As of last weekend, my favorite Long Island pinot noir producer, Castello di Borghese in Cutchogue, went on the market for $9.2 million. The entire estate is included — 85 acres (25 planted with vines), winery, tasting room, warehouse and beautiful family farmhouse.
Before current owners Marco and Ann Marie Borghese bought the property in 1999, the property was known as Hargrave Vineyard — Long Island's first commercial vineyard, founded in 1973 by Alex and Louisa Hargrave. The Borgheses bought the vineyard and winery for $4 million.
When I asked Ann Marie what made her and her husband, an Italian prince, decide to put the property on the market, she answered simply "Marco and I are following our initial plan which was to be here until the children graduated high school and now we are structuring our next phase. The vineyard is for sale and with the time it takes to conclude this type of transaction we are starting the sequence."
Apparently neither her son nor daughter have any interest in taking over the family business. Maybe they'd be interested in adopting a local wine writer and letting him take over?
Apparently there are several parties already interested in the property, but as rumors swirled leading up to last weekend, the Borghese's winemaker Stan Schumacher resigned.