Yountville's Vintage Estate sells for $148 million, possibly Napa Valley's highest real estate price
By Curtis Van Carter, Your Napa Valley Broker Extraordinaire
(Better Homes & Gardens Wine Country Group)
Yountville's Vintage Estate, Napa Valley's premier hotel, restaurant and shopping site has sold for $148 million. The property was bought on April 26th by Thayer Lodging, Brookfield Hotel Properties of Maryland. The new owners will keep the Vintage Estate name and it will remain open and fully operational throughout the transition. Owned by the Egan, Ghilotti and Sandbach families, the property is situated on 22 acres in the heart of Yountville and includes the Villagio Inn & Spa; the Vintage Inn;, the V Marketplace shops, Michael Chiarello’s Bottega and Napa Style and the Vintage Wedding Facility called the Pavilion. If you ask me the new buyers got one heck of a deal. I truly felt the price would have been $100 million higher given recent hotel sales with prices of more than $1 ...