$5M Napa Dream Home Listed For $694K

NAPA, CA — This $5-million residence is listed for $694,375. That is not a typo; it's called joint ownership and it's touted as a new way to attain a second home. We don't know all the details, but our friends at Realtor.com tell us you can own 12.5 percent of this five-bedroom home on 1.4 acres with a pool, bocce ball court, hot tub, home gym, guest house and more.

• Address: , Napa, California
• Price: $694,375
• Square Feet: 3,918
• Bedrooms: 5
• Bathrooms: 4 Baths
• Built: 2018
• Features: There's a new option for second home ownership in the Napa Valley - joint ownership - that delivers all the benefits with fewer complications and expenses. Joint ownership of this dream home available in 12.5% ownership interests. It's hard to know what to love more: the sweeping vineyard and mountain views, the 1.4 acres near downtown Napa, or the home itself, which won the NorCal American Society of Interior Design award in 2019. But there's no need to choose: The Palm is the definition of indoor/outdoor living. The main house features a state-of-the-art kitchen opening to a comfortable dining and living space; a generous master suite, and three en suite guest bedrooms. Large, folding glass Nana walls on parallel sides of the living and dining space maximize the views and create a social, open-air flow. Outside, a large deck leads to the swimming pool, hot tub, bocce court and home gym. The property also includes a guesthouse, perfect for visitors or working remotely.

This listing originally appeared on realtor.com. For more information and photos, click here.