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December 4, 2020
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Alchemy Resorts Buys 3,100-Acre Property in Napa County


Alchemy Resorts has acquired Aetna Springs Resort, a 3,100-acre resort property in Napa County’s Pope Valley. The property, situated just 16 miles from downtown St. Helena and 35 miles from the city of Napa, includes approvals for an 80-room resort that integrates a number of historic structures, a winery, vineyards, mineral springs and home sites.

Alchemy Resorts plans to restore this historic property to its original grandeur through the development of a world class luxury resort that showcases Napa’s food and wine combined with leading wellness programs. An historic nine-hole golf course, thoroughly renovated by architect Tom Doak, is part of the project, as well as two large development parcels around Lake Luciana and Turkey Hill.
The terms of the transaction are confidential. Jeff Woolson, Henry Bose, and Mark McDermott of CBRE, along with Hillary Ryan and Pavi Micheli Lawson of Compass, advised the seller.

“This is a historic hospitality site, where generations of families from San Francisco once spent their summers and enjoyed the health benefits from the mineral springs,” said Bose. “As the site is listed on the National Register of Historic Places, part of the entitlements calls for the retention of some of the original structures. It will make for a perfect wine country destination resort. The Pope Valley region as a whole has also seen a surge of investor interest in the vineyard potential.”

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