Château for sale in Radicondoli, 53030, Italy

£16,937,047 (€20,000,000)
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Château for sale - 100 bedrooms

100 100

Property features

  • View : Panoramic, Hills, Greenery, Village, Garden
  • Well
  • Airport (93 km)
  • Town centre (10 km)
  • Shops (10.3 km)
  • Supermarket (9.7 km)

Property description

On the hills of the Sienese countryside, a few kilometers from Radicondoli, the castle of Montingegnoli dominates its surroundings. The imposing estate of the castle covers almost 690 hectares of land and accommodated many buildings for a total of 15,858 sqm of livable surface. The restoration of the buildings would allow creating a luxury boutique hotel (with approximately 90 bedrooms) and several additional residences in its immediate vicinity.
The hotel would also benefit from the vicinity of the most beautiful cities of Tuscany such as Florence, Siena, San Gimignano, Volterra and Pisa. Wine-lovers can also reach in roughly an hour and a half the town of Montalcino and Montepulciano.


Description of the buildings


The property is made up of a beautiful medieval hamlet of Montingegnoli with a castle nestled on top of a hill and ten farmhouses (San Vincenzo, San Andrea, San Gregorio, Podere, San Agresto, Fibiano, Monte, Tremoli, Barluzza, Prato) located in different spots inside the estate.

Dating back to the 12th century, the hamlet is currently abandoned and needs a thorough restoration. A restoration proposal envisaged the realization of a beautiful five-star hotel with approximately 90 bedrooms using the castle, the hamlet and five farmhouses (12,465 sqm in total). The hotel would also include a wellness center, a gym, a sauna, a yoga center, swimming pool, restaurants, bar, a gift shop, a conference hall for events and over a hundred car spots for the guests.

Five other farmhouses (3,393 sqm) can be restored and used as residential units (not necessarily linked to the above-mentioned hotel), each with its own private plot of land.

It is also possible to expand the existing buildings (either by creating new structures or extending the existing ones) for approximately 810 sqm.

Nota bene: The church in the hamlet (which can be seen at the end of the photo gallery) is not included in the selling price but could be bought with a separate transaction and added to the property. This could become a nice opportunity, one restored, for wedding and events in the estate.


History of the castle


The castle was built in the early 12th century and in 1156 it was registered as a possession of the powerful Volterranean family Pannocchieschi d’Elci. With Siena’s capitulation in 1555 the castle was incorporated in the newborn Grand Duchy of Tuscany, while remaining a private possession of the Counts d’Elci.
Up until the mid-19th century, the hamlet of Montingegnoli was a small almost-self-sufficient town. The hamlet was however quickly declining and if in 1833 it was inhabited by almost 200 people, less than a century later it was completely abandoned.
In the 1970s with the Economic Boom the castle was used for events and celebrations but nowadays the building is totally abandoned.


Exteriors


The impressive estate covers a surface of roughly 687.6 hectares (1,699.1 acres), for the most part covered in mixed woodland (425.5 ha). The remaining surface is covered by arable and grazing land (255.6 ha), all tended to with rigorous organic methods since 2016. Currently, the estate features 1.5 ha of vineyards (Merlot and Cabernet Sauvignon varieties). Further 2.5 ha will be planted in the near future and permissions have already been obtained for 3.2 more hectares. Theoretically, the estate could reach up to 25 ha of vineyards and 5 ha of olive grove.
Surrounding the buildings, and including the beautiful courtyard of the castle, are almost 25,000 sqm of green areas that could be converted into gardens and parks, each exclusive to a specific country house.


Closest cities


Radicondoli (10km; 15’), Colle di Val d’Elsa (31km; 35’), Pienza (44km; 55’), San Gimignano (45km; 55’), Siena (45km; 50’), Follonica (54km; 55’), Montalcino (80km; 1h 25’), Florence (80km; 1h 20’), Montepulciano (107km; 1h 30’), Cortona (118km; 1h 35’), Pisa (122km; 2h)


Closest airports


Firenze Vespucci (93km; 1h 15’), Pisa Galilei (118km; 1h 45’), Bologna Marconi (175km; 2h), Roma Ciampino (289km; 3h 25’), Roma Fiumicino (239km; 2h 55’)

Property info

Property location is approximate. Please contact the agent for further details.

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by ROMOLINI - CHRISTIE'S, and do not constitute property particulars. Please contact ROMOLINI - CHRISTIE'S for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.