Robert Mondavi’s iconic estate home in Napa Valley has been sold to an undisclosed buyer for an undisclosed amount.
The home was originally advertised for sale in May 2010 for $25 million and then listed for auction in October with bids starting at $13.9 million.
There were two bids on the property, Jane Garassino-Blecksmith, of Pacific Union International, said. While they did not meet the minimum price, the bids were “strong,” she said.
Garassino-Blecksmith would not reveal who the buyers are; only that they own property in the U.S. and overseas.
“I believe they are going to use it as a private residence,” she said.
The 11,800 square-foot, knoll-top estate is located on more than 53 acres in the Stags Leap district. It was designed by architect Cliff May in 1979. May also designed the Mission-style Mondavi winery in the 1960s.
Jocelyne Monello of Heritage Sotheby’s International Realty brought the buyer to the sale, a news release said.
“My client is delighted to become the proprietor of this residence,” Monello said.
Besides the main home the property also includes a guest house, swimming pool and spa, tennis courts and extensive grounds.
Garassino-Blecksmith and Chuck Sawday of Pacific Union International, along with Sheldon Good & Co., represented the Mondavi family in the sale of this property, the release said.