Country Estate for Sale in Castiglione del Lago

Country estate for sale in Castiglione del Lago. Prestigious 770 sqm late 19th-century estate with restored manor villa, three annexes, lemon house, olive grove, and pool. General Description: Immersed in the tranquil, scenic rolling countryside of Castiglione del Lago, near the western shores of Lake Trasimeno along the natural border between Umbria and Tuscany, we offer for sale an exclusive historic country estate of approximately 770 commercial square meters. The property centers around an imposing late 19th-century manor house, enhanced by a conservative, high-standard renovation that has preserved its noble rural character while integrating the finest modern living comforts. The primary residence is flanked by three expertly restored independent outbuildings: a welcoming guest cottage, a spacious guesthouse arranged into self-contained apartments, and an antique glass-fronted lemon house. The entire residential complex is enclosed within private landscaped grounds featuring a productive olive grove, a sun-drenched swimming pool with solarium, and outdoor living areas, offering a blend of privacy, architectural distinction, and rural tranquility. Interior Description: The interiors of the manor residence stand out for their generous proportions, abundant natural light, and meticulous preservation of period architectural details. The ground floor opens into reception spaces, arranged into double living salons with monumental antique fireplaces, a formal dining room, and an eat-in kitchen designed in traditional Umbrian-Tuscan style with direct access to shaded outdoor porticos. On the upper level, reached via an original stone staircase, the sleeping quarters present elegant master suites complete with private bathrooms and direct access to expansive panoramic terraces overlooking the surrounding fields and gentle slopes descending toward the lake basin. The three independent outbuildings expand the property's accommodations: the guest cottage provides complete autonomy with living room, kitchenette, bedroom, and bathroom; the guest lodge is divided into private apartments finished with premium materials and modern conveniences; the lemon house, featuring expansive glass openings, serves as a winter garden, creative art studio, or wellness lounge. Exterior Description: The estate is nestled within private, fully fenced grounds planted with cypress trees, Mediterranean shrubs, ornamental flowering borders, and a productive olive grove that yields extra virgin olive oil. In a sunny location, a large inground swimming pool is surrounded by stone-paved sunbathing decks and outdoor showers, looking out over the rolling Umbrian landscape. The grounds also feature covered porticos, a shaded dining pergola equipped with a stone barbecue and masonry wood oven for open-air entertaining, rustic terracotta pathways, and a private driveway leading to an expansive vehicle motor court with shaded parking bays for multiple cars. Main Features: Property type: Historic country estate with restored manor house and three detached annexes Commercial surface: Approximately 770 sqm total Cadastral rooms: 22 rooms Buildings layout: Manor residence, guest cottage, multi-apartment guest lodge, and lemon house Bedrooms and suites: Multiple suites and double bedrooms distributed across the residences Bathrooms: Multiple contemporary bathrooms finished with premium materials Living areas: Double formal living salons with historic fireplaces, eat-in kitchen, reception halls Architectural highlights: Exposed stone walls, beamed ceilings, glazed lemon house, panoramic terraces Grounds and park: Fully fenced private landscaped park with productive olive grove and mature cypresses Swimming pool area: Large inground swimming pool with expansive sun deck Outdoor entertaining spaces: Shaded pergolas, covered porticos, and masonry barbecue area Parking: Private gated driveway and expansive parking motor court for multiple vehicles Maintenance condition: Excellent condition with complete conservative restoration Utility Details: The estate is served by independent utility systems designed to handle the substantial volume of the entire residential complex. Household drinking water is supplied via connection to the municipal main water line, supported by a high-yield private artesian well connected to dedicated storage cisterns for automatic garden irrigation and swimming pool management. Independent zoned central heating systems operate in each detached building, powered by high-efficiency condensation boilers and complemented by the heat of antique wood-burning fireplaces. Domestic wastewater discharges into certified autonomous drainage systems conforming to environmental standards. The electrical system is certified, complemented by high-speed broadband internet connectivity suited for remote work and pre-wiring for perimeter security and video surveillance systems. Uses and Potential: With over 770 sqm of covered usable space, four detached buildings, and an idyllic landscape setting, the estate offers significant versatility. It functions as a country residence for families seeking a private retreat minutes from essential amenities, centrally positioned between the art cities of Umbria and Tuscany. Simultaneously, its configuration of independent apartments, detached suites, glass lemon house, and swimming pool makes the complex well suited for a boutique agritourism resort or luxury country house catering to international holidaymakers. Given the strong international demand for Lake Trasimeno and neighboring Sienese destinations, the estate yields estimated gross annual rental returns between 6% and 9%, with potential for hosting intimate weddings, private retreats, and culinary events. Local Real Estate Market: Castiglione del Lago serves as the economic and cultural center of the Lake Trasimeno basin, enjoying close proximity to the Val di Chiana and the province of Siena. Based on data from the Real Estate Market Observatory (OMI) of the Italian Revenue Agency and primary market indexes, standard residential property prices in the municipality average between 1,000 €/sqm and 1,350 €/sqm across residential districts. In contrast, the market segment for restored historic country homes, private estates with parkland, and multi-unit luxury compounds with pools commands prices between 1,800 €/sqm and 2,800 €/sqm, regularly exceeding 1.5 to 2 million euros for properties above 600 to 700 sqm. Proximity to Cortona and Montepulciano maintains interest from international buyers, making properties of this standing a secure real estate investment. Tourist and Historical Information: Castiglione del Lago stands on a limestone promontory over Lake Trasimeno, originally the lake's fourth island before receding waters permanently joined it to the mainland. Settled by the Etruscans and fortified by the Romans along the consular road connecting Chiusi with Perugia, the town reached its architectural peak during the Renaissance under the Della Corgna dukes, marquises of Castiglione del Lago and Chiugi. The town center is crowned by Palazzo della Corgna, designed by Galeazzo Alessi and decorated with Mannerist frescoes by Niccolò Circignani known as Il Pomarancio, connected via a covered fortified walkway to the Rocca del Leone, a pentagonal fortress erected in 1247 by Holy Roman Emperor Frederick II. The municipality lies within the Lake Trasimeno Regional Park, famous for the 217 BC Battle of Lake Trasimeno where Hannibal defeated the Roman legions of Consul Flaminius, and serves as a departure point for ferries to Isola Maggiore and Isola Polvese. Regional gastronomy features local specialties such as the Trasimeno bean (Fagiolina del Trasimeno, a Slow Food presidium), lake fish (pike, perch, and roasted carp queen), Colli del Trasimeno DOC wines, and Umbria Colli del Trasimeno PDO extra virgin olive oil. Distances: Castiglione del Lago historic town center: 4.00 km Lake Trasimeno beaches and marina: 4.50 km Tuoro sul Trasimeno and island ferry harbor: 16.00 km Cortona historic center (Tuscany): 20.00 km Passignano sul Trasimeno: 22.00 km Chiusi (high-speed railway station and A1 motorway tollgate): 22.00 km Montepulciano (renowned for Vino Nobile): 25.00 km Perugia historic city center: 42.00 km Arezzo: 48.00 km Assisi (UNESCO World Heritage Basilicas): 65.00 km Siena (Piazza del Campo): 75.00 km Umbria International Airport San Francesco d'Assisi (Perugia): 50.00 km Florence Amerigo Vespucci International Airport: 135.00 km Rome Fiumicino Leonardo da Vinci International Airport: 205.00 km To learn more about the estate and discover all its wonders, it is necessary to submit a letter of intent (LOI) and identity documents. This process is essential to ensure maximum professionalism, as we address exclusively reliable clients interested in an investment.