Lusso Collection Adds $5 Million Tuscan Villa

by Jared Paul Stern (RSS feed)
Oct 4th 2008 at 9:03AM

In August we reported that the Lusso Collection portfolio of multi-million dollar residences in the world's most desirable vacation spots was launching a new membership program. Now the company, whose properties - worth an average of $4 million each - are located in luxe spots such as Cabo San Lucas, Aspen, Miami, Hawaii and the Bahamas, has acquired a $5 million villa in Tuscany, its first European estate.

Located on the outskirts of picturesque Cortona, La Ripa (above) is a 500-year-old, 4,000-sq.-ft. fully-restored stone farmhouse with five bedroom suites, stone fireplaces, terracotta floors and brick archways. The estate's 27 landscaped acres include a privately situated swimming pool, lush gardens and olive and cypress groves. With 31 luxury properties in 17 destinations currently in its portfolio, the company plans to have 39 luxury residences in 21 destinations by year's end, with London and Paris coming next.

[via Affluent Page]

Tags: Italy, Lusso Collection, LussoCollection, Tuscany