Recently, as a result of rescue excavations conducted by the Canakkale Archaeological Museum, an important Late Antique wine production installation was unearthed in the vicinity of Lampsacus in the northerly part of Hellespont. The archaeological work was carried out for a season at this installation but was also extended to include its surroundings in the Lampsacus valley, nearly 3km to the west of Lampsacus itself, situated on the shores of Hellespont. The investigations revealed that this building is not simply a wine production installation but part of a complex of buildings with extensive holdings which had the necessary resources for the production of wine and for habitation. In addition, during the excavations, along with the wine installation, some simple tombs and some large walls, identified as belonging to a farmstead, were found. Thus it can be understood that wine production was a major source of income for the city of Lampsacus in Late Antiquity, while traces of an important rural settlement have been detected on the Anatolian shore of the strait. The unearthed remains are very valuable for providing an idea about the relationship between rural and urban communities in the region with regard to production activities and settlement patterns.