321 N Virginia Street, Prescott, AZ 86301 (MLS # 1085106)

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View Virtual Tour PRICE $425,000 BEDS 1 BATHS 1 HOME SIZE 632 sqft LOT SIZE 7,406 sqft Request More Info Schedule a Showing

Historic 1914 ''Railroad House'' - Fully Furnished in the Heart of Downtown Prescott!Step into a piece of Prescott history with this charming cottage, affectionately known as ''The Railroad House.'' Originally built to house workers helping establish the railroad through historic Prescott, this unique property offers vintage character, an inviting setting, and an exceptional downtown location.Enjoy the quintessential Prescott lifestyle with easy access to downtown, Whiskey Row, the Courthouse Plaza, restaurants, shops, parades, festivals, concerts and year-round community events. Leave the car behind and enjoy all that historic downtown Prescott has to offer!The fully furnished cottage features a comfortable living area, kitchen, full bathroom, laundry room, office/flex space with a single pull-out bed, and a new memory foam king bed located in the main living area. A small room with a closet sits off the main living room that offers flexibility for a twin bed or office area. Furnishings, bikes and lawn equipment are included, making this an ideal turnkey residence, weekend getaway, or short- or mid-term rental opportunity. The property has recently enjoyed success as both a short- and mid-term rental.Outdoor spaces are equally inviting. A classic white picket fence, spacious seasonal green lawn and welcoming front porch create storybook curb appeal--the perfect setting for morning coffee, evening sunsets and Prescott's beautiful outdoor lifestyle. The generous backyard offers mature trees, a peaceful sitting area, a seasonal trickling creek and spacious area behind the fence to add a garden or even a play area. You will capture views toward Granite Mountain at the front porch, with plenty of room for pets and outdoor enjoyment.Recent improvements include a new roof in Fall 2024, fresh exterior paint in 2026, mini-split in 2025, refined landscaping and additional thoughtful updates.Beyond its historic charm, the property offers intriguing future possibilities. The spacious lot may provide opportunities for an additional dwelling unit, including potential duplex or triplex development, subject to City of Prescott zoning, permitting and approvals. Whether you're looking for a distinctive downtown home, furnished investment property, vacation retreat or a property with future potential. this is an ideal cottage with endless opportunities. The laundry room is at a separate entrance on the left side of the property offering some additional storage as does the shed at the rear of the property. The property extends in the rear yard to the metal fence by the adjacent creek. The Railroad House is a rare opportunity to own a piece of Prescott history in an outstanding location for a truly turn-key property.