As we first outlined back in January:
Built for the famed San Francisco restaurateur, Pat Kuleto, in 1995, the 6,000-square-foot “Villa Cucina” sits on 40 acres of prime wine country land, 4.5 acres of which are planted with mature Cabernet, Zinfadel and Muscat vines.
As one would expect, the centerpiece of the rustic five-bedroom home is an oversized kitchen designed by Kuleto, outfitted with commercial grade appliances, an indoor grill, a pizza oven and plenty of counter space. There’s another pizza oven, bar and dining area outdoors, along with an infinity edge pool and big Napa Valley views.
And having hit the market priced at $8.499 million [last year], reduced to $7.999 million [last] July and then to $6.999 million in October, the list price for the Villa at 2460 Sage Canyon Road in St. Helena has just been reduced to $6.15 million, down $2.349 million (28 percent) from its original ask.
The list price for “Villa Cucina” was further reduced to $5.999 million this past March. And as of yesterday, the official list price for the property, a sale at which would be considered to be “at asking,” has been dropped to $5.699 million, which is now 32.9 percent below its original asking price.
Very unique beautiful property wish I had the funds!
Napa buyers now prefer modern architecture or the Howard Backen-style farmhouse look. Terra cotta roof tiles and Tuscan architecture is out,
I think such would be a fire hazard: remember Confucius say “a trendy fool and his all-risks policy are soon parted”
Both of you are correct. Uber modern is in and fire zone living is out.
UPDATE: The list price for “Villa Cucina” has just been reduced another $199,000 to $5.5 million, a sale at which would now be considered to be “at asking” according to all industry stats and aggregate reports (versus 35.3 percent below its original list price).
UPDATE: Restaurateur’s Wine County Estate Now Listed for Over 40% Less