Have you ever thought about leaving the busy life behind, moving to a Colorado mountain town, and running a business of your own? Pagosa Manor could make that possible. Located in the heart of downtown Pagosa Springs, this iconic 1903 property recently received Mixed-Use Residential zoning approval, opening the door to a boutique bed & breakfast, hospitality concept, wellness retreat, professional space, or other owner-operated business. Live on-site while welcoming guests and build a business around the Pagosa Springs lifestyle. The location is hard to beat. Directly across from the River Walk, Pagosa Manor is within walking distance of restaurants, shops, the San Juan River, and the famous hot springs, with river, mountain, and downtown views from the property. Hospitality is already part of its history. Pagosa Manor has previously operated as a boarding house, restaurant, and bed & breakfast, and the original room numbers still remain on the doors. Completely restored in 2023, the property combines historic character with important modern updates, including new water and sewer lines, updated electrical, and a new roof. Original stained glass, hardwood floors, custom built-ins, coffered ceilings, crown molding, gingerbread trim, and a widow's watch preserve the home's remarkable character. The flexible layout is especially well suited for an owner-operated business, with two kitchens, multiple living and dining areas, two laundry rooms, an office, and private lock-off spaces that allow separation between owner and guest accommodations. Outside, mature landscaping, gardens, a covered front porch, and gathering areas create inviting spaces to enjoy the setting. The property spans two city lots, providing additional future possibilities for the second lot, subject to applicable approvals. Offered fully furnished and turnkey, Pagosa Manor is more than a historic downtown property. It's an opportunity to live in Pagosa Springs, create a business of your own, and continue a hospitality story that began more than 120 years ago.