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While Napa and Sonoma leap to mind when the grape-growing regions of California are mentioned, don’t sleep on Malibu. The hills above the coveted beach community are where you’ll find the Rosenthal Estate, where developer George Rosenthal cultivated grapes for his Rosenthal Wine label.
Now Rosenthal is ready to let his beloved estate go for the asking price of $38 million.
Rosenthal toyed with selling the luxe property in 2012 and listed it for $59.5 million. Nearly a decade later, he’s now in his mid-80s and more serious about selling the vast estate he’s been carefully piecing together since he paid $1,076,000 for a considerably smaller plot of land in 2000. His domain now spans 180 acres.
Ever since Rosenthal developed the property into a vineyard estate, visitors have made their way up winding Kanan Dume road to tour the facility.
A total of 10,000 grapevines flourish on the property, including cabernet, shiraz, chardonnay, and merlot grapes. There’s room to add another 10,000 vines.
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And grapes aren’t the estate’s only agricultural offering. There are also 600 avocado trees bearing fruit.
In addition to being a working agricultural property, the Rosenthal estate is a luxury resort. Residences include a spacious hacienda-style mansion and three guest cottages. With two pools, these amenities offer an ideal weekend getaway for Los Angelenos.
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The elegant 12,000-square-foot, hacienda-style main residence was inspired by the high-end country estates of Mexico. It features soaring, wood-beamed ceilings accented by leaded-glass skylights.
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There are six grand fireplaces, including in the kitchen and the adjacent breakfast room.
The kitchen is equipped with a custom-tiled backsplash, an island with seating, a leaded-glass skylight, custom wood cabinetry, stainless-steel appliances, and a three-basin sink.
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Ornate, carved wood can be found throughout, including in the bathrooms. Numerous double French doors open to terraces with expansive views of the property.
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And that’s just the main residence.
The lavishly appointed guesthouses mean overnight stays are a true treat.
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Outdoor amenities include a giant pool, spa and cabana, patios, decks, lawns, fountains, manicured gardens, a pond, and private access to the Backbone Trail.
The grounds are highlighted by curated sculptures and art installations.
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The property, including the equestrian-style tasting room, could be put to use to host anniversary celebrations, weddings, and private parties.
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The estate includes just about everything a buyer would need to become a turn-key winemaker.
However, there’s one thing not included in the sale price: the Rosenthal label. New owners can use the grapes produced on the property in their own wine, or sell them to other vinters.
“Although a universe all its own immersed in miles of nature, this prized location is just five minutes from Malibu’s beautiful beaches and 20 miles from Santa Monica. It offers possibilities and ample space for creative endeavors and a lifestyle of intimate dinners, poolside afternoons, and laughter-filled social gatherings,” says co-listing agent Joyce Rey, of Coldwell Banker.
Rey is listing the property along with Jade Mills, also of Coldwell Banker, as well as Sandro Dazzan of The Agency Malibu.
The post Malibu’s Iconic Rosenthal Vineyard Estate on the Market for $38M appeared first on Real Estate News & Insights | realtor.com®.
source https://www.realtor.com/news/unique-homes/malibu-rosenthal-vineyard-estate-for-sale/
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