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For sale
  • Price cut: $20.5K (3/29)
    $419,000

    301 S 3rd St, Raton, NM 87740

    7beds
    3,604sqft
    : 
    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
    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!
    65 days
    on Zillow
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    608
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    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#: 20250941MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 301 S 3rd St.

    Next available tour time:Today at 11am

    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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