Step into timeless charm and modern comfort with this stunning updated Victorian-era home paired with a beautifully remodeled 720 sq ft cottage in the heart of historic Florence, CO. This is an opportunity for homeowners and investors alike. Live in one and rent the other, create the perfect guest retreat, or enjoy multi-generational living possibilities. The main home showcases incredible original stained glass and classic architectural details blended seamlessly with thoughtful updates throughout. A desirable main-level primary suite features an attached full bath, while upstairs offers two additional bedrooms, a flexible bonus room ideal for an office, studio or playroom and an additional bath. The parlor room is a wow! It even includes the original pocket door from 1895. The dining room is elegant and functional with a floor-to-ceiling tile-accented gas fireplace. The main level laundry adds convenience, and the kitchen is well-appointed with newer appliances. Outside, professionally landscaped front and back yards create inviting spaces for relaxing and entertaining, including a large patio and beautiful mature trees. The original carriage house has been remodeled from top to bottom and offers it's own stylish and private living space, complete with an upstairs primary bedroom with attached bath. There's also a full bath on the main level. The cottage can comfortably sleep 4. It has a separate fence for privacy and enjoyment. This rare property combines historic character, modern updates, versatility, and outstanding income potential in one remarkable package. Located near restaurants, shops, the public library and the Emergent Campus, and only minutes from heart-pounding outdoor recreation, including whitewater rafting & fishing on the Arkansas River, and miles of trails for mountain biking.