Details on page 3
AUCTION NAPA VALLEY JUN
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SPECIAL EDITION
N TATEEE TAT NA APA PA VA VALLLLEE YY RRREEEAAALLL EEESSSTAT
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June 2018 – 1
Exquisite Setting Hillside 2.6 acre jewel-like setting with all the tranquility that hundreds of acres would offer and yet just seconds from main street St. Helena. Gated drive with 3,682 square foot, 4 bedroom/4.5 bath home with French doors, private balconies and expansive decks that take in the panoramic views over the hills and vineyards. Relax by the pool and take it all in. It feels like you’re on vacation every day!
Offered at $2,195,000
Timeless Design The gracious entry welcomes you to this lovely traditional style home with formal living and dining rooms off the entry then leading to the great room/ island kitchen for informal gatherings. The natural stone fireplace and warm wood floors invite you and you and your guests to relax and enjoy life in the wine country. Master suite is on the main level along with one of the guest rooms. The upper level has an amazing bonus room suitable for a media room, rec room or additional guest rooms in addition to the two existing bedrooms and full bath.
Offered at $1,295,000
Carolyn Roberts BROKER/OWNER 707-258-5248 (Dir) 707-953-1798 (Cel) croberts99@aol.com www.CarolynRoberts.com N A P A • S T . H E L E N A
cbnapavalley.com
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PR CO O VE PE R RT Y
akville - Napa Valley
Villa Mille Rose, an Italianate Villa with unmatched architectural authenticity, striking landscaping design & bountiful organic harvests-truly one of the most extraordinary estates to become available in Napa Valley in this decade. Sited in Oakville; consists of 2 legal parcels. Main villa, 4 additional dwellings, 2 barns, 6.5 acres of ultra premium Oakville AVA vineyard, Italian style gardens, 100 fruit trees & a 2-acre Gold Medal olive orchard.
www.7900oakville.com
$26,500,000
Yvonne Rich BRE01045780
(707)968-9888 yvonne@fabulousnapavalley.com
fabulousnapavalley.com
YVONNE RICH
Exclusive Estates
J
USLYN VINEYARDS
A rare opportunity to acquire the established, highly rated and award winning Juslyn Vineyards in Napa Valley. The owner has developed a reputation for ultra-premium quality wines and built a brand receiving 30 scores in the 90+ point wines over 16 years. A chance to jump into the Napa Valley wine industry at the top tier and produce world-class cult wines. The Juslyn Vineyards is sourced from premier Spring Mountain vineyards of the Napa Valley. Spring Mountain AVA’s unique soil and microclimate enables the production of wines with intense fruit varietal characteristics and complex mountain tannins that differentiate them from the wines of other appellations in the premium wine-producing world. The offering includes vineyard sourcing from premier Spring Mountain vineyards, Juslyn wine brands and wine inventory. Passing the torch! A legacy to be continued........ Please see vineyard sourcing: www.2900SpringMountain.com
www.JuslynWine.com
$19,800,000
Yvonne Rich BRE01045780
(707)968-9888 yvonne@fabulousnapavalley.com
fabulousnapavalley.com
YVONNE RICH
Exclusive Estates
G rand Napa Valley Estate Main Residence
This palatial Mediterranean estate is situated approx. 40 acres with panoramic views overlooking Napa Valley. A rare opportunity to acquire a grand Napa Valley estate with prime hillside mountain Cabernet Sauvignon vineyards – produces ultra-premium award-winning wines. While ranking as one of the largest private residences in Napa Valley, it is also an intimate and family friendly home, and a floor plan that maintains privacy for all. Approx. 9,600 sq. ft., voluminous grand- scale formal rooms with soaring-ceilings, 7 fireplaces, library, office, music room, gymnasium, wine cellar, wine tasting room, and splendid chef’s kitchen for grand Napa Valley entertaining. A resort like grounds offering a perfect setting for an outdoor soiree, 80 ft pool & spacious poolside terraces, immaculate lawns & rose gardens, orchards, stone terraced vegetable gardens, outdoor guest casita, outdoor kitchen & pizza oven and helicopter pad add to the allure of this luxury Napa Valley vineyard estate. The vineyard will be leased to Juslyn Vineyard. Please see Juslyn Vineyards: www.JuslynWine.com
www.2900SpringMountain.com
$18,800,000
Yvonne Rich BRE01045780
(707)968-9888 yvonne@fabulousnapavalley.com
fabulousnapavalley.com
YVONNE RICH
Exclusive Estates
In this Issue
In this issue
34
58
40
15
Calistoga Map
18
Floor cleaning 101
20
Choosing windows and doors
24
St. Helena Map
26
Are mandatory solar panels in California’s future?
28
Funding home improvements
29
Yountville Map
34
Auction time again!
36
Napa Map
40
Credit tips for buying an investment property
54
Napa Valley real estate trends in April 2018
58
5 questions to ask when shopping for a mortgage
62
Housing affordability: A mixed message
Auction Napa Valley is the high point of summer RO D O L F O S C H WA N Z
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here are a lot of amazing parties and auctions going on in the Napa Valley, all supporting good causes, great and small. But one event stands above them all: Auction Napa Valley. Now in its 38th year, the auction has grown from a small charity event to a world-renowned celebration of wine and the good life, all for a great cause. Auction Napa Valley is an amazing combination of the
landscape, food, wine and people of the Napa Valley. This year, the Napa Valley Vintners and the honRODOLFO orary event chairs SCHWANZ — The Mondavi Sisters of the Peter Mondavi Sr. Family — continue the tradition of supporting community health and children’s education nonprofits by inviting wine lovers and
collectors to enjoy the bounty of this region and bid on Live Lots, Barrel Lots and E-Auction Lots. The efforts of the valley’s vintners, volunteers and visitors have resulted in more than $180 million being invested in Napa County nonprofits and communities over the life of the event. The support structure the auction has created not only benefits for local nonprofits, it strengthens all of us. We look forward to seeing
the success of the 2018 edition of Auction Napa Valley; Here’s to another banner year for our valley! For more on Auction Napa Valley and Napa Valley real estate, please enjoy this Wine Auction edition of Distinctive Properties and visit NapaValleyRegister.com. Rodolfo Schwanz is digital and print classified advertising director for Napa Valley Publishing.
To advertise in Distinctive Properties or any Napa Valley Publishing outlet, contact Randy Dowis at RDowis@napanews.com. 6 — Distinctive Properties
LEGEND
Villa Mille Rose 14
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1 Main Villa 2 Guest House 3 Caretaker Apt. 4 Second Dwelling 5 Guest Apt. 6 Equipment Barn 7 Large Barn 8 Storage Barn 1 9 Storage Barn 2 10 Organic Garden 11 Fruit Orchard 12 Olive Orchard 13 Pool & Cabana 14 North Vineyard 15 West Vineyard
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akville - Napa Valley
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www.7900oakville.com
Villa Mille Rose, an authentic Italianate Villa designed by renowned architect Dante Bini with unmatched architectural authenticity, striking landscape design and bountiful organic harvests - truly one of the most extraordinary estates to become available in Napa Valley in this decade. The private and secluded villa is sited in Oakville, Napa Valley with 360-degree views of vineyards and mountains; consists of 2 separate legal parcels totaling 19+ acres with four legal kitchens. Main villa, separate guest house, caretaker home, 6.5 acres of state-of-the-art ultra-premium Oakville AVA Bordeaux varietal vineyard newly planted in 2015, Italian style gardens, organic vegetable gardens and rose gardens on approx. 15 acres and two additional dwellings, 2 barns, 100 fruit trees and a 2-acre Gold Medal olive orchard on a 4+ acre parcel. Extraordinary 310 GPM well. Elegance unfolds in this authentic Tuscan style salon designed for grand-scale entertaining with two dramatic wood burning fireplaces and seating areas, one at each end, spacious formal dining, library, exquisite master suite, spacious dressing room, exercise room, and two guest powder rooms. The enormous kitchen design is taken from the Frescobaldi estate in Tuscany and has a sitting area with a Tuscan fireplace and authentic Tuscan oven with plenty of wood space. Interior decorated by Steven Volpe in collaboration with the owner to create an ultimate Napa Valley dream estate. Truly unique and beautiful design of the loggia, pergola, swimming pool, beautiful stone bridge, and walkway. The Italian style gardens with sculpted boxwood hedges, a wisteria covered pergola, potted sculpted rosemary and white/pink oleander intermixed with 100-year-old olive trees, tall majestic cypresses and approx. 500 rose bushes in a variety of colors that blend with different shades of green and the pale eggshell stucco of the villa. Villa Mille Rose represents the owner’s insistence on perfection for beautiful surroundings and the romantic feel of Tuscany.
fabulousnapavalley.com
P
RISTINE ST. HELENA HOME
This shingle Craftsman Style home is beautifully remodeled with sophisticated modern details, graceful architectural curves and expresses contemporary style with an easy flowing indoor & outdoor floor plan. Approx. 2,200+ sq., ft., 3 br & 2 ½ ba, spacious great room, cathedral ceilings, skylights throughout, gorgeous wood floors, office/library and elegant & luxurious master suite. Spectacular grounds with mature trees, gorgeous garden paths, and fresh updated landscaping adds the finishing touch to this immaculate St. Helena home. Pride of Ownership Prevails…….. $1,195,000
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FFORDABLE YOUNTVILLE LIVING
Fabulous custom remodeled mobile home in desirable Bella Vista Park in Yountville - near world class restaurants, shopping & other recreational facilities. This home features large floor to ceiling windows, formal dining w/built-in hutch, skylights & spacious master suite w/ample closet spaces. A large enclosed yard, seasonal flowers, vegetable beds & plenty of outdoor space to enjoy. All the features of a custom home at an affordable price. $350,000 www.173Riesling.com
Yvonne Rich BRE01045780
(707)968-9888 yvonne@fabulousnapavalley.com
fabulousnapavalley.com
YVONNE RICH
Exclusive Estates
C
ALIFORNIA MISSION ESTATE
This grand California Mission style estate is fabulously renovated, thoughtfully designed for the best of modern comfort, privacy & convenience. An impressive entry foyer with double ceiling height, radiant floors, great living room, family room, 5 fireplaces, library, office, media room, multiple flat screen TVs throughout, game room, wine cellar & well executed chef-grade kitchen. Resort-inspired grounds with elegant outdoor entertaining areas. Grand Scale Napa Valley Estate. www.1315Crestmont.com $4,950,000
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OPHISTICATED NAPA ESTATE
This strikingly sophisticated estate is transformed into a glamorous designer showplace w/stimulating architectural details & towering ceilings adds an overwhelming sense of volume. Meticulously crafted moldings, tile floors, 3 grand fireplaces & a tremendous epicurean kitchen great room leads to a covered patio & outdoor dining pavilion. Artfully designed pool/spa surrounded by floral gardens & vegetable beds/gardens allow farm to table living. www.15Huntington.com $ 2,550,000
Yvonne Rich BRE01045780
(707)968-9888 yvonne@fabulousnapavalley.com
fabulousnapavalley.com
YVONNE RICH
Exclusive Estates
M
ODERN COUNTRY ESTATE
This distinctive country estate on 2+ acres is beautifully secluded & tucked away - surrounded by towering trees & stunning vineyard views. Having two separate structures, the 3 br main house & 2 br guest house with large barn/workshop, offers tremendous flexibility with modern conveniences. Approx. 4,250+/- sq. ft., 5 br & 7 (4&3) ba. Magnificent pool and spa with waterfall bordered by an expansive patio for grand scale entertaining or for intimate family gatherings. $ 2,495,000 www.315AltaLoma.com
U
LTIMATE NAPA VALLEY ESTATE SITE
Great opportunity to acquire a beautiful & serene 2.25 acres perched on a private knoll with breathtaking views overlooking the Napa Valley. This Spring Mtn. location has the distinction of being in one of St. Helena’s most sought-after & exclusive areas. This ultra-premium estate home site is located within 2 miles from downtown St. Helena & surrounded by several world-class estates. Paved road access, elec. nearby & excellent water supply. www.SpringMountainLand.com $3,500,000
Yvonne Rich BRE01045780
(707)968-9888 yvonne@fabulousnapavalley.com
fabulousnapavalley.com
YVONNE RICH
Exclusive Estates
S
TRIKING CONTEMPORARY VILLA
This striking contemporary villa is unquestionably one of the most unique and elegant estates in Napa Valley. Experience unsurpassed breathtaking views from its magnificent mountain perch. Approx. 14 acres of solitude and grandeur with a “top-of-theworld” look & feel that offers an oasis of serenity. Large rooms join seamlessly for an excellent flow for entertaining and French doors allow direct access to a beautiful courtyard, striking pool veranda, a grassy yard & lavender gardens. Compelling interior spaces for museum-quality art, a spectacular great room accented by soaring ceilings, stunning light fixtures create dramatic elegance throughout, a massive grand fireplace, ultra-modern epicurean kitchen, fabulous master suite domain and private guest suites. This exclusive estate offers a sanctuary for anyone with a truly sophisticated and elite sense of style. Located in the highly desirable Spring Mountain AVA and approx. 8 acres under 30% slope for premium Napa Valley vineyard potential. Truly a world-class estate in one of America’s most desirable communities.
