Rupert Murdoch Buys $30M Vineyard with Unique Past

Rupert Murdoch VineyardYesterday Rupert Murdoch tweeted: “About to celebrate buying beautiful small vineyard right in LA. Great wine, Moraga, owned by great Angelino, Tom Jones. Time cover, 1961!” The property he was referring to is located at 1050 MORAGA Dr, and hit the market for $29.5 million; the sale is currently pending.

The property includes a 7,724 square foot home and the Moraga Vineyards and Winery. It is currently owned by Thomas Jones, the retired CEO of the Northrop Corporation. According to the New Yorker, Jones “converted six acres of his sixteen-acre property into the only commercial vineyard in Los Angeles. He started planting in 1978; the first bottling in 1982 was critical. The Jones spread contains eight small mini-vineyards, each contributing a distinct characteristic to the Moraga blend. Although Jones is aware that a Bel Air wine has about as much cachet as a Sylvester Stallone painting, he seems cautiously confident.” Now the Moraga wines have a good reputation, selling for $125 per bottle.

The property is located in the heart of Bel Air. In addition to the main residence, there is a guest house and a 4,400 square foot office building, which is currently being used as the winery sales office. There’s also a pool, guest quarters, stone patio with built-in barbeque, and of course an extensive wine cellar.

According to the L.A. Times, in the 1930s and ’40s, it was a horse ranch owned by Victor Fleming, who directed both Gone With the Wind and The Wizard of Oz. It was also the first commercial winery to be bonded in L.A. after Prohibition ended in 1933.

Discussion