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6 Beds
5 Baths
930 sqft

$1,946,309

Via P. Gobetti, Pieve Emanuele MI, 20090

Price per sqft$2,092.81
Property size930 sqft
Property typeOther

Overview

Active

Listed Oct 6, 2026

Updated 9h ago

IL MULINO DELLA CA’ GRANDA A Historic 15th-Century Estate with a Working Watermill Near Milan A RARE OPPORTUNITY WITHIN LOMBARDY’S HISTORIC HERITAGE A private 2,700 sq m estate once owned by the Ca’ Granda, Milan’s celebrated Renaissance institution and historic Ospedale Maggiore. The origins of Mulino Folla, historically known as the Folle di Fizzonasco, date back to the 15th century. Originally established as a water-powered facility for processing wool and hides, the estate became closely connected with the Ca’ Granda, which managed its land for centuries. Today, the property preserves an authentic and remarkably intact part of Lombardy’s rural heritage. Its most distinctive historic feature is the original watermill, which remains in working order. 2,700 SQ M OF PRIVATE PROPERTY WITH EXCEPTIONAL DEVELOPMENT POTENTIAL The estate offers outstanding flexibility and could be transformed into a prestigious single-family residence, a characterful boutique hospitality property or a multi-unit residential investment. The property comprises: – approximately 2,700 sq m of private land, including courtyards and gardens; – approximately 930 sq m of existing buildings, arranged over the ground and first floors; – approximately 450 sq m of residential accommodation, divided into three independent apartments and currently configured as two spacious living units; – garages, cellars and additional covered structures; – independent heating systems with separate boilers. A particularly significant feature is the potential to add approximately 1,000 sq m of further Gross Floor Area, considerably expanding the estate’s redevelopment and investment possibilities. The property could accommodate a variety of projects: an exceptional private home, a multigenerational family estate, a boutique hospitality destination celebrating its historic identity, or a carefully planned multi-unit residential development. A property with a powerful historic identity, together with the scale and flexibility required to shape an entirely new vision.

$12,949/mo

Est. mortgage payment based on a $1,946,309 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
LSTM9M
Available since
October 6, 2026

Interior Features

Bedrooms
6
Bathrooms
5
Basement
No

 

Courtesy of Paolo Fiorillo

Based on information from DASH - Coldwell Banker (CB) as of 10/15/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. 

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Data last updated 5:52 AM UTC, 10/15/2026

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