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Federico Crimi has identified the subject of this sketch as the Villa Olmo, also known as the Villa Odescalchi, a neoclassical residence on the shores of Lake Como, just west of Como itself.1 Turner’s viewpoint appears to be from within the villa grounds to the south and depicts part of the building’s façade, topped by a balustrade and statues. A related study from an alternate viewpoint can be found on folio 58 verso (D14256; Turner Bequest CLXXIV 57a). Visible in the foreground of the drawing is what appears to be a commemorative stone tablet. This may represent the location of the inscription transcribed on folio 60 (D14258; Turner Bequest CLXXIV 59).
For further sketches of Lake Como see folio 48 (D14234; Turner Bequest CLXXIV 47).
Crimi 2009, p.29 note 8. This identification corrects a previous attribution in Crimi 2007, p.28 note 30.