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Byline: Brian Byrnes
Any host can pour a great vintage at a dinner party. But how many can say, "Try this 2007 Cabernet-Syrah blend from my private estate in Argentina"? A growing number of dabblers are buying pieces of vineyards and making their own wines. Private Vineyard Estates, a 265-hectare project in Mendoza's Uco Valley, allows wannabe winemakers to fulfill their dreams by capitalizing on the region's low-cost, high-quality production infrastructure. "The response has been phenomenal," says Michael Evans, a former U.S. tech executive who founded the company in 2006. "You can create better-tasting and better-priced wines in Argentina than in any part of the world."
For $145,000 per hectare--a bargain compared with the $720,000-per-hectare starting price in Napa--an amateur vintner can choose the grapes, ...