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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.

Highlights

  • Residential
  • Single Family Residence
  • Built in 1910
  • 0.48 Acre Lot
  • 1 Car Garage
  • 217 days on Market

  • Bedrooms
    5
  • Bathrooms
    3 full · 1 half
  • Year Built
    1910
  • Construction Materials
    Wood Siding, Frame
  • Garage Spaces
    1.0
  • Parking Features
    Off Street
  • Living Area
    2842.0
  • Appliances
    Dryer, Dishwasher, Microwave, Refrigerator, Washer, Freezer
  • Cooling
    Wall/Window Unit(s)
  • Heating
    Forced Air
  • Basement
    Unfinished

  • Acres
    0.48
  • Utilities
    Natural Gas Available
  • Water
    Public, Other

  • Area
    Out of Area
  • County
    Lincoln
  • City
    Hugo
  • Neighborhood
    Hugo
  • Zip Code
    80821
  • High School
    Genoa-Hugo
  • Middle School
    Genoa-Hugo
  • Elementary School
    Genoa-Hugo

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Frequently Asked Questions

How do I schedule a tour of 224 5th St?

We can make that happen quickly. Click Tour This Home and we'll connect you directly with our vetted local partner to schedule your visit to 224 5th St.

They know residentials in the area well and can give you the guidance you need to buy with confidence.

How do I get more information about 224 5th St?

Click Ask a Question to talk with our team. You already know it is a 5 bed, 3 bath, listed for $499,500. We can talk through recent upgrades, potential seller motivation, how this single family residence compares to others in Hugo, and can even get you in to see the property quickly.

How much is the monthly mortgage payment for 224 5th St?

With a 20% down payment and a 30-year fixed loan at an illustrative 7.25% rate, the ez Mortgage Calculator estimates the monthly payment for 224 5th St at around $3,006. This includes estimated property taxes and insurance.

Want to see how this changes with different down payments or interest rates? Jump to the calculator to run the numbers and fine-tune your plan.

How do I get pre-approved to buy 224 5th St?

Stand out in a competitive market by getting pre-approved today. Our quick and private pre-approval process helps you understand your true buying power—no credit pull required to explore all of your options.

Or, let us connect you with our preferred local lender in Lincoln County. They will give you all of your available financing options, based on your specific situation and what is available to you.

Can I negotiate the asking price for 224 5th St?

In most cases, yes. Whether 224 5th St is priced competitively or not, your best offer depends on your personal situation, the seller's timeline, and recent activity in Hugo's market. Our preferred local partner will help you craft a strategy—factoring in comparable properties that have sold, timing, and deal structure—to make a smart, strong offer. Click here to ask about negotiation opportunities.

How do I make an offer on 224 5th St?

We can handle that for you. Our preferred local agent specializes in residentials in Hugo and can guide you through every step of the offer process.

You need an expert who is looking out for your best interests. From market valuation to contingencies and timing, they'll help you present a compelling offer that fits your goals. Click Ask a Question to get started today.

What is the price per square foot for this home?

This home is listed at $499,500 with 2,842 sqft of space—that comes out to approximately $176 per square foot.

How long has this property been on the market?

224 5th St was listed on April 06, 2026, which means it's been on the market for 217 days.

Want to keep tabs on it? Click the ♥ to favorite this home and get notified of price drops or changes.

When was this house built?

This home was built in 1910, making it approximately 116 years old.

What is the lot size of this property?

224 5th St sits on a 0.48-acre lot, which is 20,909 square feet.

What schools are assigned to this property?

Based on MLS info, this home is zoned for:

  • Elementary: Genoa-Hugo
  • Middle: Genoa-Hugo
  • High: Genoa-Hugo

Want to see how these schools compare? Check out our Lincoln County School Guide to see ratings, reviews, and more for the schools in the area.

What are the property taxes for 224 5th St?

The most recent public record shows annual property taxes for 224 5th St were approximately $1,963. This may change with reassessment or exemptions. Our local partner can verify current tax amounts and help you estimate future costs based on your situation.

Is 224 5th St still available for sale?

Yes, this home is still available! Click the ♥ to favorite it so you don't miss any changes—or ask our local expert to schedule a time to see it in person.

Source: ez Home Search, MLS Data

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