Gone With the Wind & The Wizard of Oz Director’s Home!
Gone With the Wind & The Wizard of Oz Director's Home!
Must SeeTop 10 Florida Condos For SaleOnly in California will you find an artisan vineyard and winery hidden in the heart of one of the wealthiest neighborhoods known for attracting film stars and other industry moguls. Bel Air is known for its astounding mansions overlooking the Pacific and the famous Bel Air Country Club Golf Course. Land values in Bel Air are astronomical and every square foot is coveted by the super rich and famous.
The 13-acre Moraga Estate was owned and built by the Hollywood director Victor Fleming, best known for all-time movie favorites, Gone With the Wind and The Wizard of Oz. He created the estate in 1930 as a horse ranch with an elegant main residence befitting a man of his stature and wealth.
The estate remained a horse ranch until Tom and Ruth Jones bought the property in 1959. According to the history of Moraga, Tom Jones was an aeronautical engineer as well as a wine lover and was CEO of Northrop Corporation for 30 years before retiring in 1989. In his executive capacity, he and Ruth traveled the world. While visiting vineyards in Europe, they were impressed with the similarity of their property's soil to that of Bordeaux.
In the late 1970s they began planting vineyards of Bordeaux wine grapes and today their 2,300 square foot winery produces approximately 1,500 cases of red and white wine a year. There are also staff quarters, a tasting room and wine cave. With a devout following, red wines are currently selling at $125 a bottle and the white wine at $65 a bottle. There is currently a $4 million inventory of wine that will convey with the sale of the property.
Now that the Jones are getting older, they have decided to sell the estate, highly desirable for its location, unusual history and income production. The 7,500 square foot main residence has 3 bedrooms, 4 bathrooms, and maid’s quarters. Almost all the rooms open out to the professionally designed gardens and lap pool. Across the lawn is a guest house containing 2 bedrooms and 2 bathrooms. Included in the sale is a 4,000 square foot office building within a half mile of the estate that is currently being used as a winery sales office.
According to the Los Angeles Times, Moraga is the first commercial winery to be bonded in the city of Los Angeles since Prohibition ended in 1933.
Bel Air estate on 13 acres was built in 1930s by Victor Fleming. Home also includes winery with "significant" inventory. Priced at $29,500,000.
http://www.surterreproperties.com/idx/listings/NP13017432/details.html
Source: www.surterreproperties.com