Famous Hawke’s Bay Winery Elephant Hill Back on the Market
The well-known Elephant Hill winery in Hawke’s Bay has been listed for sale again. The luxury estate, which is valued at over $15 million, is once again looking for a new owner after a previous attempt to sell the property was unsuccessful.
This time, the sellers are considering a different approach to the sale. There is a possibility that the large estate could be divided into smaller sections rather than being sold as one complete property. This change in strategy is intended to attract more potential buyers who might be interested in specific parts of the business.
The winery is famous for its high-quality wine production and its stunning architecture. The property includes a luxury lodge, a restaurant, and extensive vineyards that have become a popular destination for tourists and wine lovers in the region.
Real estate experts suggest that splitting the estate could make the sale more manageable. By separating the hospitality business from the vineyard land, the sellers hope to find a buyer for the entire site or smaller investors for individual parts of the estate.
As the Hawke’s Bay wine industry continues to grow, the future of Elephant Hill remains a point of interest for the local community. It is currently unclear how long the property will remain on the market or if a buyer will choose to keep the business operating in its current form.