1305 W 3rd St, Florence, CO, 81226
About This Home
Welcome to the real estate of the Red Rosebud Bed & Breakfast in Florence, Colorado! The perfect Work/Live property to allow you to live the "RESORT LIFESTYLE" and enjoy small town living in Southern Colorado!!! The perfect place to host events to "Make Memories with your Friends/Family". The real estate portion of the property is valued at $1.1 Million and the turn key business is priced at $124K which includes all the furniture, equipment necessary for B&B operations. 2 sets of washer/dryers, 2 refrigerators- full size, 2 refrigerators- small, Lawn equipment, etc. as well as what you see in the Video tour of the property. The Bed & Breakfast business includes website, phone number, domain names, POS system, all advertising, signs banners, etc. to continue on with the current business operations including future bookings and 2026 looks to be a great B&B year! This is a opportunity to own a country estate as well as a updated business in your primary home...the Bed & Breakfast business is considered a home based business and includes all of the tax benefits of that as well for not much more than the price of the Real Estate! Seller will consider partial exchange of Colorado Real Estate as well as traditional sales methods when looking at purchase offers. Seller is a licensed Colorado real estate broker and will help you craft a workable deal if necessary!
Getting Around
Car-Dependent
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1886
Materials
- Construction materials: Brick,Concrete
Notable Dates
- Major remodel year: 1984
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Bedrooms & Bathrooms
- Bedrooms: 7
- Bathrooms: 6
- Full bathrooms: 3
- 3/4 bathrooms: 3
Features
- Window features: Single Pane,Wood Frames
- Flooring: Ceramic Tile,Wood
- Fireplace features: Gas,Insert,Main Level
- Fireplace: Yes
- Attic: Partially Finished,Pull Down Stairs
Heating
- Heating features: Hot Water,Natural Gas
Interior Area
- Total structure area: 5,252
- Total interior livable area: 5,252 sqft
Property
Details
- Parcel number: 73002190
Features
- Stories: 2
- Patio & porch: Concrete
- Fencing: Front,Rear,See Prop Desc Remarks,Partial
Lot
- Lot size: 1.00 Acres
- Features: Corner Lot,Level,Rural,Landscaped
Parking
- Parking features: Detached,Even with Main Level,Workshop in Garage,Gravel Driveway
- Has garage: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Inland Flooding
- Lightning
- Hail
- Winter Weather
- Strong Wind
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters Across Colorado Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,118 | $73,416 |
| Home Insurance * | $883 | $10,596 |
| Property Taxes | $363 | $4,356 |
| Electricity | $396 | $4,757 |
| Total | $7,760 | $93,120 |
Income You'd Need if You Spent...
Colorado FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-11 | Price change | $1,240,000 |
| 2026-05-11 | Price change | $1,224,000 |
| 2026-04-06 | Price change | $1,250,000 |
| 2026-03-04 | Price change | $1,298,000 |
| 2026-01-20 | Listed for sale | $1,340,000 |
| 2022-06-22 | Sold | $650,000 |
| 2020-04-09 | Listing removed | $639,000 |
| 2020-01-20 | Price change | $639,000 |
| 2019-10-02 | Listed for sale | $649,000 |
| 2019-05-28 | Listing removed | $625,000 |
| 2019-03-13 | Price change | $625,000 |
| 2019-03-06 | Listed for sale | $675,000 |
| 2011-09-21 | Sold | $410,000 |
View on Zillow