Historic Riverside Estate with Prove...
Discover Vecpiebalgas Dzirnavas, a rare blend of heritage, nature, and profitability. Set on 1.6 hectares with a private river, this fully restored stone complex includes a 723 m² main residence, additional outbuildings, and a working hydroelectric plant.
Property features:
1.6 ha of land with a river flowing through it
Main residence – 723 m² (stone masonry)
Utility building – 245 m²
Barn – 91 m²
Hydroelectric plant building – 40 m²
Elegantly renovated between 2022–2024, the home features solid oak and spruce floors, antique and designer furnishings, modern appliances, and pellet boiler heating.
Income potential: up to €31,000/year from renewable energy generation and guest accommodation rentals.
Located just 1.2 km from Lake Ineši, 18 km from Gaiziņkalns ski area, and 110 km from Riga, this estate offers privacy, beauty, and a ready-made business in one.
Property exchange with additional payment on either side is possible.
