Real EstateL.A.-Area Wine And Olive Oil Estate Aims For $16.5...

L.A.-Area Wine And Olive Oil Estate Aims For $16.5 Million

Rolling Hills is a bucolic luxury community set behind gates on the Palos Verdes Peninsula, about 26 miles from downtown Los Angeles.

Known for equestrian estates and a rural atmosphere, the city has various microclimates that are ideal for growing grapes.

Villa Oneiro, Greek for “house of dreams,” was created by shopping center developer and architect Ernest Hahn for use as his personal residence. He is said to have chosen the site because of its five usable acres and expansive views that take in the Santa Monica Bay and the L.A Basin.

The current owners have embraced the home’s Midcentury design inspirations and honored them with period-appropriate art and furnishings. The grounds of the 6,200-square-foot reflect their beliefs in respecting nature, ecological self-reliance and sustainability.

A substantial portion of the Mediterranean-like property is devoted to vineyards planted in 2006. The 2,500 Chardonnay and Pinot Noir vines can produce about 275 cases of Wine Spectator-rated wine annually.

The 85 olive trees include Italian, Greek and Spanish varieties. Not only are they aesthetically pleasing, but they produce 250 liters of olive oil a year.

The land devoted to an organic farm, an herb garden and a fruit/citrus orchard creates too much produce for owner use and supplies area restaurants and resorts.

The six-bedroom, six-bathroom home itself includes a covered outdoor dining and lounging terrace. Stone detailing is used throughout, including in the step-down living room, where it covers the fireplace and an accent wall. Floor-to-ceiling walls of glass, a vaulted beamed ceiling and wood floors add to the period vibe.

The nearby dining room has an inlaid wood floor, a wall of windows and a tray ceiling. A long peninsula with a sink sits under skylights in the kitchen and looks out onto the new swimming pool and spa.

An outdoor kitchen with a wood-burning oven, an outdoor fire pit and a variety of seating areas complete the grounds.

Gary Gold of Hilton & Hyland is the listing agent for 30 Portuguese Bend Road, Rolling Hills, California. The asking price is US $16.5 million.

Hilton & Hyland is an exclusive member of Forbes Global Properties, a consumer marketplace and membership network of elite brokerages selling the world’s most luxurious homes.

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