George Clooney is saying goodbye to his famed Lake Como, Italy, residence. After nearly 20 years of ownership, the actor is putting the villa, known as Villa Oleandra, up for sale with a price tag of $107 million.
He acquired the villa in 2002 for $10 million, making the potential sale not only profitable but marking the end of an era filled with cherished memories. Sources like Vanity Fair have underscored the sentimental importance of the estate to the Clooney family throughout the years.
With its 25 rooms, high-end amenities, and breathtaking views of Lake Como, Villa Oleandra has a storied history of hosting celebrity guests. Notable names like Meghan Markle, Prince Harry, Jennifer Lopez, and Ben Affleck have all spent time there, adding to the property’s legacy.
The villa’s potential sale has been the subject of rumors for some time. There’s been speculation about the unwanted attention from the paparazzi playing a part in the decision to sell. As the Clooneys were seen enjoying their summer at the villa, there hasn’t been any official statement on the reason for selling. Notably, the gossip started as early as 2010, as highlighted by Page Six.
Recent reports indicate the Clooneys’ attention might be on a new acquisition. They bought the Domaine du Canadel in France in 2021. The 425-acre French wine estate is believed by many to be the family’s new retreat, providing them with much-needed privacy.
George Clooney has always held the Lake Como villa in high regard. He once confidently said it could easily command a price of $100 million. Now, it remains to be seen if Villa Oleandra will meet its current asking price.