www.3630SpringMountain.com
$8,900,000
Yvonne Rich BRE01045780
(707)968-9888 yvonne@fabulousnapavalley.com
fabulousnapavalley.com
YVONNE RICH
Exclusive Estates
Estate Building Site
BEGIN CONSTRUCTION IN 30 DAYS! 1164 La Grande Ave., Napa • Offered at $2,695,000 “Close in” country parcel with County approved plans for a 4 bedroom single level contemporary ranch style home plus a detached 5 car garage. Or, design your own dream home using the completed engineering and infrastructure design to fast track the process. Great secluded location in east Napa near Silverado Resort and Napa Valley Country Club. 6 1/3 acres with wonderful views of the countryside. 3+ acres can be planted in Vineyard. Call now to view!
Susie Ashlock
Realtor® 707-246-2278 – Cell 707-253-0220 – Office sashlock@davidsonandbennett.com Lic# 01093535
istinctive Properties provides print and digital platforms for Napa Valley real estate and real estate related advertising. We feature property listings, open houses, articles and more in our magazine, newspaper sections, on our website, and on our social media pages. NapaValleyRegister.com/Homes Distinctive Properties – Napa Valley @DistinctPrperty
EDITOR & DIRECTOR OF SALES Rodolfo Schwanz 707.256.2244 rschwanz@napanews.com ACCOUNT EXECUTIVE Randy Dowis 707.256.2229 rdowis@napanews.com
JUNE 2018
DISTINCTIVE PROPERTIES 1615 Soscol Avenue, Napa, CA 94559
DISTINCTIVE PROPERTIES
D
Lic# 01965904
Distinctive Properties makes every effort to ensure the accuracy of the information it publishes, but cannot be held responsible for any consequences arising from errors or omissions. All rights reserved. Reproduction in whole or in part is strictly prohibited. Distinctive Properties is a registered trademark of The Napa Valley Publishing Company.
12 — Distinctive Properties
Brighten UpYour Living Space!
Doing it right for over 75 years!
• Mon-Fri 8am-5pm 707-643-5609 Lic# 202251 • Se Habla Español • Free Estimates
1014 Broadway, Vallejo •
www.calglassofvallejo.com
The Perfect Pairing Napa County Wine and Your Outdoor Kitchen Setting the standard for outdoor living Stainless steel cabinetry for countless design options, storage and organization
3181 Cleveland Avenue, Santa Rosa • 707-526-3322 • www.onfiresantarosa.com Closed Sundays
CALISTOGA Old Faithful Geyser
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Calistoga Realty 707-942-9422 1473-C LINCOLN AVENUE CALISTOGA, CA 94515
EstatEs • VinEyards • Vacation HomEs Land rEsidEntiaL And commErciaL
C ALISTOGA -R EALTY.com
1473 C LinCoLn Avenue CAListogA, CA 94515 BRe #00930058
intriguing architectural Detail 707-942-9422
W
elcomes you into this Contemporary European style home. Two story entry opens into a large foyer and formal Dining Room, Great Room w/fireplace and a chef’s kitchen. Spacious master suite w/fireplace and sitting area. Additional features include a wine cellar, heated tile floors, venetian plastered walls, and a large utility room. Plenty of room for entertaining w/the roof deck, outdoor bar and bocce ball court. $
3,295,000
P
rivate yet close to Calistoga, home of the new Four Seasons Resort and Spa, Solage Resort, and minutes to St. Helena. This 37+ acre parcel is situated among some of the most coveted vineyards and wineries in the Napa Valley. The property offers several home sites affording views of the neighboring vineyards and Mt. St. Helena. Gated entrance, existing well, perc test and electricity to the property line. Seasonal creek, hiking paths and the potential for several acres of vineyards. Quiet and peaceful, this is a special property to create your own Napa Valley Estate.
Sharon Carone, Broker Darlene Brissard, Realtor Brian Durnian, Broker Ziggy Gutierrez, Realtor
$
1,295,000
Prestigious DiamonD mountain aPPellation
Perini ranch
1
83+/- acre property in two parcels within Lake County’s Red Hills AVA. Approx. 50-100+ acres that have been identified as potential vineyard land, 7 acre certified organic walnut orchard and fenced pastures for livestock or horses. Two very comfortable homes, barn, 2 ponds and a well which tested at 110gpm and water rights to an artesian spring with add’l water/recreational rights to neighboring lake. Subdivision potential. Ideal family compound.
2,395,000
$
carneros estate Building site
B
eautiful 7.66 acre parcel located in the Carneros District. Oak Trees adorn the front of the property and most of the acreage is flat and usable. Ideal Estate building site with plenty of room for vineyards or horses. Small pond on property. Property backs up to the Carneros Inn.
1,895,000
$
stunning Views
A
nd a winter stream that runs down the property offers endless serenity throughout the 122+/- Acres. To the west you will see a magnificent full-on view of Mt. St. Helena, and go North for an amazing sunset over Cobb Mountain. Sitting roughly 500 Ft. above HWY 29, you will quickly find yourself surrounded by Napa and Lake County hillsides using your imagination to develop your next Estate. $
295,000
FLOOR CLEANING 101 BRANDPOINT
How to get out the grime and recapture the glory Fl o o r i n g t re n d s c h a n g e through the years as homeowners acquire new tastes and technology allows for a larger variety of flooring designs. Deep ebony and driftwood finishes peaked in 2017, while 2018 trends are pushing toward wider planks, gray tones and even durable porcelain tiles designed to mirror wood grains. As today’s flooring choices evolve, the importance of maintaining a clean floor remains constant, especially if you have kids and pets. But, clean floors don’t need to translate to hourlong scrubbing sessions on your knees. Instead, it should take minimal work to get the job done and it shouldn’t matter what type of floor you have. Here are some tricks and tips on the best ways to get your floors looking new and spotless in no time: LAMINATE FLOORS Even though your laminate floors might look like hardwood or tile, you still need to care for them a certain way. It’s important that you keep water from getting under the planks, so it’s recommended that you regularly dry mop or vacuum the floors. A multi-surface spray mop like the Rejuvenate Click n Clean will allow you to quickly pick up dust and food particles with its microfiber dusting pad. For a deeper clean, simply click the appropriate cleaning solution for your floor type into the mop and attach the reusable microfiber cleaning pad and swivel away for a beautiful, professional clean. You never want to polish laminate floors and, if a plank looks damaged, it is best that you just replace it 18 — Distinctive Properties
Brandpoint
with a new one. LINOLEUM FLOORS These type of floors are easily susceptible to water damage, so you need to clean them with caution. Vacuum them to prevent scratches and wipe up any spills as soon as they happen. You can spray a linoleum floor in sections and then wipe with a damp cloth as you go. If sticky messes find their way onto linoleum floors, use a soft, scrubbing pad to clean it up.
HARDWOOD FLOORS Most hardwood floors have either a wax or polyurethane finish. Waxed hardwood floors can be damaged with even small amounts of water, so keep damp mops away from this type of floor and just dust mop and vacuum it daily. Depending on the amount of traffic or abuse the floor takes, consider a floor cleaner with a safe, non-toxic neutral pH-balanced formula as it will not leave behind film, residue or streaks, just a clean fresh scent.
TILE AND GROUT FLOORING If you have stubborn stains or dirt embedded in grout lines, you can opt for a deep grout cleaner. Simply spray it on the floor, let it sit for a few minutes and then scrub it with the Click n Clean grout brush. Without the use of harsh, acidic chemicals, dingy grout will become brighter, lighter and stay clean long after you are done. For more floor care tips, visit www.RejuvenateProducts.com.
(707) 942-6225
Marilyn McCoul, Broker vino4x4@aol.com
Napa Residential Investment Income
This property offers eight units in four buildings, comprised of a 3BD/2BA detached house, a 2BD/1BA detached cottage, a duplex and a fourplex (each unit is 2BD/1BA). In addition, there are garages and carports. This complex is located in a very desirable residential neighborhood, close to good shopping. These units are well maintained with a lot of room for higher rents. This is a great investment in Napa and won’t last long!
Offered at $2,200,000 Wine Country Specialists for Over 50 Years 1705 Washington Street, Suite J, Calistoga, CA • CalBRE #00232437 • Fax: 707-942-6332
Choosing WINDOWS AND DOORS
Photos courtesy of Andersen corp.
