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Source: New York Times
By: Nora Walsh
09.12.2020

DSC_7510-Pano 16x9.jpgPhoto by Fernando Arcuri

Argentina

Algodon Wine Estates in San Rafael, Mendoza, is a 4,138-acre estate planted with heritage vines, olive groves and fruit orchards at the foot of the Sierra Pintada mountains.

The region’s sunny climate is ideal for producing the estate’s signature bonarda and malbec wines, as well as playing its nine-hole golf course designed by Ricardo Jurado Jr., the grandson of the Argentine golf legend José Jurado.

More than 100 vineyard lots, some showcasing Spanish Revival homes, overlook the golf course. (Another nine holes with adjacent lots are in the works.) Home sites range from 21,527 square feet ($105,000) to almost seven acres ($785,000), with construction costs around $80 per square foot. Homeowners’ association fees run about $350 per month.

“I quickly realized I could get much more for my money in Mendoza compared to Napa, Tuscany or Provence,” said John Raffaeli, a homeowner and wine entrepreneur.

At the on-site winery, homeowners can create their own private-label in collaboration with the winemaker Mauro Nosenzo. Rates start at $2,900 and include the cost of labor, a new French-oak barrel and about 290 bottles of wine.

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