Alex Trebek’s former Paso Robles estate heads to auction at $33 million

Windfall Farms, a 724-acre winery and equestrian estate in Paso Robles once owned by Jeopardy! host Alex Trebek, will sell at auction Aug. 15 through Concierge Auctions with no minimum bid. The property blends vineyards, horse facilities and approved development potential in California’s fast-growing wine country.

Why it matters: - Windfall Farms combines celebrity provenance, active vineyard income, equestrian infrastructure and subdivision potential in one Central Coast property. - The sale tests demand for a large-scale wine-country estate in Paso Robles, one of California’s fastest-growing wine regions. - The auction will use no minimum bid, which can sharpen pricing and attract a wider pool of buyers.

What happened: - Concierge Auctions will sell Windfall Farms in Paso Robles, California, in cooperation with Chris Atkinson and Patty Murphy of Sotheby’s International Realty. - The listing price is $33 million. - Bidding is scheduled to open Aug. 5 and close live on Aug. 15 during the RM Sotheby’s stage at Monterey Car Week. - The auction will be Concierge Auctions’ inaugural live real estate auction during the Pebble Beach event. - The estate was previously owned through the early 2000s by Alex Trebek, the longtime host of Jeopardy!.

The details: - Windfall Farms spans 723.92 contiguous acres in the Paso Robles AVA. - The property includes 76 approved buildable lots. - About 387 acres are planted in premium dry red varietals. - Those vineyards are sold under contract to regional wineries and are described as producing positive cash flow under turnkey management. - The estate includes a Kentucky-style 6.5-furlong racetrack with room for a professional polo field. - Four barns support Thoroughbred breeding and training: a training barn, foaling barn, stallion breeding barn and yearling barn. - The primary residence is about 10,000 square feet and is currently used as a hospitality venue. - Two manager’s residences and a three-bay machine shop with 480V three-phase power are on site. - The property has seven wells, including four operating wells and three drilled, bored and cased wells. - Combined water capacity exceeds 7,000 gallons per minute. - The main water line connects all wells, and sub-mains serve each vineyard block. - Huero Huero creek adds another water source. - The estate has 4.5 miles of paved internal roads, 480V three-phase power and nine permitted septic systems. - Limoneira currently manages the property and has offered to continue vineyard and property management under a separate contract after the sale. - An on-site general manager with 17 years of experience is also available to stay with a new owner. - Images of the property are available online, with photography credited to TriMotion Media.

Between the lines: - The property is being marketed as more than a trophy estate; it is also a working agricultural and equestrian business. - The approved lots and utility infrastructure suggest a buyer could pursue a range of end uses, from private ownership to resort or residential development. - Concierge Auctions is leaning on its new Global Wine & Vineyard Division to reach buyers in a niche real estate segment. - The firm recently sold Benessere Vineyards in Napa Valley for $10.15 million after 77 days of auction marketing.

What's next: - Auction marketing continues ahead of the Aug. 5 bidding launch. - The live sale is set for Aug. 15 in Monterey County. - Concierge Auctions says the closing will fund its Key For Key giving program, which helps build new homes for families in need. - More information, property details and diligence documents are available through the company’s announcement and by phone at +1.212.202.2940.

The bottom line: - Windfall Farms is being positioned as a rare mix of celebrity history, operating vineyard income and long-term development upside — and the no-reserve format could make the final price highly competitive.