K A R E N G O L AY
How to make the right decisions
B
uilding? Remodeling? There has never been a better time to enjoy new windows and patio doors. Giant walls of glass that open up your world and make life an indoor, outdoor paradise. Every possible style from traditional to contemporary. Decorative grilles and glass. Amazing choices of exterior colors. A wonderful variety of woods and finishes. Hardware that is simplistic or unique and energy-saving options. Your windows and doors are definitely reflections of you and affect your lifestyle and the enjoyment of your home more than you may think. You will also appreciate the fact that today’s preferred name brands offer quality lines in a wide
20 — Distinctive Properties
variety of prices, so whatever your budget, you can find a style with options that satisfy providing you do your homework. Take one of the premier name brands, Andersen® Windows and Doors. The menu Andersen offers includes almost every price range and material. For example, instead of vinyl, Andersen offers an alternative called Fibrex® that is twice as strong as vinyl and it won’t fade, flake, blister or peel. It’s a composite of wood fiber and PVC polymer fused together. On the other end of the spectrum, Weiland by Andersen redefines boundaries with huge, custom openings, seamless transitions, and unsurpassed performance. Creativity is definitely not limited for the architect or the homeowner. What are the secrets to making the right decisions about your windows and patio doors?
RESEARCH Look around in your neighborhood and others. Pay special attention to the houses you like and the ones you don’t like. Notice the windows and doors. Look through magazines that specialize in home design and decor like Architectural Digest, HGTV Magazine, and this publication, Distinctive Properties. Spend quality time with your architect or contractor and don’t be afraid to ask questions. A lot of questions. Your builder can explain why certain windows and patio doors may satisfy the design of your new home or remodel. SHOP See the real thing. It’s best if you can visit a showroom where there are a lot of options and experts on hand to help you with the comparisons. That’s why so many building professionals and
homeowners take the time to visit the Dolan’s window and door showroom in Walnut Creek. You can get up-close-and-personal with a variety of materials, see how different windows and doors function, see what the color choices really look like and compare prices. CHOOSE WITH CONFIDENCE By now you know enough to take ownership of all your choices. You’ve researched, shopped and compared. Most important, you know what your new home or remodel will look like with your new windows and patio doors. Karen Golay is a writer and Marketing Communications professional. She works with Dolan’s Lumber, Doors & Windows in the San Francisco Bay Area.
Folding Outswing Door photo provided by Andersen Corporation. “Andersen” and all other marks where denoted are trademarks of Andersen Corporation.
Building or remodeling? Selling or buying? We’ve been serving Bay Area and North Bay home owners and contractors with the finest in building materials, windows and doors for decades. We feature the best for less with lower prices on higher quality and better service. Among the famous names we feature is Andersen® Windows & Doors and a complete menu of their amazing choices.
The affordable 100 Series. The popular 400 Series and the prestigious A and E Series. There are custom choices, many exterior colors, wood finishes and hardware. The Folding Outswing Door from the Andersen’s family of big doors offers custom heights up to 10’ and custom widths up to 48’. Other big doors can be as high as 16’ and as wide as 60’. Visit our web site and then, give us a call.
Window & Door Showrooms in Walnut Creek and Burlingame. Lumber & Home Improvement Centers in Concord and Pinole.
DolanLumber.com
800-936-5267
Save big on your utility bills when you go solar! We’ll Drink to That! √ Add equity to your home √ Receive 30% back on the purchase and installation of solar from the federal government √ Tax credits up to 30% available on the purchase and installation of solar from the federal government.
Increase Property Value Energy Independence
Call Now for your free in home consultation! 707-645-0734 CA Lic# 719381 NVR
Memorial Day Sales Event May 25-June 4th
STOREWIDE SALE! 12 Months 0% Financing
Ask about how you can save an additional 5%
Limited Time Of Offer! $99.00 Napa Delivery (Includes set-up)
395 - A EAST MONTE VISTA AVE., VACAVILLE • (707)-449-6385 www.laineysfurniture.com HOURS: Mon-Sat 10am-6pm • Sun 11am-5pm *Styles shown may not be in stock
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W E L C O M E 2 0 1 8 A U C T I O N N A PA VA L L E Y G U E S T S STHELENAREALESTATE.COM
ABOVE MEADOWOOD RESORT
MT. VEDEER VINEYARD ESTATE
A one of a kind modern estate situated on an exclusive 40+ acres within the entrance to Meadowood Resort.
Established hillside vineyard estate on 45.5± acres. Premium 18.7 acre Bordeaux Vineyard, Farmhouse, Guest & Caretaker’s House.
ST. HELENA I $12,675,000
NAPA I $10,500,000
GAIL MORGAN LANE 707.291.0156 Gail@winestates.com
WWW.860MEADOWOOD.COM
JACQUELINE WESSEL 707.738.7338 Jacquelinenapavalley@gmail.com
1346 MAIN STREET · ST. HELENA, CA · 94574 707.967.9570 · DRE#01026604
WWW.NAPALAND.ESTATE
ST. HELENA COMPOUND
SPECTACULAR VINEYARD ESTATE
Situated on 1 acre, the estate features a 3-bedroom main residence, outdoor kitchen, small vineyard, guest house, 3-car garage w/ studio.
Totaling 9.46 acres, this spectacular estate features a 5,653± SF main residence, guest cottage, charming apartment and vineyard.
ST. HELENA I $6,525,000
CALISTOGA I $4,950,000
JACQUELINE WESSEL 707.738.7338 Jacquelinenapavalley@gmail.com
RESIDENTIAL
WWW.NAPAVALLEYHOME.ORG
LUXURY ESTATES
LAND
GAIL MORGAN LANE 707.291.0156 Gail@winestates.com
VINEYARDS
WWW.3950SILVERADO.COM
WINERIES
COMMERCIAL
STHELENAREALESTATE.COM
TRANQUIL ST. HELENA ESTATE
VINEYARD ESTATE DEVELOPMENT SITE
Private Napa Valley estate situate on 6.02 acres, just minutes to town and around the corner from Meadowood Resort.
12± acres gently rolling estate site with vineyard potential. Offers commanding views of the valley floor and surrounding mountains.
ST. HELENA I $6,350,000
NAPA I $2,750,000
BARRY BERKOWITZ 707.529.7406 Barry@winestates.com
WWW.SARAHSWAYESTATE.COM
MATT BJORNER
310.528.1768 MBjorner@gmail.com
1346 MAIN STREET · ST. HELENA, CA · 94574 707.967.9570 · DRE#01026604
WWW.2387ATLASPEAK.COM
Are mandatory solar panels in California’s future? CHRIS D CRAIKER AIA
I
n a remarkable new development in Sacramento, the California Energy Commission, CEC, approved a requirement that as of 2020 all new homes in California as well as low rise multifamily and townhome communities must have solar panels installed on their roofs. It’s estimated that the average cost for a new home will add about $10,000 to a new home sale price, however the pay-back in reduced energy bills is anticipated to be less than 10 years. It has yet to become official, but the momentum is carrying it forward at a breakneck speed but Sacramento standards. Not so fast. There are both good and not so good ramifications of such a regulation. History has shown that the cost of solar has dropped precipitously in the last 20 years while innovation has improved the quality and quantity enormously. Today’s systems could last up to 15 years with proper maintenance. However, innovation also makes today’s installed systems outdated within 5 or 6 years. Of course, anytime we can minimize our dependence on the grid, the better we all will be. The CEC’s dream is that every home could become an energy self-sufficient island without an umbilical cord to a server such as PG&E. The idea is to create Net Zero energy users where each home will produce as much energy as one needs daily, then transfer any excess back to the grid for others to use. Net Zero or NZ energy users are not realistic: the closest we will ever get is Near Net Zero or NNZ. Unlike your shiny new automobile that you get tired of after a few years, you just can’t sell used solar panel at a car lot. Once installed, it’s hard to replace
26 — Distinctive Properties
Dreamstime
or update easily. The medium price of homes in California is now approaching $500,000, almost twice the average home price of 30 of the other 49 states. When factoring in the cost-of-living, California has the highest effective housing expense in the Country. Every year California falls 100,000 housing units short of what is needed to keep up with the demand. The conveyor belt of people coming to California has not stopped, although the number of residence leaving is growing. Skyrocketing housing costs are definitely responsible for putting many people into rental housing or onto the street. In either case, this is considered temporary housing, and California is becoming the state with the highest ratio of temporary residence: never grounded and without roots. Private owner-occupied housing is becoming an elusive dream and to force new homebuyers to pay for a system that may be obsolete in less than
ten years is irresponsible. While I often hear complaints that Californian’s pay too much for energy, the state is actually ranked 42nd in the country for per capita energy expenditure. Alaskan’s spends almost 2 1/2 times the average Californian’s energy bill. While we all want to reduce our carbon footprint, we have to do it realistically and sustainably. The State should be focusing on improving our energy storage systems and rebuilding our failing grid. One problem with present day solar photovoltaic electric harvesting is storage. Once electricity is generated it must be used or stored in some form. Battery storage such as Tesla’s Powerwall is making big advances but are still crude old tech. The battery systems of the future must be clean, not volatile or explosive, easily renewable and inexpensive. Ironically, solar systems of the 70’s stored energy in water to help heat a pool, a room or to use at night. While crude and no
longer considered viable, many pools are still heated this way. That’s a form or storage, like a battery. Our power transmission grid is old and deteriorating. It needs to be more effective for collecting and transferring solar energy. This is where California should be concentrating its energy (no pun intended) to create the best system of collecting solar energy and distributing it efficiently. We need to build more housing and not add more cost to them. Solar should be a choice, not a requirement. Much as I am a big supporter of renewable energy such as solar and wind, I have serious doubts that forcing everybody to buy a “one-size-fitsall” solar system is a good idea. I personally believe that every individual should have the right to choose the system he wishes. Chris d Craiker AIA is an architect in Napa with the firm Craiker Associates, Architects and Planners Inc.
E X P E R TS I N AG . E X P E R TS I N F I N A N C I N G .
Buying, building, or making improvements, American AgCredit is your agricultural real estate expert with great rates, flexible terms, and unique solutions tailored to your unique needs.
Call 800.800.4865 today or visit AgLoan.com A part of the Farm Credit System. Equal Opportunity Lender.
Are you
in the know?
Brandpoint
Insider tips and tactics for buying a home in a seller’s market BRANDPOINT Whether you’re a millennial looking to buy your first home or a boomer thinking about downsizing your empty nest, you’re probably aware that it’s a seller’s market out there. Homes are selling at lightning speed, bidding wars are commonplace, buyers often have little to no room for negotiation and the price of those homes keeps rising. But don’t worry! Just because it’s a seller’s market doesn’t mean you can’t get a good deal on the home of your dreams. Here are some insider tips and tactics from the pros at RE/MAX, LLC to help you get your slice of the American dream at a price you can afford. WORK WITH A FULL-TIME, EXPERIENCED AGENT This is critical, vital and non-negotiable. Things move so fast and offers are made within 28 — Distinctive Properties
minutes of seeing a home. If you and even calculate your estimated don’t have a real estate agent, you mortgage payment. can easily be overwhelmed by this thrill ride. Your agent can help you DON’T WAIT TO with negotiation, serve as your REQUEST A SHOWING champion, and can guide you If you’re checking out houses through this process as a pro. online, ask your agent to request a showing as soon as you see one GET PRE-APPROVED you like. Don’t wait until the WITH A LENDER weekend. You know what they say When you’re pre-approved, about he who hesitates ... you’ve done all the paperwork upfront. The bank has decided DON’T WAIT TO what you can afford to spend. This MAKE AN OFFER tells the seller you mean business If you like it, jump on it and are ready to roll. Make your offer clean (no contingencies such as the sale of USE TECHNOLOGY another property), if possible, and If you aren’t using technol- consider offering favorable concesogy, you are missing out. Hop sions to the seller such as a flexible on remax.com and view homes closing date. within your price range or in your desired school zone or neighbor- THINK OUTSIDE THE BOX hood. You can also get a sense You might have come into of what’s selling at your budget, your home search wanting to live
in a specific neighborhood. What if you expanded your horizons a bit? Cast your net wider into areas you hadn’t considered. A lovely gem might be waiting out there for you. DON’T MAKE A MAJOR PURCHASE BETWEEN OFFER AND CLOSING If you do, it could upset your debt-to-income ratio. Your lender could run the numbers again, and you’d be sunk. Hold off buying furniture or ordering new appliances until after closing documents have been signed and the place is yours. Following the advice of your agent is always critical, but it’s even more important in a seller’s market. He or she will guide you through the process, and you’ll be unpacking boxes in your dream home in no time!
