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Calancombe, Modbury, Ivybridge, Devon - Image 1
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Calancombe, Modbury, Ivybridge, Devon - Image 5

Calancombe, Modbury, Ivybridge, Devon

South West

£3,100,000
Listed on 28/09/2025

Property Details

Bedrooms
5
Type
Detached house

Description

This property encompasses two significant components: a spacious farmhouse and an established vineyard/winery, both presenting substantial renovation and investment opportunities. The centerpiece of this estate is the expansive 4,000 sq ft Calancombe Farmhouse, boasting striking stone and white rendered elevations that create an attractive visual presence. This period home has seen thoughtful restorations, providing a solid foundation for further enhancements. The layout features a generous kitchen and breakfast room equipped with a central island and a walk-in larder, alongside a newly installed wine cellar. Bi-fold doors lead to outdoor terraces and gardens, establishing an inviting flow between indoor and outdoor spaces while offering picturesque views of the surrounding landscape. Inside the farmhouse, there are four versatile reception rooms on the ground floor—including a spacious drawing room with south-facing valley views—alongside practical amenities like a utility room and boot room for added storage. The first floor accommodates five well-proportioned double bedrooms, each with en suite facilities; the principal bedroom includes a dressing room and en suite bathroom. The additional rooms offer varying configurations for guests or family members. At the back of the house, a stone-paved courtyard leads to modern amenities including a home gym, shower room, office space, and utility areas. These spaces could be repurposed as additional accommodation units pending planning approval. Surrounding the farmhouse are well-maintained gardens featuring terraced lawns and an outdoor dining area complete with a brick pizza oven, enhancing potential for entertaining or leisure activities. The property's vineyard is equally noteworthy. Established in 2011, it spans approximately 23 acres and includes diverse grape varieties that produce high-quality still and sparkling wines. The winery facilities are set apart from the residential area to maintain privacy while providing ample opportunity for events within this unique microclimate ideal for winemaking. As an operating business that continues to expand its production capabilities—recent harvests producing around 30,000 bottles annually—the infrastructure is in place for significant growth. Included is modern winemaking equipment along with commercial kitchen facilities suitable for hosting events or tastings. This sector of the property exhibits considerable potential for further development or diversification into related markets such as cider production. Located conveniently between Dartmoor National Park and South Devon’s coastlines—just miles from charming towns—this estate benefits from tourist interest while offering options for local engagement through potential agritourism initiatives or community events. With extensive grounds featuring grasslands, wildlife areas, ponds, and orchard space ready to cultivate further agricultural pursuits, this estate combines residential comfort with substantial

Investment Analysis

(PL21 area)
Area Average
£329/sq ft

Renovation Potential

Est. Renovation Cost
£310,000 - £775,000
10-25% of property value
Monthly Sales
14
Average per month
Market Turnover
58%
Properties sold annually

Local Market Trend (PL21)

Area prices are rising by +6.0% over the last 12 months
3 year growth: 3.6%
5 year growth: 27.2%
Investment Disclaimer: Analysis based on PL21 area averages and may not reflect property-specific factors like condition, exact location, or unique features. Renovation costs vary significantly based on property condition and scope of work. Always conduct professional surveys and get multiple quotes before making investment decisions.

Location

Calancombe, Modbury, Ivybridge, Devon
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