Billionaire media mogul
The 82-year-old chairman of
The 16-acre estate -- which sits five miles from the Pacific Ocean and can be seen from the 405 Freeway -- is a rare trophy property in Los Angeles. Moraga was the first commercial winery to be bonded in the city of Los Angeles after Prohibition ended in 1933, according to the winery's website.
Asking price for the Moraga estate had been a full-bodied $29.5 million.
The property also includes an 8,000-square foot home and lush gardens.
In the 1930s and 1940s, Victor Fleming, the acclaimed director of such
Jones and his wife purchased the property in 1959. When Jones learned the Moraga Canyon had deep gravel soil, he was intrigued enough to try to grow some Bordeaux varietals. Annual rainfall in the Moraga Canyon is about 24 inches, compared with 15 inches for downtown Los
Moraga wines now are sold in some of the region's high-brow restaurants, including the Beverly Hills Hotel, Spago,
Murdoch gleefully announced his intent to buy the winery on