The vineyard was established by Rick Kinzbrunner, a mechanical engineer who became interested in wine in the early 1970s and spent the next ten years traveling to winegrowing areas overseas, learning as much as possible. After a brief stint in New Zealand, he studied at the University of California at Davis and worked at some of the most respected wineries in the Napa and Sonoma Valleys, namely Stag's Leap, Simi and Matanzas Creek. In Europe he worked a "stage" with the Moueix group, co-owner of the fabled Chateau Petrus.
After returning to Australia in 1980 to take up a position as assistant winemaker at Brown Brothers Milawa, he purchased land near the old Everton Hills Vineyard, and in 1982 commenced planting the classic varieties Chardonnay, Cabernet Sauvignon, Merlot, Cabernet Franc, and a small amount of Pinot Noir which was followed in 1986 by another acre. In the last five years, further plantings of Pinot Noir and Chardonnay have occurred, with a small amount of Roussanne.
The winery overlooks the vineyard and is constructed of local granite blocks and hand-made bricks. The wines are hand-crafted; in the case of the Chardonnay and Pinot Noir using traditional Burgundian methods, and the Cabernet, Merlot and Cabernet Franc according to classical Bordeaux techniques including long maceration. Only top quality French oak is employed.
The first release of Giaconda wines was in 1987 with the 1986 Chardonnay and the 1985 Cabernet blend. The wines have been keenly received by winemakers, retailers and enthusiasts alike. The wine press has accorded them many accolades and placed them at or near the top in a number of masked tastings.