Robert Mondavi Estate Auction – $13,900,000

Robert Mondavi Estate Auction

Sheldon Good & Company has been hired to hold the auction of the Robert Mondavi Estate.  Scheduled for November 16, the former estate of the late wine expert & philanthropist Robert Mondavi will be offered to a new buyer with a minimum bid of $13.9 million.  The Estate first came onto the market last May with an asking price of $25 million.  The home was designed by California architect Cliff May and includes a 50 foot indoor pool with retractable roof, wine cellar and oddly enough 2 bedrooms.

The result of a collaboration between three innovators, the Mondavi Estate is one of Napa Valley’s most signiicant residences.  Vintner Robert Mondavi and his architect Cliff May were game-changers in their respective ields, having a profound impact on how we live today: Mondavi, instrumental in making Napa one of the world’s premier wine centers and making wine more accessible and less intimidating to the public; and May, altering the concept of “home” in this country with the development of the Ranch-style house. Margrit Mondavi introduced new marketing concepts to the wine business as skilled ambassador, entertainer and event organizer.  Her input into the house’s design allows it to function seamlessly with a dual purpose, as both a venue for parties and an intimate retreat for two.  A classic of California design, this comfortable home is an enduring symbol of the love between Margrit and Robert Mondavi and their passion for a life well-lived.

 

Originally Listed For: $25,000,000
Published Reserve: $13,900,000
Auction Date: 2:00 pm – November 16, 2011
Size: 11,830 Sq. Ft.
Bedrooms: 2
Bathrooms: 5 Full, 1 Half
Specialty Items: Built in 1984, 56 Acres, 2 Acres Suitable for Grapes, 360 Degree Views of the Napa Valley, Designed for Robert and Margrit Mondavi, Designed by Cliff May.
Address: 5681 Silverado Trail, Napa, California, United States, 94599

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