Nearly 3,000-acre Aetna Springs project in Napa County trades for undisclosed sum
A nearly 3,000-acre planned resort in wine country has traded hands for an undisclosed amount. The Aetna Springs development was one of the last large-scale hospitality developments available in Napa County. Maryland-based Weller Development Partners purchased the project from Mosaic Real Estate Investors with plans to move forward on the proposed development of an upscale resort with a focus on health and wellness.
The 2,870-acre project is located at 1600 Aetna Springs Road in Pope Valley. Plans for a Six Senses resort include 70 guest cottages in a resort village, 18 luxury glamping sites, expansion of existing vineyards and the construction of estate homes. Additional plans include recreational activities on Lake Juliana, a full-service spa, recreation center, restaurants and boutique winery.
“Luxury resort properties have been among the strongest performers throughout the pandemic as travelers sought out high-end amenities in drive-to markets,” Jeff Woolson from CBRE, who represented the buyer and seller, said.