Jim Kline Sells Iconic Bel-Air Property to Rupert Murdoch for $29,500,000
Posted by Claire Adams — September 10, 2013
Jim Kline — a celebrated professional within Southern California’s luxury real estate marketplace, and one of Surterre Properties® most accomplished agents — recently sold an iconic Bel-Air estate to News Corp Executive Chairman Rupert Murdoch.
Listed for sale at $29.5 million, the idyllic property spans 13 acres and encompasses vineyards plus a 2,300 square-foot winery — dubbed Moraga Vineyards — which produces approximately 1,500 cases of critically acclaimed wine annually.
The Moraga Vineyards Estate also includes a sprawling main residence — complete with maid’s quarters among countless other amenities — in addition to a separate two-bedroom guest house. Yet what truly sets the property apart is its rich Hollywood history. It’s original owner, Victor Fleming — director of Gone with the Wind and The Wizard of Oz — built the estate from the ground up during the 1950s.
According to Mr. Kline, who listed the property for sale and co-represented Mr. Murdoch in its purchase, the publishing magnate is excited to delve into the winemaking business.
Real estate transactions of this magnitude require the finesse not only of a seasoned professional like Kline, but of a brokerage that truly understands the upper echelon of the luxury marketplace. With its tremendous network, its unparalleled offering of strategic resources, and its unwavering commitment to placing outstanding service above all, Surterre Properties has proven time and time again its unique ability to help agents like Kline oversee high-value transactions with ease, efficiency and discretion.