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Aeromagnetic data collected between the Aeolian volcanoes (southern Tyrrhenian Sea) and the Calabrian Arc (Italy) highlight a WNW‐ESE elongated positive magnetic anomaly centered on the Capo Vaticano morphological ridge (Tyrrhenian coast of Calabria), characterized by an apical, subcircular, flat surface. Results of forward and inverse modeling of the magnetic data show a 20 km long and 3–5 km wide magnetized body that extends from sea floor to about 3 km below sea level. The magnetic properties of this body are consistent with those of the medium to highly evolved volcanic rocks of the Aeolian Arc (i.e., dacites and rhyolites). In the Calabria mainland, widespread dacitic to rhyolitic pumices with calc‐alkaline affinity of Pleistocene age (1–0.7 Ma) are exposed. The tephra falls are related to explosive activity and show a decreasing thickness from the Capo Vaticano area southeastward. The presence of …