320 E Mulberry St

Description

Historic Charm Meets Modern-Versatile Old Town Property with ADU and Primary STR License. Three "Homes" in One: Live, Work & Earn in the Heart of Old Town. Once a beloved bed & breakfast, this extraordinary property-originally designed by famed architect Montezuma Fuller-was meticulously renovated in 2000 by Craftsmen Builders and improved upon further by current owners. Nestled in the heart of Old Town, this 5-bedroom, 6-bathroom estate blends timeless character with exceptional flexibility for modern living, working, or investing. Each of the five bedrooms features its own ensuite bath, including two luxurious primary suites. Dual laundry areas (main level and upstairs) and a fully equipped Carriage House ADU-with its own kitchen, bathroom, and laundry-make this home function like three separate residences in one. With its grandfathered and transferable Primary STR license, the ADU offers immediate rental income potential. Multiple private entrances and a versatile floor plan allows for creative commercial or residential uses, permitted under the OT-C zoning (formerly NCB). Think: spa retreat, boutique office hub, co-living/working environment, or continued use as a charming owner-occupied income property. Key features include: 7+ potential private offices ideal for flexible use, 14,250 sq ft fenced, landscaped lot with irrigation and an electric gate 2-car garage + 6 off-street spaces. Outdoor living with two patios, multiple porches, and a balcony off the upstairs primary suite. Historic elegance: high ceilings, wood floors, crown molding, built-ins, 3 gas fireplaces. Spacious kitchen with butler's pantry, solarium with custom mural, and grand foyer with tapestry-lined walls. Enjoy unmatched walkability to CSU, Downtown Fort Collins, the Poudre River Trail, and everything Old Town has to offer. Recent updates include sewer line (2013), Carriage House ADU (2014), exterior paint (2021), and a Class 4 impact-resistant roof (2024) with warranty.