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Condo Hotel Center: Property
Alert
September
30, 2005
CALISTOGA RANCH
- NAPA VALLEY VACATION HOMES
Fractional Ownership
Opportunity
 Hello,
it's Henry Perfilio from Condo Hotel Center, and I
have an interesting fractional to tell you about today
While fractionals are a small but
growing part of our business, they are the hottest
trend in second home ownership. The industry has gone
from $500 million in sales to $1.5 billion in just
the last 36 months.
The public has recognized this product
as "the answer" to luxury vacation ownership - owning
a piece of a multi-million dollar home in the most
desirable locations in the world complete with five-star
amenities and services, good appreciation potential,
and no maintenance responsibilities.
Until now, Condo Hotel Center's primary
focus has been, as its name suggests, condo hotels.
However, fractionals, also called private residence
clubs, have exploded so strongly onto the scene that
we now want to make these investment and "lifestyle"
opportunities available to you as well.
For those people who wish to use their
second home no more than a couple weeks or months
of the year, fractionals are an ideal alternative
to a conventional home purchase. A professional company
handles all the maintenance and upkeep issues, and
because you're essentially sharing ownership with
others, the price is a fraction of the total cost
of the home.
Now, to have the opportunity to offer
a "lifestyle" built around the whole wine
experience is a dream come true. So join me today
on a trip to California's wine country.
Napa Valley, the heart of California's
wine country, provides an inviting setting for Calistoga
Ranch vacation homes.
CALISTOGA
RANCH
Calistoga Ranch is located in prestigious upper Napa
Valley, California, just 90 minutes from the San Francisco
Bay Area. Stately oaks, Cabernet vineyards, rushing
streams and historic Lake Lommel grace its 157 acres.
The small five-star resort has been designed with
the feel of a vintner's sprawling estate.
In keeping with the rich heritage
of the Napa Valley, Calistoga Ranch is a place where
you can experience the wine country lifestyle, a culture
of fine wine, world-class cuisine, beautiful natural
surroundings and close friends.
Opened in May 2004, the resort features
47 guest lodges rented on a nightly basis from $450
to $1,025. But now visitors have an opportunity to
become more than an occasional guest. They can have
partial ownership in a home in Calistoga Ranch through
its private residence club.
Membership in the club ensures a minimum
of 14 days use per year at any of the Ranch's 27 elegant
Owner Lodges. You can pre-reserve two one-week stays
at the beginning of each year, plus take advantage
of an unlimited number of additional weeks on a space-available
basis.
Each home is only sold to 10 owners so that after
all owners reserve their 14 guaranteed days, another
225 days of the year are available for spontaneous
use. Come as often as you want and stay as long as
you want, subject to the Club rules for making reservations.
THE OWNER LODGES
At Calistoga Ranch, the Owner Lodges are sprinkled
throughout the hillside and forested canyons. They
are a collection of luxurious bungalows connected
by a series of decks, trellised walkways and expansive
outdoor living areas. They consist of 2,400 sq. ft.
with two bedrooms and two baths and are lavishly furnished.
The Owner Lodges are luxurious bungalows
with expansive decks, trellised walkways and outdoor
living areas.
The master bedroom features
a bath that opens to an outdoor shower and garden.
There is an expansive gourmet kitchen with wine storage,
an indoor living room and an outdoor living room,
complete with outdoor fireplace.
Elegantly furnished, each home features
a fireplace and spacious indoor and outdoor living
rooms.
The placement of each lodge is unique,
depending on the varied topography of each site. Some
lodges appear to float over streams, while others
are protected under a canopy of native oak trees,
and some are elevated high into stands of pines.
THE LAKEHOUSE
Part of the charm of Calistoga Ranch is its award-winning
restaurant. The Lakehouse offers gourmet American
cuisine that embraces organic ingredients from the
farms in Napa Valley and Northern California, and
pairs them with varied wines of local vintners as
well as the best of France, Italy and the rest of
the world.
 
The Lakehouse restaurant is known for
its gourmet fare as well as its extensive wine list.
Whether you choose to dine indoors
or outdoors on the terrace, The Lakehouse offers spectacular
views of the quiet woodlands and lake. Its open-beam
ceilings and canopy of amber lights make it an intimate
and relaxing setting. Since only members, their invited
guests, and hotel patrons are ever permitted on the
Lakehouse guest list, the mood here pleases the most
private of individuals.
If you prefer to stay in, home catering
is offered. You may also arrange to have a chef come
to your lodge to create a romantic dinner or lavish
party, or to host a personal culinary lesson for you
and your friends.
