The biggest change in land use in this region came in the 1980s when planting grapes for wine production began. The cool wet climate is well suited to grape growing and planting has expanded such that Lenswood is now a recognised sub-region of the Adelaide Hills Wine Region and the name Lenswood was entered on the Register of Protected Names in 1998. Pioneers of this industry were Tim Knapstein from Clare who purchased at the top of Cold Store Road in 1981. He was quickly followed by Prue and Stephen Henschke of Eden Valley, again on Cold Store Road in 1981 and Geoff Weaver planted on Stafford Road in 1985. The grapes from this region quickly established a strong reputation for high altitude cold climate wines.
There are a number of winery Cellar Doors located in Lenswood. Each offers wine tastings, excellent food and cellar door sales. They also offer entertainment and special occasions catering.