Steve and Cathy Pepe, owners of Clos Pepe Vineyards and the former Clos Pepe estate wine label, have listed their 40-acre property for sale.
The property is located on West Highway 246, 8 miles east of Lompoc. The listing agent is Bob Jennings, manager of the Los Olivos office of Berkshire Hathaway. The sale price, according to MLS, is $9.75 million.
The sale marks the end of an era for the Pepes and the Sta. Rita Hills AVA. The couple and her son, Wes Hagen, were founding members of the appellation and the Sta. Rita Hills Winegrowers Alliance, Cathy Pepe told me in an email.
The Pepes bought the property in December 1994, and in 1996,…