$59.5M for a Malibu Wine Estate

Malibu is known for its pristine beaches and celeb residents, but did you know there's also luxurious vineyards? Take a look at Rosenthal Wine Estate, a 235-acre vineyard, which is on the market for $59.5 million, according to The Wall Street Journal. This property is listed by Coldwell Banker Previews International.

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Malibu is known for its pristine beaches and celeb residents, but did you know there's also luxurious vineyards? <a href="http://online.wsj.com/article/SB10001424052702303919504577521360210620818.html" target="_blank">Take a look at Rosenthal Wine Estate, a 235-acre vineyard, which is on the market for $59.5 million, according to The Wall Street Journal</a>. The estate is breathtaking with rolling hillside vineyards, a 12,000-square-foot main house, multiple swimming pools, and of course, a detached wine tasting building. This property is listed by <a href="http://www.californiamoves.com/property/details/2597857/MLS-12-612497/29000-Newton-Canyon-Rd-Malibu-CA-90265.aspx?SearchID=19842050&RowNum=1&StateID=9&RegionID=4&IsRegularPS=True&IsSold=False" target="_blank">Coldwell Banker Previews International</a>.
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The seller of the expansive estate is George I. Rosenthal who is the chairman of Raleigh Enterprise. According to the WSJ, he also owned and operates commercial real estate, hotels, and movie and TV studio complexes.
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A view of the motor court that sits in front of the 12,000-square-foot hacienda-style main house. The estate affords parking for a whopping 20 cars with the number of covered spaces listed as six.
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The modern spread features a bevy of modern art work. This is the first time the Malibu estate has been on the market since its inception in 1980.
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The main house comes with two swimming pools, as well as eight bedroom suites.
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Here's a view of one of the covered outdoor dining patios.
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A look inside the main house at the expansive living room. For $59.5 million, the furnishings are also included.
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A view of the skylit dining room. The WSJ reports that Rosenthal is also trying to unload Jigsaw Ranch, his property in Colorado. One parcel of the ranch is listed for $36 million, while the other is asking $22 million.
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A look at the home's gorgeous kitchen.
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There are nine bathrooms spread throughout the property. The estate also hosts two separate staff quarters and two separate guest houses.
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Picturesque rolling hillside vineyards surround the main house.
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The wine estate isn't just for the grown-ups. Here's a look at the fun kids' play area.
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The fully operational vineyard boasts this pond as well. If you're looking for saltwater, the beach is only five minutes away.
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Here's a view of the posh wine-tasting building.
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A look inside the tasting room.
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