Perfect Pairing: L.A.-Area Wine And Olive Oil Estate Aims For $16.5 Million

Rolling Hills is a bucolic luxury community set behind gates on the Palos Verdes Peninsula, about 26 miles from downtown Los Angeles.

Known for equestrian estates and a rural atmosphere, the city has various microclimates that are ideal for growing grapes.

The sprawling single-story home contains 6,200 square feet of living space. (HILTON & HYLAND)

Villa Oneiro, Greek for “house of dreams,” was created by shopping center developer and architect Ernest Hahn for use as his personal residence. He is said to have chosen the site because of its five usable acres and expansive views that take in the Santa Monica Bay and the L.A Basin.

The current owners have embraced the home’s Midcentury design inspirations and honored them with period-appropriate art and furnishings. The grounds of the 6,200-square-foot reflect their beliefs in respecting nature, ecological self-reliance and sustainability.

The use of stone and walls of glass add to the Midcentury ambiance of the living room. (HILTON & HYLAND)

A substantial portion of the Mediterranean-like property is devoted to vineyards planted in 2006. The 2,500 Chardonnay and Pinot Noir vines can produce about 275 cases of Wine Spectator-rated wine annually.

The 85 olive trees include Italian, Greek and Spanish varieties. Not only are they aesthetically pleasing, but they produce 250 liters of olive oil a year.

A circular tray in the ceiling plays off the shape of the table in the formal dining room. (HILTON & HYLAND)

The land devoted to an organic farm, an herb garden and a fruit/citrus orchard creates too much produce for owner use and supplies area restaurants and resorts.

The six-bedroom, six-bathroom home itself includes a covered outdoor dining and lounging terrace. Stone detailing is used throughout, including in the step-down living room, where it covers the fireplace and an accent wall. Floor-to-ceiling walls of glass, a vaulted beamed ceiling and wood floors add to the period vibe.

Villa Oneiro takes in views that stretch from the Santa Monica Bay to the L.A. Basin. (HILTON & HYLAND)

The nearby dining room has an inlaid wood floor, a wall of windows and a tray ceiling. A long peninsula with a sink sits under skylights in the kitchen and looks out onto the new swimming pool and spa.

An outdoor kitchen with a wood-burning oven, an outdoor fire pit and a variety of seating areas complete the grounds.

The new swimming pool and spa are among more recent upgrades to the property. (HILTON & HYLAND)

Gary Gold of Hilton & Hyland is the listing agent for 30 Portuguese Bend Road, Rolling Hills, California. The asking price is US $16.5 million.