The Olive tree
Villa L’Olivo is a rare opportunity to buy an old, converted Tuscan farmhouse in the sought after area of Cortona, a few short kilometres from the lively center town of Cortona. Originally part of the estate belonging to Cardinal Passerini, the house was built in the 1800’s and lovingly converted, respecting its noble origins, in the 1980’s by the previous owner, a well known Italian actor and theatre director. Situated on a hillside with panoramic views, the house comprises two buildings (originally a tobacco drying tower and stables) connected by a glass passageway. The house is entered via a large outdoor covered eating and sitting area which enjoys panoramic views of the Tuscan countryside.
The former tobacco drying tower, which can be heated separately during the winter months, comprises a large ground floor kitchen with working fireplace and wc/boiler room, first floor study/library and sitting room and the second floor master bedroom with en-suite bathroom. Each of these rooms enjoys stunning, far reaching views.
The former stables comprise two double bedrooms separated by a large bathroom on the ground floor with a third bedroom and en-suite shower room in the eaves. There is a large ground floor sitting room (with stone fireplace) and dining area with all doors leading into the garden.
L’Olivo is situated in private grounds of one and one half acres (4,300 sq mts) entered via an electronic gate offering added security. With breathtaking views of the valley below, the beautifully maintained gardens and lawn are ideal for parties and indeed sports.
There is a small ivy covered stone building (originally a one horse stable) between the house and the swimming pool, which is currently used as a laundry/storage room. On the lower terrace, there is a large swimming pool and, surrounded by flowering oleander bushes and ancient olive trees, offers the classic Tuscan feel. The land is home to a significant number of olive trees, which produce plenty of oil for almost anybody's needs. The property is within easy walking distance of the lively village of Pergo, with well stocked supermarket and butcher, pizzeria, bar (host to foreigners and Italians, as well as international newspapers), a hardware store and a Relais restaurant and spa hotel Within 6-7 minutes drive you could be walking down the Rugapiana of Cortona, while 10 minutes more takes you to one of two national mainline train stations (Rome-Florence-Milan).
There are caretakers, who also live in Pergo and have been taking care of the property for the past 25 years, who would be at hand to maintain the grounds, swimming pool, prune the olive trees and pick the olives and clean/look after the house when required. Cooking services are also available. This continuity is invaluable if you wish to continue the property’s long and profitable holiday rental history.
With its noble origins and situated in an extremely prestigious and much desired area of Cortona, L’Olivo is the perfect property whether you are looking to purchase a holiday home, permanent home or investment property.