Huneeus Family Buys 80 Acres of Vineyard Land in Oakville from Clarke Swanson Jr. for $38 Million
September 06, 2018
|Swanson vineyards - not the winery - sold for $38 million to the Huneeus family, according to Napa County records. The sale does not include Swanson Vineyards. Vintage Wine Estates purchased Swanson Vineyards in 2015.
The Huneeus family has purchased about 80 acres of vineyard land in Oakville, according to Napa County records.
W. Clarke Swanson Jr. sold the land – about 86 acres - for approximately $38 million, according to deeds signed Aug. 31 and registered Tuesday in Napa. The parcels sold include a 74-acre parcel off Oakville Crossroad Road and Money Road, where a winery could be built, according to county records.
The buyer is listed as “1000 Oakville Cross Road LLC,” according to the deeds. Its address listed with the California Secretary of State is 1040 Main Street, Suite 204, in Napa – the same as Huneeus Vintners.
A member of the Huneeus family could not be reached Wednesday to comment on the transaction. A man who answered as “Mr. Swanson” and was taking a walk on Money Lane Wednesday declined to comment on this story.
The sale does not include nearby Swanson Vineyards, a winery the Swanson family founded in 1985. In 2015, Santa Rosa-based Vintage Wine Estates purchased Swanson Vineyards from W. Clarke Swanson Jr., including the Manley Lane tasting room, the case inventory of ultra-premium wines of Merlot, Cabernet Sauvignon, Zinfandel, Chardonnay, Sangiovese and Pinot Grigio, according to a press release. W. Clarke Swanson Jr. at the time kept the Oakville vineyards planted in Cabernet Sauvignon and Merlot, according to the 2015 written statement.
Napa County Planning in 2012 approved plans to build a 100,000 gallon winery on the 74-acre parcel north of Oakville Cross Road recently sold, according to county records. The by-appointment only winery would be three levels and feature a tasting room, a cellar, crush pad and loading docks areas, according to a county staff report.
The Huneeus family’s US holdings include Quintessa and Faust in Napa County, and Flowers Vineyards and Winery in Sonoma County and Benton-Lane Winery in Oregon’s Willamette Valley. Huneeus sold The Prisoner Wine Co. – a label with no other assets– to Constellation Brands in 2016 for $285 million, according to news reports.