Step into history with this beautifully restored 3,210 sq ft, 3-story former railroad hotel built in 1899, now a viable income-producing opportunity with modern comfort throughout. Featuring 7 bedrooms and 2 baths, this historic gem blends timeless character with central heating & cooling, fiber optic internet, propane backup heat, and a cozy fireplace. Guests will love the breathtaking views of distant mountains and the unbeatable location—just a short walk to the famous Little Red River flowing alongside the old railroad tracks. Also included is a separate 1,620 sq ft caretaker’s residence offering 1 bedroom, 1½ baths—ideal for owner occupancy or additional rental income. Whether you envision a boutique inn, short-term rental, retreat space, or private residence with guest quarters, this one-of-a-kind historic property offers charm, flexibility and strong income potential in a scenic setting on almost 30 acres of mostly wooded land including a spring, pond and an old house that could be renovated.