The car goes to the valet. The groceries are already in the kitchen, the wine is up from storage, and the bay is in the window. On the way out, there is nothing to close up.

A place in the city changes what a trip there can be. Dinner runs as late as it likes. The symphony on a Thursday, a game at Oracle Park, a morning walk along the waterfront to Crissy Field, none of it ending with a long trip home.

Keeping that kind of home usually carries a cost beyond its price. It sits empty for weeks at a time, and the maintenance, security and upkeep continue whether anyone is there or not. Fairmont Heritage Place is organized around that problem. A butler and concierge are on duty around the clock, and the staff plan each stay before an owner arrives.

What separates these residences from a hotel suite is what stays. Owners hold a deed. Their clothes, books and wine wait in storage between visits and are in place when they arrive. Each is a full home of up to 1,800 square feet, with a kitchen and room for family, in a building that keeps the service of a hotel without its turnover.

The setting is the former Ghirardelli chocolate factory on San Francisco’s northern waterfront. Domingo Ghirardelli bought the block in 1893 and moved his chocolate company onto it, adding red-brick buildings over the next two decades. When the company left in the 1960s, the block was expected to be cleared for apartments until a San Francisco family bought it and turned the factory into shops, restaurants and terraces. It reopened in 1964 and is considered the first successful adaptive reuse project in the country. The residences arrived in 2008, set into the original buildings, with exposed brick walls and oversized windows that look across Aquatic Park to Alcatraz and the Golden Gate.

Beyond the residence are an owners’ lounge, a weekly wine and cheese reception, a fitness room, and two terraces with fire pits above the Bay. The square’s restaurants are downstairs.

Ownership is planning a property-wide renovation, aligned with Fairmont’s current global standard. Details are available from the sales team.

There are two ways to own:

• Whole ownership. Two- and three-bedroom condominiums of roughly 1,300 to 1,800 square feet for a year-round city residence. Owners who travel can place the home in the owners’ rental program when it is unoccupied. Residence 411, a top-floor corner two-bedroom, is offered at $1,495,000.

• Fractional ownership. A deeded one-tenth interest with at least 35 days of use each year, from $200,000 for a one-bedroom. Each interest is deeded to a specific residence, and stays are reserved on a floating basis across the building.

Owners can enroll in Accor’s benefits program, which carries Diamond status, a preferred rate at more than 4,500 hotels and resorts, and reciprocal use of other properties.

For additional information and pricing, contact
Curtis Tischler at SagePoint Real Estate Company.

curtis@sagepointre.com

C: 949.395.0553