Rupert Murdoch has closed on the Moraga Vineyards Estate in Bel-Air five months after entering escrow. The News Corp. chairman paid $28.8 million for the 13-acre winery and mansion.
The property, which was listed earlier this year at $29.5 million, has an on-site wine cave, a 7,500-square-foot main residence, a guesthouse and a swimming pool, among other amenities.
Murdoch, 82, is also chief executive of 21st Century Fox. The media mogul billionaire has been discussed as a potential buyer for the Tribune Co. newspapers, which include the Los Angeles Times and Chicago Tribune.
Jim Kline of Surterre Properties was the listing agent. Delphine Mann of Coldwell Banker's Beverly Hills North office represented Murdoch.