...The 11-bedroom villa, in the hill town of Cetona about 110 miles north of Rome, was the vacation home for Mr. Giammetti and Mr. Garavani for nearly 25 years. They oversaw the restoration of the five-story, 18th-century villa, which has a gym, sauna and pool house. The gated property also has a 200-seat amphitheater and grottos with stalactites and stalagmites. Olive groves and orchards dot the hilly, wooded estate. There are wine cellars that, if restored, could hold 13,000 bottles...