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Rarely does an investment opportunity of this caliber emerge on Cedar Street—universally recognized as Calistoga’s most coveted residential corridor. Situated on a prime 7,248 sq. ft. corner lot just blocks from vibrant downtown dining, shopping, and tasting rooms, this iconic 1890 Queen Anne Victorian is perfectly positioned at the epicenter of Napa Valley’s ongoing luxury transformation (anchored by Solage, Four Seasons, Indian Springs, and the upcoming 118-acre Rosewood Calistoga estate).
Unrivaled Financial Advantage: Assumable Loan at 5.625%
In today’s market, where standard 30-year rates hover around 7.5%, this property features an assumable loan of approximately $895,000 at a 5.625% interest rate. This low-rate financing delivers massive ongoing monthly savings and creates extraordinary equity efficiency for an incoming buyer.
Significant Construction Capital Already Invested
Save months of labor and bypass modern supply-chain friction. The essential structural, infrastructure, and demo work is already completed:
Demolition & Structural: 100% Complete.
Rough Framing: 90% Complete, featuring optimized layouts for luxury kitchen and bath suites.
Plumbing Infrastructure: 90% Complete, including all-new copper supply and drain lines.
Electrical Modernization: 60% Complete (rough-in established & ready for new panel).
ADU Expansion Potential: Ample space to convert the existing garage/storage footprint into a high-yield accessory dwelling unit.
$40,000+ In Staged Ultra-Luxury Materials Included On-Site
To protect your margins from inflation, key high-end finish materials are procured and staged on-site for immediate installation:
Authentic Waterworks luxury fixtures package (90% on-site), including a standalone soaking tub.
Premium tile package and owner-supplied architectural build finishes.
75% of designer kitchen and bath hardware ready for trades.
Whether you are an experienced contractor seeking a flagship finish-out or a savvy investor looking to capture upside in a world-class wine country enclave, this property represents the ultimate head start.
I would love to help you see this beautiful home! As a full-service brokerage, I can help you tour. Please submit an offer, and answer questions about the buying process.
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