planning your outfits, whether it is going to be a day of hiking through the woods or a quick trip to the city; soothe your soul in one of two walkin shower rooms.

MASTER BEDROOM: 18 X 14 Vaulted cedar planked ceiling Multi-speed ceiling fan Carpeted Windows in two directions Walk-in closet and a second closet 8 panel door MASTER BATH, INCLUDING WALK IN CLOSET: 18 X 14 Two shower rooms constructed of glass Separate water closet Split, sink locations Stone countertops Skylight Custom installed mirrors Extensive cabinetry and drawers for storage FIRST FLOOR FULL BATH & LAUNDRY: When returning from recreation or tending to the vineyard, the first floor features a full bath with oversized stall shower and is conveniently located next to the garage entrance. The first-floor laundry is equipped with a Whirlpool Duet full size, washer and dryer SCREENED PORCH 12 X 24 Adjacent to the kitchen/dining area is the large screened porch overlooking the vineyard and beyond. The southeast exposure provides for watching the sunrise in the morning over coffee and breakfast.

DECK: The huge wraparound deck overlooks the surroundings and is directly accessible from the living and dining rooms and screened porch. The spacious hot tub is ideal for relaxing and entertaining while taking in the gorgeous views. Second Floor SECOND FLOOR LOFT AREA: This flex-space features an area for a day bed and overlooks the living/dining area and through the wall of windows to the scenery in the distance. SECOND AND THIRD BEDROOMS: Two comfortable bedrooms with vaulted cedar planked ceilings, carpeted floors, ceiling fans and large closets. One measures 14 X 14 and the other measures 14 X 13. SHARED BATH: With ceramic tile flooring, soaking tub and a linen closet.

Walkout Lower Level The walkout lower level is finished and flexible, allowing the future owner to create personalized space whether it be a home theater, game room, wine cellar or tasting room, artist studio, home office or some combination. FAMILY ROOM 45 X 20 AVERAGE: Enjoy gathering with your family and friends in the spacious lower level family room with floor to ceiling brick fireplace, and sliding glass doors leading to a covered patio. This area is more than adequate for comfortable living space, in addition to space for pool and ping pong tables and exercise area. OFFICE OR HOBBY ROOM 28 X 18 : An inspiring work area and hobby room with carpeted floor, abundant closet space, plenty of light and almost a wall of glass. Built in desk, work area and cabinetry are included with the purchase of the house.

WINE CELLAR: 13 x 6 This area is perfect for storing your wine selection, or for using as additional storage space. Both water and waste lines have been installed in this area for future plumbing needs. HALF BATH: The lower level features a half bath which is ideally located off the lower family room and covered patio. STORAGE ROOM: 26 x 8 This room has plenty of built-in shelving for storing household and seasonal items, is well lit and accessed from the lower family room. TWO CAR GARAGE: 24 x 22 Space for 2 cars, deep enough for extra-long SUVs and outdoor parking for many more vehicles Insulated garage door Storage closet in garage A walk-in door provides rear access MECHANICAL SYSTEMS Two high efficiency Carrier heat pumps with back up propane heating systems and Air Conditioning Electric hot water heater Whole house propane generator SECURITY SYSTEM Home is currently protected by ADT security and exterior video cameras

Exterior / Grounds CONSERVATION EASEMENT BENEFIT: This property and the majority of larger farms in the South River Valley are protected under a conservation easement assuring property owners that the unspoiled views will remain protected from future development that could tarnish the charm and incredible, almost virgin mountain and valley views you will fall in love with at your first glimpse from the house. The easement on this property allows for a winery, supporting buildings for both farm and winery as well expansion to existing homes and another residence to be constructed on the property, but no subdivision. POND: The secluded.25+/- acre pond lies west of the main home and provides additional recreational opportunities for fishing, swimming kayaking and canoeing. The pond can also be used as a water source for the vineyard or livestock. CARETAKER S RESIDENCE OR GUEST HOUSE WITH GARAGE UNDER: The current farm manager's home is nestled far off the main entry road and well below the main home and contains 925+/- sq. ft. of living space with 2 bedrooms, a full bath, large kitchen and living area on the upper level. The lower level is currently used as a shop and for equipment storage, contains 925+/- sq. ft. and has an additional full bath with shower and wash-tub sink. There is one 16 ft. X 10 ft. and one 8 ft. X 10 ft. garage door and the shop ceiling height is 10 ft 4 in. Dual entrances provide for the upper living area to be accessed from either the garage or from the outside. This provides for the living area to be used in conjunction with the shop area, or separately. Breathtaking views Bedrooms and living room feature carpet flooring Kitchen includes a preparation and dining island, with electric range, refrigerator and dishwasher, and has abundant oak cabinetry and extra closet space High efficiency Carrier heat pump/propane forced air heating, electric AC and a Whirlpool hot water. Separate well and septic

LIVING ROOM: KITCHEN: LOWER LEVEL:

VINEYARD: The vineyard is situated at the ideal elevation of 800-900 feet above sea level, allowing for excellent air flow, frost protection and superior wine grape growing conditions. Five acres of mature grapes and two acres are ready to plant. South River Vineyards produces Chardonnay, Petit Mensang and Viognier grapes for several nearby award winning wineries. There is the potential to transform this property into a successful winery with its proximity to the highly traveled Blue Ridge Parkway and Shenandoah National Park. Options include continuing to manage the vineyard and sell the fruit yourself, creating a destination winery of your own or leasing the vineyard to a number of area wineries.

