2014 Temecula Balloon and Wine Festival May 25, 2014August 7, 2015 This years Temecula Balloon and Wine Festival is May 30, 31, and June 1st. Located at Lake Skinner in the heart of Temecula Valley wine country. Come out and have a good time. For ticket information click here. To see my pictures from previous festivals click here. For wine country pics click here.