Great investment! Don't miss this income-generating property! On average, it earns over $6300/month, exceeding mortgage costs. Explore Airbnb and rental options. The property includes a finished garage for on-site living or added revenue! It is professionally maintained, making it a turn-key business. High-end Antique furnishings make this a sweet deal! Step into this historic bed and breakfast in the heart of downtown Raton, NM, which has been a successful business for over 30 years. Very versatile property easily converted between four apartments, or a family home, and is currently a successful bed and breakfast. This turnkey business comes with a large customer base already in place. With 6 stunning rooms and separate living quarters or extra guest suite, making a total of 7 bedrooms, this property boasts over 3000 sq ft of elegant living space. The inn features exquisite hand-carved woodwork, embodying the timeless charm of the Victorian style. Fully furnished and operational, it is ready to welcome guests from day one. Perfect for history enthusiasts and those looking to own a piece of Victorian elegance, this B&B is a rare opportunity. Multiple income possibilities as well as a successful monthly rental or use as your own Grand living residence. Don’t miss the chance to own this well reviewed inn and continue its legacy of excellence. This New Mexico Oasis has apples, peaches, plums, grapes and cherries. Contact us today to schedule a private tour and see the beauty and potential of this historic property for yourself!
For sale
Price cut: $20.5K (3/29)
$419,000
301 S 3rd St, Raton, NM 87740
7beds
3,604sqft
Est.:
Single Family Residence
Built in 1900
7,000.09 Square Feet Lot
$407,100 Zestimate®
$116/sqft
$-- HOA
What's special
Victorian styleExquisite hand-carved woodwork
- 65 days
- on Zillow |
- 608 |
- 20 |
Zillow last checked: 7 hours ago
Listing updated: April 15, 2025 at 10:15am
Listed by:
Wendy Mileta 575-707-1662,
Realty One Of New Mexico - Raton 575-707-1662
Source: New Mexico MLS,MLS#: 20250941

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Natural Gas, Radiant
Appliances
- Included: Free-Standing Range, Refrigerator
Features
- Loft
- Flooring: Hardwood
- Basement: Unfinished
- Has fireplace: Yes
Interior area
- Total structure area: 3,604
- Total interior livable area: 3,604 sqft
Video & virtual tour
Property
Parking
- Parking features: No Garage
Features
- Levels: Three Or More
- Patio & porch: Covered
- Fencing: Fenced
Lot
- Size: 7,000.09 Square Feet
- Features: Irregular Lot, Sidewalk
Details
- Parcel number: 1135186244018
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Victorian
- Property subtype: Single Family Residence
Materials
- Frame, Siding
- Roof: Pitched,Shingle
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected
Community & HOA
HOA
- Has HOA: No
Location
- Region: Raton
Financial & listing details
- Price per square foot: $116/sqft
- Tax assessed value: $343,473
- Annual tax amount: $3,188
- Date on market: 2/19/2025
- Electric utility on property: Yes
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