Jeff Elson
This isn't something you see every day in Malibu.
But there is one currently on the market, as Béatrice Cointreau - whose great-grandfather foined Cointreau Distillery and whose grandfather founded Rémy Martin - has listed her family's wine estate in the beachside community for $12.5 million.
Cointreau was previously the CEO of Champagne Gosset and was the first female member of the Wine Academy of France.
She is reportedly returning to France but has been producing wines for the Admirable Family Vineyards label here for several years. Cointreau bought the property, at the time a defunct vineyard, as two separate parcels in 2013.
"As far as the property itself, it's not everyday that you can purchase a vineyard in Malibu. There are none on the market beside L' Admirable," Shauna Walters, director of international luxury properties at John Aaron Group, told Business Insider. Walters is listing the vineyard with Sally Forster Jones.
Walters added: "The city of Malibu is not allowing them if they don't already exist so this is the chance to own something extraordinary."
The estate consists of a 6,635-square-foot home on roughly five acres, which is also home to 3,000 vines of Viognier, Cabernet, Chardonnay, and Syrah varietals.