Imagine owning a waterfront second home in the City, within a luxury hotel, at a tenth the price. San Francisco’s exorbitant home values and rising hotel prices pose a challenge for those who would consider the city a perfect pied-a-terre, which is why more and more buyers are investing in a private residence club. At 35 nights of annual use, Fairmont Heritage Place, Ghirardelli Square compliments any lifestyle – from opening night at the opera to the first pitch at AT&T Park.
Fairmont Heritage Place, Ghirardelli Square is the only private residence club of its kind in San Francisco. Recognized as the “Best Private Residence Club in North America” by US News Travel, it provides the benefits of home ownership (including two parking spaces), along with concierge and valet services, housecleaning, a fitness center, and other perks without the cost of hundreds of dollars a night—and no noon checkout! Buyers receive deeded ownership on a “fraction” of a property, with zero maintenance and the endless amenities of a luxury hotel and VIP worldwide benefits.
“We could have bought our own apartment in the City, but it definitely wouldn’t have given us the advantages of owning with Fairmont.” Rebecca & Dan, Owners
One-, two-, and three-bedroom luxury residences offer terraces with stunning views of the bay. Each home includes tastefully appointed furnishings from interior designer Sue Firestone. Dark wood floors, exposed brick, and an open floor plan give the main living area a comfortable yet contemporary feel. The entertainment-ready gourmet kitchen features a Sub-Zero refrigerator, Wolf appliances, and built-in glass-front wine refrigerator. Upon arrival, owners can drop off their bags with the butler and stop by the daily late afternoon wine and cheese reception.
Arriving in early March, owners will welcome celebrated chef, Jonathan Waxman’s new restaurant in the Square. Waxman’s will provide room service and a members-only Mustard Terrace menu for owners to enjoy on the private terrace. Chestnut Street favorite, Le Marais, also opened its doors in the Square with a temporary pop up shop in December while renovations are completed of their two-story French bakery and bistro in the famous Apartment House.
Buyers that travel, either for business or pleasure, will especially appreciate the reciprocal ownership arrangement offered by Fairmont. In addition to having allocated time in the City, private residence club owners have exchange privileges with more than 200 Fairmont, Raffles, and Swissotel properties around the world. New York, London, Shanghai, Maui, and many other destinations have a welcome mat ready for any owner.
More individuals are taking advantage of private residence clubs. They want a place of their own without the expense, hassle, and commitment of full ownership.
For additional information and access to the Private Residence Club please contact our Preview Gallery at 900 North Point Street San Francisco, call 415-292-1000 or visit fairmontatghirardelli.com.