Incredible opportunity in the heart of Manitou Springs-just one street off the main block of Manitou Ave, and only a block from the elementary school -offering breathtaking red rock and mountain views on a rare 11,275 sq ft (.26 acre) lot. This one-of-a-kind property blends historic charm with exceptional versatility, featuring a spacious main home plus two additional units (one of which is already income producing), ideal for income potential or multi-generational living. The main residence boasts 6 bedrooms, over 4,400 sq ft, original hardwood flooring throughout, and an abundance of natural light from large windows. The open living and dining area is warm and inviting, complete with ceiling fans and classic character. The updated kitchen features stainless steel appliances, pantry space, and modern cabinetry and tile. Unique architectural details carry throughout, including 5-panel doors, multiple updated bathrooms with granite vanities, custom tilework, a clawfoot tub, and walk-in closets. The expansive primary suite offers hardwood floors, a large walk-in closet or flex space, barn door accents, and access to additional attic storage. A full basement and attic provide even more room for expansion or storage. The detached 2 bed / 1 bath cottage (~950 sq ft) offers its own private living space with hardwood flooring, a full kitchen with gas stove, washer and dryer, and a private deck-perfect for rental income or guest accommodations. A separate studio (~330 sq ft) has been fully gutted and is ready for your vision, with bathroom rough-in and kitchen hookups already in place. Completing the property is a rare 2-car detached garage-hard to find in Manitou-and ample space to enjoy the outdoors. Whether you're looking for an investment opportunity, a unique primary residence, or both, this property delivers unmatched potential in an unbeatable location.