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CBRE Brokers Sale of Planned Wine Country Resort

CBRE Brokers Sale of Planned Wine Country Resort

Weller Development Partners has purchased Aetna Springs, a planned 2,870-acre wine country resort in Pope Valley, CA. The property, located in Northern Napa County with producing vineyards, a nine-hole golf course and a swimming hole, traded for a reported $35 million.

CBRE’s Henry Bose, Alex Lee-Bull, Elena Quach, Jeff Woolson, Tom Berry and Morgan Abbott represented the seller, Mosaic Real Estate Investors. “Luxury resort properties have been among the strongest performers throughout the pandemic. Aetna Springs is one of the last large-scale development opportunities in Napa Valley, a rare opportunity for a well-positioned category,” said Woolson.

Development plans include 70 guest cottages in the historic resort village, 18 luxury glamping sites, expansion of existing vineyards, construction of estate homes, a full-service spa, restaurants and recreational activities on nearby Lake Juliana. Weller will continue with plans to develop the property as an upscale resort focusing on health and wellness, operated by Six Senses.


Inside The Story

Weller Development PartnersMosaic Real Estate InvestorsCBRE's Jeff WoolsonSix Senses

About Mark Nieto

Mark comes to ConnectCRE with an extensive background as a business and news reporter in San Francisco radio, as well as 35 years as a traffic reporter on several stations including KGO, KNBR, KCBS and KFRC. As a business reporter, Mark covered the tech world in Silicon Valley where he became familiar with real estate transactions in the hot Bay Area marketplace. He attended San Jose State University with a BA in Radio and TV Broadcasting and currently resides in the Lake Tahoe area where he gets to frequently enjoy all of his favorite activities: Golfing, Fishing, Hiking and Skiing.