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The vineyard is located in the municipality of Margaux in the area of the same name in the Médoc(Bordeaux). Its neighbour is the famous Château Margaux. In 1661, the merchant Pierre des Mesures de Rausan (Rauzan) bought a large plot of land from the de Gassies family. This subsequently gave rise to the wine estates Château Desmirail, Château Rauzan-Gassies, Château Rauzan-Ségla and the present Château Marquis-de-Terme. In 1762, it came into the possession of the Marquis de Terme François de Peguilhan through marriage as the dowry of Elizabeth de Ledoulx d'Emplet. During his visit to Bordeaux in May 1787, the then US ambassador to France Thomas Jefferson (1743-1826) paid a visit to the estate.

After a chequered history with many owners, the estate finally came into the possession of wine merchant Pierre Sénéclauze from Marseille in 1935. Today, his three sons Jean, Philippe and Pierre-Louis Sénéclauze run the estate. The estate was awarded fourth place in the Bordeaux classification in 1855 (Quatrième Grand Cru Classé). The vineyards cover 38 hectares in the communes of Margaux and Cantenac and are planted with Cabernet Sauvignon (55%), Merlot (35%), Petit Verdot (7%) and Cabernet Franc (3%). The long-lasting red wine is matured for 18 months in barriques, one third of which are new. The second wine is called "Les Gondats de Marquis de Terme".

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