321 Graceland GRV Active Save Request In-Person Tour Request Virtual Tour
Colorado Springs,CO 80904
Key Details
Property Type Single Family Home
Sub Type Single Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,352 sqft
Price per Sqft $357
MLS Listing ID 1503871
Style 2 Story
Bedrooms 8
Full Baths 2
Three Quarter Bath 3
Construction Status Existing Home
HOA Y/N No
Year Built 2006
Annual Tax Amount $2,876
Tax Year 2024
Lot Size 6,534 Sqft
Property Sub-Type Single Family
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
Location
State CO
County El Paso
Area Gillette
Interior
Cooling Central Air
Flooring Ceramic Tile,Tile,Wood,Luxury Vinyl
Fireplaces Number 1
Fireplaces Type Main Level,One,Wood Burning,Wood Burning Stove
Appliance 220v in Kitchen,Dishwasher,Dryer,Gas in Kitchen,Microwave Oven,Oven,Range,Refrigerator,Self Cleaning Oven,Washer
Laundry Electric Hook-up,Main,Upper
Exterior
Parking Features Detached
Garage Spaces 2.0
Utilities Available Cable Available,Electricity Connected,Natural Gas Connected
Roof Type Composite Shingle
Building
Lot Description Corner,Mountain View,View of Pikes Peak
Foundation Crawl Space
Water Municipal
Level or Stories 2 Story
Structure Type Framed on Lot,Frame
Construction Status Existing Home
Schools
Middle Schools West
High Schools Coronado
School District Colorado Springs 11
Others
Miscellaneous Breakfast Bar,Kitchen Pantry
Special Listing Condition Not Applicable
Virtual Tour https://www.listingsmagic.com/sps/tour-slider/index.php?property_ID=273062