Knossos Palace, located on the Greek island of Crete, is one of the most famous archaeological sites in the world. The palace was built around 1700 BC and served as an important center for Minoan culture until its destruction by a fire around 1450 BC. It is believed to have been the home of King Minos and his legendary Labyrinth, where he kept the Minotaur which featured prominently in Greek mythology.