The Villa Rosebery is one of the three official residences of the President of the Italian Republic (the other two being the Quirinal Palace and the Tenuta presidenziale di Castelporziano in Rome). The villa grounds cover 6.6 hectares (16.3 acres).
The original building was rebuilt under the ownership of Don Agostino Serra Terranova in the mid 19th century as the Casino Gaudiosa, achieving much of its current form.
From June 1944 until his abdication and exile in May 1946, the villa was the residence of King Victor Emmanuel III. From 1946 to 1949 it was used by the Accademia Aeronautica, and after a period of dis-use it became an official residence of the President of the Italian Republic in 1957.