A chalet overlooking the Matterhorn in the Italian Alps has just been put up for sale, and the price is just as high as the towering peak. At $26.5 million (€24 million), it’s the most expensive home ever listed in the Italian Alps (homes across the Swiss border are another story). Mirroring the pyramidal shape of the nearby Matterhorn, the property stands alone, approximately 100 meters above the main village of Cervinia, Italy, literally in a league of its own.
Named La Fenice (Italian for “Phoenix”), this 12,917 square foot property is defined by a stunning stone and wood façade. According to the property information, every property offers sweeping views of his 360-degree views of the Matterhorn, the Italian Alps to the south, and the Swiss Alps to the north.
The current owner is John Harrison, a former partner and chief operating officer at Swiss hedge fund Amplitude Capital, according to the company. Bloomberg. He bought the property, built in 1936, in a dilapidated state in 2015 and has spent much of the past nine years rebuilding and renovating the house (hence the name Chalet Reclaimed from the “Ashes”) ). To help renovate the house, Harrison hired architect Mariapia Bettiol, who specializes in high-altitude luxury projects.