19th Century villa with a 3.5-hectare park

Rieti
Property • 25 room(s) • 7 bed. • 9688 sq ft (900 m²) • Ground floor • ref: 84843344
$1,893,767
Welcome to this extraordinary neoclassical estate in Rieti, Italy, where timeless elegance meets unmatched investment potential. Beyond its historical charm and serene beauty, this meticulously restored property offers a unique opportunity to generate substantial passive income. Whether envisioned as an event venue, boutique hotel, vacation rental, or Michelin-star restaurant, this estate’s size, layout, and location make it a prime candidate for entrepreneurial success. LAYOUT: Nineteenth-century Palace: Spanning 460 square meters, this villa is organized on the ground level, featuring grand spaces like a spacious living room with a fireplace, two additional lounges, a dining area, a generously sized kitchen with a separate entrance, and various utility rooms. Ascending via a elegant wooden staircase, the first floor hosts a total of seven bedrooms and four bathrooms. The villa's principal facade showcases a distinctive neoclassical design, characterized by a central structure flanked by two narrower and lower wings. Notably, the crowning tympanum bears an inscription marking the date A.D./MDCCCXX. Neoclassical Staircase: Nestled at the rear of the majestic neoclassical villa, the panoramic terrace offers a breathtaking vantage point, showcasing a staircase with two striking opposing flights that gracefully descend to the garden below. The Italian garden: In the past, the Italian garden boasted a parterre of meticulously crafted pots, giving rise to vibrant flowerbeds. Today, one can still behold a charming circular fountain at its heart, aligning all the geometric elements. This area serves as a terrace, offering panoramic views of the valley. Descending a few steps in line with the building's facade leads to another tier, adorned with four prominent palm trees and neatly trimmed Vosso hedges enclosing two magnificent magnolia specimens. From this vantage point, one can enjoy a breathtaking vista of the Rieti valley and Mount Terminillo. The Pavilion: this building spanning 440 m2, now functions as a versatile space housing a greenhouse, tool shed, garage, cellar, and oven. In its past life, it served as a tea room and billiard room, evident in the exquisite frescoed ceilings depicting celestial scenes. The building's design is strikingly eclectic, reflecting a romantic neo-Gothic aesthetic. Its layout features a central structure with a double lancet window adorned with pointed arches, flanked by two lower wings housing elegant French windows. This Romanesque church: nestled behind the pavilion the old church presents a unique business opportunity as an event venue. Adorned with a gabled façade, intricate terracotta and stucco bas-relief in the tympanum, and featuring a portico with round arches facing the valley, it exudes historical charm. With its small five-way apse and cylindrical tower, reminiscent of traditional Romanesque architecture, this structure likely served as a sanctuary in its past life, now ripe for transformation into a captivating event space. Temple: This small private chapel boasts a circular layout, complete with a dome and central oculus, resembling a miniature version of the Pantheon in terms of architectural design. Park: The villa resides within a picturesque park atop a hill, surrounded by majestic oaks and elms. Accessible through a gate adjacent to the farmer's farmhouse, a pathway meanders amidst domestic pines, leading up to an obelisk. This obelisk serves as a focal point, marking a right-angle turn guiding the route towards the villa. The pathway traverses a grove populated primarily by oaks, holm oaks, and chestnut trees. HIGHLIGHTS: -Event Venue and Wedding Location: The villa’s stately architecture and stunning grounds make it a natural choice for weddings, corporate events, and exclusive gatherings. The Romanesque church and private chapel on the property add distinctive settings for ceremonies, elevating its appeal. -Boutique Hotel or Vacation Rental: With seven bedrooms, multiple lounges, and panoramic views, the villa is ideally suited for high-end accommodations. Its proximity to Rome and increasing tourism in picturesque Italian regions amplify its potential for significant rental income. -Fine Dining or Michelin-Star Restaurant: The property’s grandeur and romantic gardens provide the perfect backdrop for an upscale dining experience. The pavilion, with its frescoed ceilings, can transform into a unique culinary destination. -Mixed-Use Potential: The pavilion’s eclectic neo-Gothic design and spacious layout also lend themselves to hosting art exhibits, workshops, or wellness retreats, adding additional revenue streams. DON'T MISS this rare chance to combine personal enjoyment with financial prosperity. Schedule a viewing today and explore the limitless possibilities this remarkable property offers.

Spaces

Rooms25
Floors2
Bedrooms7

Surfaces

Living area9688 sq ft (900 m²)
Total12056 sq ft (1120 m²)
Alarm
Barbecue
Garden
Tennis
Washing machine
Wine cellar

Rieti

The agent has not provided the exact address for this property. You can request it here.
Airport
Beach
Convention center
Day care
Doctor
Golf
Highway
Hospital clinic
Lake
Middle school
Movies
Park
Primary school
Public parking
Public pool
Public transport
Sea
Sea port
Shops
Ski slope
Sport center
Supermarket
Taxi
Tennis
Town centre
University
City view
East orientation
Forest view
Garden view
Mountain view
Northeast orientation
Park view
Ski slopes view
Sky view
Southwest orientation
West orientation
TypeHouse
ConditionGood condition
StandingHigh luxury
Construction year1820
Renovation year2024
HeatingRadiator, Individual, Gas
Hot waterBoiler, Individual
Hot water wasteMain drainage
Energy efficiency ratingNo data
Environmental (CO₂) impact ratingNo data