Charles Shaw Former Estate Auctioned for $9M

That was just a sliver of the $32 million the owner asked (and didn't get) two years ago.

Benessere Vineyards had been the home of Charles Shaw and his famous "Two-Buck Chuck" wine sold at Trader Joe's. The property includes a working winery, tasting room and two residences.

John and Ellen Benish. who own the largest school bus transportation company in the Chicago area, acquired the land in 1994 and launched Benessere Vineyards. It was sold by Benish's five children. The buyer isn't known.

"Our parents bought this home and created a family legacy. My siblings and I have cherished every visit, every pour and every memory made,” said John Benish, who is selling the home along with his four siblings, in a statement, according to the Business Times. “Now, with our own grown children and all of us living around the country, it’s time for a new family to make their mark.”

Charles Shaw sold the propery in 1991 as bankruptcy and divorce look. In 1995, Fred Franzia, owner of Bronco Wine Co., bought the Charles Shaw label and began mass producing wine to be sold through Trader Joe's at $1.99 a bottle, hence the 'Two-Buck Chuck" moniker.