Ex-Northrop CEO’s Moraga Vineyards Property in Bel Air for Sale with Asking Price $29.5 Million

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Back in 1978, the Moraga Vineyards property was non-existent. In fact the ex-Northrop CEO Thomas Jones started off with six acres of land in which he began to plant grapes. By 1982, he managed to bottle his first wine, leading up to the creation of Moraga Vineyards.

According the New Yorker, this exclusive property is “the only commercial vineyard in Los Angeles,” when it was first showcased in 1994. Thomas Jones has officially put the property on the market. The property features three bedrooms, four and a half bathrooms, an on-site wine cave, a two-bedroom guesthouse and a 4,400-square-foot office building that is presently being used as a sales office for the winery.

Based on the New Yorker piece Jones makes it known that the property is located near the San Diego Freeway and has a considerable amount of rainfall (fifty and sixty percent more than downtown Los Angeles). Each winter the property receives a hard frost a lot of times. Also, “the soil is calcareous sandstone–sedimentary rock that has been thrust up from the ocean,” this might be key information for winemakers. Moraga Vineyards property’s asking price is $29.5 million, but just in case you feel need to spend more, the Rosenthal Estates vineyard property is also on the market for $59.5 million.

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