Today Paringa Estate is one of the jewels of Victoria's Mornington Peninsula wine region, consistently making some of the nation's leading examples of Pinot Noir, Shiraz and Chardonnay. Paringa Estate was named 'Winery Of The Year' by James Halliday in his Australian Wine Companion 2007 Edition.
The current Paringa Estate winery was built in 1998, and houses an outstanding a la carte restaurant on the upper level. Paringa Estate owned/leased 55 acres (22 ha.) of vines and processed 220 tonnes of fruit which produced 16,000 cases of wine.