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Investor Group Acquires Napa Valley’s Calistoga Ranch

Investor Group Acquires Napa Valley’s Calistoga Ranch

MILL VALLEY, Calif.—Auberge Resorts, a developer and operator of boutique luxury resorts and private clubs, announced the acquisition of the 50-room Calistoga Ranch, the award-winning Napa Valley luxury resort from Olympus Real Estate. Auberge was joined in the acquisition by AJ Capital Partners, based in Chicago; Michael Uytengsu, a founding partner in Tusk Estates; and William P. Foley, founder of Foley Family Wines. Auberge helped develop Calistoga Ranch for Olympus and has operated the resort since its opening in 2004.

“Auberge Resorts has been involved with Calistoga Ranch since it was on the drawing table, and we have been proud to see it acclaimed as one of the best resorts in the world,” said Mark Harmon, CEO, Auberge Resorts. “We are so pleased to add Calistoga Ranch to our portfolio, and we’re excited to have such esteemed partners in this venture who share our commitment to the Napa Valley and to creating an exceptional luxury resort experience in this very special destination.”

Set in a secluded 157-acre canyon in upper Napa Valley, the Calistoga Ranch offers fifty contemporary guest lodges clad in cedar and copper and featuring a series of freestanding rooms connected by expansive trellised decks. The lodges offer an indoor-outdoor lifestyle with forest views, outdoor living rooms, and private outdoor shower gardens. Guests enjoy the Bathhouse spa, where treatments take place in lodges next to a running stream, and the private Lakehouse Restaurant overlooking Lake Lommel. A Cabernet vineyard, wine cave for private celebrations, miles of hiking trails, yoga and meditation deck, fitness center and swimming pool are available for use exclusively by resort guests and owners of the resort’s 25 member lodges.

“We are thrilled about our partnership with Auberge Resorts and look forward to working with Mark Harmon and his team to take Calistoga Ranch to the next level,” stated Bill Foley, CEO of Foley Family Wines. “This was a natural alignment, given our deep ties to the community of Napa Valley.”

The estimated purchase price was $50 million, or over $1 million per room.

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