701 N 4th Street, Montrose, CO 81401

701-of a kind” North Fourth Street Where opportunity meets tranquility. Step through the custom-designed front gated fence into timeless charm with this beautifully preserved 2+ bedroom, 1-bath home nestled on two spacious city lots, surrounded by beautiful age-old Maple and Elm trees that offer additional aesthetics appeal and shade making this large corner-lot an historic gem that effortlessly blends modern owners-updates with classic character, overwhelming as you feel you just entered a home “as featured in a design magazine. Inside, cozy up by your fireside in the comfy living room or prepare meals with ease in the generously sized kitchen with a large walk-in pantry for extra kitchen cooking needs & more! The kitchen leads you to the basement area with wine cellar and into another large room for washer/dryer & more storage shelving, with back door entry to outside! The original fireplace, now gas logs, offers inviting ambiance in the open-concept dining room, perfect for entertaining dinner guests & family holiday get-togethers! Both bedrooms offer ample space for owners & guests with large closets for extra storage. In additionally, there is a hidden retreat in the basement: a secret man cave complete with its own wine cellar, or to be completed as guest quarters, Mother-in-law or Nanny apartment! Let’s not forget the additional sunroom, with French door entries from the kitchen &/or dining room! This room can easily accommodate extra guests & there’s even room for an additional added small or 1/2 bathroom as a great storage closet is included! Also, a third outdoor entry to the beloved back yard! Now back to the outdoors, the back yard will leave you speechless as you unwind under the owner-artisan-crafted pergola, custom made-for relaxation, outdoor dining & enjoying the conversations around the fire-pit! In back corner you will notice the beginnings of a waterfall, to be completed! The lush, matured lawn & landscaped gardens offer peaceful relaxation for reading & other interests or hobbies! The expansive yard offers an ideal setting for joyful gatherings along with peaceful evenings under the stars! The additional fencing has been added for more back-yard privacy & complete pet safety! Whether you're looking for a primary residence or an investment opportunity, this home delivers more than enough. A successful Airbnb for years, it offers excellent income potential. Located in the heart of downtown, it provides a rare combination of peace and convenience—just minutes from shops, dining, and local attractions, complimented with a great children’s playground & pet park only 1 block away! Schools are within safe walking distances! Plus, with enough room to build additional structures or add an accessory dwelling unit (ADU), the possibilities are endless. This is more than just a home—it’s an opportunity. Don’t miss out—schedule your private showing today!