After nearly four years on the market, and having been in contract since last fall, the property known as Big E Farm, which includes Martha Clara Vineyard, may actually be changing hands. Northforker.com reports that a Mexican family, headed by mining CEO José Antonio Rivero Larrea, has applied for a liquor license for Martha Clara Vineyards.
Mr. Rivero Larrea is the founder of a winery in Mexico called Rivero Gonzalez, which operates tasting rooms in Mexico City and Monterrey. His daughter María manages the vineyard.
Sounds to us like the Rivero Larrea family is making an excellent buy. The $25 million originally asked for Big E was, we thought, a reasonable asking price. The last ask listed on the Corcoran site is $17.5 million. The property is repped by Sheri Winter Clarry, who not surprisingly is remaining mum on the sale for now.
For that (probably less), the lucky new owners get more than 200 acres in Jamesport. The property includes a rather lovely manor house, with a professional chefs kitchen, commercial baking room (remember, the E stands for “Entenmann”!), club room, 5 bedrooms6.5 baths, four fireplaces, elevator, and a finished lower level with therapy/fitness pool, sauna, spa room, exercise room and wine cellar.
There are 17 buildings in all, including 9 barns, a “wine club gallery,” events space, tasting room, “culinary education center” and three cottages.
113 acres of the property are planted to vines. There are also numerous paddocks and a racetrack for thoroughbreds.
The estate was purchased by the Entenmann family in the 1980s as a horse property. Mr. Robert Entenmann, who died in 2016, began planting wine grapes in 1995, naming the eventual vineyard Martha Clara after his mother.
For more, click here. 171 Sound Ave, Riverhead