Seven Stones winery in St. Helena sold to multinational group
Award-winning 7 Stones winery in St. Helena, California, which features a magnificent 6,600-square-foot dwelling on 45 acres, has bought for $34 million, the optimum-priced sale mentioned in Napa Valley wine region in 2022, according to Compass real estate organization.
7 Stones is the smallest boutique vineyard permitted in Napa Valley, and was less than acceptance to double the measurement of its vineyard when it hit the sector in July, according to Compass.
The winery was owned by the Wornick household, even though Aaron Pott of 7 Stones is regarded as a superstar winemaker in California’s wine region.
The customer is a multinational corporation that is stated as below HSIH NHH INV LLC, in accordance to community assets and property finance loan records.
Each the consumer and the vendor were represented by Steve Mavromihalis and Damian Archbold of Compass. Archbold declined to provide far more details on the consumer, a California limited liability company.
The property arrives with a pool, guest residence, barn, workshop house, vineyards and a coveted wine label. The dwelling characteristics a wonderful artwork collection, with quite a few items promised to museums around the planet, in accordance to a Compass consultant.
A new operator may well consider using the elite winery at 840 Meadowood Lane to yet another stage, this kind of as achieving cult wine standing, Archbold informed the Bee in post printed in July.
The potential buyers are learning irrespective of whether they will expand the scope of the vineyard, he mentioned in an e mail.
“Seven Stones Vineyard, St. Helena’s celebrated, unequalled boutique vineyard property has been sold for $34 million to a multinational company with a significant US existence,” Archbold explained in a statement. “This acquisition will sort aspect of a freshly founded entity for their wine company.“
Seven Stones was designed by Ronald and Anita Wornick in 1995, in accordance to seller Michael Wornick.
“The timeless qualities of the lovingly produced European type residence, sculpted 45 acres, and bespoke vineyard, make the assets among the the most distinctive and coveted in the earth,” Mavromihalis claimed.
This tale was originally printed December 5, 2022 12:08 PM.
David Caraccio is a video clip producer for The Sacramento Bee who was born and lifted in Sacramento. He is a graduate of San Diego State College and longtime journalist who has worked for newspapers as a reporter, editor, web page designer and digital information producer.