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Investment Highlights

  • Brand new construction; low maintenance
  • Constrained housing market with few new deliveries available
  • Heart of Calistoga; walking to downtown

Executive Summary

DeNova Homes is pleased to present an opportunity to prospective investors for a bulk discounted purchase program for brand new multifamily condo units in the heart of Calistoga and Napa Valley wine country here at Silverado Terrace. Being brand new construction, this opportunity provides for low maintenance in a marketplace severely lacking in new entry level housing opportunities. Silverado Terrace is a refined collection of 50 modern condominiums in the heart of Calistoga, where luxury, convenience, and community come together in perfect harmony. Located in Napa Valley’s serene and scenic wine country, Silverado Terrace offers an unparalleled lifestyle surrounded by Calistoga’s signature hot springs, world-class vineyards, and inviting small-town charm. Whether you are looking for an investment property, weekend retreat, or a place to call home, Silverado Terrace presents thoughtfully designed homes ranging from approximately 751 to 1,488 square feet. These two-bedroom residences offer 2 to 2.5 bathrooms, with select plans featuring an office and tri-level living, all with attached 1-car garages. With stylish designs, efficient layouts, and a location that captures the essence of Napa Valley living, Silverado Terrace invites you to enjoy life at a different pace. Come home to comfort, character, and Calistoga.

Data Room Click Here to Access

4 Units Available

  • Unit
  • Unit Size
  • Condo Use
  • Price
  • NOI
  • Unit Plan 2a
  • 751 SF
  • Flex
  • $516,375 ($687.58/SF)
  • $30,514
Sale Type Investment
Cap Rate 5.91%
No. Parking Spaces 1
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 2 Unit has 2 beds, 2 full baths, 1 car garage as a stacked flat within 2-stories. Ideal rental investment unit for local workforce.
Sale Notes
One unit of four-unit bundle for investor package being offered.
  • Unit Plan 2b
  • 751 SF
  • Flex
  • $516,375 ($687.58/SF)
  • $30,514
Sale Type Investment
Cap Rate 5.91%
No. Parking Spaces 1
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 2 Unit has 2 beds, 2 full baths, 1 car garage as a stacked flat within 2-stories. Ideal rental investment unit for local workforce.
Sale Notes
One unit of four-unit bundle for investor package being offered.
  • Unit Plan 3a
  • 933 SF
  • Flex
  • $535,415 ($573.86/SF)
  • $32,926
Sale Type Investment
Cap Rate 6.15%
No. Parking Spaces 2
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 3 Unit has 2 beds, 2 full baths, 2 car garage (tandem) as a stacked flat within 3-stories. Ideal rental investment unit for local workforce.
Sale Notes
One unit of four-unit bundle for investor package being offered.
  • Unit Plan 3b
  • 933 SF
  • Flex
  • $535,415 ($573.86/SF)
  • $32,926
Sale Type Investment
Cap Rate 6.15%
No. Parking Spaces 2
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 3 Unit has 2 beds, 2 full baths, 2 car garage (tandem) as a stacked flat within 3-stories. Ideal rental investment unit for local workforce.
Sale Notes
One unit of four-unit bundle for investor package being offered.
Unit Unit Size Condo Use Price NOI
Unit Plan 2a 751 SF Flex $516,375 ($687.58/SF) $30,514
Unit Plan 2b 751 SF Flex $516,375 ($687.58/SF) $30,514
Unit Plan 3a 933 SF Flex $535,415 ($573.86/SF) $32,926
Unit Plan 3b 933 SF Flex $535,415 ($573.86/SF) $32,926

Unit Plan 2a

Unit Size
751 SF
Condo Use
Flex
Price
$516,375 ($687.58/SF)
NOI
$30,514

Unit Plan 2b

Unit Size
751 SF
Condo Use
Flex
Price
$516,375 ($687.58/SF)
NOI
$30,514

Unit Plan 3a

Unit Size
933 SF
Condo Use
Flex
Price
$535,415 ($573.86/SF)
NOI
$32,926

Unit Plan 3b

Unit Size
933 SF
Condo Use
Flex
Price
$535,415 ($573.86/SF)
NOI
$32,926

Unit Plan 2a

Unit Size 751 SF
Condo Use Flex
Price $516,375 ($687.58/SF)
NOI $30,514
Sale Type Investment
Cap Rate 5.91%
No. Parking Spaces 1
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 2 Unit has 2 beds, 2 full baths, 1 car garage as a stacked flat within 2-stories. Ideal rental investment unit for local workforce.</li></ul>
Sale Notes
One unit of four-unit bundle for investor package being offered.</li></ul>

Unit Plan 2b

Unit Size 751 SF
Condo Use Flex
Price $516,375 ($687.58/SF)
NOI $30,514
Sale Type Investment
Cap Rate 5.91%
No. Parking Spaces 1
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 2 Unit has 2 beds, 2 full baths, 1 car garage as a stacked flat within 2-stories. Ideal rental investment unit for local workforce.</li></ul>
Sale Notes
One unit of four-unit bundle for investor package being offered.</li></ul>

Unit Plan 3a

Unit Size 933 SF
Condo Use Flex
Price $535,415 ($573.86/SF)
NOI $32,926
Sale Type Investment
Cap Rate 6.15%
No. Parking Spaces 2
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 3 Unit has 2 beds, 2 full baths, 2 car garage (tandem) as a stacked flat within 3-stories. Ideal rental investment unit for local workforce.</li></ul>
Sale Notes
One unit of four-unit bundle for investor package being offered.</li></ul>

Unit Plan 3b

Unit Size 933 SF
Condo Use Flex
Price $535,415 ($573.86/SF)
NOI $32,926
Sale Type Investment
Cap Rate 6.15%
No. Parking Spaces 2
Sale Conditions 1031 Exchange, Bulk/Portfolio Sale
Description
Plan 3 Unit has 2 beds, 2 full baths, 2 car garage (tandem) as a stacked flat within 3-stories. Ideal rental investment unit for local workforce.</li></ul>
Sale Notes
One unit of four-unit bundle for investor package being offered.</li></ul>

Property Facts

The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Total Building Size 3,368 SF
Property Type
Multifamily
  • Multifamily Apartments
Floors 3
Typical Floor Size 1,123 SF
Year Built 2026
Parking Ratio 1.19/1,000 SF

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 2 - 751
2+2 2 - 933
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
  • Listing ID: 41790723

  • Date on Market: 8/18/2026

  • Last Updated:

  • Address: 1440 Grant St, Calistoga, CA 94515

Contact the Sale Advisor

1440 Grant St - Silverado Terrace (Investor Opportunity)

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