The Residences at Calistoga Ranch Sell Out Of All Fractions Napa Valley's Premier Private Residence Club Announces That Every Fractional Interest Has Been Sold
CALISTOGA, Calif., Feb. 28, 2013 /PRNewswire/ -- Recently named again to Conde Nast Traveler's coveted "Gold List" and Travel + Leisure's "Top 500 Hotels in the World," Calistoga Ranch, an Auberge Resort developed by Olympus Real Estate Partners, today reported that all remaining interests in its Private Residence Club at the Napa Valley property have been sold. The last remaining fractional interest closed on February 27, 2013.
"We are proud to have enjoyed a pace of sales that has been consistently strong at Calistoga Ranch since opening," said Joshua Dempsey, Director of Sales at The Residences at Calistoga Ranch. "Our buyers have sought a quality residence that offers not just ownership in Napa Valley, but also a lifestyle connected to the people, the land and the culture that make Napa Valley so alluring and thoroughly rewarding."
Owners of the Private Residence Club at Calistoga Ranch enjoy the spacious accommodations of a private home thoroughly embraced by unspoiled natural surroundings and enhanced with the services and the amenities of an award-winning luxury resort. Each two-bedroom Lodge offers nearly 2,500 square feet of indoor-outdoor living space, including a master suite with bath that opens to an outdoor shower garden, indoor and outdoor living rooms and a gourmet kitchen with wine storage.
"The limitations on development in Wine Country, coupled with high prices for a hotel room in the region, have made buying into Calistoga Ranch a very appealing option for those who love Napa Valley," said David Deniger, chairman of Olympus Real Estate Partners, developer of Calistoga Ranch. "The resort and residences are completely debt-free, providing enormous comfort to our owners. That, coupled with management by Auberge Resorts, visionary architecture and a majestic setting made private residence club ownership at Calistoga Ranch an extremely attractive offering."
Calistoga Ranch is situated in a private canyon on 157 wooded acres with a private lakefront restaurant, swimming pool, fitness center, private-label vineyard, miles of hiking trails, a wine cave and the thermal spring-fed Bathhouse spa. The resort's innovative design, combined with its rich program of events and activities, distinguishes it from other real estate ownership opportunities.
For more information about The Residences at Calistoga Ranch, call 800-411-1003 or visit www.calistogaranchliving.com.
About Calistoga Ranch
Consistently named among the top resorts in world, Calistoga Ranch is located in a private canyon on 157 acres in the heart of the Napa Valley. Consisting of both Hotel and Residential lodges all managed by Auberge Resorts, the property features an award-winning spa, lake-side restaurant, on-site vineyard and wine cave, miles of hiking trails and an organic garden tended by resident bees. For more information about Calistoga Ranch, please visit www.calistogaranch.com or www.calistogaranchliving.com.
About Olympus Real Estate Partners
Olympus Real Estate Partners is the developer of Calistoga Ranch and is a leading private investment firm, with more than $5 billion in U.S. real estate holdings since its inception in 1994. Investments have included hotels, golf courses, commercial and residential developments including The Preserve in Carmel, California and the Roaring Fork Club in Colorado. Olympus Real Estate Partners has made investments on behalf some of the largest U.S. public and private pension funds, as well as endowments, foundations, corporations and financial institutions.
About Auberge Resorts
Auberge Resorts is a collection of exceptional hotels, resorts and private clubs, each with a unique personality that assures a memorable guest experience. While Auberge Resorts nurtures the individuality of each establishment, all are characterized by a set of communal elements: intimate, understated elegance; captivating locations that inspire exceptional cuisine and spa experiences; and gracious yet unobtrusive service. Among the Auberge collection of distinctive properties are: Auberge du Soleil, Napa Valley, Calif.; Calistoga Ranch, Napa Valley, Calif.; Solage Calistoga, Napa Valley, Calif.; Esperanza, Cabo San Lucas, Mexico; The Inn at Palmetto Bluff, Bluffton, S.C.; Hotel Jerome, Aspen, Colo.; Pronghorn Golf Club & Resort, Bend, Ore.; Auberge Residences at Element 52, Telluride, Colo.; and the Malliouhana Hotel & Spa on the Island of Anguilla, British West Indies, with several others currently in development. For more information about Auberge Resorts, please visit www.aubergeresorts.com. Follow Auberge Resorts on Facebook at facebook.com/AubergeResorts and on Twitter at @AubergeResorts.
SOURCE Calistoga Ranch