321 Graceland Grove
Colorado Springs, CO, 80904 $ 1,000,000
Bedrooms8 Baths5.0 Sq 3,352 Monthly Estimate*
$ 6,239
for $1,000,000 with 8 bedrooms and 5 full baths. This 3,352 square foot home was built in 2006 on a lot size of 0.15.
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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FeaturesGeneralUtilities Cable Available Electricity Connected Natural Gas Connected
Roof Composite Shingle
Appliances 220v in Kitchen Dishwasher Dryer Gas in Kitchen Microwave Oven Oven Range Refrigerator Self Cleaning Oven Washer
Water Municipal
Assoc Fees 0.00
Number of Garage Spaces 2
School District Colorado Springs 11
Construction Status Existing Home
Property Type Residential
Yearly Taxes 2876.66
Tax Year 2024
Status Active
Sub Type Single Family
High School Coronado
Junior High School West
Elementary School West
Covenants Y/N 0
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ExteriorSiding Masonite Type Stucco Wood
Garage Type Detached
Structure Framed on Lot Frame
Lot Size 0.1500
Foundation Crawl Space
Lot Description Corner Mountain View View of Pikes Peak
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InteriorFull Baths 2
Floor Plan 2 Story
Half Baths 0
Three Quarter Bath 3
Laundry Facility Electric Hook-up Main Upper
Fireplace Main Level One Wood Burning Wood Burning Stove
Total Baths 5
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* Excluded FeaturesList ByRe/Max Real Estate Group LlcBroker
natej30remax@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $6,239
- Monthly Property Taxes
- $240
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbySingle family listings in Colorado Springs, CO
Average List Price $614,382
Percent of Sale Price 39%
About Colorado Springs, CO 461,521 Population
27% Since 2002
$ 57,575 Median Income
36.95 Median Age
30% Households with Children
Trends Information provided by ATTOM Data Solutions.
3784392 Elementary School
3784391 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 8/11/2025 | $1,000,000 | -16.67% | Price Down |
| 6/29/2025 | $1,200,000 | -10.00% | Price Down |
| 6/20/2025 | $1,333,333 | -4.76% | Price Down |
| 5/15/2025 | $1,400,000 | | Listed Price |