Furnishings & Equipment FURNISHINGS: The home is offered unfurnished. Bidders have the option to include all of the furnishings and contents of the home with the exception of the model train layout and including all bedding, kitchen dishes, flatware, cooking utensils, pots and pans, etc. The cost of the furnishings package is $14,000. EQUIPMENT: The purchaser may also elect to include all of the following equipment used in association with the property and the vineyard for the cost of $50,000. Kubota L4330 tractor with cab and filtration system John Deere 830 tractor with bucket and brush hog Friuili vineyard sprayer 600 liter capacity 3 point hitch 55 gal spray tank with herbicides 2003 Chevrolet S10 street legal 1993 Chevrolet S 10 pick-up truck Farm use Exmark zero turn mower Walk behind roto tiller 500 grape lugs All furnishings and equipment is offered in as-is condition, with no warranty or representations.

Additional Advantages Two wood burning fireplaces Two Carrier furnaces and air conditioning units Rudd hot water heater Whole house propane generator Three wells (main house, caretaker house and vineyard) Most rooms wired for cable connections, telephone lines and exceptionally good high speed Internet Security/Fire Alarm/Carbon Monoxide system Gas connection for BBQ grill on back porch SCHOOL INFORMATION: Nathanael Greene Elementary William Monroe Middle School William Monroe High School REAL ESTATE TAX INFORMATION: Parcel Number Address Acres 2015 RE TAXES 19-28-B 92.6 $3,532

LOCAL INFORMATION Source: Town of Stanardsville Website About Stanardsville HISTORY: The Town of Stanardsville was established in 1794 and became the county seat when Greene County was formed from Orange County in 1838. The Town is named after its founder, William Stanard, member of a prominent Virginia family and heir to a portion of the original Octonia land grant issued in 1722. Stanardsville is one of the few intact courthouse towns that grew up along transportation routes crossing the Piedmont region. The town sits on a hill close to the Blue Ridge Mountains and Shenandoah National Park. In the 1800s, it gained notoriety as the last stop for travelers crossing the mountains at Swift Run Gap, just a few miles west of town. Stanardsville had hotels, taverns, restaurants, movie theater, and numerous shops of all kinds. It became a thriving commercial gateway to mountain businesses and the Shenandoah Valley. As the county seat, Stanardsville is home to the County Courthouse, County Administration Building, the Greene County Library Branch, and the County schools. Also nearby are the Green County Historical Society Museum and the satellite campus of Piedmont Virginia Community College. Stanardsville was designated a Historic District in 2004 (see below) and is listed on both the federal and state registries of historic places. Most prominent among its historic 19th century buildings are the Courthouse (1839), Lafayette Inn (1840), the Victorian (1841), and Gibbons Store / Herring Building (1845). Several other pre-civil War buildings, two structures built in the late 18th century, and four churches dating to the late 19th and early 20th centuries are clustered along Main Street and the surrounding area. Much of Stanardsville s earlier commercial activity declined with the advent of large malls in nearby Charlottesville and the diversion of passenger traffic to the Rte. 33 bypass. But the townscape survives much as it did during the late 19th century, despite sporadic building fires in the early 1900s. PRESENT DAY: Today, ongoing renewal efforts in Stanardsville to stimulate business activity and make physical improvements are making significant progress. Several new businesses have opened on Main Street in the past few years, including a restaurant, law office, and bank. The Art Guild is helping to establish the town as a center for artists and craftsmen, with an art gallery at one end of Main Street and a pottery/crafts store at the other. The streetscape was redone in 2013 with new sidewalks, red-brick crosswalks, landscaping, colonial-style streetlights, benches and other amenities. Thanks to another federal grant award, Phase II streetscape improvements to extend the sidewalk network on either end of town is just getting underway.

With numerous B&B s in the surrounding area, Stanardsville is an ideal tourist hub with access to many area attractions, including Shenandoah National Park, Monticello and Montpelier, University of Virginia, numerous wineries, Civil War battlefields, and other sightseeing and recreational opportunities in central Virginia. Sources: Town, *STAR*, Greene County Historical Society POPULATION: The 2010 census population count for the Town of Stanardsville is 367 people, but this figure does not accurately reflect the actual population. In fact, it represents a significant under-count. The 2006 census update estimated the Town s population at 502 people, a far more accurate and generally accepted figure. In any case, given the Town s small geographic footprint of 0.36 square miles (230 acres) and its many wide open spaces, its boundaries do not completely encompass the full number of people who would identify themselves as members of the Stanardsville community. A more accurate reflection of the locality s population is closer to 1,500 people living in the town and immediate vicinity. Historic District: Stanardsville was officially designated a Historic District by the Virginia Department of Historic Resources (DHR) in 2004. As such, the Town is listed on both the Virginia Landmarks Register and the National Register of Historic Places. In making that decision, DHR noted that the Landmarks Register includes historic landmarks, buildings,... districts,... which are of local, statewide or national significance, and that the Stanardsville Historic District deserves this official recognition as one of the Commonwealth s historic resources. The nomination process was spearheaded by a group of local volunteers led by Julia Dickey, Virginia Fitzhugh, and Jackie Pamenter. The process to produce a 50-page nomination paper included the documentation and survey of more than 100 buildings within the town limits of Stanardsville. Ranging from the 19th century Courthouse Square to mid-20th century commercial buildings along Main Street, the nomination detailed the history and development of the Town and took two years to complete.