321 Graceland Grove, Colorado Springs, CO 80904
Local realty services provided by:ERA Shields Real Estate
Listed by: nathan johnson abr crs gri mrp
Office: re/max real estate group llc.
MLS#:1503871
Source:CO_PPAR
Price summary
- Price:$1,000,000
- Price per sq. ft.:$298.33
About this home
Discover three newer, fully permitted living units—each with its own kitchen and laundry—on one versatile property designated as a Single Family Residence. Ideal for multi-generational living, rental income, or an approved STR.
Unit One has 2 bedrooms, a full kitchen, laundry, a living room with a wood-burning fireplace, oak flooring, a remodeled bathroom, and a private fenced garden area.
Unit Two offers all-tile flooring, 2 bedrooms, 1 full bath, a family room, full kitchen with bar seating, and its own laundry—perfect for long-term tenants or short-term stays.
Unit Three (the main house) features oak floors, a full kitchen with dual sinks, dining area, and a ¾ bath on the main level. Upstairs are 4 bedrooms, a family room with mountain views, 2 composite decks, laundry room, and a primary suite with walk-in closet and attached nursery/office plus a 4-piece bath.
The main house can also be rented as one complete unit, Most furnishings in the main house, and select items in the garage unit, may remain to provide a turn-key rental option.
Outdoor living includes a courtyard, tree-shaded composite deck, and an oversized fully finished and insulated 3-door (2-car) garage with a wood-burning stove and kitchenette, plus ample off-street parking.
Thoughtfully improved with modern kitchens and baths, upgraded insulation, and quality finishes, this architect-owned property offers flexible use, strong income potential, and peace of mind with security cameras, all within a single-family setting.
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Home facts
- Year built:2006
- Listing ID #:1503871
- Added:209 day(s) ago
- Updated:November 19, 2025 at 03:06 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:2
- Living area:3,352 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Forced Air
Structure and exterior
- Roof:Composite Shingle
- Year built:2006
- Building area:3,352 sq. ft.
- Lot area:0.15 Acres
Schools
- High school:Coronado
- Middle school:West
- Elementary school:West
Utilities
- Water:Municipal
Finances and disclosures
- Price:$1,000,000
- Price per sq. ft.:$298.33
- Tax amount:$2,876 (2024)
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