SHARING IN THE VINTNER'S
ART
One of the finest amenities that sets Calistoga Ranch
apart from other resorts is the on-site private vineyard.
You can take informative tours of the vineyard and
wine-related facilities.
But perhaps the most rewarding experience
is to become fully immersed in the wine culture by
playing viticulturist for a day. You can learn the
art of pruning, harvesting, crushing, bottling and
corking select wines from Nils and Kirk Venge, the
creators of the exclusive private label of Calistoga
Ranch.
The Calistoga Ranch wine cave provides
the perfect setting for wine tastings and wine pairing
dinners.
An on-site wine cave
hidden in the hillside features a tasting room and
is ideal for wine pairing dinners. You'll have access
to personal wine lockers where you can store your
favorite vintages.
Designed to allow owners
to experience Napa as privileged insiders, Calistoga
Ranch has a Vintner Program. It features a series
of social events in which the most reputable names
of the local wine industry come to the resort to mingle,
hold wine tastings and talk about the year's harvest.
Calistoga Ranch boasts 26 vintner partners who participate,
including the famed Robert Mondovi and the highly
sought-after Grace Family.
The Vintner Program is a series of
on-site social events hosted by the biggest names
in the local wine industry.
THE BATHHOUSE SPA
& FITNESS CENTER
 Calistoga
is a natural home of thermal waters and mud baths.
Nestled among majestic oaks, the Bathhouse Spa brings
back to life the historic Calistoga tradition of "taking
the waters."
The Bathhouse offers a full complement
of wellness services from all types of massage treatments
to water therapy in natural spring-fed mineral pools
to yoga and tai chi classes held in a variety of tranquil
settings.
An open-air fitness facility includes
a selection of the latest cardiovascular and strength
training equipment and allows you to take full advantage
of the rejuvenating setting, looking out over peaceful
Lake Lommel.
SWIMMING
Everywhere at Calistoga, you are treated to outstanding
views of the Napa Valley and a nearby lake. The heated
outdoor pool and sundeck feature dramatic views of
the vineyard, oak groves and Mayacama Mountains. A
poolside menu affords the opportunity to enjoy refreshments
while you sunbathe.
The pool at Calistoga Ranch overlooks
the oak groves and Mayacama Mountains.
CONCIERGE SERVICES
& SPECIAL EVENTS:
The
on-site concierge at Calistoga Ranch takes care of
all details to ensure that you have the quintessential
Napa Valley experience whenever you visit. He will
have your home ready for you when you arrive right
down to the fireplace blazing, soft music playing
and the refrigerator fully stocked with your favorite
foods. "Over the top" personal service is the trademark
of a private residence club.
Whether it's
dinner reservations at some of the most
exclusive local restaurants, special access to boutique
wineries not open to the general public, a gourmet
picnic, a hot-air balloon ride or a day of golf at
a nearby course, the concierge can handle all arrangements.
In addition, when you're at Calistoga
Ranch, there is always an assortment of fascinating
events that you can attend. As an example, here are
some of the exciting activities planned for October.
- October 9, 2005. San Francisco
Opera, Ferrari & Maserati - Ride and drive event
with dinner in the Calistoga Ranch wine cave and
a performance by two opera singers
- October 20, 2005. Napa Valley's
Finest - Winemaker's dinner at the Lakehouse restaurant
featuring Chef Robert Leva & Rudd Estate wines
- October 22, 2005 - Pool Terrace
Oktoberfest - Enjoy German food and German tradition
with Calistoga Ranch.
THE AREA
Calistoga Ranch is neighbored by more than 200 wineries.
A favorite activity is taking a hot air balloon tour
over the area. Owners can also enjoy horseback riding
in the surrounding countryside and scouting for wildlife
in the adjacent woodlands. Over 140 acres of land
at Calistoga Ranch are dedicated to active pursuits
with guided hikes available.
The nearby towns of St. Helena, Calistoga
and Yountville are replete with charming restaurants,
art galleries, antique shops and specialty boutiques.
EXCHANGE PRIVILEGES
Calistoga Ranch is an Auberge Resort and therefore
offers its members exchange privileges at another
one of its first-class resorts.
Owners of Calistoga Ranch have
exchange privileges at Esperanza Resort in beautiful
Cabo San Lucas, Mexico.
Esperanza Resort is a luxury resort
and spa in Cabo San Lucas, Mexico, located on the
water at the tip of the Baja Peninsula. It features
a private beach and oceanfront pool. Activities range
from championship golf to sport fishing, world-class
shopping, scuba diving and relaxing bay cruises.
