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321 Graceland Grove

Colorado Springs, CO 80904
  • $1,400,000
  • STATUS: Active
  • ON SITE: 21 Days
  • ID#: 8221419
UPDATED: 14 min ago
$1,400,000
  • 0
    BEDS
  • 0.15
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2006
County:

School Ratings & Info

School District:
Pikes Peak Multiple Listing Service logo Listing provided courtesy of RE/MAX Real Estate Group LLC: 719-534-7900.

Description

Welcome to an extraordinary investment opportunity offering three beautifully updated living units on one expansive and versatile property"perfect for multi-generational living, house hacking, or maximizing rental income. Unit One features 2 bedrooms, a full kitchen, a cozy living room with a wood-burning fireplace, Oak hardwood flooring, a modern bathroom with a large shower, in-unit laundry, and access to a private yard"ideal for tenants or personal use. Unit Two, with Porcelain tile flooring, offers 2 spacious bedrooms, a large family room, a full kitchen with a stylish peninsula bar top for dining, and laundry area"an ideal layout for long-term rental or guest accommodations. Unit Three is a showstopper. The main floor, with Oak Harwood flooring, includes a full kitchen, dining area, and a bathroom with shower. Upstairs, which has porcelain tile, youll find three guest bedrooms, two balconies, a grand family room with breathtaking mountain views, laundry room, and an impressive primary suite with a walk-in closet, a private nursery or office space, and a luxurious 4-piece ensuite bathroom. Outside, enjoy a large courtyard perfect for outdoor entertaining, an oversized fully finished 2-car garage with wood-burning stove, and three additional parking areas for ample guest or tenant convenience. Every inch of this property has been thoughtfully upgraded with high-end finishes, including porcelain tile flooring throughout, modern kitchens and bathrooms, and updated fixtures"all blending contemporary style with comfort. With the ability to live in one unit and rent the others, or lease all three for maximum income potential, this is a rare and lucrative opportunity. Whether you're an investor or a homeowner looking for versatility and value, this property checks all the boxes.

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Pikes Peak Multiple Listing Service logo Summit Group Colorado | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-06-15T08:40:59.087.
www.summitgroupcolorado.com/homes/164207420
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321 Graceland Grove Colorado Springs, CO 80904

  • Price: $1,400,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 14 min ago
  • ID#: 8221419
0
Beds
0
Baths
0
½ Baths
0.15
Acres
2006
Built
Neighborhood:
Gillette
County:
El Paso
Area:
Colorado Springs
School District:
Colorado Springs 11
Property Description
Welcome to an extraordinary investment opportunity offering three beautifully updated living units on one expansive and versatile property"perfect for multi-generational living, house hacking, or maximizing rental income. Unit One features 2 bedrooms, a full kitchen, a cozy living room with a wood-burning fireplace, Oak hardwood flooring, a modern bathroom with a large shower, in-unit laundry, and access to a private yard"ideal for tenants or personal use. Unit Two, with Porcelain tile flooring, offers 2 spacious bedrooms, a large family room, a full kitchen with a stylish peninsula bar top for dining, and laundry area"an ideal layout for long-term rental or guest accommodations. Unit Three is a showstopper. The main floor, with Oak Harwood flooring, includes a full kitchen, dining area, and a bathroom with shower. Upstairs, which has porcelain tile, youll find three guest bedrooms, two balconies, a grand family room with breathtaking mountain views, laundry room, and an impressive primary suite with a walk-in closet, a private nursery or office space, and a luxurious 4-piece ensuite bathroom. Outside, enjoy a large courtyard perfect for outdoor entertaining, an oversized fully finished 2-car garage with wood-burning stove, and three additional parking areas for ample guest or tenant convenience. Every inch of this property has been thoughtfully upgraded with high-end finishes, including porcelain tile flooring throughout, modern kitchens and bathrooms, and updated fixtures"all blending contemporary style with comfort. With the ability to live in one unit and rent the others, or lease all three for maximum income potential, this is a rare and lucrative opportunity. Whether you're an investor or a homeowner looking for versatility and value, this property checks all the boxes.
Exterior Features

Foundation Details Crawl Space Lot Size 0.1500 Lot Size Units Acres Parking Spaces Number Of 6 Roof Composite Shingle Siding Masonite TypeStuccoWood Structure Framed on LotFrame

Interior Features

Appliances 220v in KitchenDishwasherDryerGas in KitchenMicrowave OvenOvenRangeRefrigeratorSelf Cleaning OvenWasher Cooling Central AirWall Unit(s) Fireplace Description Main LevelOneWood BurningWood Burning Stove Heating Forced Air Laundry Facilities Electric Hook-up Unit Total Baths 5 Unit Total Beds 8

Property Features

Earnest Money 14000 Income Property Sub Type SF Home Notices Not Applicable Tax Amount 2876.66 Tax Year 2024 Terms CashConventionalVA Unit Count 3 Utilities Cable AvailableElectricity ConnectedNatural Gas Connected Water Municipal



Pikes Peak Multiple Listing Service logo Summit Group Colorado | eXp Realty- Licensed in the State of Colorado. The real estate listing information and related content displayed on this site is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Any offer of compensation is made only to Participants of the PPMLS. This information and related content is deemed reliable but is not guaranteed accurate by the Pikes Peak REALTOR® Services Corp. Data last updated 2025-06-15T08:40:59.087.
 
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Summit Group Colorado | eXp Realty
215 W Rockrimmon Blvd
Colorado Springs CO, 80919
Pikes Peak Multiple Listing Service logo Listing provided courtesy of RE/MAX Real Estate Group LLC: 719-534-7900.