Westin Verasa Napa Residences

The Westin Verasa Napa Residences is Napa's first four-star condo-hotel. A highly sought after whole ownership real estate opportunity – starting from the 400's. Discover the services and amenities of a four-star hotel with the benefits of whole ownership real estate. Get involved early in the Priority Reservation Program to ensure your status as a Preferred Purchaser.

Discovery Kits are now available and include typical floor plans, price ranges per suite type and renderings of interior suite design. November is going to be a very busy month with a lot of information being given out so that you have a crystal clear understanding of the real estate offering

- Timelines:  At contract the end of the month 10% down will be due, then 5% 180 days following the sales event, followed by 5% in February 2008 and the balance at completion in Winter ’08 when the hotel opens.

- Starting price: Suites will range from studio's (starting in the mid $400,000) to one bedrooms (starting in the $600,000) to two bedroom suites (starting at $1,000,000).

- Condo Hotel: This is a true condo hotel: 100% full ownership, fee simple real estate with a world class hotel operator (Intrawest Hospitality Management) who can rent your suite out when you don't use it if you would like. The suites are intended for short term use by yourself or guests of the hotel that rent from our owners. Rental Details can legally be discussed with our rental management team at the time of doing a reservation deposit (I can’t legally speak to them as a real estate professional).

We are, undoubtedly, Napa Valley’s hottest project. We released 100 suites in December and sold all 100 in 5 hours – we broke Napa real estate records. We are now going back to the market with the remaining suites in a series of small releases. Ultimately, a record breaking project like ours is totally unique and differentiated from the competition:

1. Location, location, location: Our location is without a doubt, second to none in Napa

- Oxbow Market- 40,000sf marketplace comprised of food and wine vendors, cafes, and local artisanal producers.  Open style market designed by SF architects Baldauf, Catton, and Von Eckartsberg who designed the Ferry building.  Includes Taylor’s Automatic Refresher (burgers), wine merchant, cheese merchant, chocolates, etc.  http://www.oxbowmarket.com/

- 23 Zagat rated restaurants which include N.V., Celadon, Cole’s Chop House, Pilar, Zu Zu’s, Angele, Bounty Hunter, Julia’s Kitchen. http://www.zagat.com/

- COPIA- American Center for Wine, Food & the Arts.  Wine tasting classes, culinary programs, art celebrating food and wine, edible gardens.  http://www.copia.org

2. The Experience will be unlike anything else in Napa Valley: The Westin Verasa Napa will offer a degree of service that symbolizes the elegant yet relaxed lifestyle of the Napa Valley. Each owner will have access to a dedicated Owner Experience Manager and the hotel concierge who will help owners make the most of their stay in the wine country. Each luxury suite comes fully furnished and decked out to the nines with Heavenly beds and fixtures…it’s a totally turn key ownership experience.

3. The hotel market and future of Napa: The Westin Verasa Napa Residences will be the city’s first branded four-star condo-hotel. It will also provide the best meeting and convention space in Napa. Located just minutes stroll to the heart of a growing and rejuvenated downtown Napa, and at the gateway to Napa Valley. Napa Valley is visited by as many as five million people per year making it the second most popular tourist destination in California.