321 Graceland Grove, Colorado Springs, CO, 80904

Front of Structure

Dining Area

Kitchen

Bathroom

Sitting Room

Living Room

Deck

Sitting Room

Bedroom

Sitting Room

Bathroom

Closet

Office

Balcony

Bedroom

Bathroom

Back of Structure

Deck

Kitchen

Living Room

Kitchen

Office

Bedroom

Bathroom

Bedroom

Patio

Aerial View

Front of Structure

Deck

Living Room

Kitchen

Bedroom

Bathroom

Bedroom

Garage

Aerial View

Image Count: 49

$1,000,000

Highlights
Income
SF Home
321 Graceland Grove, Colorado Springs, CO, 80904 listed by Nathan Johnson ABR CRS GRI MRP
Active
MLS#: 8221419
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Property Description

Discover 3 newly built, fully permitted living units—each with its own kitchen & laundry—on one expansive, versatile property designated as a Single Family Residence. Perfect for multi-generational living, steady rental income, an allowed STR with license, or a combination of all. Unit One features 2 bedrooms, a full kitchen, laundry, a cozy living room with a wood-burning fireplace, true oak flooring, and a modern bathroom with a spacious shower. Outside, enjoy a private yard with a generous garden—ideal for owners, tenants, guests, or extended family. Unit Two offers all-tile flooring, 2 bedrooms, one full bath, a comfortable family room, a full kitchen with a large peninsula for bar seating, and its own laundry. The layout works beautifully for long-term rentals, short-term rentals (Airbnb or VRBO), or visiting friends and family. Unit Three, or the main house, is the showpiece. The main level includes oak floors, a full kitchen with dual sinks, a dining area, and a ¾ bath. Upstairs, you’ll find 4 bedrooms, 2 composite decks, a family room with mountain views, and a laundry room. The primary suite impresses with a large walk-in closet, attached nursery or office, and a luxurious 4-piece ensuite bath. Outdoor living shines with a spacious courtyard, a tree covered composite deck for entertaining, and an oversized, fully finished, and insulated 3-door (2-car) garage with a wood-burning stove & heated kitchenette -plus 5 extra parking spaces for guests or tenants. Every detail has been thoughtfully upgraded including high-end finishes, modern kitchens & baths, expanding foam insulation, and updated fixtures, all blending style with comfort. Whether you choose to live in one unit and rent the others, or lease all three for maximum income potential, this Architect-owned property offers unmatched versatility, security cameras for peace of mind, and exceptional value in a single-family setting.

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 Type: SF Home
Year Built: 2006
County: El Paso
School District: Colorado Springs 11
List Price: $1,000,000

Unit Information

Beds	Baths	Parking	Rent	SqFt
2	1		$2,000	720
2	1		$2,000	1,115
4	3	2	$3,500	1,517

Total Parking Spaces: 1
Total Units: 3

Structure

Foundation: Crawl Space
Structure: Framed on Lot, Frame
Construction Status: Existing
Siding: Masonite Type, Stucco, Wood
Window Type: Vinyl

Features

Heating: Forced Air
Cooling: Central Air, Wall Unit
Laundry: Electric Hook-up
Appliances: 220v in Kitchen, Dishwasher, Dryer, Gas in Kitchen, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven, Washer

Taxes, Utilities, Lot

Tax: $2,877
Lot Size: 0.15 Acres, 6,534 SqFt
Appliances: 220v in Kitchen, Dishwasher, Dryer, Gas in Kitchen, Microwave Oven, Oven, Range, Refrigerator, Self Cleaning Oven, Washer
Fireplace: Main Level, One, Wood Burning, Wood Burning Stove
Laundry: Electric Hook-up
Heating: Forced Air
Cooling: Central Air, Wall Unit
Existing Water: Municipal
Existing Utilities: Cable Available, Electricity Connected, Natural Gas Connected

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