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SOLD IN 6 DAYS!
1484SWhitehallLane.com | St. Helena | $3,000,000 • Desireable Rutherford Bench location on 2± acres • 4 bed/3 bath main house with attached guest unit
1906OakCircle.com | Yountville | $1,879,000
1914OakCir.com | Yountville | $1,795,000
1878HeritageWay.com | Yountville | $1,499,000
• Custom renovation currently under construction • Scheduled completion by June 2018
• Large corner lot in Hertiage Estates neighborhood • Largest one-level plan with open & flowing layout
• Completely reconfigured floor plan • Custom finishings & architectural design
LIVE NAPA VALLEY
1060RutherfordRoad.com | Rutherford | $2,689,000 • Stunning Craftsman in Rutherford • Gorgeous hardwood floors and custom cabinetry
• Kitchen/living space spill out to expansive deck • Fabulous views of neighboring vineyards
Silverado Trail Lot | Calistoga | $1,900,000 • Build site with vineyard views • Gentleman’s Cab vineyard
• Beautiful Napa Valley location • Close to Calistoga’s dining and shopping
Cyndi Gates
Broker/Owner 707.333.7770 cyndi@gatesestatessir.com CalDRE#00711618
1350GroveCourt.com | St. Helena | $1,649,000 White rose and wisteria framed front porch Gorgeous upgrades & attention to detail throughout Artfully designed kitchen & large living room Vineyard wrapping the front yard
125MossLane.com | Napa | $975,000 Spectacular vineyard views and beyond Unique opportunity to live wine country experience Meticulously maintained chefs kitchen Possible location for guest house beyond garage
588MainSt207.com | Napa | $735,000 Stunning condo in the middle of downtown Napa Beautifully upgraded and very well appointed Perfect for a second home or downtown home Private parking garage located underground
6600YountSt20.com | Yountville | $625,000 Darling light open floor plan 2 story, 2 bed/1 bath layout Close to world class dining and shopping Located close to pool & club house
6550 Washington Street Yountville, CA 94599 gatesestatessir.com Each office is independently owned and operated
Photo courtesy Napa Valley Vintners
The Mondavi sisters — Giovanna, Alycia, Riana, and Angelina — are the guest hosts for this year’s edition of Auction Napa Valley.
Auction time again! F O R D I S T I N C T I V E P RO PE RT I E S
America’s premier wine auction lights up the Valley in June The 38th annual Auction Napa Valley kicks off the busy summer season in Napa County, bringing hundreds of bidders and guests to the sprawling lands of Meadowood Napa Valley resort in St. Helena on June 2. But the action is no longer confined to the bidding tent, or even just auction day itself. Over the years, the auction has stretched to three days, including private, vintner-hosted parties; the world’s only single-case 34 — Distinctive Properties
auction of 100 or more lots that includes tasting wine directly with the winemakers straight from the barrel; the E-Bidder Experience, open to wine lovers who can acquire wines, wine futures and experiences by bidding from anywhere in the world; and the grand Live Auction Celebration For 2018, the fourth generation Mondavi sisters of the Peter Mondavi Sr. family are the honorary chairs. Alycia, Angelina, Riana and Giovanna Mondavi are the youngest and first all-female vintner group to oversee the Auction Napa Valley Steering Committee. The June 1 Napa Valley Barrel Auction will take place at the
historic Charles Krug estate, Napa Valley’s oldest commercial winery. In addition to bidding inside the recently remodeled Redwood Cellar on lots of Napa Valley wine futures, guests will stroll an outdoor food and wine marketplace turned replica of Napa Valley. Designed to feature the valley’s iconic towns and villages, the marketplace will include more than a dozen favorite local restaurants serving picnic-sized portions of one iconic dish paired with wines from nearby nested AVAs like Carneros, Oak Knoll District, Yountville, Oakville, Rutherford, St. Helena and Calistoga. Scale replicas created by local high school students of the Welcome to Napa Valley sign and Grape Crusher statue will give an authentic feel to the event. The Barrel Auction component of E-bidding provides 110 unique opportunities to be one of 10 people to acquire a 12-bottle case of wine from many of Napa Valley’s most sought-after (and often-allocated) wines. Upon release, these distinctive Napa Valley wines are sent directly to the winning bidders from the cellar door. Nancy Oakes of San Francisco’s Boulevard restaurant is the Live Auction guest chef on June 2, preparing a family-style meal based on recipes from the Mondavi sisters’ great-Nonna, Rosa Mondavi. Dishes will include Sicilian tomato pie, pheasant and porcini meatballs, halibut poached in olive oil and pear and apple cake, among other treats the Mondavi sisters enjoyed in their childhood around the family table. After dinner, guests will enjoy sweet treats served from dessert trucks as they depart Meadowood for this year’s After Party, hosted by Chef Christopher Kostow and Nathaniel Dorn at St. Helena’s The Charter Oak restaurant. For wine lovers who cannot attend the auction festivities in person, the E-Bidder Experience allows anyone anywhere in the world the chance to bid on more than 250 lots of wine, wine futures and culinary and
hospitality experiences. Opening on Sunday, May 27 at noon, the E-Auction continues for one week until Sunday, June 3 at noon. On Friday, June 1 from 11 a.m. to 3 p.m., e-bidders can also get in on the action for the 110 Barrel Auction lots. Sponsored by the Napa Valley Vintners and founded in 1981 by a small group of winery owners, including Robert and Margrit Mondavi, Auction Napa Valley has become the world’s most celebrated charity wine event. Proceeds from the event are distributed to Napa County non-profits working in a variety of target areas, including health and education. The auction has raised more than $180 million for such causes and it has funded work that has touched more than 100,000 persons. To learn more, visit auctionnapavalley.org. June 2018 – 35
VINEYARD ESTATE WITH VIEWS Napa Valley 4BD vineyard estate on highly desirable East Side of Napa. Remodeled with attached guest suite. Open floor plan with stunning vineyard/mountain views. Gourmet kitchen. Great room with wine bar opens to outdoor entertaining area with fireplace, gazebo covered dining andpool with solar. Bordeaux vineyard of Cabernet, Merlot, Malbec and Petit Verdot. Offered at $2,995,000
SERENE AND PRIVATE Vacant land parcel in serene and private setting on .35 Acre. Sold with 365 Montecito Blvd: a mid century modern 4032 sq. ft. home on .27 acre. Build a 2nd home or guest house and remodel the existing home or just enjoy the additional land. Located on highly desirable East Side of Napa walking distance to downtown with world class dining and wine tasting! Offered at $1,195,000
EXCELLENT LOCATION
MID CENTURY MODERN HOME
Phenomenal N. Napa location. Watch hot air balloons fly by, take long walks through the vineyards and cycle on the Vine Trail! Upgraded 4BD/3.5BA offers large bonus room, 1st floor BD with full bath and a spacious master with retreat. Gourmet kitchen with stainless appliances. Counter seating opens to family room with fireplace and views of the backyard. French door opens to spacious outdoor entertaining area. Steps away from neighborhood park! Offered at $1,295,000
Highly desirable East Side of Napa. Close to downtown! .27 acre plus an additional .35 acre vacant land parcel. Remodel existing home and build 2nd home or guest house. Floor to ceiling walls of glass showcase views of serene and private setting. Glass doors open to wrap around deck that leads to pool/ outdoor entertaining area. Lower level with kitchenette and separate entrance.
Offered at $1,195,000
REMODELED FARMHOUSE
VIEWS! VIEWS! VIEWS!
Close to Downtown Napa’s Oxbow, restaurants and wine tasting! Remodeled circa 1900 farmhouse with open floor plan. Gourmet kitchen with counter seating and stainless appliances. Live in one unit, lease other or have as guest house/in-law unit. 2BD/2BA upstairs including en-suite. 1BD/1BA downstairs with separate entrance. Fenced backyard. Spacious outdoor entertaining area, large lawn, fruit trees and garden beds! Offered at $995,000
Estate building site with stunning, unobstructed 180 degree views of the Valley floor all the way to Mount Tam. Located on a private road on the East Side of Napa in a private setting adjacent to other significant estate properties. Surveyed with electricity ready for your plans. Site plan available.
Offered at $749,950
Selling Napa Valley Lifestyle Properties
COME FOR THE WINE STAY FOR THE LIFESTYLE
marin \ sonoma \ napa VISIT US AT ONE OF OUR MANY OFFICES:
Novato Petaluma \ Rohnert Park \ Sebastopol Santa Rosa \ Glen Ellen \ Sonoma Napa \ St. Helena
Your Wine Country Real Estate Company for life
TerraFirmaGlobalPartners.com
Napa SoscolCreekEstate.com Offered at: $5,495,000
Saint Helena 224MadroneKnollWay.com Offered at: $2,150,000
Napa KruezerLn.com Offered at: $2,125,000
Napa 48PascalePlace.com Offered at: $1,600,000
Santa Rosa 7200Cougar.com Offered at: $1,599,000
Sonoma 126PaloverdeCourt.com Offered at: $1,425,000
Napa 17Chaudhary.com Offered at: $1,250,000
Napa 4046TallGrassDr.com Offered at: $1,249,000
Napa 4042Foxridge.com Offered at: $1,175,000
TerraFirmaGlobalPartners.com
Getting into the
RENTAL GAME BRANDPOINT
Credit tips for buying an investment property If you love the idea of being a landlord, and don’t mind being on duty around the clock, buying an investment property may be the wealth-building option for you. Property values have enjoyed a steady increase over the decades. That’s why real estate has earned its reputation as a sound investment that builds wealth and credit. Most people, however, don’t have the quantity of cash on hand to purchase a house or apartment building outright. Still, if becoming a landlord means taking out a 30-year mortgage, the monthly payments from the tenants should be enough to service the loan and build equity for you, while leaving some cash flow so you can maintain the property. If buying investment property sounds like a step you’d like to take, here are some credit considerations every investor needs to know. BE MINDFUL OF THE INQUIRY STAGE Once you decide to purchase an investment property, it’s important to do everything you can to make sure your credit score stays as high as possible until the loan is approved and signed. Your goal is to land the best possible interest rate, because even half a percentage point can add tens of thousands of dollars of total interest payments to a 30-year loan (and affect your wealth-building abilities). During this time, things like continuing to make on-time payments on your existing loans can be helpful in maintaining your credit score. However, sometimes people unintentionally lower their credit score when they’re actually trying to be fiscally responsible. For example, when shopping around for the best mortgage rate, keep in mind that multiple inquiries can have a negative effect on your credit score, especially if you don’t have a long credit history. Fortunately, many credit bureaus recognize that you may be comparison shopping, so make sure you do this within a defined time frame of 30-45 days.
