In the 1970s, the Ghilotti family, in collaboration with several other local North Bay families, acquired a 23 acre estate in Yountville, California. They developed the property into two distinctive hotels. The first, Villagio, features 112 rooms and was designed to evoke the charm of a Tuscan village. Adjacent to it, the Vintage Inn offers a more intimate experience with 80 rooms, styled in the tradition of French countryside elegance.
The estate also includes 30,000 square feet of retail space and is home to several Michelin-starred restaurants, further enhancing its reputation as a premier destination in the Napa Valley. The property was sold for $356 million in 2022.
The purchase and development of Yountville in the 1970’s took tremendous vision and commitment. That same vision is seen today as Vero West completes the recent acquisition of the quarry project in Healdsburg. Vero West is excited to continue its focus on generational projects in prime Northern California submarkets.
Sale Price
Vero West acquired and is currently leasing up an 88-acre gravel quarry in Healdsburg to IOS tenants. The team is pursuing entitlements for several phases of residential, mixed-use and hospitality projects. Through a generational relationship, Vero West successfully acquired the site with the favorable seller financing terms below.
This project has the potential to be one of the most luxurious and diverse development opportunities in Sonoma County.
The site has can accommodate 600 homes, a hotel, a community park, entertainment venue and 100,000 SF of luxury retail along the river.
Purchase Price
0% Interest Loan
Est. Entitled Land Value
Project Value
Vero West focuses on large projects in the Northern Bay Area requiring complex entitlements and repositioning. Our pojects are designed and built with respect for the beauty and quality of the region.
We invest in high-quality assets that benefit from the economic resilience of Northern California. We focus on long-term value creation, leveraging strategic improvements and leasing to enhance value for shareholders, stakeholders and our community.
Entitlement, ground-up construction, value add lease-up, or improvements, Joint ventures, complex land topography & environmental challenges
Marin, San Francisco, Santa Rosa, Napa County, Sonoma County, Sacramento, Solano County, Contra Costa County, San Luis Obispo
Multifamily, Single-Family Subdivisions, Industrial, Industrial Outdoor storage
$5M to 75MM
Complex entitlements, ground-up construction, value add lease-ups & environmentally challenging land
Residential, Mixed-Use, Industrial, Self Storage & IOS
Marin, Sonoma, Napa, San Francisco & Solano Counties
Investment Size: $10M to 75M
Hold Period: 5 - 10 years