The villa is a remarkable example of grand Neoclassical architecture. Construction began in the late 18th century and was completed in 1812 by the Marquises Odescalchi. It later passed to the Raimondi family, then to the Visconti di Modrone family, and in 1925 to the Municipality, which designated it as a venue for cultural events and art exhibitions.
Villa Olmo is undoubtedly the most imposing of the villas on Lake Como.
It consists of an extensive complex that, in addition to a large park, includes several buildings, among them a restaurant facility.