Brandpoint
to credit can be helpful because it lets you make repairs and keep things in good living condition for your tenants. One thing that can affect your credit score is the amount of credit you’re using. Unfortunately, keeping a higher balance could result in a lower credit score. As a rule, keep your credit utilization at 30 percent or less. For example, if your credit card has a $5,000 limit, the balance should not get any higher than $1,500. Throughout the billing cycle, keep an eye on the balance, and pay it down when you can.
KEEP A CUSHION OF CASH It happens. You get that call about a water leak, and before you know it, you’re spending your Saturday evening pricing plumbers, searching for one whose overtime rate is only in the range of mildly outrageous. Being a property manager means expecting the unexpected, and one of the best ways to be ready is to have enough cash at the ready to take care of these problems. Build an emergency fund in your savings KEEP CREDIT UTILIZATION LOW account, and keep your credit paid down When maintaining a property, having access so you always have that cushion to fall
40 — Distinctive Properties
back on during any crisis. BEWARE OF LOW AND NO-INTEREST FINANCING DEALS When it’s time to replace the oven range or a refrigerator, one of those “no payments, no interest for 18 months” deals can seem like a lifesaver. It sounds like a great deal, but these alluring promises are designed to play a psychological trick on you. Because you don’t have to pay yet, it doesn’t really feel like spending money when you’re making the purchase. However, once the interest-free promotional period is up, a double-digit interest rate often kicks in. If you don’t have the cash to pay off the balance or make payments, you could end up with penalties that can affect your credit score. Before you sign on, always read the fine print. Before you invest, do your research on credit scores and know your pros and cons. More than 8.5 billion credit scores compiled by VantageScore Solutions were obtained and used in the U.S. between June 2016 and July 2017. Whatever your stage in life, the market offers many options for those who wish to build their wealth through investing in real estate.
Building Relationships for Life,
Making wine country your home
www.17Chaudhary.com Offered at $1,250,000
www.36Miwok.com Offered at $900,000
www.1830CapellCross.com Offered at $975,000
www.1376Grayson.com Offered at $850,000
Our outstanding track record, superior negotiation skills & personal attention to our clients needs is what makes us such valuable assets to anyone buying or selling. Real Estate is local and we can provide the most up to date information for your home. The Napa Market is on the move...if you are considering moving call us today for a free Market Analysis. Terry Wunderlich
Chris Wunderlich
Associate Partner mobile 707.486.6388 CalBRE #00619968 terry@napawunder.com
Associate Partner mobile 707.529.0987 CalBRE #01787555 chris@napawunder.com
www.napawunder.com
(707) 226-1823 • 1030 Third Street, Napa
www.1050OliveHill.com
www.1145OliveHill.com
Set perfectly upon a 5.14 acre knoll top, amongst captivating views of vineyards and Mount George, this exquisite French Country Manor is located in one of Napa’s most desirable areas. This private gated estate includes 3 acres cabernet sauvignon. The outdoor kitchen, bocce ball court and 1,000 bottle wine cave with case storage make this estate an entertainer’s dream. Mark Lesti 707-320-8950 $9,800,000
Olive Hill Lane magical paradise. Private East Napa location. Over 1 flat acre of home, pool, patio, gardens and orchard. Quality Spanish-Adobe style home. Spacious exterior yard boasts a park-like natural setting. Mini-orchard with peach, apple fig, pomegranate, lemon, guava and hollyberry trees. Mature rose garden and peonies. Quaint garden shed and 15x45’ storage. Mark Lesti 707.320.8950 $3,500,000
www.4547StAndrewsCt.com Absolutely beautiful estate home located above the Green Valley Country Club. This large home has stunning views of Mount Diablo & more! The perfect backyard for entertaining, custom swimming pool with waterfalls, cabana, built in barbecue. Workout in your private gym or play racquet ball on your indoor sports court! Enjoy Movie night in your own media room! Christine Lesti 707.320.8999 $1,775,000
www.5450StateHighway128.com Beautiful custom home on 20 acres. Built 2005 - very high quality! Fantastic open and airy kitchen floor plan.Vermont soapstone counter tops. Professional stainless steel appliances. Living and Dining room feature maple hardwood flooring. Master Suite is simply luxurious. Gated property suited for horses, hiking, ATV. Mark Lesti 707.320.8950 $1,400,000
Ted Stumpf Mark Lesti Christine Lesti Brendan Lesti Breanna Lesti Paul M. Everett Leisa Matthes Bill Benck 707.320.8950 707.320.8999 707.337.0659 707.225.1225 707.299.9949 707.628.5161 415.810.1071 707.246.9825
(707) 226-1823 • 1030 Third Street, Napa
www.1022Partrick.com
www.3000Hagen.com
Fantastic remodel in Browns Valley. Single-level home on huge lot. Chef’s kitchen with bar seating for 8! Special glass counter tops and gas stove. Beautiful French doors leading to the gigantic patio for entertaining. Built $1,250,000
Napa East-Side Spacious Home. This one-level home offers easy indooroutdoor living. Open and airy w/ courtyard-style backyard - features a gorgeous swimming pool and covered entertainment area! Tons of room for parties, gardening and relaxing. Large doors from great room and master bedroom provide easy access and great views. Mark Lesti 707.320.8950 $1,000,000
www.52Culbertson.com
4023 Tokay Dr.
Beautiful single-level home at the end of a quiet cul-de-sac. Ideally located in north Napa. Open and light floor plan that flows easily to the flat back yard. Big windows, tons of light, cozy fireplace. Open kitchen with island. Big yard designed for entertainment and relaxing.
Highly sought after Napa Valley location. This beautiful home has a park just a few steps away!. The home has been tastefully updated with added footage to the living and master suite. Newer roof, electrical, heat and air, heated tile floors.
Mark Lesti
Bob Souza
in BBQ, outdoor counters with bar seating, built in fridges and fire pit. Mark Lesti
Sarah Peyton 707.339.2163
707.320.8950
707.320.8950
Gary Prince 707.227.7282
Bob Souza 707.363.6335
$850,000
Stephanie Thompson 707.226.1823
Bob Wallin 707.337.5279
707.363.6335
Ian White 707.227.5226
Howard Giles 650.796.5195
$699,900
Christine Marek 707.226.1823
YOUR GUIDE TO
OPEN HOUSE LISTINGS Searching for an Open House is Easy • Go to NapaValleyRegister. com and click on Homes, then go to Open Houses. • The Open House Listings are accompanied by an Open House locator map. • You can easily plan and plot your Open House search route and quickly locate and visit properties in your desired neighborhood. • Additionally, the map online shows all of the Open Houses and has more home details, complete with point to point driving directions.
Download the Mobile App at Map.Info/NVOH
N OPES E U O H
Secret Napa
FrogTree Vineyard Coombsville
Located in a private, quiet setting surrounded by the 40+ acres of neighboring vineyards, this outstanding 5 bedroom, 5 bath wine country estate is situated in its own gated 6-acre parcel in the new Coombsville AVA. This spectacular home exudes classic design and elegance. The property includes 3 structures, over 3 acres of cabernet sauvignon (under lease), a large pool area with outdoor kitchen, wood-burning pizza oven, outdoor fireplace, pergola covered dining area, a 1 acre grassed yard with Creekside olive trees, oak studded hilltop picnic grove, and lush rose and vegetable gardens. A separate guest house and a large, 3-car garage/barn completes this desirable estate. Property offers unobstructed views of vineyards, Montecito Mountain or Mt. George throughout. Minutes from downtown Napa. A must see! Price Upon Request.
Linda Glass
Broker/Owner 707-486-3281 Cel/Text LindaGlass@msn.com Lic# 00961179
Lic# 01965904
Collins
$899*
*after discount
LEAH
$999*
Dolce
*after discount
$899*
*after discount
See Store for details. Collage
$299*
*after discount
Vail
$399*
*after discount
Fairfield
5111 Business Center Dr., Fairfield, CA
(Green Valley across from Costco)
707-759-6675
Baylor
$699*
*after discount
Harbor Town
$499* Vince
*after discount
*after discount
Open M-F, 10-8 Sat,10-6 Sun, 11-5 • www.la-z-boy.com/Bay-Area/ *[Offer applies only to single-receipt qualifying purchases] No interest will be charged on promo purchase and equal monthly payments are required equal to initial promo purchase amount divided equally by the number off months m in promo period until promo is paid In full. The equal monthly payment will be rounded to the next highest whole dollar and may be higher than the minimum paymentt that t would be required if the purchase was a non-promotional purchase. Regular account terms apply to non-promotional purchases. For new accounts: Purchase APR is 29.99%: Minimum Interest Charge is $2. Existing cardholders should see their Credit card agreement for their heir applicable terms. Subject to credit approval. Pictures shown are representative and may not be actual fabrics at prices shown.
FINANCING AVAILABLE *See Store for details
$699*
Hidden Gem in the Napa Valley
The Only Private Country Club in the Valley Golf
Tennis Swimming Restaurant Full Social Calendar
NAPA VALLEY COUNTRY CLUB www.napavalleycc.com MEMBERSHIPS AVAILABLE BY INVITATION FOR DETAILS CONTACT JEANNE JOHNSTON, GENERAL MANAGER 707 603-3486 JEANNEJ@NAPAVALLEYCC.COM
One of only four homes located at Napa Valley County Club. This stunning wine country home of approximately 3200 sf contains 3 bedrooms, a large loft and 4 full baths. Spectacular views of hills and golf course from ceiling to floor windows and private deck with spa. Beautifully maintained with quality upgrades and style throughout. Additional amenities include three gas log fireplaces, three car garage with extensive storage cabinetry and a personal wine cave built into the hillside.
3553 Hagen Road
Offered at $2,500,000
For more photos visit: NapaValleyCCHome.com Wendy Lynch & Peter Devoluy 707-494-1178 peterwendy@sbcglobal.net DRE# 01243667 & 01243666
Relax on your veranda and enjoy the changing light on the Eastern hills. Sophisticated split level home of over 3400 s.f. with 3 plus bedrooms, 2.5 baths, office with fireplace, huge loft for exercise or projects, wine cellar and three car garage. Elegantly entertain in the remodeled kitchen and adjacent private outdoor courtyard. The epitome of Napa Valley living.
