[1] The Villa was built on the very edge of the slope with a beautiful view of the city according to the pattern of the courts and palaces of the aristocracy.

[citation needed] In the presence of the president of the International Olympic Committee, Juan Antonio Samaranch, the museum was officially opened on February 8, 1984, on the opening day of the XIV Winter Olympics in Sarajevo.

[1] In January 1998, academician Ivan Straus developed a "Project for the reconstruction and new functional organization of the Museum of the XIV Winter Olympic Games in Sarajevo", and later the conceptual design.

The realization of this project began in 2000, which put the facility on the list of cultural assets of special national interest for BiH.

[citation needed] Although the renovation of the museum lasted from its devastation in 1992 until today in very difficult socio-economic conditions, it was successfully completed, primarily because of the Olympic Committee of BiH, Olympic Solidarity, the City of Sarajevo, but also the wider community.