History, charm, and opportunity converge in this remarkable 1906 Victorian, affectionately known as The Shady Victorian, situated on the iconic South Mt. Vernon Street in Prescott's East Historic District. Listed on the National Register of Historic Places, this two-story Arts & Crafts-era home was once owned by the pioneering Daniel Hatz family, creators of the original Governor's Mansion now preserved at the Sharlot Hall Museum. Being on the National Register comes with its advantages, including low property taxes, a bonus that complements the prestige and charm of owning a piece of Prescott's heritage. The exterior immediately impresses with its deep, grassy front yard and welcoming porch, adorned with mature landscaping that creates a serene and private setting from which to enjoy all the seasonal festivities of South Mt. Vernon. Beautiful walls of ivy border the property to the north and south, while roses, peonies, an apple tree, and large maple shade trees enhance the sense of tranquility and timeless beauty. Step inside to a home where original craftsmanship meets modern updates. The spacious living and dining areas feature hardwood floors, custom-carved woodwork, period baseboards, and elegant antique lighting, creating a living experience that is quintessentially Prescott and authentically historic. Guests love the grand millennial decor, which blends traditional, homey elements with modern touches for warmth and style. The remodeled kitchen is as practical as it is beautiful, showcasing high-end appliances, custom cabinetry, and gleaming granite countertops. A butler's pantry and a secondary caterer's kitchen with laundry provide added ease for both entertaining and everyday living. The primary suite offers a spacious retreat, while four additional bedrooms, including one on the main level with a private entrance, provide versatile options for family, guests, or a home office. The first-floor bathroom highlights a stunning ball and claw bathtub, and the upstairs bath has been thoughtfully updated with a stylish tub-and-shower combination. Outdoors, the backyard is perfect for entertaining family and friends, featuring two porches, lush grassy areas, mature trees, and private landscaping that create ideal gathering spots. Raised garden beds, expansive lawns, and a fire pit area provide both beauty and utility. A heated detached garage with maple cabinetry and an upstairs bonus room with new wood flooring adds storage and creative space, while off-street parking accommodates up to five vehicles. Beyond its historical charm and modern comforts, this property is a meticulously maintained, highly successful short-term rental with a proven record of repeat guests and excellent reviews. Sold turnkey and fully furnished, it offers a rare opportunity to step directly into a thriving investment or enjoy as a private Prescott sanctuary. All current bookings, photos, and business assets can transfer to the new owner for a seamless transition. Whether enjoyed as a personal retreat or a thriving income-producing investment, The Shady Victorian offers the unique chance to own a piece of Prescott's history, with modern conveniences, elegant living spaces, and the vibrancy of downtown just steps away.