In the heart of the village of Arolo, a hamlet of Leggiuno overlooking Lake Maggiore, we are pleased to present a highly interesting real estate opportunity, characterized by a secluded location with open views and excellent sun exposure. The property is situated just 300 meters from the marina, in a peaceful context yet well connected, with Milan reachable in just over an hour by car and Malpensa Airport only 30 minutes away. The entire area covers approximately 4,000 square meters and includes existing residential space of around 700 square meters, with development potential up to 1,400 square meters across two levels, allowing for the creation of luxury single villas or a residential complex with multiple units. The basement is designed to house a mechanized garage with ten parking spaces, in addition to dedicated cellar areas.The approved project, inspired by the Lombard courtyard tradition, envisages five independent residential units, each with private entrances, exclusive outdoor spaces, and access to a terraced communal garden featuring a swimming pool and preserved green areas. The plot’s configuration offers flexibility for various architectural and volumetric solutions. Preliminary works, including partial demolitions, have already prepared the site for development. The property also includes a historic chapel dating back to 1938, which is subject to heritage protection, and the entire area falls under a landscape preservation restriction with supervision by the local authorities.This property represents a unique opportunity for those seeking to invest in a site with great potential in one of the most exclusive areas of Lake Maggiore. Ideal for private buyers looking for an exclusive residence or for developers interested in a quality residential project, the combination of location, size, and versatility makes this offering exceptional. It should be noted that the previously approved building permit has expired and will require a new application. Images and renderings are illustrative and non-binding, and the asking price refers to the property in its current condition without including any construction works.Disclaimer: The information is purely indicative and is in no way attributable to a contractual obligation. All data is subject to verification before starting any form of compromise.Energy Performance Certificate (APE) not available, delivered to the deed.