301 S Third, Raton, NM 87740
Local realty services provided by:Better Homes and Gardens Real Estate Blu Realty



Listed by:wendy mileta
Office:realty one of new mexico - raton
MLS#:20250941
Source:NM_RANM
Price summary
- Price:$399,000
- Price per sq. ft.:$110.71
About this home
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!
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Home facts
- Year built:1900
- Listing Id #:20250941
- Added:355 day(s) ago
- Updated:August 12, 2025 at 03:34 PM
Rooms and interior
- Bedrooms:7
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,604 sq. ft.
Heating and cooling
- Heating:Natural gas, Radiant
Structure and exterior
- Roof:Pitched, Shingle
- Year built:1900
- Building area:3,604 sq. ft.
- Lot area:0.16 Acres
Utilities
- Sewer:Sewer Connected
Finances and disclosures
- Price:$399,000
- Price per sq. ft.:$110.71
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