Remember Pacaso, the luxury real-estate company that was getting some rural Healdsburg residents pretty riled up a couple years back for “marketing second home ownership opportunities using a timeshare model in unincorporated Dry Creek Valley,” according to the Healdsburg Tribune? Well, it looks like Pacaso is still at it: They listed at least one share of a mansion along West Dry Creek Road around two weeks ago. Each share of the home, which they’re calling “The Hollow,” is worth $840,000. And according to Pacaso’s website, another eight-share property called “Olive Grove” was recently sold to buyers around four miles north on West Dry Creek. Part of the appeal for buyers is that Pacaso also furnishes and manages these shared homes. Back when the local controversy started, the president of the Dry Creek Valley Association warned that “the very fabric of our valley, our agricultural roots [and] rural and social landscape are diminished by the intrusion of Pacaso’s for-profit business.” The billion-dollar company has since expanded into communities all across the U.S., getting similar pushback in some. Most of Pacaso’s properties in our region are now in the Napa Valley, but it looks like they’re still dabbling in Healdsburg. (Redfin & Pacaso & Paper City & Healdsburg Tribune)
