Unique opportunity to own a spacious, fully furnished two-story home in Hugo, Colorado, currently operated as a bed and breakfast. Situated on 21,000 sq. ft. this property offers 4398 total sq. ft. The home features 5 bedrooms and 3 bathrooms, with a functional layout that allows for both private living and guest accommodations. The main floor (1,310 sq. ft.) is well-suited for owner occupancy with its own kitchen, master bedroom, and 1.5 bathroom, while the upper level (1,292 sq. ft.) includes four bedrooms, two bathrooms and a kitchenette space currently used for rental purposes. Additional features include shared dining room, formal living room, and enclosed front porch space. There is an unfinished back porch and unfinished basement offering storage or future expansion potential. Recent improvements completed in 2025 include a new roof, new siding, and a new accessibility ramp. Currently listed on Furnished Finder, this property offers flexibility for continued use as a bed and breakfast, short- or mid-term rental, or as a primary residence. The layout supports an owner-operator setup with separate living quarters and income-producing space. Conveniently located in the town of Hugo with access to US Highway 40/287 and within reasonable distance to Limon and Denver, providing accessibility for travelers and extended-stay guests. Step into a fully operational, turnkey opportunity with endless potential.
For sale
$549,000
224 5th Street, Hugo, CO 80821
5beds
4,398sqft
Single Family Residence
Built in 1910
0.48 Acres Lot
$-- Zestimate®
$125/sqft
$-- HOA
What's special
Enclosed front porch spaceNew sidingNew roofNew accessibility rampShared dining room
- 82 days |
- 127 |
- 2 |
Zillow last checked:
Listing updated:
Listed by:
Jana Ewing 719-349-0423 janae@gordonregroup.com,
Gordon Real Estate Group,
Timothy Andersen 719-740-1361,
Gordon Real Estate Group
Source: REcolorado as distributed by MLS GRID,MLS#: 5672607
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
- Full bathrooms: 3
- 1/2 bathrooms: 1
- Main level bathrooms: 2
- Main level bedrooms: 1
Bedroom
- Description: See Floor Plan Attachments For All Room Measurements
- Features: Primary Suite
- Level: Main
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bedroom
- Level: Upper
Bathroom
- Level: Main
Bathroom
- Level: Main
Bathroom
- Level: Upper
Bathroom
- Level: Upper
Dining room
- Level: Main
Kitchen
- Level: Main
Living room
- Level: Main
Heating
- Forced Air, Natural Gas
Cooling
- Air Conditioning-Room
Appliances
- Included: Dishwasher, Dryer, Freezer, Microwave, Oven, Refrigerator, Washer
Features
- Basement: Unfinished
Interior area
- Total structure area: 4,398
- Total interior livable area: 4,398 sqft
- Finished area above ground: 2,842
- Finished area below ground: 0
Property
Parking
- Total spaces: 1
- Details: Off Street Spaces: 1
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.48 Acres
Details
- Parcel number: 279732230012 & 279732230011
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Frame, Wood Siding
- Roof: Composition
Condition
- Updated/Remodeled
- Year built: 1910
Utilities & green energy
- Water: Public
Community & HOA
Community
- Subdivision: Hugo
HOA
- Has HOA: No
Location
- Region: Hugo
Financial & listing details
- Price per square foot: $125/sqft
- Tax assessed value: $289,146
- Annual tax amount: $1,963
- Date on market: 4/6/2026
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,Jumbo,USDA Loan,VA Loan
- Exclusions: Furnishings Can Be Negotiated For An Additional Purchase Price.
- Ownership: Individual
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 4/6/2026 | Listed for sale | $549,000+744.6%$125/sqft |
Source:  REcolorado as distributed by MLS GRID #5672607 Report a problem | ||
| 8/25/2009 | Sold | $65,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,336 +6.5% | $18,071 +48.7% |
| 2024 | $1,255 -15.9% | $12,156 |
| 2023 | $1,492 -2.8% | $12,156 -15.3% |
| 2022 | $1,535 -46.2% | $14,347 -2.8% |
| 2021 | $2,853 +7% | $14,760 -46.5% |
| 2020 | $2,666 +389.7% | $27,577 |
| 2019 | $544 +3.4% | $27,577 +425.5% |
| 2018 | $527 | $5,248 |
| 2017 | $527 +1.1% | $5,248 -0.3% |
| 2016 | $521 +6.9% | $5,262 |
| 2015 | $487 -8.6% | $5,262 |
| 2014 | $533 -5.9% | -- |
| 2013 | $566 +4211.4% | -- |
| 2011 | $13 | $16,958 +200.2% |
| 2009 | -- | $5,648 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: 80821
Nearby schools
GreatSchools rating
- 6/10Genoa-Hugo SchoolGrades: PK-12Distance: 0.4 mi
Schools provided by the listing agent
- Elementary: Genoa-Hugo
- Middle: Genoa-Hugo
- High: Genoa-Hugo
- District: Genoa-Hugo C-113
Source: REcolorado as distributed by MLS GRID. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Colorado
- Lincoln County
- Hugo
- 80821
- 224 5th Street
Nearby cities
Nearby zip codes
Other Hugo Topics
