Kransfontein was established in 1833. The farm making up Kransfontein Estate were originally the farms Birdsong, Muffets and Milkwood. These farms were collected by the internationally acclaimed novelist Wilbur Smith over many years. Many of his earliest novels were written on the Estate. In 2000 the farms were purchased by the current owner. He enlarged the property by adding the farm Drie Heuwels to it in 2004. On these four farms, collectively known as Kransfontein, the olive trees were planted that produce the nationally acclaimed olive oil.
Riethuiskraal (across the river from Kransfontein) was also previously owned by Wilbur Smith and purchased by the present owner. This is where the stud was established.