38 Clement Ct.
Offered at $1,995,000 Wendy Lynch & Peter Devoluy 707-494-1178 peterwendy@sbcglobal.net DRE# 01243667 & 01243666
This is what it’s like to live in complete privacy overlooking everything. Breathtaking contemporary 6 bedroom, 8 bath, 34 plus acre estate on a knoll top setting with panoramic views in almost every direction. The property includes the Ramspur craft winery brand and 2 plus acre estate vineyard in the Carneros appellation.
For more photos visit: NapaKnollTopEstate.com 3100 Old Sonoma Rd.
Offered at $12,500,000
Wendy Lynch & Peter Devoluy 707-494-1178 peterwendy@sbcglobal.net DRE# 01243667 & 01243666
New home searches start here www.napavalleyregister.com/homes Find your new home, research the neighborhood, look up school test scores and more. All on your local newspaper website.
Let the Sunshine in!
NAPA VALLEY REAL ESTATE
TRENDS IN APRIL 2018 GERRETT SNEDAKER NAPA COUNTY The inventory of homes and condominiums available for sale in Napa County at the end of April (267) is 15% below the inventory in April 2017 (313) and it is 8% ahead of the inventory last month (248). New sales (123) were 10% below the pace of last year (137) and 12% ahead of the pace of last month (110). There is a 2.2 months supply of inventory based on the current sales pace. The Days on Market for homes closing in Napa County is currently 73 GERRETT days. For the purpose of SNEDAKER our MLS (BAREIS) “Days on Market” represents the time from when the property is first listed in the MLS to the date the property goes into “pending” (all conditions removed) status. On average, it can take anywhere from 0 to 30 additional days for properties to close after going pending. The median price of the 103 homes closed in April in Napa County ($645,000) was slightly higher than the median price of a year ago ($637,000). It was 5% below the historic high median price ($678,000) in December 2017. NAPA COUNTY LUXURY HOMES If one takes the highest quartile (25%) of available inventory as the “Luxury Market”, the Luxury Market begins at $2,500,000 in Napa County at this time. This is up from $2,200,000 last month. The number of closings (49) of Luxury Homes (sales price in excess of $2,500,000) in Napa County is down slightly for the twelve month period
54 — Distinctive Properties
5/1/17 to 4/30/18 compared to 51 from 5/1/16 to 4/30/17. There were 65 luxury homes in inventory at the end of April 2018 compared to 56 at the end of April 2017. There were six new Luxury Home sales last month resulting in a 10.8 months supply of available Luxury Homes based on the current sales pace compared to 2.2 months supply for the County as a whole.
of inventory based on the current sales pace. The median price of the 66 homes that closed in the City of Napa in April was $670,000. This is 5% ahead of the median price of the homes closed in April 2017 ($640,000) and it is 2% below the all time high median price ($685,000) recorded in December 2017.
UP VALLEY NAPA COUNTY The inventory of homes and condominiums for sale in the Up Valley Napa AMERICAN CANYON County market (Angwin, Calistoga, Deer There were 18 available homes and condominiums in inventory at the end of Park, Oakville, Rutherford, St. Helena April in American Canyon. This is slightly and Yountville) at the end of April (93) ahead of the inventory a year ago (17) and is 4% below the level of 97 in April 2017 and it is 21% ahead of the level last it is slightly below the supply last month (19). New sales (10) were slightly ahead of month (77). There were 22 new sales in the month compared to 18 a year ago the pace of April 2017 (9) and they were and 17 last month. As anticipated, sales 33% below the pace of last month (15). There is a 1.8 months supply of inventory continued to rebound from a loll from based on the current sales pace. The Days November through February. There is on Market for homes that closed in Amer- now a 4.2 months supply of inventory based on the current sales pace. The Days ican Canyon last month was 33 days. on Market for the 15 closings last month This is a very quick selling cycle. The median price of the 15 homes that closed was 99 days. Approximately 57% of the in American Canyon in April ($525,000) Luxury Market inventory (price in excess was about 1% below the median price of a of $2,500,000) in Napa County is in the year ago ($530,000). The median price in Up Valley Market (37 homes). There were five new luxury home (price in excess of April 2010 was $305,000. $2,500,000) sales in the Up Valley Market last month. This is out of six total luxury NAPA sales for the County. The luxury market There were 134 available homes and condominiums in inventory at the end of is showing signs of health in the Up Valley Market. April in the City of Napa. This is 25% lower than the inventory a year ago (178) Gerrett Snedaker, CRB, is a Broker/Partand it is 5% ahead of the supply last month (128). New sales (84) were 17% ner with Better Homes and Gardens Real below the pace of April 2017 (101) and Estate|Wine Country Group. Contact they were 17% ahead of the pace of last Gerrett at gerry.snedaker@winecounmonth (72). There is a 1.7 months supply trygroup.com or 707-939-2009
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Greenfield Road | St. Helena
Offered for $990,000
Welcome to this 76+/- acre parcel of land on Greenfield Road. This offering includes several potential building sites, two water wells and an exquisitely beautiful setting with uninterrupted southwesterly views of the Napa Valley and beyond! Featuring end-of the road privacy, panoramic views and full day sun, just minutes from downtown St. Helena and popular Napa Valley wineries and restaurants! Seller may finance. NapaValleyViews.com
2315 Spring Mountain Road | St. Helena
Price just reduced to $595,000
Located at the north end of town on St. Helena’s coveted west side, this property offers city services and quiet enjoyment yet it’s only minutes to downtown and local services. Mature trees line the Creekside parcel, adjacent Spring Mountain Road. Flat and usable, the building envelope offers easy access for building your dream home in the upper Napa Valley! 2315SpringMountain.com
17330 Black Oak Hill Drive | Middletown
Offered for $385,000
Located just south of Middletown in Lake County, this fantastic property is located in Black Oak Hill Estates, a development offering large parcels of land, many have beautiful, custom farm houses and horse properties with white fenced pastures. 20 acres+/- offering panoramic vistas across the flat lands of the valley to the surrounding purple mountains. Nestled near fine properties just outside town, where shopping and services are available. Water well in place! BlackOakParcel.com
Spanish Valley Trail, Pope Valley
First time on the market in decades! $175,000
Welcome to this 16+/- acre parcel of undeveloped land, located just north of Pope Valley in the Snell Valley area. This corner property stretches up Spanish Valley Trail and has a seasonal creek that runs through it, offering a tranquil place to enjoy nature. A natural meadow adjacent the creek gently slopes uphill into the oak groves, offering shaded retreat from the warm Pope Valley weather. Near Lake Berryessa and water activities. SpanishValleyLand.com
Coming Soon – 10 acres | Pope Canyon Road Vast mountain and valley views – and the ridges beyond, are yours to enjoy. Set apart from the mainstream Napa Valley, you ‘ll find this private, modestly developed property. Located on Pope Canyon Road and just minutes to Lake Berryessa, the land is used for recreation and offers potential for development of a full-time residence. Or, keep it as a cabin getaway! Developed spring water, storage tanks, small ag building and budding gardens complete the current picture. PG&E nearby. pacificunion.com/agents/9691-Nancy-Meacham.com Nancy Meacham Broker Associate 707 965 0901 707 477 4679 nancy.meacham@pacunion.com pacunion.com License # 01005763
Offered for $218,000
Luxury Service for Country Properties 1575 Aetna Springs Road, Pope Valley Offered at $1,225,000 This modern home has 2 bedrooms and 2 baths, and is located on the desirable Aetna Springs Road in Pope Valley. The 20+/- acres of gorgeous land offers a large meadow, 120 producing olive trees, a cold storage shed and fenced garden for home grown veggies. There is plenty of room to hike and play, and the simple, comfortable home features a full-length deck where the stunning, close-in views of Aetna Springs’ vineyard can be enjoyed from dawn to dusk! Room for a pool and zoned for a larger home. PopeValleyBliss.com
2200 Stagecoach Canyon Road, Pope Valley Offered at $284,000 Updated 3 bedroom, 2 bath Berryessa Estates home! Kitchen has oak style cabinetry and built-in wine glass storage, Berber carpeting, free standing fireplace. Wood beams & skylights in the bathrooms add a custom touch. Two expansive rear decks and brick outdoor patio area with fire pit. Sit on your deck and enjoy beautiful mountain and canyon views! Greenhouse and raised garden beds, 2 car garage, carport, and basement shop! Near the lake, offering boating, fishing & swimming, picnics. NapaCountryHome.com
2590 Harness Drive, Pope Valley Offered at $218,000 Nice home built in 2006, 3 spacious bedrooms, 2 full baths, open floor plan. Attractive laminate flooring in the entry, kitchen & dining areas. Gas range, built-in microwave and maple cabinetry highlighted by recessed lighting. Center island with breakfast bar, Maytag appliances included. Central heating and A/C, energy efficient windows. Indoor laundry room. Parcel size is .35 acres. Enjoy serene mountain views from the private rear deck, near the water for fishing, boating & summer fun! HereByTheLake.com
Nancy Meacham Broker Associate 707 965 0901 707 477 4679 nancy.meacham@pacunion.com pacunion.com License # 01005763
Shopping for a
mortgage
Brandpoint
BRANDPOINT
5 questions to ask
B
uying a home is a major financial commitment. It’s exciting, but can also be confusing and overwhelming. Choosing the best mortgage that fits your needs is an important first step and firsttime homebuyers in particular should research the many options and know the right questions to ask. Here are some questions to ask a lender that will help you make an informed mortgage decision: HOW MUCH CAN I AFFORD? A home affordability calculator can help you get an idea of what you may be able to afford and keep your monthly payments within your budget. In addition to recurring expenses like car payments, student loans, credit cards and disposable income, be sure to consider other monthly expenses related to the new home, like association fees, homeowners’ insurance, utilities and property taxes. Further, some types of mortgages have firm eligibility cutoffs related to the ratio between a buyer’s
58 — Distinctive Properties
total debt amounts and their WHAT IS THE INTEREST monthly income. RATE AND IS IT FIXED? Most first-time homebuyers go HOW MUCH DO I NEED with a 30-year fixed-rate mortgage, FOR A DOWN PAYMENT? which locks you into an interIt’s a common misconception est rate with steady, predictable that a 20 percent down payment payments. Different lenders may is required to buy a home. Let’s offer different rates, so make sure face it, a 20 percent down pay- to contact several lenders to ensure ment is a lot of money, and often you’re getting the best option availthe largest obstacle for homeown- able in the market. A rate lock proership, especially for first-time tects you from rising interest rates buyers. You can qualify for a while the loan is being processed conventional mortgage with as and lasts for a specific amount of little as 3 percent down. Conven- time. In addition, make sure you tional mortgages originated with know whether the rate is fixed or a low down payment, which is “adjustable.” Adjustable rate mortdefined as less than 20 percent, gages, commonly referred to as require private mortgage insur- “ARMs,” result in periodic adjustance (MI) until approximately ments in the interest rate based on 20 percent equity is established the lender’s cost of credit, and can through either monthly pay- be detrimental to homeowners in ments or home price apprecia- rising interest rate environments. tion. When mortgage insurance Finally, ask if you are paying for cancels, your monthly mortgage “points” to reduce the interest rate. bill is reduced. It is important to It’s an added upfront cost paid at know that not all forms of MI closing, but it results in a lower are created equal—private mort- rate for the life of the loan. gage insurance is temporary and cancelable but the overwhelming DOES MY CREDIT majority of mortgages backed SCORE MATTER? by the government’s Federal Yes, generally stronger credit Housing Administration (FHA) scores (FICO 720 and above) contain insurance that cannot come with better interest rates, be canceled. but fortunately there are mortgage
options for those with imperfect credit scores too. When you apply for a mortgage, your credit record is used to help determine your approval and mortgage terms, but it is not the only thing lenders consider. A lender will also look at your debt-to-income (DTI) ratio, cash reserves and other factors to help gauge your overall creditworthiness. SHOULD I GET PREAPPROVED FOR A MORTGAGE? Yes. Pre-approval means you receive a conditional commitment from a lender up to a specific loan amount. In a seller’s market with tight housing supply, being pre-approved demonstrates that you are a serious buyer with access to mortgage financing. To become pre-approved, you’ll provide your lender with information on your income, assets, debts and credit history to analyze your financial profile and determine your creditworthiness and amount you can borrow to purchase a home. Make sure to know your options and choose the one that works for you. Check out lowdownpaymentfacts.org to learn more.
