321 Graceland Grove, Colorado Springs, CO, 80904

Front of Structure

Aerial View

Front of Structure

Deck

Kitchen

Living Room

Office

Bedroom

Bathroom

Other

Patio

Deck

Dining Area

Kitchen

Bathroom

Sitting Room

Living Room

Sitting Room

Office

Bedroom

Sitting Room

Bathroom

Closet

Bathroom

Side of Structure

Deck

Living Room

Kitchen

Bedroom

Bathroom

Garage

Aerial View

Floor Plan

Image Count: 50

$1,200,000

Highlights
Single Family
8 bd | 5 ba | 3,352 sqft
321 Graceland Grove, Colorado Springs, CO, 80904 listed by Nathan Johnson ABR CRS GRI MRP
Active
MLS#: 1503871
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Property Description

Welcome to an extraordinary investment opportunity offering (3) new & permitted living units with full kitchens including laundries on one expansive & versatile property—perfect for multi-generational living, rental income, or both. Unit One features 2 bedrooms, a full kitchen, a laundry, a cozy living room, a wood-burning fireplace, true Oak flooring, a modern bathroom with a large shower, & access to a private yard with a large garden—ideal for tenants, guests, or older parents. Unit Two, with all tile flooring, offers 2 bedrooms, a family room, a full kitchen with a large peninsula for bar top dining, & a laundry area—an ideal layout for a long-term rental, an STR, or guest accommodations. Unit Three is a showstopper. The main floor, with true Oak flooring, includes a full kitchen (2 sinks), a dining area, & a 3/4 bathroom. Upstairs you’ll find (3) bedrooms, 2 composite decks, a family room with mountain views, a laundry room, & an impressive primary suite with a large walk-in closet, a nursery or office space, & a luxurious 4-piece ensuite bathroom. Outside, enjoy a large courtyard & composite deck for entertaining, an oversized fully finished & insulated 3 door yet 2-car garage with a wood-burning stove, & 5 additional parking areas ample for guests or tenants. Every inch of this landscaped property has been thoughtfully upgraded with high-end finishes, expanding foam insulation, modern kitchens & bathrooms, & updated fixtures—all blending contemporary style with comfort. With the ability to live in one unit & rent the others, or lease all three for maximum income potential, this is a rare & lucrative opportunity owned by an Architect. Whether you're an investor or a homeowner looking for versatility & value, this Single Family Property with security cameras checks all the boxes

Property Listed By

Nathan Johnson ABR CRS GRI MRP
6135-902-917
230015553

RE/MAX Real Estate Group LLC
0097-435-917
00055802

Property Details

General Features

Property: Single Family, 2 Story
Year Built: 2006
List Price: $1,200,000
County: El Paso
School District: Colorado Springs 11

Rooms

Master: Upper Level, 14 x 15
Bedrooms: 8
Baths: 2 full bath; 3 3/4 bath;
Laundry: Electric Hook-up, Main, Upper

Structure

Foundation: Crawl Space
Heating: Forced Air
Cooling: Central Air
Garage/Parking #: 2 vehicle(s), Detached
Patio Description: Composite, Concrete, Wood Deck
Total SqFt: 3,352
Finished SqFt: 3,352
Construction Status: Existing Home
Siding: Masonite Type, Stucco, Wood
Structure: Framed on Lot, Frame

Features

Appliances: 220v in Kitchen, Dishwasher, Dryer, Gas in Kitchen, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Floors: Ceramic Tile, Tile, Wood
Fireplace: Main Level, One, Wood Burning, Wood Burning Stove
Laundry: Electric Hook-up, Main, Upper

Taxes, Utilities, Lot

Tax: $2,877
Lot Size: 0.15 Acres, 6,534 SqFt
Lot Description: Corner, Mountain View, View of Pikes Peak
Existing Utilities: Cable Available, Electricity Connected, Natural Gas Connected
Existing Water: Municipal

Community

Additional Information

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