Yountville's Bardessono Hotel for sale, a true Napa Valley gem

By
Real Estate Agent with Better Homes & Gardens Wine Country Group DRE # 00770113

Bardesssono Hotel, Yountville, Napa ValleyYountville's Bardessono Hotel, Restaurant and Spa in Yountville is for sale. Though not public yet, the listing price for the 62-room luxury hotel property is thought to be between $65 to $75 million. The hotel opened in 2009 on land leased from the Bardessono family of Yountville. The property is adjacent Yountville's Community Center located at 6526  Yount Street. Image from the Bardessono Hotel website, here is a link to their photo gallery.

Built in 2007 for an estimated cost of $46 million, the hotel is said to be in the absolute top tier of income generating hotels in Northern California according to Margaret Clapp. Clapp is one of four managing members of the hotel’s ownership group, Yountville Investors LLC.

Room rates range from $500 to $1,000 a night depending on the day of the week and month with the summer season being the peak. The hotel currently has 150 employees and is a LEED platinum certified establishment.

It is a true trophy property and has some of the most beautiful inner courtyards that I have ever seen at any hotel. One little forgotten tidbit, when it opened the toilets were all the Japanese paperless types which was not a favorite to many of the guests. I can assure the TP is now plentiful.

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If I can help you find the perfect Napa Valley property, please contact me

Your Napa Valley Broker Extraordinaire, selling Real Estate here from its heart, Yountville

My website & blog: www.NapaValleyAddress.com

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Rainmaker
2,589,234
Richie Alan Naggar
people first...then business Ran Right Realty - Riverside, CA
agent & author

Definitely a worthy post to share about a unique situation.......thank you

Feb 02, 2015 11:35 PM #1
Rainmaker
1,294,875
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

Richie thanks and cheers cvc

Feb 02, 2015 11:41 PM #2
Ambassador
1,550,335
John McCormack, CRS
Albuquerque Homes Realty - Albuquerque, NM
Honesty, Integrity, Results, Experienced. HIRE Me!

Yountville's Bardessono Hotel, Restaurant and Spa will make some happy investor quiet happy! 

Feb 03, 2015 01:31 AM #3
Ambassador
3,243,218
Chris Ann Cleland
Long and Foster REALTORS®, Gainesville, VA - Bristow, VA
Associate Broker, Bristow, VA

The Bardessono Hotel in Yountville sounds like such a great place.  Why sell it?  

Feb 03, 2015 01:57 AM #4
Rainmaker
1,434,894
Yolanda Cordova-Gilbert
Richmond, TX

Curtis,

 I had the same question as Chris Ann Cleland , if it is making so much money why sell?

Feb 03, 2015 05:50 AM #5
Rainmaker
2,051,439
Robert Bob Gilbert
Berkshire Hathaway HomeServices Anderson Properties - Katy, TX
Your Katy TX ( West of Houston) Real Estate Expert

Curtis, 

I agree with the ladies. I do not understand why someone would want to sell if its a cash cow. Maybe the selles were forced to sell due to other bad investments? 

Feb 03, 2015 05:58 AM #6
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Norma Toering Broker for Palos Verdes and Beach Cities
Charlemagne International Properties - Rancho Palos Verdes, CA
Palos Verdes Luxury Homes in L.A.

Sounds like a lovely place, and whatever the reason for selling it appears it was a profitable venture for the owners.

Feb 03, 2015 06:38 AM #7
Rainmaker
1,294,875
Curtis Van Carter
Better Homes & Gardens Wine Country Group - Yountville, CA
Your Napa Valley Broker Extraordinaire

I think this being a land lease situation and the hotel market here is on fire, they will get top dollar for this. Hotels are very expensive to maintain and being so new, this is still in great shape. Another 5-10 years an and the owners will have to sink a ton into it to keep it up to get these type of room rates.

cheers and thanks to all for your comments cvc

Feb 04, 2015 12:14 AM #8
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