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To learn more about how to get the best vision in Napa Valley call 707.934.3151 or visit napaeye.com June 2018 – 59
We Offer the Most Comprehensive Home Search Web Site in Napa County! www.NapaValleyRegister.com/Homes
NAPA COUNTY’S MOST RECENT HOME SALES * ADDRESS
RECORD DATE
SALE PRICE
BED BATH SQ FT
Single Family
American Canyon 147 BURGESS CT 62 SIERRA VISTA 141 RIO DEL MAR 28 CORVINA WAY 703 CAPRA DR 136 W CAROLYN DR 104 REED DR 307 PATRICIA DR 44 MELVIN RD 114 RIO DEL MAR 158 ENTRADA CIR 65 CRAWFORD WAY 10 PIENZA DR 35 SEQUOIA GROVE WAY 35 VIA MARCIANA 512 GRANITE SPRINGS WAY 22 CONDOR CT 42 VIA BELLAGIO 14 GOLDENEYE CT 11 ENTRADA CIR 11 MOSAIC CT 223 CANTADA WAY
3/29 3/23 4/3 4/12 3/29 4/5 4/6 4/6 3/26 4/5 4/18 4/2 3/27 3/21 4/16 3/29 3/29 4/4 3/26 4/12 3/22 3/29
$230,000 $317,000 $318,500 $350,000 $383,000 $405,000 $412,500 $414,000 $415,000 $415,000 $575,000 $580,000 $589,000 $632,000 $645,000 $653,000 $660,000 $660,000 $700,500 $720,000 $735,000 $756,000
2 3 3 3 3 3 3 3 3 3 3 4 4 4 4 4 4 4 4 4 6 5
4/16
$770,000
3
1,056 1,100 987 1,351 1,256 875 1,024 1,134 1,608 1,537 1,924 1,982 2,126 2,498 2,888 2,997 2,433 2,888 2,877 3,528 3,727 4,525
1988 1955 1955 2006 1968 1956 1971 1968 1977 1954 2003 1988 2002 2005 2003 2004 2001 2003 2004 2004 2007 2008
2
1,696
1994
Single Family
Napa 1037 LA QUINTA CT 1039 LA QUINTA CT 509 MINAHEN ST 92 LUGO LN 1671 G ST 125 S COOMBS ST 186 DE WITT AVE 2180 PARRISH RD 2129 RUSSELL ST 2210 CAROL DR 1325 RUBICON ST 934 CLINTON ST 1181 LONDON WAY 47 GLENWOOD DR 1594 CINNAMOND ST 198 ARBOREO ST 3054 STADIUM AVE 282 S HARTSON ST 419 FIRST ST 120 FAIRVIEW DR 3620 DOVER ST 2507 LINDA VISTA AVE 107 MALLARD DR 3517 BECKWORTH DR 4404 MOFFITT DR
2 2 1 3 2 1 1 2 2 2 2 3 3 3 3 4 2 3 3 3 5 4
Single Family
Calistoga 1907 EMERALD DR
YR BLT
10/18 10/18 2/21 4/2 4/4 4/2 4/10 4/12 4/4 4/18 3/23 3/22 4/18 4/10 3/27 3/29 4/6 4/6 3/29 3/29 3/23 4/13 4/2 3/27 4/5
$20,000 $25,000 $139,000 $278,500 $395,000 $420,000 $452,000 $470,000 $472,500 $488,000 $490,000 $500,000 $509,000 $512,000 $520,000 $520,000 $549,000 $550,000 $550,000 $550,000 $575,000 $585,000 $585,000 $589,000 $595,000
3 3 3 2 1 3 2 2 3 3 3 2 4 3 3 2 3 3 2 2 3 3 3 3 3
2 2 3 1 1 1 1 1 2 2 2 1 2 1 1 1 2 1 1 1 2 2 2 2 2
2,429 2,973 1,737 839 660 1,035 1,013 1,118 1,056 1,134 1,189 847 1,060 1,053 962 725 1,408 1,056 834 938 1,186 1,441 1,250 1,079 1,100
1980 1986 1962 1994 1925 1952 1941 1952 1956 1957 1956 1890 1954 1952 1950 1952 1962 1941 1915 1942 1958 1958 1994 1956 1968
ADDRESS 1263 REGINA DR
RECORD DATE
SALE PRICE
BED BATH SQ FT
YR BLT
4/4
$610,000
3
2
1,161
1962
4197 BURGUNDY WAY
4/13
$612,000
3
2
1,166
1973
2084 DEVONSHIRE DR
4/5
$620,000
3
2
1,336
1993
4124 MATARO ST
3/21
$620,000
3
2
1,447
1975
2015 LERNHART ST
3/22
$630,000
3
1
1,110
1954
4/4
$650,000
2
1
858
1902
1917 WAVERLY ST
4/16
$665,000
3
2
1,779
1960
1219 DAFFODIL DR
4/3
$670,000
3
2
1,728
1980
76 HARVARD LN
3/28
$674,000
3
3
2,043
1957
3253 VON UHLIT RANCH RD
4/13
$675,000
3
3
1,853
2004
1006 WESTVIEW DR
3/22
$696,000
3
2
1,520
1964
2150 W PUEBLO AVE
3/29
$700,000
1
1
760
1952
987 LIBERTY DR
4/9
$705,000
3
2
1,672
1992
115 MACINNES CT
4/2
$750,000
2
1
1,814
1953
131 SUMMERBROOKE CIR
4/11
$765,000
3
3
2,181
1999
2421 W PARK AVE
3/23
$771,500
4
3
2,735
1972
1000 STONYBROOK DR
3/27
$785,000
4
3
1,876
1967
1941 OAK ST
4/12
$798,000
2
2
1,217
1920
4109 PRIMROSE WAY
3/29
$799,000
4
3
1,919
1991
2572 ROLLINGWOOD DR
3/29
$835,000
3
2
1,826
1965
4/6
$842,000
2
2
1,662
1871
217 COLE RANCH CT
3/27
$850,000
3
3
2,130
2008
17 BLUE JAY CT
4/16
$860,000
4
2
2,003
1986
205 OLD VINE WAY
3/27
$880,000
3
3
2,065
2002
217 BUTTERCUP CT
4/3
$889,000
4
3
2,486
2012
4/18
$923,000
3
4
2,485
2004
4/9
$950,000
3
3
2,339
1982
4/11
$965,000
4
4
2,730
2007
4/6
$1,065,000
2
2
1,101
1910
3/29
$1,070,000
4
3
3,239
2000
1116 WINE COUNTRY AVE
4/3
$1,162,500
4
3
2,030
1965
2176 MONTICELLO RD
4/6
$1,225,000
3
2
2,665
1880
2133 FIRST ST
4/16
$1,235,000
4
2
1,903
1892
1033 STONEBRIDGE DR
4/12
$1,300,000
4
3
2,396
1984
4/2
$1,395,000
4
4
3,028
2009
1117 WESTVIEW DR
4/16
$1,400,000
5
3
2,803
1992
1515 MAXWELL AVE
4/18
$1,625,000
2
3
2,638
1996
428 WILSON ST
1733 PINE ST
127 MACINNES CT 4301 LINDA VISTA AVE 242 BUTTERCUP CT 1076 SILVERADO TRL 19 BUHMAN CT
3708 BEARTOOTH LN
Single Family
St Helena 1440 WALLIS CT
4/16
$400,000
1
1
1,345
1981
901 SIGNORELLI CIR
4/6
$829,000
3
3
1,340
1998
1114 CHURCH ST
4/4
$1,100,000
5
3
1,452
1880
4/12
$1,665,000
2
2
1,426
1933
4/3
$1,675,000
2
2
1,590
1880
3/29
$1,750,000
4
3
2,091
1880
1340 PINE ST 2300 SPRING MOUNTAIN RD 1296 HUDSON AVE
Single Family
Yountville 24 LANDE WAY
3/23
$808,000
2
2
1,069
1997
1894 LARKSPUR ST
4/18
$860,000
3
1
1,188
1973
18 LANDE WAY
3/26
$895,000
2
2
1,069
1997
*As recorded at the Napa County Tax Assessors Office / John Tuteur (707) 253-4459 / Property sales reported may include partial interest transfers; sales that are included with other properties; sales that are less any liens on property.
www.NapaValleyRegister.com/Homes
architecturally redesigned in loft fashion in the heart of Oakville. Plank floors, sliding barn door, high tech kitchen, French doors; truly a hidden gem. The deck, patio and arbor area are perfect for sunning and grilling.
investment in your absence. Enjoy your own turnkey vacation place with all the amenities; from dining and libations to relaxing poolside in your own back yard. And all of this, at your fingertips!
original pine floors; the kind that make you want to go barefoot, a kitchen for the home chef, or dine in the back yard under the Pergola with a warm fire at a table that seats eight. Enjoy the warm sunny mornings on the deck.
Turnkey Vacation Getaway and More! 1314 Mckinstry Street #3075 | Napa
859A Pratt FOR LEASE $3,000 Per Mo. L/T Custom two-story home located on one of Saint 1390 Garden Ave. streets. FOR LEASE Helena's most desirable Two bedrooms with private baths areL/T located downstairs. $3,500 Per Mo. Upstairs stylish living area hardwood This 2 BRis1 aBA bungalow offerswith all the classic floors, quarter bath plus kitchen which is craftsman details including a wood-burning beautifully appointed with counter fireplace, eat-in kitchen andgranite original oak floors. tops and a professional range. The private and spacious lot features vineyard views, a uniquely designed pergola. Converted garage can be used as a workshop or studio. Potential awaits with this St. Helena charmer.
