This Historic $12.2 Million Italian Palazzo Has Centuries-Old Frescoes

Homes with views of Italy’s Lake Como are among the scenic area’s most prized, so it may seem counterintuitive to consider a residence without those vistas. Palazzo Odescalchi in the center of Como, however, offers a compelling reason to forgo a water view.

The historic home, situated between Via Rodari and Piazza Roma, dates to the 16^th and 17^th centuries and takes its name from a noble clan that included Pope Innocent XI, head of the Catholic Church in the late…