Monticello Couple Transforms Historic Home into Short-Term Rentals and Lounge

Todd and Rhonda Thornton, a Monticello couple, have embarked on an ambitious project to renovate a historic property at 315 W. Washington St., commonly known as the red house. The Thorntons purchased the home in 2022 and have been extensively restoring and renovating it for short-term rentals and other uses.

The short-term rentals are now available, with five bookings already scheduled, including the first one starting on May 12. The rental includes three bedrooms, 1.5 baths, a full kitchen, a combined dining and living room, and a second living space that can be used as a bedroom area.

In addition to the short-term rentals, the Thorntons have plans to further develop the property. They intend to build out a retail space on the back half of the first level, convert the basement into a cocktail lounge with gaming, and add a back porch facing the south parking lot.

The renovations are being partially funded by a grant from the city of Monticello. Todd Thornton praised the city and Monticello Main Street for their support, saying, "Their doors are all open and ready to help." inside

When asked about the progress of the project, Todd Thornton expressed optimism, stating, "It's going good so far. We've got some bookings in the upcoming months." The cocktail lounge is expected to open within six to nine months, and the retail space will likely have a similar timeline.

The Thorntons' renovation of the historic house at 315 W. Washington St. in Monticello is set to bring new life to the property. With short-term rentals already available and plans for a cocktail lounge and retail space in the works, the project promises to contribute to the revitalization of the area while preserving a piece of the city's history.

Key Takeaways

• Todd and Rhonda Thornton renovate historic "red house" at 315 W. Washington St. in Monticello.
• Short-term rentals available, with 5 bookings scheduled, including 3 bedrooms and 1.5 baths.
• Retail space and cocktail lounge with gaming planned for the property.
• City of Monticello provides grant funding for the project.
• Cocktail lounge and retail space expected to open in 6-9 months.