Offered for $589,000
Best of both worlds at the Westin Hotel. Not only a vacation getaway but money to be made as an absence. Come 1148 Lodi Lane FORenjoy LEASEyour own 1380 Yount Mill Roadinvestment FOR LEASE in your Fully Furnished $15,000 Mo. L/T Available April &– May 2018turn-key condo with all the amenitiesPer included. Lease: Elegance at its finest. Walk into this The Cinderella House for lease. Not your usual 2555 Madrona Ave. Saint Helena 3 BD 3.5to BA relaxing home and relish in the dining libations poolside at Farmhouse but one that youFrom would be proud and grand soothing color tones and outstanding vineyard FOR Mo. to pull LEASE up in your$5,000 horse andPer buggy forL/T an view. Serenade your loved ones with the baby your Allgrand of this in your own backyard! enchanting Whimsical warm Unique and evening. artsy custom built 2and BR fingertips. 4 BA home or grab a good book and enjoy a relaxing thislease 3 BR with 3 BA20 plus entertainment room for for foot open beamed ceilings, overflow windows, guests willskylights, charm you into wanting transom hardwood floors to never leave.screened in doors lending to and shuttered natural ventilation throughout spacious rooms. Lease includes, Refrigerator, W/D, garbage service, shared well and garden upkeep.
afternoon on the deck sipping mint juleps. The lovely HD floors add to the warmth of this home.
homesbuybobbin.com
Bobbin Willcutt Realtor 707.479.1225 bobbin.willcutt@pacunion.com www.homesbuybobbin.com License # 00665680
7759 Saint Helena Hwy S. Oakville FOR LEASE $3,950 Per Mo. L/T "Old World Charm Meets New Wave". Chic 1940's 2 BR 1.5 BA Cottage has been architecturally redesigned in loft fashion in the heart of Oakville. Plank floors, sliding barn door, high tech kitchen, French doors; truly a hidden gem. The deck, patio and arbor area are perfect for sunning and grilling.
License # 01866771
1314 McKinstry Unit 3075 at the Westin FOR SALE Asking $600,000 Best of both worlds at the Westin. Not only a vacation getaway but $ to be made as an investment in your absence. Enjoy your own turnkey vacation place with all the amenities; from dining and libations to relaxing poolside in your own back yard. And all of this, at your fingertips!
Commanding view of the Napa Valley 130 Auberge Road | St. Helena
1390 Garden Ave. FOR LEASE $3,500 Per Mo. L/T This 2 BR 1 BA bungalow offers all the classic craftsman details including a wood-burning fireplace, eat-in kitchen and original oak floors. The private and spacious lot features vineyard views, a uniquely designed pergola. Converted garage can be used as a workshop or studio. Potential awaits with this St. Helena charmer.
1740 Main Street Cottage FOR LEASE $5,500 Per Mo. L/T All the comforts of home in this charming fully furnished cottage off Main Street. Warm inviting original pine floors; the kind that make you want to go barefoot, a kitchen for the home chef, or dine in the back yard under the Pergola with a warm fire at a table that seats eight. Enjoy the warm sunny mornings on the deck.
Offered at $6,500,000
Perched proudly on almost a 40 acre hillside overlooking the Napa Valley this extremely private and desirable addresses is situated above Auberge du Soleil. French style estate takes advantages of the views from every room in the home with 5 ensuite bedrooms, large living room perfect for entertaining and family room off the kitchen. Gazebo with a partial outdoor kitchen, an infinity pool/spa and a huge fitness studio complete with a steam and massage room are a few other highlights of this one 2555 Madrona Ave. Saint Helena of kind property. Ponder the possibilities! FOR LEASE $5,000 Per Mo. L/T Unique and artsy custom built 2 BR 4 BA home for lease with 20 foot open www.julielarsen.com beamed ceilings, transom windows, skylights, hardwood floors and shuttered screened in doors lending to natural ventilation throughout spacious rooms. Lease includes, Refrigerator, W/D, garbage service, shared well and garden upkeep.
Julie Larsen Bobbin Broker Willcutt Associate Realtor 707 260 4663
707.479.1225 julie.larsen@pacunion.com bobbin.willcutt@pacunion.com julielarsen.com www.homesbuybobbin.com License # 01194150 License # 00665680
License # 01866771
June 2018 – 61
homelessness.” The report cited homeless population increases from 2016 to 2017 and found a 47% increase in Sacramento County, 36 % in Alabuy a local meda County and 13% in Santa Clara County. These numbers are home, what consistent with major increases does the future hold described in San Francisco, San for wage/housing of the Diego, Honolulu, Seattle and 72% of our citizens who likely in our own community fall below this threshold? Some insight to the answer of Napa. Viewed as a progression houscomes from the findings ing from homelessness to home of a public policy group ownership each community, called Next 10 that were including our own Napa Valley, highlighted in a recent is working the wage/housing gap San Francisco ChroniCHARLES BOGUE and creating living opportunities cle editorial. on all levels of the economic Citing the inequalities n a report released on May income of spectrum. Sadly, the Housing and in wages and housing 15th, the California Associ- $140,550 for that Urban Development Section 8 in California the report ation of Realtors stated that purchase leaving Rental Voucher Program has not noted that “from 2011 to “higher wages and lower seasonal the remaining had increased funding since the 2016, California added a home prices combined to push 72% of the recession and the City of Napa net of just 209 new housCalifornia’s housing affordability population unable Housing Division has over 2400 ing units for every 1,000 higher in the first quarter of 2018, to qualify. applicants awaiting assistance and new residents.” The study compared to the previous quarter”. The same analyis no longer taking applicants. As concluded that “the major The percentage of home sis viewed on the state level losers from this failure have been the need grows the current fedbuyers who could afford to purwould provide a more affordable California’s low-income workers. eral administration is proceeding chase a median-priced, existing minimum annual income of While the number of low-income to cut the budget for the program single-family home in California $111,500 to qualify for the and raise the requirements on jobs has increased significantly in first-quarter 2018 edged up to purchase of a $538,640 meditenant payment and qualification. over the past several years, the 31 percent from 29 percent in an-priced, existing single-family It is unknown when or even wages offered for those jobs has the fourth quarter of 2017 but home in the first quarter of 2018. not. The result is a smaller and if the political will, increased was down from 32 percent in the The monthly payment, including smaller share of Californians who wages and economic resources first quarter a year ago, according taxes and insurance on a 30-year, are able to afford a basic cost of will increase sufficiently to satisfy to C.A.R.’s Traditional Housing fixed-rate loan, would be $2,790, living in the state.” the housing needs of our society. Affordability Index (HAI). assuming a 20 percent down payThe 72% of Napans whose The growth in our regional Napa County reporting ment and an effective composite and Napa economy has not been income falls below that needed echoed these findings with the interest rate of 4.44 percent up to buy a home will continue to matched with similar growth in number of home buyers able to from the effective composite wages and housing opportunities find shelter as they can. The 28% afford a home locally increased to interest rate in fourth-quarter for low wage earners. The local who are able to afford a home 28% in the first quarter of 2018 2017 which was 4.17 percent and rental market was below 2% in our community might heed from 24% in the first quarter of 4.36 percent in the first quarter vacancy, even before the displaced the following from the Chronicle 2017 and 25% in the last quarter of 2017. fire victims, and rents have Editorial: “Since a healthy econof 2017. The comparison of these increased dramatically forcing omy depends on participation This optimism of increased regional housing/income differtenants to accept longer comfrom workers at every wage level, affordability is tempered when ences provide evidence explaining mutes or job relocation. A second this fact (housing inequality) you consider that the economic the migration of retirees to study group, The California should alarm even the wealthiest segment of our community areas of lower housing costs and Housing Partnership, was cited Californians.” that falls within the 28% is why home buyers are willing to in the Chronicle Editorial had Charles Bogue is a broker with purchasing a Napa home at a commute to retain their higher found that “a dramatic loss of median price of $679,000 with a paying jobs. state funding for affordable hous- Coldwell Banker Brokers of the monthly payment of $3,510 for Turning from the 28% of the ing and substantial increases in Valley in Napa, where he offers loan principal and interest, taxes members of our Napa Commuthe percentage of lower income real estate marketing services as and insurance. This calculates to nity that are able to meet the earners spent on increased rents the CB Team. Phone: 486-5511, a minimum qualified household $140,000 income requirement to led to enormous increases in e-mail: cbnapa@napanet.net.
Housing
affordability: A mixed message
I
62 — Distinctive Properties
Custom Contemporary with Views Prepare to be wowed! An architectural masterpiece! Exclusive gated Hagen Oaks Estates custom home with amazing views over the Napa Valley to the mountains beyond and as far north as Mt. St. Helena. Architecturally designed open concept with walls of glass extending the living space to the inviting outdoor areas for entertaining or just relaxing and soaking in the beauty of the wine country. The property features 4 bedrooms and 4 bathrooms, approximately 3,500 square feet on approximately 1.04 acres. 3 Car garage with elevator access to the main level. Beautiful wood floors, gas fireplace, and soaring ceilings. The island kitchen features a built-in refrigerator and 6 burner Wolf Range. Designed to accommodate the most lavish entertaining, as well as the enjoyment of absolute serenity.
Carolyn Roberts
Offered at $2,995,000
BROKER/OWNER 707-258-5248 (Dir) 707-953-1798 (Cel) croberts99@aol.com www.CarolynRoberts.com N A P A • S T . H E L E N A
cbnapavalley.com
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S O N O M A
780 Trancas Street, Napa, CA 707-255-0845 | HeritageSIR.com HeritageSIRblog.com
Picturesque Stage Coach Valley
A rare opportunity to own your own micro Napa Valley! 20 ± acre property with 4 ± acres of Bordeaux varietals and an additional 4 ± acres available to be planted. Amenities abound including a pond, a tennis court, a relaxing swimming pool and a bocce ball court. Extensive grounds and gardens for perfect wine country entertaining. A captivating old stage coach stop is ready to serve as a future wine pavilion! Potential for a wine cave. Property is situated adjacent to high end wineries, and is only minutes to all the excellent shopping, restaurants and wine tasting that downtown Napa has to offer. Please call to arrange your private tour of the exciting property.
Offered $3,995,000
Napa Valley Estate
This remodeled, updated 3BD/3BA property has IT ALL for enjoying life in the Wine Country! Light and bright floorplan. Island kitchen and abundant windows. Impeccable grounds, inground pool, bocce ball, lush lawns and gardens. 100 vine Bordeaux vineyard! Detached office/game room is all part of this wonderful Napa Valley Estate. Only minutes to Silverado CC and downtown Napa.
Offered at $2,175,000
New Construction
One of five newly constructed homes within Skyline Oaks. A private enclave of designer homes at the edge of the Napa City limits, all with vineyard and mountain views! This model offers a first floor master suite, junior second suite plus loft area. A large great room, island kitchen and abundant windows with glass doors opening to the rear deck and side patios, bringing in the expansive views.
Offered at $1,079,000
Measuring Our Success By....The People We Help Brian Gross
707-337-3689 CalBRE# 01908361
For all Napa listings go to
SilveradoHomes.org
Gary Rose
707-256-2147 CalBRE# 00940226