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The winery is located in the municipality of Margaux in the area of the same name in the Médoc (Haut-Médoc, Bordeaux). Its origins lie in a property owned by the Escoussès family of notaries in the 16th century. In 1697, it was acquired by Simon Malescot, who gave it the first part of its current name. The family sold the estate in 1827 to the Marquis Jean-Baptiste de Saint-Exupéry (the great-grandfather of the writer Antoine de Saint-Exupéry), who merged it with the "Loyac" wine estate and added the second part of the name to the estate name. When Château Dubignon was closed down, some of these vineyards were added to the estate. Between 1880 and 1955, five owners were ruined by disasters such as phylloxera and mildew as well as two world wars. Only seven hectares of vineyards remained of the totally run-down estate.

The estate was finally acquired by Paul Zuger and his son Roger in 1955. Extensive renovations were carried out in the cellar and new vineyards were planted. Until 1979, the estate was run jointly with Château Marquis d'Alesme-Becker, which also belonged to the Zuger family. In the meantime, the well-known oenologist Michel Rolland (*1947) was also engaged as a consultant. Today, Château Malescot Saint-Exupéry is managed by Jean-Luc Zuger. It was awarded third place in the 1855 Bordeaux classification(Troisième Grand Cru Classé). The vineyards cover 24 hectares of vines with Cabernet Sauvignon (50%), Merlot (35%), Cabernet Franc (10%) and Petit Verdot (5%). The long-lasting red wine is matured for 14 to 16 months in barriques, 80% of which are new. The second wine is called "La Dame de Malescot".

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