Esperanza Resort features luxurious
accommodations, oceanside pools, a full-service spa,
and an acclaimed restaurant.
THE
CLUB CONCEPT
The
Owner Lodges at Calistoga Ranch are owned by you and
your fellow owner/members, and operated exclusively
for your enjoyment. Membership operates much like
that of an equity golf country club. However, instead
of tee times, you reserve one of the resort's elegant
Owner Lodges.
Members are not limited to the amount
of time they can stay at Calistoga Ranch. If a home
is available, then you can use it as often and as
long as you like. There is no maximum amount of time
that limits your stay, and there is no nightly cost
no matter how often you visit.
You are not limited to a specific
home. All owners have equal access to all homes, which
helps to ensure that you will be able to visit practically
whenever you want. You can reserve a lodge well in
advance, or on a short-notice basis. Flexibility of
use is one of the key benefits.
You can sell your membership at any
time if you so desire. It is treated like any other
type of real estate investment. Best of all, your
ownership is carefree; the club handles all upkeep
and maintenance of the Owner Lodges.
Residence clubs represent
a hassle-free way to enjoy second-home ownership in
a spectacular location.
Sophisticated buyers have enthusiastically
embraced this real estate concept in desirable locations
ranging from Manhattan, New York to Aspen and Vail,
Colorado to various beachfront and island resorts.
Representing a new way to enjoy second-home
ownership, residence clubs feature highly desirable
locations, luxurious residences, lavish services and
five-star amenities with none of the hassles of conventional
ownership.
PRICING & AVAILABILITY
At Calistoga Ranch, there will be 27 Owner Lodges
in all with a maximum of 10 memberships each for a
total of 270 memberships. There are currently six
Owner Lodges built, another nine under construction,
and twelve that will be built in the future.
Calistoga Ranch only sells memberships
as the homes are built. Therefore, available now are
memberships in the First Offering. A total of only
eight remain! They have been selling with lightning
speed. The developer expects these eight memberships
to be gone within the next 30 days, considering the
rapid pace of sales thus far. After these eight are
sold, no new memberships will be available until the
next phase of Owner Lodges has been built.
The current price for membership is
$425,000 with annual fees at $10,109 per year. Prices
for the Second Offering are expected to be in the
$450,000 range. Projected prices at sell-out will
be approximately $500,000. Demand for this product
is high and should bode well for resale and overall
appreciation.
As an additional perk for Condo Hotel
Center clients, the developer is offering an incentive
on the last eight memberships in this First Offering.
Buyers will receive a $10,000 credit good for any
of the amenities at the resort, spa and restaurant.
To qualify for the credit, the contract must be closed
by Dec. 31, 2005.
 
The resort is also offering
a 100% refundable deposit policy. Therefore, a $10,000
deposit will hold your unit for 45 days if you want
to come view the property.
DATA SHEET ON CALISTOGA
RANCH AVAILABLE
Having been in the restaurant business for so many
years, the idea of a "wine resort" is incredibly appealing
to me personally and I know it will be a once-in-a-lifetime
opportunity to my fellow wine aficionados (and those
who have always wanted to know more about wine).
Furthermore, the luxury of a multi-million
dollar home with none of the second-home maintenance
issues, inclusive of five-star services and amenities,
total flexibility of scheduling, appreciation potential
and the chance to pursue your physical and intellectual
interests all combined make this an incredible vacation
home opportunity.
I've put together a very detailed
data sheet on this property. It has LOTS of additional
information. (I really did my homework on this one!)
To receive it, in accordance with
the developer's requirements, we ask that you provide
your name and contact information. Please understand
that if you request this data sheet, you will be registered
with Calistoga Ranch as a client of Condo Hotel Center,
a licensed real estate broker.
Request
the Calistoga Ranch Data Sheet here.
WRAP-UP
This is my first fractional offering. In the coming
months, I hope to bring you many more opportunities
to buy into this lifestyle product -- the private
residence club. It's exhilarating for me to be at
the forefront of such an exciting trend in luxury
vacation ownership, and I look foward to sharing with
you the information I gather on new properties.
Most of these resorts are exclusive,
small and intimate. Often they are sold out before
most people learn that they even exist. It is my objective
to make sure that the clients of Condo Hotel Center
are among the first to hear about these investments.
Thank you for welcoming me to Condo
Hotel Center.
Henry Perfilio
Licensed Real
Estate Agent
Condo Hotel Center
A Division of Sheldon Greene & Associates, Inc.
(843) 685-9281
Henry@CondoHotelCenter.com
www.CondoHotelCenter.com
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