The boutique Mayacama Terraces, located 120’ from the Healdsburg town square, represents the essence of privacy, exclusivity, elegance and luxury living in Northern California wine country in Northern California wine country. The development consists of just 2 two residences of 5200 sq ft, huge terraces surrounded by planter walls full of flowers and greenery year round, along with fully equipped outside kitchens and wet bars for al fresco dining and entertaining.
Scheduled to open in Q4 of 2025, the Terraces are priced only a notch above the sold-out Montage Harvest development residences at $2350 per foot ($12 M per residence), a notch above the Montage with sales in 2023 at $2200 per ft, which pales in comparison to the elegance and location of the Terraces. Given the very strict zoning regulations in Healdsburg, especially in the downtown district, it is highly unlikely a development similar to the Terraces will ever be duplicated in Healdsburg.
Owners purchasing the 2 residences will receive “Legacy Family” memberships to Mayacama which includes children and grandchildren, subject to approval of the membership committee, as part of the purchase of a residence. Children and grandchildren are full members which certainly enhances the value of the residences that can remain in families for generations as a long term investment, generating rental income that will defray all operating costs producing annual income over the years.
The timing for owners is perfect for customizing the interiors in the next 4-5 months. SB Architects, an internationally renowned San Francisco architectural firm has been selected for the project, that has a first rate team of interior designers who will collaborate with owners to there precise specifications in designing the interiors of the residences.
Rental of the residences provides tax and depreciation deductions that will shelter the majority of annual income reducing the property’s mortgage payments and annual operating costs. It is important to note that the average vacation to wine country is 3-4 days and properties outside the commercial zone in Healdsburg must be rented for a minimum of 30 days, a restriction which does not apply to the Terraces.
The target audience for the rental program are the top private 500 prestigious private clubs west of Chicago who will enjoy golf at Mayacama and private wine tastings in the rooftop garden and at the club hosted by Mayacamas’ 40 vintner members. The Terrace’s is also an ideal venue for the 3000 Bay Area corporations boards of directors meetings and other gatherings of executives for strategic planning meetings etc.
Lastly the Terraces is perfect for affluent families celebrating milestone events such as anniversaries, birthdays, college graduations, are likely to rent the entire INN, with festivities on the rooftop garden as well at Mayacama in the wine cave or the elegant rotunda dining room.
A little known statistic about Sonoma County is that in 2020, Napa County had 3.2 million visitors and Sonoma County 10.3 million visitors. This statistic along with the target audiences gives us confidence that the rental program will be very successful.
If you are unsure about the future of living in San Francisco during these difficult times, the Mayacama Terraces is well positioned as an interim weekend wine country vacation home and upon retirement or work from home, a very special place to enjoy the fruits of your successful business career.
