In a previous example of how investors are spending millions of dollars to develop Calistoga resorts, I posted a previous blog discussing how the Rosewood Hotel Group’s Calistoga Hills Resort set a national record by selling for nearly $80 million. Now, the luxury hotelier Four Seasons has broken ground on a new luxury resort, also in Calistoga.
Developed by partners Bald Mountain Development, Alcion Ventures, and the city of Calistoga, the yet to be named resort will have an 85-room hotel and spa, restaurant, a 10,000-case winery, a six-acre vineyard and 20 freestanding homes. It is likely to open in 2018.
These are just two of three major resort projects approved in Calistoga in recent years. Shortly after the Four Seasons Hotel was passed, council members approved the 110-room Calistoga Hills Resort set to be built on a hill on the other side of town. That resort has yet to break ground.
Meantime, in 2014, Indian Springs Resort, located in the middle of town, more than tripled its number of rooms at the historic property and opened a restaurant. The Indian Springs $23 million expansion is one more milestone in the efforts of Calistoga’s civic and business leaders to bring in more visitors willing to pay $300 to $1,200 a night in a town where Wine Country and spa culture intermingle.
“The resorts really represent long-term security and some degree of peace of mind,” said Michael Dunsford, a council member and owner with his mother Rosie Dunsford of the Calistoga Inn. As a business owner, he said, the extra bed taxes and visitors will provide “some confidence that our local economy is going to remain strong looking forward.”
If the news of investors spending millions to develop Calistoga resorts has you thinking of moving to this thriving area of Napa Valley, I hope you will consider contacting me at 707-738-4820 or via email at [email protected]. I would welcome the opportunity to share my insider information on extraordinary offerings like this incredibly beautiful 24+/- acre estate is located in the western hills of Calistoga. I’m looking forward to discussing your needs!
