Country Estate with Two Homes for Sale in Kato Korakiana, Corfu

Set within an expansive 8,000 square metre private estate, this unique property offers the rare opportunity to own two detached homes in one of Central Corfu's most desirable locations. Surrounded by beautifully landscaped gardens, mature olive trees, grapevines and a variety of established fruit trees, the estate enjoys a peaceful setting with beautiful sea views, panoramic countryside and mountain vistas, while remaining just minutes from the traditional village of Kato Korakiana and the popular beaches of Dassia and Ipsos. Priced at €895,000, and offered through Chase Real Estate.

The Main Residence

The main residence extends to approximately 120 square metres and has been exceptionally well maintained throughout. Designed for comfortable year-round living, it offers a practical layout with oil central heating, air conditioning in every room, a wood-burning fireplace and an abundance of natural light. This combination of heating and cooling systems, alongside the more traditional comfort of a wood-burning fireplace, reflects a home genuinely built and maintained for full-time occupation across every season, rather than a property intended purely for summer use.
Outside, the landscaped grounds provide plenty of space to relax, entertain or enjoy the privacy of the surrounding countryside, while large water storage tanks and a reliable water pump system connected to the main supply ensure the property is well equipped for everyday living. This kind of practical infrastructure, water storage and a dependable pump system connected to the mains, is a genuinely important consideration for a rural Corfiot estate, and its presence here removes a common source of concern for buyers looking at larger, more self-sufficient properties away from the island's central towns.

The Second House

The second detached house, also approximately 120 square metres, has been constructed to shell stage, creating an outstanding opportunity for a new owner to complete the property to their own style and specifications. Whether finished as a luxury guest house, a second family home or a high-end holiday rental, the possibilities are extensive. We estimate approximately €200,000 would be required to complete the property to a high standard, giving a prospective buyer a clear and realistic budget to plan around rather than an open-ended renovation unknown.
This shell-stage second home is arguably the estate's most distinctive feature. Rather than acquiring an already-finished second property with someone else's design choices built in, a buyer here inherits a structurally sound foundation and complete creative freedom over the finished result, whether that means matching the style of the existing main residence, pursuing a more contemporary design, or configuring the layout specifically around a rental or multi-generational use case.

Gardens and Grounds

The estate's 8,000 square metre plot is planted throughout with mature olive trees, grapevines and a variety of established fruit trees, giving the grounds a genuinely productive, established character that would take many years to recreate from scratch. This kind of mature planting adds both practical value, in the form of olives, grapes and fruit, and a settled, lived-in atmosphere that distinguishes the estate clearly from newly cleared or recently landscaped plots elsewhere on the island.
Beyond the productive planting, the landscaped gardens offer generous space for outdoor relaxation and entertaining, framed by the estate's beautiful sea views alongside panoramic countryside and mountain vistas, a genuinely layered outlook that changes character depending on which part of the grounds you are standing in.

The Location

The estate sits just minutes from the traditional village of Kato Korakiana, giving residents access to local shops, tavernas and everyday amenities within a genuinely rural, unhurried setting. The popular beaches of Dassia and Ipsos are a short drive away, placing the estate within easy reach of two of the east coast's most established resort areas, while the property itself retains a clear sense of privacy and distance from the busier tourist centres. Excellent road access with ample parking further supports the practicality of the location, ensuring the estate remains genuinely convenient to reach and use despite its peaceful, countryside setting.

Investment Potential

Combining a substantial plot, two independent residences, beautiful natural surroundings and an excellent location close to villages, beaches and everyday amenities, this is a property with exceptional flexibility for permanent living, multi-generational use or investment. The finished main house offers an immediately liveable base, while the shell-stage second home represents a clearly defined opportunity to add both living space and value, whether the eventual use is a private guest house, a second family home for relatives, or a high-end holiday rental generating income alongside the main residence.
For buyers drawn to the idea of a working countryside estate rather than a purely residential plot, the mature olive trees, grapevines and fruit trees add a further dimension of appeal, offering the possibility of small-scale olive oil or produce, alongside the more conventional benefits of shade, privacy and natural beauty. Chase Real Estate regards this as an exceptionally versatile Central Corfu estate, well suited to buyers seeking scale, natural surroundings and genuine development potential within a single purchase.

Key Features

This estate offers approximately 8,000 square metres of private land in Central Corfu, comprising two detached houses of approximately 120 square metres each, with one residence completed and ready to move into and the second constructed to shell stage, estimated to require approximately €200,000 to complete to a high standard. The main residence offers two bedrooms and two bathrooms, oil central heating, air conditioning throughout and a wood-burning fireplace, alongside water pumps connected to the main supply and large water storage tanks. The grounds include beautifully landscaped gardens with mature olive trees, grapevines and fruit trees, offering beautiful sea views and panoramic countryside and mountain views. The estate lies close to Kato Korakiana village and a short drive from Dassia and Ipsos, with excellent road access and ample parking, and is offered through Chase Real Estate at €895,000.