Bank looking to sell Esperanza in Yates

A Rochester-based bank is working with possible buyers to acquire one of Yates County’s most historic and scenic sites.

Genesee Regional Bank bought Esperanza Mansion for $100 at a public auction earlier this month at the county courthouse. It was most recently owned by Dave Wegman, but the bank foreclosed on the property in 2016.

Esperanza was built in 1838 by John Nicholas Rose, a farmer from Virginia who became one of Yates County’s wealthiest citizens. Rose and his family lived on the estate overlooking Keuka Lake until 1870.

It became an art gallery, winery, and bed-and-breakfast through the years. However, the mansion, which is listed as a national historical landmark, had deteriorated until Wegman bought the property in 2002. Wegman renovated the facility into a banquet facility and 22-room inn that opened the following year.

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