Just two blocks from the heart of downtown Trinidad, this impeccably maintained Victorian estate is a rare, high-profile opportunity with proven income history and remarkable flexibility. Long known as one of Southern Colorado’s most popular places to stay, see, and experience, this historic property offers multiple paths forward: continue operating as a successful B&B or short-term rental, enjoy it as a private residence with income-producing units, or expand into an event, hospitality, or creative destination. The main residence features four spacious master suites, each with private balconies or terraces, blending authentic historic charm with thoughtful upgrades. A fully independent lower-level apartment includes its own private entrance and yard, making it ideal for guests, extended stays, managers unit or long-term rental income. Situated on a large lot with sweeping town and mountain views, the property also includes the original carriage house, perfect for additional event space, another apartment, a studio, additional business or restaurant opportunity, or garage use. Commercial-level electrical upgrades, a commercial refrigerator and freezer, and a complete inventory of furnishings and equipment support immediate operation and the owner is willing to provide training to ensure a smooth transition for new ownership. Major updates include a new roof and gutters installed in 2023, and Historic District zoning allows for a wide range of creative uses, including, but not limited to, residential, multi-residential, and hospitality uses—offering both immediate functionality and long-term expansion potential. This is not just a property—it’s a legacy opportunity. If you’ve been searching for a turnkey historic estate with income, character, and room to grow in beautiful Southern Colorado, this one truly stands apart.