A chalet in the Italian Alps with panoramic views of the Matterhorn has just come on the market, and the price, like the peak that towers over it, is high. At $26.5 million (€24 million) it is the most expensive house ever listed in the Italian Alps (houses across the Swiss border are another story). Echoing the pyramidal shape of the nearby Matterhorn, the property sits in a literal league of its own, perched only about 325 feet above the main village of Cervinia, Italy.
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The 12,917-square-foot property, called La Fenice (Italian for “the phoenix”), is defined by a formidable stone and wood facade. According to the listing, it offers 360-degree views of the Matterhorn, the Italian Alps to the south and the Swiss Alps to the north with no property having views.
John Harrison, former partner and COO of Swiss hedge fund Amplitude Capital, is its current owner, according to reports Bloomberg. He bought the property – which dates back to 1936 – in a dilapidated state in 2015 and spent much of the last nine years rebuilding and refurbishing the house (its name refers to the revival of the “ashes” chalet). Harrison hired Mariapia Bettiol, an architect specializing in high-rise luxury projects, to help rebuild the house.
